XML 51 R39.htm IDEA: XBRL DOCUMENT v3.22.2.2
Debt (Tables)
6 Months Ended
Oct. 29, 2022
Debt  
Schedule of long-term debt and the current period interest rates

Long-term debt and the current period interest rates were as follows:

October 29,

April 30,

2022

    

2022

(In thousands)

(In thousands)

Term loans

$

167,500

$

190,000

Revolving credit facility

Total debt

167,500

190,000

Less current portion

10,000

10,000

Total long-term debt, less current portion

157,500

180,000

Less unamortized debt issuance costs - term loans

1,878

2,160

Total long-term debt, net of unamortized debt issuance costs - term loans

$

155,622

$

177,840

Unamortized debt issuance costs - revolving credit facility

$

934

$

1,076

Current period interest rate

5.0%

2.6%

Schedule of Future long-term debt principle payments

Future long-term debt principal payments at October 29, 2022 were as follows:

(In thousands)

2023

$

2,500

2024

 

10,000

2025

 

10,000

2026

 

145,000

2027

 

$

167,500