Year Ended April 30,

2020

2019

2018

(in thousands, except per share data)

Net income

$

23,381

$

56,002

$

62,971

Less: Net income allocated to participating securities

74

1,382

—

Net income attributable to common stockholders

$

23,307

$

54,620

$

62,971

Basic earnings per common share:

Basic weighted average common shares outstanding

41,853

40,914

41,015

Basic earnings per common share

$

0.56

$

1.33

$

1.54

Diluted earnings per common share:

Basic weighted average common shares outstanding

41,853

40,914

41,015

Add: Common Stock Equivalents

651

675

1,148

Diluted weighted average common shares outstanding

42,504

41,589

42,163

Diluted earnings per common share

$

0.55

$

1.31

$

1.49