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SHARE BASED COMPENSATION (Tables) | 12 Months Ended
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Apr. 30, 2015
SHARE BASED COMPENSATION |
Compensation Expense Recognized | Total share-based compensation expense recognized in the consolidated financial statements for the three years ended April 30, 2015 for all share-based awards was as follows (in thousands):
|  | Year Ended April 30, |
|  | 2015 |  |  | 2014 |  |  | 2013 |
Share based compensation expense |  | $ | 2,215 |  |  | $ | 1,162 |  |  | $ | 45 |
Schedule of Restricted Share Awards Activity | The activity for the two years ended April 30, 2015 related to the Company’s restricted share awards was as follows. There was no activity related to restricted shares in fiscal year 2013.
|  | Shares |  |  | Wtd Avg Grant- Date Fair Value |
Unvested at April 30, 2013 |  |  | 0 |  |  | $ | n/a |
Granted |  |  | 104,855 |  |  |  | 8.72 |
Unvested at April 30, 2014 |  |  | 104,855 |  |  |  | 8.72 |
Granted |  |  | 107,536 |  |  |  | 7.17 |
Vested during year |  |  | (79,181 | ) |  |  | 8.72 |
Forfeited |  |  | (25,674 | ) |  |  | 8.72 |
Unvested at April 30, 2015 |  |  | 107,536 |  |  |  | 7.17 |

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- Definition Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 14.F) -URI http://asc.fasb.org/extlink&oid=27013229&loc=d3e301413-122809 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 14 -Section F + Details
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- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
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