Fair Value of Financial Instruments and Long Term Debt (Tables)

12 Months Ended

Apr. 30, 2024

Fair Value Disclosures [Abstract]

Carrying Value of Long-Term Debt

The carrying amount of the Company’s long-term debt and finance lease obligations by issuance is as follows: 

	As of April 30,
	2024		2023
Finance lease liabilities (Note 7)	$	101,818	$	95,072
3.67% Senior Notes (Series A) due in 7 installments beginning June 17, 2022, and ending June 15, 2028	111,000		135,000
3.75% Senior Notes (Series B) due in 7 installments beginning December 17, 2022 and ending December 18, 2028	37,000		45,000
3.65% Senior Notes (Series C) due in 7 installments beginning May 2, 2025 and ending May 2, 2031	50,000		50,000
3.72% Senior Notes (Series D) due in 7 installments beginning October 28, 2025 and ending October 28, 2031	50,000		50,000
3.51% Senior Notes (Series E) due June 13, 2025	150,000		150,000
3.77% Senior Notes (Series F) due August 22, 2028	250,000		250,000
2.85% Senior Notes (Series G) due August 7, 2030	325,000		325,000
2.96% Senior Notes (Series H) due August 6, 2032	325,000		325,000
Variable rate term loan facility, requiring quarterly installments ending April 21, 2028	237,500		250,000
Debt issuance costs	(1,379)		(1,698)
	$	1,635,939	$	1,673,374
Less current maturities	53,181		52,861
	$	1,582,758	$	1,620,513

Schedule of Maturities of Long-term Debt Including Capitalized Lease Obligations

Listed below are the aggregate maturities of long-term debt, excluding finance lease obligations (refer to Note 7 for future minimum payments under finance leases), for the 5 years commencing May 1, 2024 and thereafter:

 

Years ended April 30,
2025	$	44,500
2026	204,500
2027	60,500
2028	248,000
2029	286,000
Thereafter	692,000
	$	1,535,500