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Earnings per Share
9 Months Ended
Jan. 31, 2016
Earnings Per Share [Abstract]  
Earnings per Share
Earnings per Share
The following table sets forth the computation of net income per common share and net income per common share – assuming dilution under the two-class method.
 
Three Months Ended January 31,
 
Nine Months Ended January 31,
 
2016
 
2015
 
2016
 
2015
Net income
$
185.3

 
$
160.9

 
$
497.7

 
$
435.2

Less: Net income allocated to participating securities
0.8

 
1.0

 
2.2

 
2.9

Net income allocated to common stockholders
$
184.5

 
$
159.9

 
$
495.5

 
$
432.3

Weighted-average common shares outstanding
119,167,720

 
101,190,896

 
119,138,552

 
101,114,223

Add: Dilutive effect of stock options
52,585

 
675

 
25,356

 
4,132

Weighted-average common shares outstanding – assuming dilution
119,220,305

 
101,191,571

 
119,163,908

 
101,118,355

Net income per common share
$
1.55

 
$
1.58

 
$
4.16

 
$
4.28

Net income per common share – assuming dilution
$
1.55

 
$
1.58

 
$
4.16

 
$
4.28