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Net Income Per Common Share | 12 Months Ended
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Apr. 30, 2023
Earnings Per Share [Abstract] |
Net Income Per Common Share | NET INCOME PER COMMON SHARE Computations for basic and diluted earnings per common share are presented below:
| Years ended April 30,
| 2023 |  | 2022 |  | 2021
Basic |  |  |  |  |
Net income | $ | 446,691 |  |  | $ | 339,790 |  |  | $ | 312,900 |
Weighted average shares outstanding-basic | 37,266,851 |  |  | 37,158,898 |  |  | 37,092,273 |
Basic earnings per common share | $ | 11.99 |  |  | $ | 9.14 |  |  | $ | 8.44 |
Diluted |  |  |  |  |
Net income | $ | 446,691 |  |  | $ | 339,790 |  |  | $ | 312,900 |
Weighted-average shares outstanding-basic | 37,266,851 |  |  | 37,158,898 |  |  | 37,092,273 |
Plus effect of stock options and restricted stock units | 252,844 |  |  | 197,800 |  |  | 263,865 |
Weighted-average shares outstanding-diluted | 37,519,695 |  |  | 37,356,698 |  |  | 37,356,138 |
Diluted earnings per common share | $ | 11.91 |  |  | $ | 9.10 |  |  | $ | 8.38 |
There were no stock options outstanding at April 30, 2023 and 2022. In previous years, there were no stock options considered antidilutive; therefore, all stock options were included in the computation of dilutive earnings per share for fiscal 2021.

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