Net Earnings Per Share

3 Months Ended

Jul. 31, 2019

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



	Three Months Ended
	July 31,
(in thousands, except per share amounts)	2019		2018
Numerator used in basic and diluted net earnings
per common share:
Net income	$	26,881	$	24,767
Denominator:
Denominator for basic net earnings per common
share - weighted-average shares	16,865		17,534
Effect of dilutive securities:
Stock options and restricted stock units	43		85
Denominator for diluted net earnings per common
share - weighted-average shares and assumed
conversions	16,907		17,619
Net earnings per share
Basic	$	1.59	$	1.41
Diluted	$	1.59	$	1.41

There were no potentially dilutive securities for the three-month periods ended July 31, 2019 and 2018, which were excluded from the calculation of net earnings per diluted share.