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Earnings per Share (Tables)
6 Months Ended
Oct. 31, 2012
Earnings Per Share [Abstract]  
Computation of earnings per common share

 

 

Three Months Ended October 31,

 

Six Months Ended October 31,

 

 

2012

 

2011

 

2012

 

2011

Computation of net income per common share:

 

 

 

 

 

 

 

 

         Net income

 

 $ 148,847

 

 $ 127,247

 

 $ 259,710

 

 $ 238,770

         Net income allocated to participating securities

 

1,299

 

1,297

 

2,253

 

2,424

Net income allocated to common stockholders

 

 $ 147,548

 

 $ 125,950

 

 $ 257,457

 

 $ 236,346

Weighted-average common shares outstanding

 

108,269,499

 

112,731,758

 

108,844,046

 

112,927,273

Net income per common share

 

 $ 1.36

 

 $ 1.12

 

 $ 2.37

 

 $ 2.09

 

Computation of earnings per common share - assuming dilution

 

Three Months Ended October 31,

 

Six Months Ended October 31,

 

 

2012

 

2011

 

2012

 

2011

Computation of net income per common share - assuming dilution:

 

 

 

 

 

 

 

 

         Net income

 

 $ 148,847

 

 $ 127,247

 

 $ 259,710

 

 $ 238,770

         Net income allocated to participating securities

 

1,299

 

1,297

 

2,253

 

2,423

Net income allocated to common stockholders

 

 $ 147,548

 

 $ 125,950

 

 $ 257,457

 

 $ 236,347

Weighted-average common shares outstanding

 

108,269,499

 

112,731,758

 

108,844,046

 

112,927,273

Dilutive effect of stock options

 

26,600

 

51,670

 

28,068

 

54,654

Weighted-average common shares outstanding - assuming dilution

 

108,296,099

 

112,783,428

 

108,872,114

 

112,981,927

Net income per common share - assuming dilution

 

 $ 1.36

 

 $ 1.12

 

 $ 2.36

 

 $ 2.09

 

Weighted-average common shares, basic and diluted

 

Three Months Ended October 31,

 

Six Months Ended October 31,

 

 

2012

 

2011

 

2012

 

2011

Weighted-average common shares outstanding

 

108,269,499

 

112,731,758

 

108,844,046

 

112,927,273

Weighted-average participating shares outstanding

 

                 955,356

 

              1,161,277

 

                 952,518

 

              1,158,018

Total weighted-average shares outstanding

 

          109,224,855

 

          113,893,035

 

          109,796,564

 

          114,085,291

Dilutive effect of stock options

 

                   26,600

 

                   51,670

 

                   28,068

 

                   54,654

Total weighted-average shares outstanding - assuming dilution

 

          109,251,455

 

          113,944,705

 

          109,824,632

 

          114,139,945