Earnings Per Share (Tables)

6 Months Ended

Jan. 31, 2016

Earnings Per Share [Abstract]

Schedule of numerators and denominators used in basic and diluted EPS calculations

The following table reconciles the numerators and denominators used in the basic and diluted EPS calculations:

	Three months ended January 31,			Six months ended January 31,
	2016		2015	2016	2015
Numerator:
Net income for basic calculation	$	2,476,000	7,585,000	3,915,000	12,810,000
Numerator for diluted calculation	$	2,476,000	7,585,000	3,915,000	12,810,000
Denominator:
Denominator for basic calculation	16,186,000		16,241,000	16,178,000	16,229,000
Effect of dilutive securities:
Stock-based awards	19,000		264,000	23,000	281,000
Denominator for diluted calculation	16,205,000		16,505,000	16,201,000	16,510,000