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EARNINGS PER SHARE (Tables)

6 Months Ended

Oct. 31, 2024

EARNINGS PER SHARE

Schedule of earnings per share - basic and diluted

The components of earnings per share – basic are as follows (amounts in thousands, except per share amounts):


		Three Months Ended						Six Months Ended
		October 31,						October 31,
		2024			2023			2024			2023
Numerator:
Net income		$	4,042		$	1,108		$	8,106		$	2,454

Denominator:
Weighted average number of common shares outstanding – basic			5,320			5,301			5,314			5,296

Earnings per share – basic		$	0.76		$	0.21		$	1.53		$	0.46

The components of earnings per share – diluted are as follows (amounts in thousands, except per share amounts):


		Three Months Ended						Six Months Ended
		October 31,						October 31,
		2024			2023			2024			2023
Numerator:
Net income		$	4,042		$	1,108		$	8,106		$	2,454
Denominator:
Weighted average number of common shares outstanding – basic			5,320			5,301			5,314			5,296
Dilutive effect of shares of restricted common stock			32			32			16			23
Dilutive effect of shares issuable upon the exercise of stock options that are in-the-money			22			6			37			14
Weighted average number of common shares outstanding – diluted			5,374			5,339			5,367			5,333

Earnings per share – diluted		$	0.75		$	0.21		$	1.51		$	0.46