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Derivative Instruments and Hedging Activities (Tables)
 9 Months Ended
Jan. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments
The following table summarizes our interest rate swaps designated as cash flow hedges:
Notional Amount
Hedged Item (1)
Date entered intoNature of SwapJanuary 31, 2022April 30, 2022Fixed Interest RateVariable Interest Rate
Amended and Restated CADecember 13, 2022Pay fixed/receive variable$50 $— 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 variable$100 $— 3.467 %
1-month SOFR reset every month for a 3-year period ending May 15, 2024 (2)
Amended and Restated CAApril 12, 2021Pay fixed/receive variable$100 $100 0.465 %
1-month SOFR reset every month for a 3-year period ending April 15, 2024 (2)
Amended and Restated CAApril 6, 2022Pay fixed/receive variable$100 $100 2.588 %
1-month SOFR reset every month for a 2-year period ending April 15, 2024 (2)
Amended and Restated CAFebruary 26, 2020Pay fixed/receive variable$100 $100 1.168 %
1-month SOFR reset every month for a 3-year period ending March 15, 2023 (2)
Amended and Restated CAAugust 7, 2019Pay fixed/receive variable$— $100 1.400 %
1-month LIBOR reset every month for a 3-year period ending August 15, 2022
Amended and Restated CAJune 24, 2019Pay fixed/receive variable$— $100 1.650 %
1-month LIBOR reset every month for a 3-year period ending July 15, 2022
$450 $500 
(1)
On November 30, 2022, we entered into the Second Amendment to our Amended and Restated CA. Refer to Note 15, "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 15, “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 Condensed Consolidated Financial Statements.