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Reconciliation of Weighted Average Shares Outstanding and Share Repurchases
9 Months Ended
Jan. 31, 2018
Reconciliation of Weighted Average Shares Outstanding and Share Repurchases [Abstract]  
Reconciliation of Weighted Average Shares Outstanding and Share Repurchases
5.
Reconciliation of Weighted Average Shares Outstanding and Share Repurchases

A reconciliation of the shares used in the computation of earnings per share follows:
 
  
Three Months
Ended January 31,
  
Nine Months
Ended January 31,
 
  
2018
  
2017
  
2018
  
2017
 
             
Weighted average shares outstanding
  
57,170
   
57,434
   
57,123
   
57,624
 
Less: Unvested restricted shares
  
(135
)
  
(210
)
  
(144
)
  
(219
)
Shares used for basic earnings per share
  
57,035
   
57,224
   
56,979
   
57,405
 
Dilutive effect of stock options and other stock awards
  
836
   
788
   
757
   
776
 
Shares used for diluted earnings per share
  
57,871
   
58,012
   
57,736
   
58,181
 
 
Since their inclusion in the calculation of diluted earnings per share would have been anti-dilutive, options to purchase 0.3 million shares of Class A Common Stock have been excluded for the nine months ended January 31, 2018 and 2017, respectively. There were no options excluded for the three months ended January 31, 2018 and 0.3 million options were excluded for the three months ended January 31, 2017.

In addition, for the nine months ended January 31, 2018 and 2017, less than 0.1 million unvested restricted shares have been excluded as their inclusion would have been antidilutive, respectively. There were no unvested restricted shares excluded for the three months ended January 31, 2018 and 0.1 million unvested restricted shares were excluded for the three months ended January 31, 2017.

During the three months ended January 31, 2018, the Company did not repurchase any shares of common stock. During the three months ended January 31, 2017, the Company repurchased 0.3 million shares of common stock at an average price of $55.14. During the nine months ended January 31, 2018 and 2017, the Company repurchased 0.6 million and 0.7 million shares of common stock at an average price of $53.12 and $52.74, respectively.