EARNINGS PER SHARE

9 Months Ended

Jan. 31, 2026

EARNINGS PER SHARE

EARNINGS PER SHARE

(12)EARNINGS PER SHARE

Refer to Note 14 to the consolidated financial statements contained in the 2025 Form 10-K for detail regarding the calculation of earnings per share – basic and earnings per share – diluted.

The components of earnings per share – basic are as follows (amounts in thousands, except per share amounts):

	Three Months Ended				Nine Months Ended
	January 31,				January 31,
	2026		2025		2026		2025
Numerator:
Net income	$	3,147	$	717	$	9,039	$	8,823
Denominator:
Weighted average number of common shares outstanding – basic		5,340		5,321		5,334		5,316
Earnings per share – basic	$	0.59	$	0.13	$	1.69	$	1.66

The components of earnings per share – diluted are as follows (amounts in thousands, except per share amounts):

	Three Months Ended				Nine Months Ended
	January 31,				January 31,
	2026		2025		2026		2025
Numerator:
Net income	$	3,147	$	717	$	9,039	$	8,823
Denominator:
Weighted average number of common shares outstanding – basic		5,340		5,321		5,334		5,316
Dilutive effect of unvested shares of restricted common stock		34		32		35		32
Dilutive effect of shares issuable upon the exercise of stock options that are in-the-money		15		28		15		28
Weighted average number of common shares outstanding – diluted		5,389		5,381		5,384		5,376
Earnings per share – diluted	$	0.58	$	0.13	$	1.68	$	1.64