Fair Value Measurement (Tables)

12 Months Ended

Apr. 30, 2017

Fair Value Measurements, Recurring and Nonrecurring

The carrying amounts and estimated fair values of our financial instruments are as follows:



(in 000s)
As of April 30,	2017				2016				Fair Value Hierarchy
	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value		Fair Value Hierarchy
Assets:
Cash and cash equivalents	$	1,011,331	$	1,011,331	$	896,801	$	896,801	Level 1
Cash and cash equivalents - restricted	106,208		106,208		104,110		104,110		Level 1
Receivables, net - short-term	162,775		162,775		153,116		153,116		Level 1
Receivables, net - long-term	52,898		52,898		60,407		60,407		Level 1 and 3
Liabilities:
Long-term debt (excluding debt issuance costs)	1,502,735		1,569,033		1,502,751		1,566,098		Level 2
Contingent consideration	10,428		10,428		8,657		8,657		Level 3

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

+ References + Details