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Note H - Weighted Average Shares Outstanding

6 Months Ended

Oct. 31, 2014

Weighted Average Shares Outstanding [Abstract]

Weighted Average Shares Outstanding [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 October 31,								Six Months Ended October 31,
		2014				2013				2014				2013
Weighted average shares outstanding-basic			8,604,003				9,016,820				8,660,173				9,018,524
Dilutive options and restricted stock			418,434				467,834				422,577				470,229
Weighted average shares outstanding-diluted			9,022,437				9,484,654				9,082,750				9,488,753
Antidilutive securities not included:
Options			89,000				80,000				79,500				70,000

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- Definition

Represents the entire disclosure of weighted average shares outstanding.

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