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Commitments and Contingencies
 12 Months Ended
Apr. 30, 2012
Commitments and Contingencies [Abstract]  
Commitments and Contingencies

Note 7—Commitments and Contingencies

The Company entered into a 10-year operating lease for a new distribution center in fiscal year 2003. During fiscal year 2009, the Company entered into a lease related to a new Enterprise Resource Planning System (ERP) that was classified as a capital lease. The Company also leases some of its machinery and equipment under non-cancelable operating leases. Most of these leases provide the Company with renewal and purchase options, and most leases of machinery and equipment have certain early cancellation rights. Rent expense for these operating leases was $2,425,000, $2,323,000, and $2,380,000 in fiscal years 2012, 2011, and 2010, respectively. Future minimum payments under the above non-cancelable lease arrangements for the years ended April 30 are as follows:

 

                 

$ in thousands

   Operating     Capital  

2013

   $ 1,756      $ 37   

2014

     1,313        —     

2015

     1,160        —     

2016

     824        —     

2017

     642        —     

Thereafter

     927        —     
   

 

 

    

 

 

  

Total minimum lease payments

     6,622        37   

Less: amount representing interest

     —          (1)  
   

 

 

    

 

 

  

Capital lease obligation

   $   6,622      $        36   
   

 

 

    

 

 

  

The Company is involved in certain claims and legal proceedings in the normal course of business which management believes will not have a material adverse effect on the Company’s consolidated financial condition or results of operations.