Net Income Per Common Share

12 Months Ended

Apr. 30, 2019

Earnings Per Share [Abstract]

Net Income Per Common Share

NET INCOME PER COMMON SHARE

Computations for basic and diluted earnings per common share are presented below:

	Years ended April 30,
	2019		2018		2017
Basic
Net income	$	203,886	$	317,903	$	177,485
Weighted average shares outstanding-basic	36,709,940		37,778,304		39,124,665
Basic earnings per common share	$	5.55	$	8.41	$	4.54
Diluted
Net income	$	203,886	$	317,903	$	177,485
Weighted-average shares outstanding-basic	36,709,940		37,778,304		39,124,665
Plus effect of stock options and restricted stock units	265,447		353,795		454,333
Weighted-average shares outstanding-diluted	36,975,387		38,132,099		39,578,998
Diluted earnings per common share	$	5.51	$	8.34	$	4.48

There were no options considered antidilutive; therefore, all options were included in the computation of dilutive earnings per share for fiscal 2019, 2018, and fiscal 2017, respectively.