Net Income Per Share and Weighted Average Shares

12 Months Ended

Jul. 31, 2015

Net Income Per Share and Weighted Average Shares [Abstract]

Net Income Per Share and Weighted Average Shares

14.  Net Income Per Share and Weighted Average Shares

The following table reconciles the components of diluted earnings per share computations:

	2015		2014		2013
Net income per share numerator	$	163,903	$	132,128	$	117,265
Net income per share denominator:
Basic weighted average shares outstanding		23,918,368		23,817,768		23,708,875
Add potential dilution:
Stock options, nonvested stock awards and MSU Grants		130,556		148,247		239,446
Diluted weighted average shares outstanding		24,048,924		23,966,015		23,948,321