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Net Income Per Share
 6 Months Ended
Oct. 27, 2013
Net Income Per Share
12.  Net Income Per Share

Basic net income per share is computed using the weighted-average number of shares outstanding during the period.  Diluted net income per share uses the weighted-average number of shares outstanding during the period plus the dilutive effect of stock-based compensation calculated using the treasury stock method.  Weighted average shares used in the computation of basic and diluted net income per share follows:
 
   
Three months ended
  
(amounts in thousands)
  
October 27, 2013
  
October 28, 2012
Weighted average common shares outstanding, basic
     12,183       12,191  
Dilutive effect of stock-based compensation
     206       157  
Weighted average common shares outstanding, diluted
     12,389       12,348  

All options to purchase shares of common stock were included in the computation of diluted net income for the three months ended October 27, 2013, as the exercise prices of the options were less that the average market price of the common shares. Options to purchase 2,000 shares of common stock were not included in the computation of diluted net income per share for the three months ended October 28, 2012, as the exercise price of the options was greater than the average market price of the common shares.

The computations of basic net income per share did not include 61,667 and 123,335 shares of time vested restricted common stock as these shares were unvested for the three months ending October 27, 2013 and October 28, 2012, respectively.

   
Six months ended
  
(amounts in thousands)
  
October 27, 2013
  
October 28, 2012
Weighted average common shares outstanding, basic
     12,165       12,371  
Dilutive effect of stock-based compensation
     226       170  
Weighted average common shares outstanding, diluted
     12,391       12,541  

All options to purchase shares of common stock were included in the computation of diluted net income for the six months ended October 27, 2013, as the exercise prices of the options were less that the average market price of the common shares. Options to purchase 2,000 shares of common stock were not included in the computation of diluted net income per share for the six months ended October 28, 2012, as the exercise price of the options was greater than the average market price of the common shares.
 
The computations of basic net income per share did not include 61,667 and 123,335 shares of time vested restricted common stock as these shares were unvested for the six months ending October 27, 2013 and October 28, 2012, respectively.