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Earnings (Loss) Per Share (Tables)
3 Months Ended
Jul. 31, 2012
Earnings (Loss) Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

 

 

 

 

 

(in thousands, except per share amounts)

 

Three Months Ended

 

 

July 31,

 

 

2012

 

2011

Net income (loss)

$

 157

$

 (1,778)

Dividends paid and payable on preferred stock

 

 (101)

 

 (34)

Net income (loss) available to common stockholders

$

 56

$

 (1,812)

 

 

 

 

 

Weighted-average shares of common stock outstanding, basic

 

 14,718

 

 14,601

Effect of dilutive securities

 

 -

 

 -

Weighted-average shares of common stock outstanding, diluted

 

 14,718

 

 14,601

 

 

 

 

 

Income (loss) per share of common stock:

 

 

 

 

Basic

$

 0.00

$

 (0.12)

Diluted

$

 0.00

$

 (0.12)