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Note H - Weighted Average Shares Outstanding

6 Months Ended

Oct. 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 October 31,								Six Months Ended October 31,
		2018				2017				2018				2017
Weighted average shares outstanding-basic			6,865,060				7,354,499				6,894,547				7,451,673
Dilutive options and restricted stock			267,157				200,527				234,904				209,995
Weighted average shares outstanding-diluted			7,132,217				7,555,026				7,129,451				7,661,668
Antidilutive securities not included:
Options			-				314,750				60,000				326,250
Restricted stock			-				-				-				17,000

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- Definition

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