—Earnings Per Share

Basic earnings per share is computed by dividing net income (loss) available to common stockholders by the weighted average number of shares of Common Stock outstanding during the period. In addition, the shares of Common Stock issuable pursuant to restricted stock awards, restricted stock units and stock options outstanding under the 2019 Plan are included in the diluted earnings per share calculation to the extent they are dilutive. For the six months ended April 30, 2019 and 2018, 108 and 308 stock awards, respectively, were excluded from the computation of diluted earnings per share because their inclusion would be anti-dilutive. The following is a reconciliation of the numerator and denominator of the basic and diluted earnings per share computation for net income (loss) per share:



	Three Months Ended April 30,				Six Months Ended April 30,
	2019		2018		2019			2018
Net income (loss) available to common stockholders	$	1,112	$	4,025	$	(3,586	)	$	8,883
Basic weighted average shares	23,516		23,222		23,450			23,164
Effect of dilutive securities:
Restricted stock, units and stock options (1)	43		135		—			147
Diluted weighted average shares	23,559		23,357		23,450			23,311
Basic income (loss) per share	$	0.05	$	0.17	$	(0.15	)	$	0.38
Diluted income (loss) per share	$	0.05	$	0.17	$	(0.15	)	$	0.38

(1) Due to a loss for the six months ended April 30, 2019, no restricted stock, restricted stock units or stock options are included because the effect would be anti-dilutive.