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Reconciliation of Weighted Average Shares Outstanding
 3 Months Ended
Jul. 31, 2023
Earnings Per Share [Abstract]  
Reconciliation of Weighted Average Shares Outstanding Reconciliation of Weighted Average Shares Outstanding
A reconciliation of the shares used in the computation of loss per share follows (shares in thousands):
Three Months Ended
July 31,
20232022
Weighted average shares outstanding55,27055,736
Shares used for basic loss per share55,27055,736
Dilutive effect of unvested restricted stock units and other stock awards——
Shares used for diluted loss per share55,27055,736
Antidilutive options to purchase Class A common shares, restricted shares, and contingently issuable restricted stock which are excluded from the table above9991,211
In calculating diluted net loss per common share for the three months ended July 31, 2023 and 2022 our diluted weighted average number of common shares outstanding excludes the effect of unvested restricted stock units and other stock awards as the effect was anti-dilutive. This occurs when a net loss is reported and the effect of using dilutive shares is antidilutive.
The shares associated with performance-based stock awards (PSU) are considered contingently issuable shares and will be included in the diluted weighted average number of common shares outstanding when they have met the performance conditions, and when their effect is dilutive.