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Note H - Weighted Average Shares Outstanding

9 Months Ended

Jan. 31, 2012

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:								Nine Months Ended:
		January 31,								January 31,
		2012				2011				2012				2011
Weighted average shares outstanding-basic			9,610,125				10,758,269				9,886,100				10,958,074
Dilutive options and restricted stock			388,165				241,106				333,696				226,285
Weighted average shares outstanding-diluted			9,998,290				10,999,375				10,219,796				11,184,359
Antidilutive securities not included:
Options			35,000				580,000				28,333				580,000

X

- Definition

Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Topic 260

-SubTopic 10

-Publisher FASB

-Number

-Article

-Subparagraph

-Name Accounting Standards Codification

-Paragraph 1

-Section 50

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

+ Details

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