Reconciliation of Weighted Average Shares Outstanding

9 Months Ended

Jan. 31, 2013

Reconciliation of Weighted Average Shares Outstanding [Abstract]

Reconciliation of Weighted Average Shares Outstanding

5.     Reconciliation of Weighted Average Shares Outstanding

A reconciliation of the shares used in the computation of earnings per share follows (in thousands):

	For the Three Months Ended January 31,		For the Nine Months Ended January 31,
	2013	2012	2013	2012
Weighted average shares outstanding	59,856	60,197	59,874	60,592
Less: Unearned restricted shares	(235)	(204)	(218)	(200)
Shares used for basic earnings per share	59,621	59,993	59,656	60,392
Dilutive effect of stock options and other stock awards	633	852	693	863
Shares used for diluted earnings per share	60,254	60,845	60,349	61,255

Since their inclusion in the calculation of diluted earnings per share would have been anti-dilutive, options to purchase 2,717,744 shares of Class A Common Stock have been excluded for both the three and nine months ended January 31, 2013, and options to purchase 1,655,362 shares have been excluded for both the three and nine months ended January 31, 2012.  For the three and nine months ended January 31, 2013, unearned restricted shares of 30,750 and 23,000, respectively, have been excluded as their inclusion would have been anti-dilutive. The three and nine month periods ended January 31, 2012 exclude 5,000 and 48,150 anti-dilutive shares, respectively.