Note H - Weighted Average Shares Outstanding

9 Months Ended

Jan. 31, 2013

Weighted Average Shares Outstanding

H – Weighted Average Shares Outstanding

Weighted average shares of common stock outstanding, which are used in the calculation of basic and diluted earnings per share, are as follows:

	Three Months Ended January 31,				Nine Months Ended January 31,
	2013		2012		2013		2012
Weighted average shares outstanding-basic		9,017,613		9,610,125		9,142,296		9,886,100
Dilutive options and restricted stock		433,860		388,165		451,558		333,696
Weighted average shares outstanding-diluted		9,451,473		9,998,290		9,593,854		10,219,796
Antidilutive securities not included:
Options		45,000		35,000		41,667		28,333