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Long-Term Debt | 3 Months Ended
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Jul. 31, 2024
Debt Disclosure [Abstract] |
Long-Term Debt | Long-Term Debt 4.625% Senior Unsecured Notes due 2027 Long-term debt, at amortized cost, consisted of the following:
In thousands |  | July 31, 2024 |  | April 30, 2024
Senior Unsecured Notes |  | $ | 400,000 |  |  | $ | 400,000 |
Less: Unamortized discount and issuance costs |  | (2,860) |  |  | (3,054) |
Long-term borrowings, net of unamortized discount and debt issuance costs |  | $ | 397,140 |  |  | $ | 396,946 |
Credit Facilities On June 24, 2022, the Company entered into an amendment (the “Amendment”) to its December 16, 2019 Credit Agreement (the “Credit Agreement”; as amended by the Amendment, the “Amended Credit Agreement”) with a syndicate of banks and Bank of America, National Association as administrative agent. The Amended Credit Agreement provides for five-year senior secured credit facilities comprised of a $650.0 million revolving credit facility (the “Revolver”). As of July 31, 2024 and April 30, 2024, there was no outstanding liability under the Revolver, and the Company was in compliance with its debt covenants. The Company had a total of $645.4 million and $645.5 million available under the Revolver after $4.6 million and $4.5 million of standby letters of credit were issued as of July 31, 2024 and April 30, 2024, respectively. The Company had a total of $12.3 million and $13.2 million of standby letters with other financial institutions as of July 31, 2024 and April 30, 2024, respectively. The standby letters of credit were generally issued as a result of entering into office premise leases.

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- Definition The entire disclosure for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 470 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/470/tableOfContent + Details
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