XML 43 R53.htm IDEA: XBRL DOCUMENT v2.4.1.9
Earnings Per Common Share (Details) (USD $)
3 Months Ended 9 Months Ended
Apr. 30, 2015
Apr. 30, 2014
Apr. 30, 2015
Apr. 30, 2014
Numerator for basic and diluted earnings per share:        
Net income $ 12,356,000us-gaap_NetIncomeLoss $ 10,249,000us-gaap_NetIncomeLoss $ 34,680,000us-gaap_NetIncomeLoss $ 32,560,000us-gaap_NetIncomeLoss
Less income allocated to participating securities, basic (105,000)us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic (135,000)us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic (323,000)us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic (444,000)us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
Net income available to common shareholders, basic 12,251,000us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 10,114,000us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 34,357,000us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 32,116,000us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Less income allocated to participating securities, diluted (105,000)us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted (135,000)us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted (323,000)us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted (444,000)us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
Net income available to common shareholders, diluted $ 12,251,000us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted $ 10,114,000us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted $ 34,357,000us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted $ 32,116,000us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted
Denominator for basic and diluted earnings per share, as adjusted for participating securities:        
Denominator for basic earnings per share - weighted average number of shares outstanding attributable to common stock 41,187,720us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 40,813,778us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 41,114,830us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 40,716,018us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Dilutive effect of stock options using the treasury stock method and the average market price for the period (in shares) 60,837us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements 143,319us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements 68,479us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements 174,107us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
Denominator for diluted earnings per share - weighted average number of shares and common stock equivalents attributable to common stock 41,248,557us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 40,957,097us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 41,183,309us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 40,890,125us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Earnings per share attributable to common stock:        
Basic earnings per share (in dollars per share) $ 0.30us-gaap_EarningsPerShareBasic $ 0.25us-gaap_EarningsPerShareBasic $ 0.84us-gaap_EarningsPerShareBasic $ 0.79us-gaap_EarningsPerShareBasic
Diluted earnings per share (in dollars per share) $ 0.30us-gaap_EarningsPerShareDiluted $ 0.25us-gaap_EarningsPerShareDiluted $ 0.83us-gaap_EarningsPerShareDiluted $ 0.79us-gaap_EarningsPerShareDiluted
Stock options excluded from weighted average dilutive common shares outstanding because their inclusion would have been antidilutive (in shares)   30,000us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount