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Note H - Weighted Average Shares Outstanding
3 Months Ended
Jul. 31, 2012
Weighted Average Shares Outstanding
H – Weighted Average Shares Outstanding

Weighted average shares of common stock outstanding, which are used in the calculation of basic and diluted earnings per share, are as follows:

   
Three Months Ended:
 
   
July 31,
 
   
2012
   
2011
 
             
Weighted average shares outstanding-basic
    9,304,743       10,271,359  
Dilutive options and restricted stock
    447,326       308,465  
                 
Weighted average shares outstanding-diluted
    9,752,069       10,579,824  
                 
Antidilutive securities not included:
               
  Options
    35,000       25,000