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Earnings Per Common Share
 12 Months Ended
Apr. 30, 2018
Earnings Per Common Share  
Earnings Per Common Share

17. Earnings Per Common Share

The following table sets forth the computation of basic and diluted earnings per share of common stock for the years ended April 30, 2018, 2017 and 2016:

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended April 30, 

 

    

2018

    

2017

    

2016

 

 

(in thousands, except per share data)

Net income

 

$

62,971

    

$

48,886

 

$

12,564

Basic earnings per common share:

 

 

  

 

 

  

 

 

 

Basic weighted average common shares outstanding

 

 

41,015

 

 

40,260

 

 

32,799

Basic earnings per common share

 

$

1.54

 

$

1.21

 

$

0.38

Diluted earnings per common share:

 

 

  

 

 

  

 

 

  

Basic weighted average common shares outstanding

 

 

41,015

 

 

40,260

 

 

32,799

Add: Common Stock Equivalents

 

 

1,148

 

 

810

 

 

326

Diluted weighted average common shares outstanding

 

 

42,163

 

 

41,070

 

 

33,125

Diluted earnings per common share

 

$

1.49

 

$

1.19

 

$

0.38