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Net Income Per Share
6 Months Ended
Oct. 29, 2017
Earnings Per Share [Abstract]  
Net Income Per Share
11.  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 29, 2017
October 30, 2016
Weighted average common shares outstanding, basic
12,440
12,308
Dilutive effect of stock-based compensation
140
199
Weighted average common shares outstanding, diluted
12,580
12,507
 
All options to purchase shares of common stock were included in the computation of diluted net income for the three months ended October 29, 2017 and October 30, 2016, as the exercise price of the options was less than the average market price of the common shares.

   
 
Six months ended
(amounts in thousands)
October 29, 2017
October 30, 2016
Weighted average common shares outstanding, basic
12,420
12,297
Dilutive effect of stock-based compensation
193
198
Weighted average common shares outstanding, diluted
12,613
12,495
 
All options to purchase shares of common stock were included in the computation of diluted net income for the six months ended October 29, 2017 and October 30, 2016, as the exercise price of the options was less than the average market price of the common shares.