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NET INCOME PER SHARE

12 Months Ended

Apr. 28, 2019

19.	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 are as follows:

(in thousands)	2019		2018		2017
weighted-average common shares outstanding, basic		12,462		12,431		12,312
dilutive effect of stock-based compensation		86		202		206
weighted-average common shares outstanding, diluted		12,548		12,633		12,518

At April 28, 2019 and April 29, 2018, there were no options to purchase shares of our

common stock. Therefore

, options to purchase shares of our common stock were not included in the computation of diluted net income for fiscal 2019. All options to purchase shares of common stock were included in the computation of diluted net income for fiscal years 2018 and 2017, as the exercise price of the options was less than the average market price of common shares.