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Earnings (Loss) Per Share | 12 Months Ended
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Apr. 30, 2014
Earnings (Loss) Per Share [Abstract] |
Earnings (Loss) Per Share | Note F -- Earnings (Loss) Per Share The following table summarizes the computations of basic and diluted earnings (loss) per share:
|  | FISCAL YEARS ENDED APRIL 30
(in thousands, except per share amounts) |  | 2014 |  |  | 2013 |  |  | 2012
Numerator used in basic and diluted earnings (loss) per common share: |  |  |  |  |  |  |  |
Net income (loss) | $ | 20,461 |  | $ | 9,758 |  | $ | (20,786)
Denominator: |  |  |  |  |  |  |  |
Denominator for basic earnings (loss) per common share - |  |  |  |  |  |  |  |
weighted-average shares |  | 15,299 |  |  | 14,563 |  |  | 14,344
Effect of dilutive securities: |  |  |  |  |  |  |  |
Stock options and restricted stock units |  | 354 |  |  | 270 |  |  | 0
Denominator for diluted earnings (loss) per common share - |  |  |  |  |  |  |  |
weighted-average shares and assumed conversions |  | 15,653 |  |  | 14,833 |  |  | 14,344
Net earnings (loss) per share |  |  |  |  |  |  |  |
Basic | $ | 1.34 |  | $ | 0.67 |  | $ | (1.45)
Diluted | $ | 1.31 |  | $ | 0.66 |  | $ | (1.45)
Potentiall y dilutive shares of 0.1 million, 1.0 million and 1.8 million issuable under the Company’s stock incentive plans have been excluded from the calculation of net earnings (loss) per share for the fiscal years ended April 30, 201 4, 201 3 and 201 2, respectively, as the effect would be anti-dilutive.

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