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Net Earnings Per Share (Tables)
9 Months Ended
Jan. 31, 2018
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of basic and diluted net earnings per share:
 
 
Three Months Ended
 
Nine Months Ended
 
 
January 31,
 
January 31,
(in thousands, except per share amounts)
 
2018
 
2017
 
2018
 
2017
Numerator used in basic and diluted net earnings
 
 
 
 
 
 
 
 
per common share:
 
 
 
 
 
 
 
 
Net income
 
$
1,996

 
$
14,553

 
$
44,032

 
$
53,851

Denominator:
 
 
 
 
 
 
 
 
Denominator for basic net earnings per common
 
 
 
 
 
 
 
 
share - weighted-average shares
 
16,578

 
16,242

 
16,350

 
16,267

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Stock options and restricted stock units
 
113

 
140

 
112

 
134

Denominator for diluted net earnings per common
 
 
 
 
 
 
 
 
share - weighted-average shares and assumed
 
 
 
 
 
 
 
 
conversions
 
16,691

 
16,381

 
16,462

 
16,401

Net earnings per share
 
 
 
 
 
 
 
 
Basic
 
$
0.12

 
$
0.90

 
$
2.69

 
$
3.31

Diluted
 
$
0.12

 
$
0.89

 
$
2.67

 
$
3.28