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Earnings Per Share
6 Months Ended
Oct. 31, 2019
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
Basic earnings per share is based on the weighted average number of common shares outstanding during the year. Diluted earnings per share reflects the assumed exercise of outstanding options and the conversion of restricted stock units (“RSUs”) under the Company’s various stock compensation plans, except when RSUs and options have an antidilutive effect. There were 85,205 antidilutive RSUs and options outstanding at October 31, 2019. There were no antidilutive RSUs or options outstanding at October 31, 2018. The following is a reconciliation of basic to diluted weighted average common shares outstanding (in thousands):
 
Three Months Ended October 31,
 
Six Months Ended October 31,
 
 
2019
2018
 
2019
2018
 
 
 
 
 
 
Basic
2,750

 
2,743

 
 
2,750

 
2,740

 
Dilutive effect of stock options and RSUs

 
57

 
 

 
62

 
Weighted average common shares outstanding - diluted
2,750

 
2,800

 
 
2,750

 
2,802