Net Earnings Per Share (Tables)

9 Months Ended

Jan. 31, 2019

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)	2019		2018		2019		2018
Numerator used in basic and diluted net earnings
per common share:
Net income	$	18,409	$	1,996	$	61,664	$	44,032
Denominator:
Denominator for basic net earnings per common
share - weighted-average shares	17,186		16,578		17,425		16,350
Effect of dilutive securities:
Stock options and restricted stock units	30		113		42		112
Denominator for diluted net earnings per common
share - weighted-average shares and assumed
conversions	17,216		16,691		17,467		16,462
Net earnings per share
Basic	$	1.07	$	0.12	$	3.54	$	2.69
Diluted	$	1.07	$	0.12	$	3.53	$	2.67