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EARNINGS PER SHARE (Tables)
6 Months Ended
Oct. 31, 2012
Earnings Per Share [Abstract]  
Reconciliation of Weighted Average Shares Outstanding for Basic and Diluted Earnings per Share

Reconciliation of the weighted average shares outstanding for basic and diluted Earnings Per Share are as follows:

 

  Six months  Three months 
  Periods ended October 31, 
  2012  2011  2012  2011 
Weighted average shares outstanding:                
Basic  8,389,942   8,311,679   8,401,636   8,318,874 
Effect of dilutive securities  183,594   228,386   201,385   222,028 
Diluted  8,573,536   8,540,065   8,603,021   8,540,902 
Computation Of Diluted Earnings Per Share

The number of excluded options and SARS were:

 

    Six months     Three months  
    Periods ended October 31,  
    2012     2011     2012     2011  
Outstanding options and SARS excluded     733,375       382,875       733,375       733,375