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Fair Value of Financial Instruments and Long Term Debt (Tables) | 12 Months Ended
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Apr. 30, 2022
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,
| 2022 |  | 2021
Finance lease liabilities (Note 7) | $ | 74,234 |  |  | $ | 14,085 |
3.67% Senior notes (Series A) due in 7 installments beginning June 17, 2022, and ending June 15, 2028 | $ | 150,000 |  |  | 150,000 |
3.75% Senior notes (Series B) due in 7 installments beginning December 17, 2022 and ending December 18, 2028 | 50,000 |  |  | 50,000 |
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 Facilities, due January 6, 2026 | 265,625 |  |  | — |
Debt issuance costs | (1,990) |  |  | (336) |
| 1,687,869 |  |  | 1,363,749 |
Less current maturities | 24,466 |  |  | 2,354 |
| $ | 1,663,403 |  |  | $ | 1,361,395 |
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, 2022 and thereafter:
Years ended April 30, |  |
2023 |  | $ | 20,000 |
2024 |  | 32,000 |
2025 |  | 32,000 |
2026 |  | 457,625 |
2027 |  | 48,000 |
Thereafter |  | 1,026,000 |
|  | $ | 1,615,625 |
Finance Lease, Liability, Maturity | 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, 2022 and thereafter:
Years ended April 30, |  |
2023 |  | $ | 20,000 |
2024 |  | 32,000 |
2025 |  | 32,000 |
2026 |  | 457,625 |
2027 |  | 48,000 |
Thereafter |  | 1,026,000 |
|  | $ | 1,615,625 |
Future minimum payments under the finance leases and operating leases consisted of the following at April 30, 2022:
Years ended April 30, | Finance leases |  | Operating leases
2023 | $ | 7,235 |  |  | $ | 7,875 |
2024 | 6,752 |  |  | 7,616 |
2025 | 5,494 |  |  | 7,381 |
2026 | 5,212 |  |  | 7,255 |
2027 | 5,196 |  |  | 7,272 |
Thereafter | 77,677 |  |  | 115,878 |
Total minimum lease payments | 107,566 |  |  | 153,277 |
Less amount representing interest | 33,332 |  |  | 50,726 |
Present value of net minimum lease payments | $ | 74,234 |  |  | $ | 102,551 |

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