Net Income Per Common Share

12 Months Ended

Apr. 30, 2017

Earnings Per Share [Abstract]

Net Income Per Common Share

NET INCOME PER COMMON SHARE

Computations for basic and diluted earnings per common share are presented below:

	Years ended April 30,
	2017		2016		2015
Basic
Net income	$	177,485	$	225,982	$	180,628
Weighted average shares outstanding-basic	39,124,665		39,016,299		38,743,227
Basic earnings per common share	$	4.54	$	5.79	$	4.66
Diluted
Net income	$	177,485	$	225,982	$	180,628
Weighted-average shares outstanding-basic	39,124,665		39,016,299		38,743,227
Plus effect of stock options and restricted stock units	454,333		405,900		360,606
Weighted-average shares outstanding-diluted	39,578,998		39,422,199		39,103,833
Diluted earnings per common share	$	4.48	$	5.73	$	4.62

There were no options considered antidilutive; therefore, all options were included in the computation of dilutive earnings per share for fiscal 2017, 2016, and fiscal 2015, respectively.