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EARNINGS PER SHARE
3 Months Ended
Jul. 31, 2012
EARNINGS PER SHARE
7. EARNINGS PER SHARE

The following table sets forth the numerator and denominator used in the computation of basic and diluted earnings per share (“EPS”):

 

     Three Months Ended July 31,  
     2012     2011  

Numerator:

    

Loss from continuing operations before discontinued operations attributable to common stockholders

   $ (8,371)      $ (3,708
  

 

 

   

 

 

 

Denominator:

    

Number of shares outstanding, end of period:

    

Class A common stock

     26,367        25,898   

Class B common stock

     988        988   

Unvested restricted stock

     (127     (141

Effect of weighted average shares outstanding during period

     (236     (181
  

 

 

   

 

 

 

Weighted average number of common shares used in basic and diluted EPS

     26,992        26,564   
  

 

 

   

 

 

 

For the three months ended July 31, 2012 and 2011, 2,601 and 3,134 shares, respectively, of potential common stock related to restricted stock, restricted stock units, performance stock units, and stock options were excluded from the calculation of dilutive shares since we experienced a loss from continuing operations in each fiscal year period and the inclusion of potential shares would be anti-dilutive.