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Net Earnings Per Share (Tables)
6 Months Ended
Oct. 31, 2015
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of basic and diluted net earnings per share:
 
 
Three Months Ended
 
Six Months Ended
 
 
October 31,
 
October 31,
(in thousands, except per share amounts)
 
2015
 
2014
 
2015
 
2014
Numerator used in basic and diluted net earnings
 
 
 
 
 
 
 
 
per common share:
 
 
 
 
 
 
 
 
Net income
 
$
18,180

 
$
7,671

 
$
33,338

 
$
16,909

Denominator:
 
 
 
 
 
 
 
 
Denominator for basic net earnings per common
 
 
 
 
 
 
 
 
share - weighted-average shares
 
16,283

 
15,672

 
16,232

 
15,602

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Stock options and restricted stock units
 
190

 
288

 
215

 
262

Denominator for diluted net earnings per common
 
 
 
 
 
 
 
 
share - weighted-average shares and assumed
 
 
 
 
 
 
 
 
conversions
 
16,473

 
15,960

 
16,447

 
15,865

Net earnings per share
 
 
 
 
 
 
 
 
Basic
 
$
1.12

 
$
0.49

 
$
2.05

 
$
1.08

Diluted
 
$
1.10

 
$
0.48

 
$
2.03

 
$
1.07