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Derivative Instruments and Activities (Tables)
12 Months Ended
Apr. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Interest Rate Swaps Designated as Cash Flow Hedges he following table summarizes our interest rate swaps designated as cash flow hedges:
Notional Amount
As of April 30,
Hedged Item (1)
Date entered intoNature of Swap20232022Fixed Interest Rate Variable Interest Rate
Amended and Restated CAMarch 15, 2023Pay fixed/receive variable$50,000 $— 3.565 %
1-month SOFR reset every month for a 3-year period ending April 15, 2026
Amended and Restated CAMarch 14, 2023Pay fixed/receive variable50,000 — 4.053 %
1-month SOFR reset every month for a 3-year period ending March 15, 2026
Amended and Restated CAMarch 13, 2023Pay fixed/receive variable50,000 — 3.720 %
1-month SOFR reset every month for a 3-year period ending March 15, 2026
Amended and Restated CADecember 13, 2022Pay fixed/receive variable50,000 — 3.772 %
1-month SOFR reset every month for a 3-year period ending December 15, 2025
Amended and Restated CAJune 16, 2022Pay fixed/receive variable100,000 — 3.467 %
1-month SOFR reset every month for a 2-year period ending May 15, 2024 (2)
Amended and Restated CAApril 06, 2022Pay fixed/receive variable100,000 100,000 2.588 %
1-month SOFR reset every month for a 2-year period ending April 15, 2024 (2)
Amended and Restated CAApril 12, 2021Pay fixed/receive variable100,000 100,000 0.465 %
1-month SOFR reset every month for a 3-year period ending April 15, 2024 (2)
Amended and Restated CAFebruary 26, 2020Pay fixed/receive variable— 100,000 1.168 %
1-month SOFR reset every month for a 3-year period ending March 15, 2023 (2)
Amended and Restated CAAugust 07, 2019Pay fixed/receive variable— 100,000 1.400 %
1-month LIBOR reset every month for a 3-year period ending August 15, 2022
Amended and Restated CAJune 24, 2019Pay fixed/receive variable— 100,000 1.650 %
1-month LIBOR reset every month for a 3-year period ending July 15, 2022
$500,000 $500,000 
(1)On November 30, 2022, we entered into the second amendment to our Amended and Restated CA. Refer to Note 14, “Debt and Available Credit Facilities” for more information related to our Amended and Restated CA.
(2)
On November 30, 2022, we amended the Amended and Restated CA (as defined in Note 14, “Debt and Available Credit Facilities”) and as a result we amended our outstanding interest rate swaps designated as cash flow hedges to change the rates from LIBOR-based rates to SOFR-based rates. We applied ASU 2020-04 at the time of modification, and there was no impact on our Consolidated Financial Statements.