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Net Earnings Per Share (Tables)
9 Months Ended
Jan. 31, 2020
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)
 
2020
 
2019
 
2020
 
2019
Numerator used in basic and diluted net earnings
 
 
 
 
 
 
 
 
per common share:
 
 
 
 
 
 
 
 
Net income
 
$
12,804

 
$
18,409

 
$
61,848

 
$
61,664

Denominator:
 
 
 
 
 
 
 
 
Denominator for basic net earnings per common
 
 
 
 
 
 
 
 
share - weighted-average shares
 
16,922

 
17,186

 
16,902

 
17,425

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Stock options and restricted stock units
 
53

 
30

 
45

 
42

Denominator for diluted net earnings per common
 
 
 
 
 
 
 
 
share - weighted-average shares and assumed
 
 
 
 
 
 
 
 
conversions
 
16,975

 
17,216

 
16,947

 
17,467

Net earnings per share
 
 
 
 
 
 
 
 
Basic
 
$
0.76

 
$
1.07

 
$
3.66

 
$
3.54

Diluted
 
$
0.75

 
$
1.07

 
$
3.65

 
$
3.53