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Net Earnings Per Share (Tables)
6 Months Ended
Oct. 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
 
Six Months Ended
 
 
October 31,
 
October 31,
(in thousands, except per share amounts)
 
2018
 
2017
 
2018
 
2017
Numerator used in basic and diluted net earnings
 
 
 
 
 
 
 
 
per common share:
 
 
 
 
 
 
 
 
Net income
 
$
18,488

 
$
19,755

 
$
43,255

 
$
42,036

Denominator:
 
 
 
 
 
 
 
 
Denominator for basic net earnings per common
 
 
 
 
 
 
 
 
share - weighted-average shares
 
17,556

 
16,197

 
17,545

 
16,235

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Stock options and restricted stock units
 
32

 
71

 
45

 
84

Denominator for diluted net earnings per common
 
 
 
 
 
 
 
 
share - weighted-average shares and assumed
 
 
 
 
 
 
 
 
conversions
 
17,588

 
16,268

 
17,590

 
16,319

Net earnings per share
 
 
 
 
 
 
 
 
Basic
 
$
1.05

 
$
1.22

 
$
2.47

 
$
2.59

Diluted
 
$
1.05

 
$
1.21

 
$
2.46

 
$
2.58