v3.25.0.1
Earnings (Loss) Per Common Share
 9 Months Ended
Jan. 31, 2025
Earnings Per Share [Abstract]  
Earnings (Loss) Per Common Share Earnings (Loss) Per Common Share
The following table sets forth the computation of basic and diluted earnings (loss) per share of common stock:
Three Months Ended
January 31,		Nine Months Ended
January 31,
2025202420252024
(in thousands, except per share data)
Net income (loss)$(21,409)$51,905 $89,375 $219,692 
Basic earnings (loss) per common share:
Basic weighted average common shares outstanding38,708 39,864 39,125 40,360 
Basic earnings (loss) per common share$(0.55)$1.30 $2.28 $5.44 
Diluted earnings (loss) per common share:
Basic weighted average common shares outstanding38,708 39,864 39,125 40,360 
Add: Common Stock Equivalents— 648 602 666 
Diluted weighted average common shares outstanding38,708 40,512 39,727 41,026 
Diluted earnings (loss) per common share$(0.55)$1.28 $2.25 $5.35 
For the three months ended January 31, 2025, 0.5 million Common Stock Equivalents were excluded from the calculation of diluted earnings per share because their effect would have been anti-dilutive. During the nine months ended January 31, 2025 and the three and nine months ended and January 31, 2024, the number of Common Stock Equivalents excluded from the calculation of diluted earnings per share because their effect would have been anti-dilutive was not material. Anti-dilutive securities could be dilutive in future periods.