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LINE OF CREDIT (Tables)
12 Months Ended
Apr. 30, 2016
LINE OF CREDIT [Abstract]  
Schedule of Line of Credit Facilities

 

This credit facility is summarized in the following table:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

 

 

 

 

 

 

 

 

    

 

 

    

 

 

    

 

 

    

 

    

 

    

Weighted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average Int.

 

 

 

 

 

 

Amount

 

Amount

 

Applicable

 

 

 

Rate on

 

 

 

 

 

 

Outstanding

 

Outstanding

 

Interest Rate

 

 

 

Borrowings

 

 

 

Amount

 

as of April 30,

 

as of April 30,

 

as of April 30,

 

Maturity

 

during fiscal

 

Financial Institution

 

Available

 

2016

 

2015

 

2016

 

Date

 

year 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

First International Bank & Trust

 

$

100,000

 

$

17,500

 

$

60,500

 

4.75

%  

9/1/17

 

4.75

%