XML 22 R10.htm IDEA: XBRL DOCUMENT v3.21.2
Note 3 - Earnings Per Share ("EPS")
 3 Months Ended
Jul. 31, 2021
Notes to Financial Statements  
Earnings Per Share [Text Block]

Note 3. Earnings Per Share ("EPS")

 

The following is a reconciliation of the net income and common share amounts used in the calculation of basic and diluted EPS for the three months ended July 31, 2021 and August 1, 2020:

 

  

Net income

  

Shares

  

Per share income

 

For the three months ended July 31, 2021

            

Basic earnings per share

 $3,685   45,139  $0.08 

Dilution associated with stock compensation plans

  —   280   — 

Diluted earnings per share

 $3,685   45,419  $0.08 

For the three months ended August 1, 2020

            

Basic earnings per share

 $7,467   44,654  $0.17 

Dilution associated with stock compensation plans

  —   97   — 

Diluted earnings per share

 $7,467   44,751  $0.17 

 

Options outstanding to purchase 1,810 shares of common stock with a weighted average exercise price of $9.52 for the three months ended July 31, 2021 and 2,119 shares of common stock with a weighted average exercise price of $9.96 for the three months ended  August 1, 2020 were not included in the computation of diluted earnings per share because the effects would be anti-dilutive.