Quarterly Results (Tables)

12 Months Ended

Apr. 30, 2014

Schedule Of Unaudited Quarterly Information

The following table sets forth certain unaudited consolidated statement of income data for the quarters in fiscal 2014 and 2013. The unaudited quarterly information has been prepared on the same basis as the annual financial statements and, in management’s opinion, includes all adjustments necessary to present fairly the information for the quarters presented.


	Quarters Ended
	Fiscal 2014								Fiscal 2013
	April 30		January 31		October 31		July 31		April 30 (1)		January 31		October 31		July 31
	(in thousands, except per share data)
Fee revenue	$	251,712	$	242,184	$	237,968	$	228,437	$	227,902	$	202,004	$	196,231	$	186,694
Operating income	$	24,480	$	27,302	$	23,165	$	16,661	$	15,392	$	8,706	$	2,769	$	17,009
Net income	$	21,211	$	21,304	$	18,759	$	11,417	$	12,197	$	9,482	$	1,196	$	10,418
Net income per share:
Basic.	$	0.44	$	0.44	$	0.39	$	0.24	$	0.26	$	0.20	$	0.03	$	0.22
Diluted.	$	0.43	$	0.43	$	0.38	$	0.24	$	0.25	$	0.20	$	0.03	$	0.22

(1)

During the three months ended April 30, 2013, the Company implemented a restructuring plan to continue to integrate PDI in order to eliminate redundant positions and consolidate premises. This resulted in restructuring charges, net of recoveries of $2.9 million against operations during the three months ended April 30, 2013.