v3.26.1
Earnings per Share
 9 Months Ended
Jan. 31, 2026
Income Per Share of Common Stock  
Earnings per Share

Note 4: Earnings per Share

 

Basic and diluted earnings per share, assuming convertible preferred stock was converted for each period presented, are:

 

   For the three months ended January 31, 2026 
   Income   Shares   Per-Share 
   (Numerator)   (Denominator)   Amount 
Net income  $2,480,000           
Basic EPS  $2,480,000    4,889,160   $.51 
Effect of dilutive Convertible Preferred Stock   —    21,195    — 
Diluted EPS  $2,480,000    4,910,355   $.51 

 

   For the three months ended January 31, 2025 
   Income   Shares   Per-Share 
   (Numerator)   (Denominator)   Amount 
Net income  $1,607,000           
Basic EPS  $1,607,000    4,895,382   $.33 
Effect of dilutive Convertible Preferred Stock   —    20,500    — 
Diluted EPS  $1,607,000    4,915,882   $.33 

 

   For the nine months ended January 31, 2026 
   Income   Shares   Per-Share 
   (Numerator)   (Denominator)   Amount 
Net income  $8,615,000           
Basic EPS  $8,615,000    4,890,785   $1.76 
Effect of dilutive Convertible Preferred Stock   —    21,195    (.01)
Diluted EPS  $8,615,000    4,911,980   $1.75 

 

   For the nine months ended January 31, 2025 
   Income   Shares   Per-Share 
   (Numerator)   (Denominator)   Amount 
Net income  $6,528,000           
Basic EPS  $6,528,000    4,896,281   $1.33 
Effect of dilutive Convertible Preferred Stock   —    20,500    — 
Diluted EPS  $6,528,000    4,916,781   $1.33