Earnings (Net Loss) Per Share

6 Months Ended

Oct. 31, 2011

Earnings (Net Loss) Per Share [Abstract]

Earnings (Net Loss) Per Share

NOTE D--EARNINGS (NET LOSS) PER SHARE

The following table sets forth the computation of basic and diluted earnings (net loss) per share:

	Three Months Ended						Six Months Ended
	October 31						October 31
(in thousands, except per share amounts)	2011			2010			2011			2010
Numerator used for both basic and diluted earnings (net loss) per share:
Net loss	$	(2,976	)	$	(7,384	)	$	(5,692	)	$	(10,802	)
Denominator:
Denominator for basic earnings (net loss) per share-weighted average shares		14,331			14,240			14,315			14,231
Effect of dilutive securities:
Stock options and restricted stock units		0			0			0			0
Denominator for diluted earnings (net loss) per share-weighted average shares and assumed conversions		14,331			14,240			14,315			14,231
Net loss per share
Basic	$	(0.21	)	$	(0.52	)	$	(0.40	)	$	(0.76	)
Diluted	$	(0.21	)	$	(0.52	)	$	(0.40	)	$	(0.76	)

Potentially dilutive securities of 119,000 and 30,000 shares for the three-month periods ended October 31, 2011 and 2010, respectively, and 134,000 and 36,000 shares for the six-month periods ended October 31, 2011 and 2010, respectively, have not been considered in the calculation of net loss per share, as the effect would be anti-dilutive.