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Net Earnings Per Share (Tables)
9 Months Ended
Jan. 31, 2016
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
 
Nine Months Ended
 
 
January 31,
 
January 31,
(in thousands, except per share amounts)
 
2016
 
2015
 
2016
 
2015
Numerator used in basic and diluted net earnings
 
 
 
 
 
 
 
 
per common share:
 
 
 
 
 
 
 
 
Net income
 
$
12,013

 
$
7,282

 
$
45,351

 
$
24,191

Denominator:
 
 
 
 
 
 
 
 
Denominator for basic net earnings per common
 
 
 
 
 
 
 
 
share - weighted-average shares
 
16,295

 
15,860

 
16,253

 
15,688

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Stock options and restricted stock units
 
162

 
272

 
198

 
265

Denominator for diluted net earnings per common
 
 
 
 
 
 
 
 
share - weighted-average shares and assumed
 
 
 
 
 
 
 
 
conversions
 
16,457

 
16,131

 
16,450

 
15,953

Net earnings per share
 
 
 
 
 
 
 
 
Basic
 
$
0.74

 
$
0.46

 
$
2.79

 
$
1.54

Diluted
 
$
0.73

 
$
0.45

 
$
2.76

 
$
1.52