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Earnings Per Common Share
 12 Months Ended
Apr. 30, 2025
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:
Year Ended April 30,
202520242023
(in thousands, except per share data)
Net income$115,469 $276,079 $332,991 
Basic earnings per common share:
Basic weighted average common shares outstanding38,928 40,229 41,904 
Basic earnings per common share$2.97 $6.86 $7.95 
Diluted earnings per common share:
Basic weighted average common shares outstanding38,928 40,229 41,904 
Add: Common Stock Equivalents575 677 688 
Diluted weighted average common shares outstanding39,503 40,906 42,592 
Diluted earnings per common share$2.92 $6.75 $7.82 
During the years ended April 30, 2025, 2024 and 2023, approximately 0.2 million, 0.2 million and 0.4 million, respectively, stock options and restricted stock units were excluded from the calculation of diluted earnings per share because their effect would have been anti-dilutive. Anti-dilutive securities could be dilutive in future periods.