Organization and Significant Accounting Policies (Tables)

12 Months Ended

Apr. 30, 2013

Organization and Significant Accounting Policies

Schedule of estimated useful lives of property and equipment


Machinery and equipment		2 to 7 years
Computer equipment and software		2 to 5 years
Furniture and fixtures		3 to 7 years
Leasehold improvements		Lesser of useful life or term of lease

Schedule of reconciliation of basic to diluted shares

	Year Ended April 30,

	2013		2012		2011
Numerator for basic earnings per share:
Net income	$	10,426,000	$	30,451,000	$	25,909,000
Denominator for basic earnings per share:
Weighted average common shares		22,069,842		21,783,496		21,591,333
Dilutive effect of employee stock options, restricted stock and restricted stock units		320,578		531,978		489,933

Denominator for diluted earnings per share		22,390,420		22,315,474		22,081,266

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References+ Details