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Earnings Per Common Share
6 Months Ended
Oct. 31, 2024
Earnings Per Share [Abstract]  
Earnings Per Common Share Earnings Per Common Share
The following table sets forth the computation of basic and diluted earnings per share of common stock:
Three Months Ended
October 31,
Six Months Ended
October 31,
2024202320242023
(in thousands, except per share data)
Net income$53,536 $80,957 $110,784 $167,787 
Basic earnings per common share:
Basic weighted average common shares outstanding39,126 40,466 39,334 40,608 
Basic earnings per common share$1.37 $2.00 $2.82 $4.13 
Diluted earnings per common share:
Basic weighted average common shares outstanding39,126 40,466 39,334 40,608 
Add: Common Stock Equivalents577 622 630 674 
Diluted weighted average common shares outstanding39,703 41,088 39,964 41,282 
Diluted earnings per common share$1.35 $1.97 $2.77 $4.06 
During the three and six months ended October 31, 2024 and 2023, the number of Common Stock Equivalents excluded from the calculation of diluted earnings per share because their effect would have been anti-dilutive was not material. Anti-dilutive securities could be dilutive in future periods.