Long-Term Debt	6 Months Ended
Oct. 31, 2013
Long-Term Debt	9. Long-Term Debt As of October 31, 2013 and April 30, 2013, the Company had no borrowings under its long-term debt arrangements. At October 31, 2013 and April 30, 2013, there was $2.7 million of standby letters of credit issued under its long-term debt arrangements. As of April 30, 2013, under its previous senior secured credit agreement, the Company was required to maintain $2.9 million in restricted cash to provide collateral for the standby letters of credit that were outstanding. During the six months ended October 31, 2013, the Company transferred the standby letters of credit from its previous senior secured credit agreement to its current senior unsecured revolving credit agreement and since there is no restricted cash requirement under the Company’s current arrangement, the Company has no restricted cash balance as of October 31, 2013.

9. Long-Term Debt

As of October 31, 2013 and April 30, 2013, the Company had no borrowings under its long-term debt arrangements. At October 31, 2013 and April 30, 2013, there was $2.7 million of standby letters of credit issued under its long-term debt arrangements. As of April 30, 2013, under its previous senior secured credit agreement, the Company was required to maintain $2.9 million in restricted cash to provide collateral for the standby letters of credit that were outstanding. During the six months ended October 31, 2013, the Company transferred the standby letters of credit from its previous senior secured credit agreement to its current senior unsecured revolving credit agreement and since there is no restricted cash requirement under the Company’s current arrangement, the Company has no restricted cash balance as of October 31, 2013.