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Earnings Per Share | 12 Months Ended
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Apr. 30, 2015
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share The following table summarizes the computations of basic and diluted earnings per share:
| FISCAL YEARS ENDED APRIL 30
(in thousands, except per share amounts) | 2015 |  | 2014 |  | 2013
Numerator used in basic and diluted earnings per common share: |  |  |  |  |
Net income | $ | 35,499 |  |  | $ | 20,461 |  |  | $ | 9,758 |
Denominator: |  |  |  |  |
Denominator for basic earnings per common share - |  |  |  |  |
weighted-average shares | 15,764 |  |  | 15,299 |  |  | 14,563 |
Effect of dilutive securities: |  |  |  |  |
Stock options and restricted stock units | 273 |  |  | 354 |  |  | 270 |
Denominator for diluted earnings per common share - |  |  |  |  |
weighted-average shares and assumed conversions | 16,037 |  |  | 15,653 |  |  | 14,833 |
Net earnings per share |  |  |  |  |
Basic | $ | 2.25 |  |  | $ | 1.34 |  |  | $ | 0.67 |
Diluted | $ | 2.21 |  |  | $ | 1.31 |  |  | $ | 0.66 |
Potentially dilutive shares of 0.1 million, 0.1 million and 1.0 million issuable under the Company’s stock incentive plans have been excluded from the calculation of net earnings per share for the fiscal years ended April 30, 2015, 2014 and 2013, respectively, as the effect would be anti-dilutive.

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