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Dividends
6 Months Ended
Jan. 31, 2018
Dividends [Abstract]  
Dividends

9. Dividends

Dividends of approximately $0.5 million ($0.03 per share) and $0.4 million ($0.03 per share) were declared and paid in the second quarter of fiscal years 2018 and 2017, respectively. Dividends of approximately $0.8 million ($0.06 per share) and $0.7 million ($0.06 per share) were declared and paid in the first six months of fiscal years 2018 and 2017, respectively. A dividend of $0.03 per share was approved by the Company’s board of directors on February 28, 2018 to be paid on March 19, 2018 to shareholders of record on March 12, 2018.