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Note H - Weighted Average Shares Outstanding

3 Months Ended

Jul. 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 July 31,
		2018				2017
Weighted average shares outstanding-basic			6,924,035				7,548,846
Dilutive options and restricted stock			202,650				219,464
Weighted average shares outstanding-diluted			7,126,685				7,768,310
Antidilutive securities not included:
Options			120,000				337,750
Restricted stock			-				34,000

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- Definition

Disclosure of weighted average shares outstanding.

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