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Note H - Weighted Average Shares Outstanding

9 Months Ended

Jan. 31, 2018

Notes to Financial Statements

Weighted Average Shares Outstanding [Text Block]

H – Weighted Average Shares Outstanding

Weighted average shares of common stock outstanding used in the calculation of basic and diluted earnings per share were as follows:

		Three Months Ended January 31,								Nine Months Ended January 31,
		2018				2017				2018				2017
Weighted average shares outstanding-basic			7,106,715				7,893,737				7,336,687				7,891,908
Dilutive options and restricted stock			238,712				282,017				219,568				274,023
Weighted average shares outstanding-diluted			7,345,427				8,175,754				7,556,255				8,165,931
Antidilutive securities not included:
Options			270,750				327,750				307,750				360,500
Restricted stock			-				-				11,333				6,333

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