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Earnings Per Common Share (Tables)
6 Months Ended
Oct. 31, 2017
Earnings Per Common Share  
Schedule of computation of basic and diluted earnings per share of common stock

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

October 31, 

 

October 31, 

 

 

    

2017

 

2016

    

2017

 

2016

    

 

 

(in thousands, except per share data)

 

Net income

 

$

18,023

    

$

17,224

 

$

33,366

    

$

26,387

 

Basic earnings per common share:

 

 

  

 

 

 

 

 

  

 

 

 

 

Basic weighted average common shares outstanding

 

 

41,006

 

 

40,943

 

 

40,988

 

 

39,579

 

Basic earnings per common share

 

$

0.44

 

$

0.42

 

$

0.81

 

$

0.67

 

Diluted earnings per common share:

 

 

  

 

 

  

 

 

  

 

 

  

 

Basic weighted average common shares outstanding

 

 

41,006

 

 

40,943

 

 

40,988

 

 

39,579

 

Add: Shares of common stock assumed issued upon exercise of stock options

 

 

1,140

 

 

377

 

 

1,149

 

 

377

 

Diluted weighted average common shares outstanding

 

 

42,146

 

 

41,320

 

 

42,137

 

 

39,956

 

Diluted earnings per common share

 

$

0.43

 

$

0.42

 

$

0.79

 

$

0.66