Note H - Weighted Average Shares Outstanding

9 Months Ended

Jan. 31, 2019

Notes to Financial Statements

Weighted Average Shares Outstanding [Text Block]

H – Weighted Average Shares Outstanding

Weighted average shares of common stock outstanding used in the calculation of basic and diluted earnings per share were as

follows:

	Three Months Ended January 31,				Nine Months Ended January 31,
	2019		2018		2019		2018
Weighted average shares outstanding-basic		6,751,026		7,106,715		6,846,707		7,336,687
Dilutive options and restricted stock		252,363		238,713		240,723		219,568
Weighted average shares outstanding-diluted		7,003,389		7,345,428		7,087,430		7,556,255
Antidilutive securities not included:
Options		120,000		270,750		80,000		307,750
Restricted stock		-		-		-		11,333