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Note H - Weighted Average Shares Outstanding
6 Months Ended
Oct. 31, 2011
Schedule of Weighted Average Number of Shares [Table Text Block] H – Weighted Average Shares Outstanding
Weighted average shares of common stock outstanding, which are used in the calculation of basic and diluted earnings per share, are as follows:

   
Three Months Ended:
   
Six Months Ended:
 
   
October 31,
   
October 31,
 
   
2011
   
2010
   
2011
   
2010
 
                         
Weighted average shares outstanding-basic
    9,776,817       10,892,177       10,024,088       11,057,977  
Dilutive options, warrants and restricted stock
    304,457       224,910       306,461       218,873  
                                 
Weighted average shares outstanding-diluted
    10,081,274       11,117,087       10,330,549       11,276,850  
                                 
Antidilutive securities not included:
                               
  Options and warrants
    25,000       580,000       25,000       580,000