Long-Term Debt (Tables)

12 Months Ended

Apr. 30, 2022

The Company’s long-term debt consisted of the following:


	April 30,
	2022		2021
	(in thousands)
Term Loan Facility	$	504,613	$	509,722
Unamortized discount and deferred financing costs on Term Loan Facility	(3,581)		(4,735)
ABL Facility	211,134		—
Senior Notes	350,000		350,000
Unamortized discount and deferred financing costs on Senior Notes	(4,836)		(5,485)
Finance lease obligations	120,138		117,948
Installment notes at fixed rates up to 5.0%, due in monthly and annual installments through 2025	7,086		11,716
Unamortized discount on installment notes	(364)		(739)
Carrying value of debt	1,184,190		978,427
Less current portion	47,605		46,018
Long-term debt	$	1,136,585	$	932,409

Scheduled of maturities of long-term debt

As of April 30, 2022, the maturities of existing long-term debt and finance leases were as follows:


	Term Loan Facility		ABL Facility		Senior Notes		Finance Leases		Installment Notes		Total
Year Ending April 30,	(in thousands)
2023	$	5,110	$	—	$	—	$	38,208	$	4,505	$	47,823
2024	5,110		—		—		31,606		1,881		38,597
2025	5,110		211,134		—		21,940		700		238,884
2026	489,283		—		—		14,899		—		504,182
2027	—		—		—		8,936		—		8,936
Thereafter	—		—		350,000		4,549		—		354,549
	$	504,613	$	211,134	$	350,000	$	120,138	$	7,086	$	1,192,971

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details