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Long-term Debt and Other Credit Arrangements
6 Months Ended
Oct. 31, 2023
Debt Disclosure [Abstract]  
Long-term Debt and Other Credit Arrangements Long-term Debt and Other Credit Arrangements
At April 30, 2023, advances of $3.5 million were outstanding under the Company's Revolving Credit Facility. Amounts available under the Revolving Credit Facility were $10.3 million at April 30, 2023. The borrowing rate under the Revolving Credit Facility was 9.02% as of April 30, 2023. The Company's International subsidiaries had a balance outstanding at April 30, 2023 of $39,000 in short-term borrowings related to overdraft protection and short-term loan arrangements. At April 30, 2023, the Company was in compliance with all of the financial covenants under its Revolving Credit Facility.
At October 31, 2023, advances of $5.0 million were outstanding under the Revolving Credit Facility, with remaining borrowing capacity under the Revolving Credit Facility of $7.4 million. The borrowing rate under the Revolving Credit Facility was 9.53% as of October 31, 2023. In addition, the Company's International subsidiaries have a balance outstanding of $855,000 in short-term borrowings related to overdraft protection and short-term loan arrangements at October 31, 2023. The Company was in compliance with all of the financial covenants under its Revolving Credit Facility as of October 31, 2023.