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Earnings Per Share
3 Months Ended
Jul. 31, 2024
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 no antidilutive RSUs and options outstanding at July 31, 2024. There were 33,700 antidilutive RSUs and options outstanding at July 31, 2023. The following is a reconciliation of basic to diluted weighted average common shares outstanding (in thousands):
Three Months Ended
July 31, 2024July 31, 2023
Basic2,849 2,860 
Dilutive effect of stock options and RSUs118 25 
Weighted average common shares outstanding - diluted2,967 2,885