XML 73 R26.htm IDEA: XBRL DOCUMENT v2.4.0.8
Long-Term Debt (Tables)
6 Months Ended
Oct. 31, 2014
Debt Disclosure [Abstract]  
Components of Long-Term Debt and Capital Leases

Long-term debt and capital leases as of October 31, 2014 and April 30, 2014 consist of the following:

 

     October 31,
2014
     April 30,
2014
 

Senior Secured Revolving Credit Facility:

     

Due March 2016; bearing interest at LIBOR plus 3.75%

   $ 144,300       $ 133,860   

Senior Subordinated Notes:

     

Due February 2019; bearing interest at 7.75% (including unamortized discount of $1,363 and $1,491)

     323,637         323,509   

Tax-Exempt Bonds:

     

Finance Authority of Maine Solid Waste Disposal Revenue Bonds Series 2005R-2; senior unsecured due January 2025 - fixed rate interest period through 2017, bearing interest at 6.25%

     21,400         21,400   

Vermont Economic Development Authority Solid Waste Disposal Long-Term Revenue Bonds Series 2013; senior unsecured due April 2036 - fixed rate interest period through 2019, bearing interest at 4.75%

     16,000         16,000   

Business Finance Authority of the State of New Hampshire Solid Waste Disposal Revenue Bonds Series 2013; senior unsecured due April 2029 - fixed rate interest period through 2019, bearing interest at 4.00%

     11,000         —     

Finance Authority of Maine Solid Wasete Disposal Revenue Bonds Series 2005R-1; letter of credit backed due January 2025 - variable rate interest period through 2017, bearing interest at SIFMA Index

     3,600         3,600   

Business Finance Authority of the State of New Hampshire Solid Waste Disposal Revenue Bonds Series 2013; letter of credit backed due 2029 - converted to fixed rate interest period, bore interest at SIFMA Index

     —           5,500   

Other:

     

Notes payable maturing through April 2017

     440         440   

Capital leases maturing through April 2023

     3,401         3,710   
  

 

 

    

 

 

 
     523,778         508,019   

Less—current maturities of long-term debt

     1,736         885   
  

 

 

    

 

 

 
   $ 522,042       $ 507,134