XML 113 R80.htm IDEA: XBRL DOCUMENT v3.21.2
Debt and Available Credit Facilities (Details) - USD ($)
$ in Thousands
12 Months Ended
Apr. 30, 2021
Apr. 30, 2020
Jul. 31, 2019
May 30, 2019
Components of Total Debt Outstanding [Abstract]        
Short-term portion of long-term debt [1] $ 12,500 $ 9,375    
Total long-term debt, less current portion 809,088 765,650    
Total debt 821,588 775,025    
Unamortized issuance costs 500 700    
Annual Maturities of Long-term Debt, Including Short-term Portion [Abstract]        
2022 12,500      
2023 18,750      
2024 204,688      
2025 586,160      
Total $ 822,098      
Amended and Restated RCA [Member]        
Debt and Available Credit Facilities [Abstract]        
Term of credit facility 5 years      
Costs incurred     $ 4,000  
Credit agreement issuance cost capitalized     5,200  
Amortization expense of the lender and non-lender fees in interest expense $ 1,100 1,000    
Revolving Credit Facility [Member]        
Debt and Available Credit Facilities [Abstract]        
Term of credit facility 5 years      
Revolving Credit Facility [Member] | Amended and Restated RCA [Member]        
Components of Total Debt Outstanding [Abstract]        
Total long-term debt, less current portion $ 586,160 $ 530,387    
Debt and Available Credit Facilities [Abstract]        
Amount of financing available under credit facilities       $ 1,250,000
Credit agreement issuance cost capitalized     4,300  
Line of Credit [Member]        
Debt and Available Credit Facilities [Abstract]        
Amount of financing available under credit facilities 1,500,000      
Unused lines of credit $ 700,000      
Weighted average interest rate on total debt outstanding during the period 2.03% 3.12%    
Weighted average interest rate on total debt at period end 1.98% 2.26%    
Term Loan A Facility [Member]        
Debt and Available Credit Facilities [Abstract]        
Term of credit facility 5 years      
Term Loan A Facility [Member] | Amended and Restated RCA [Member]        
Components of Total Debt Outstanding [Abstract]        
Total long-term debt, less current portion [2] $ 222,928 $ 235,263    
Debt and Available Credit Facilities [Abstract]        
Credit agreement face amount       $ 250,000
Credit agreement issuance cost capitalized     900  
Term Loan amount related to lender fees as a reduction to debt     800  
Term Loan amount related to non-lender fees in Other NC Assets     $ 100  
Syndicate Bank Group led by Bank of America [Member] | Revolving Credit Facility [Member] | Amended and Restated RCA [Member]        
Debt and Available Credit Facilities [Abstract]        
Optional credit limit increase available on request 500,000      
Minimum increments in which optional credit limit increase may be requested $ 50,000      
Syndicate Bank Group led by Bank of America [Member] | Revolving Credit Facility [Member] | Amended and Restated RCA [Member] | Minimum [Member]        
Debt and Available Credit Facilities [Abstract]        
Line of credit facility fee percentage 0.15%      
Syndicate Bank Group led by Bank of America [Member] | Revolving Credit Facility [Member] | Amended and Restated RCA [Member] | Maximum [Member]        
Debt and Available Credit Facilities [Abstract]        
Line of credit facility fee percentage 0.25%      
Syndicate Bank Group led by Bank of America [Member] | Revolving Credit Facility [Member] | Amended and Restated RCA [Member] | LIBOR [Member] | Minimum [Member]        
Debt and Available Credit Facilities [Abstract]        
Applicable margin 0.98%      
Syndicate Bank Group led by Bank of America [Member] | Revolving Credit Facility [Member] | Amended and Restated RCA [Member] | LIBOR [Member] | Maximum [Member]        
Debt and Available Credit Facilities [Abstract]        
Applicable margin 1.50%      
Syndicate Bank Group led by Bank of America [Member] | Revolving Credit Facility [Member] | Amended and Restated RCA [Member] | Base Rate [Member] | Minimum [Member]        
Debt and Available Credit Facilities [Abstract]        
Applicable margin 0.00%      
Syndicate Bank Group led by Bank of America [Member] | Revolving Credit Facility [Member] | Amended and Restated RCA [Member] | Base Rate [Member] | Maximum [Member]        
Debt and Available Credit Facilities [Abstract]        
Applicable margin 0.50%      
Syndicate Bank Group led by Bank of America [Member] | Revolving Credit Facility [Member] | Amended and Restated RCA [Member] | Federal Funds Effective Rate [Member]        
Debt and Available Credit Facilities [Abstract]        
Margin rate over reference rate used in determining base rate 0.50%      
Syndicate Bank Group led by Bank of America [Member] | Revolving Credit Facility [Member] | Amended and Restated RCA [Member] | Eurocurrency Rate [Member]        
Debt and Available Credit Facilities [Abstract]        
Margin rate over reference rate used in determining base rate 1.00%      
Other Credit Facilities [Member] | Line of Credit [Member]        
Debt and Available Credit Facilities [Abstract]        
Outstanding borrowings under revolving credit facilities $ 0 $ 0    
Amount of financing available under credit facilities $ 1,000      
[1] Relates to our term loan A under the Amended and Restated RCA.
[2] Amounts are shown net of unamortized issuance costs of $0.5 million as of April 30, 2021 and $0.7 million as of April 30, 2020.