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Net Earnings Per Share (Tables)
6 Months Ended
Oct. 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
 
Six Months Ended
 
 
October 31,
 
October 31,
(in thousands, except per share amounts)
 
2019
 
2018
 
2019
 
2018
Numerator used in basic and diluted net earnings
 
 
 
 
 
 
 
 
per common share:
 
 
 
 
 
 
 
 
Net income
 
$
22,163

 
$
18,488

 
$
49,044

 
$
43,255

Denominator:
 
 
 
 
 
 
 
 
Denominator for basic net earnings per common
 
 
 
 
 
 
 
 
share - weighted-average shares
 
16,920

 
17,556

 
16,892

 
17,545

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Stock options and restricted stock units
 
36

 
32

 
40

 
45

Denominator for diluted net earnings per common
 
 
 
 
 
 
 
 
share - weighted-average shares and assumed
 
 
 
 
 
 
 
 
conversions
 
16,956

 
17,588

 
16,932

 
17,590

Net earnings per share
 
 
 
 
 
 
 
 
Basic
 
$
1.31

 
$
1.05

 
$
2.90

 
$
2.47

Diluted
 
$
1.31

 
$
1.05

 
$
2.90

 
$
2.46