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LINE OF CREDIT (Tables)
12 Months Ended
Apr. 30, 2015
LINE OF CREDIT [Abstract]  
Schedule of Line of Credit Facilities

This credit facility is summarized in the following table:

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

(in thousands)

 

 

 

 

 

Average Int.

 

Financial Institution

 

Amount
Available

 

Amount
Outstanding as
of April 30,
2015

 

Amount
Outstanding
as of April
30, 2014

 

Applicable
Interest Rate
as of April 30,
2015

 

Maturity
Date

 

Rate on
Borrowings
during fiscal
year 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

First International Bank & Trust

 

$

90,000

 

$

60,500

 

$

22,500

 

4.75

%

9/1/17

 

4.75

%