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Earnings Per Common Share (Tables)
12 Months Ended
Apr. 30, 2019
Earnings Per Common Share  
Schedule of computation of basic and diluted earnings per share of common stock

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended April 30, 

 

 

2019

    

2018

    

2017

 

 

(in thousands, except per share data)

Net income

 

$

56,002

 

$

62,971

 

$

48,886

Less: Net income allocated to participating securities

 

 

1,382

 

 

 —

 

 

 —

Net income attributable to common stockholders

 

$

54,620

    

$

62,971

 

$

48,886

Basic earnings per common share:

 

 

  

 

 

  

 

 

 

Basic weighted average common shares outstanding

 

 

40,914

 

 

41,015

 

 

40,260

Basic earnings per common share

 

$

1.33

 

$

1.54

 

$

1.21

Diluted earnings per common share:

 

 

  

 

 

  

 

 

  

Basic weighted average common shares outstanding

 

 

40,914

 

 

41,015

 

 

40,260

Add: Common Stock Equivalents

 

 

675

 

 

1,148

 

 

810

Diluted weighted average common shares outstanding

 

 

41,589

 

 

42,163

 

 

41,070

Diluted earnings per common share

 

$

1.31

 

$

1.49

 

$

1.19