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Earnings Per Share (Tables)
6 Months Ended
Jan. 31, 2018
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,
 
 
2018
 
2017
 
2018
 
2017
Numerator:
 
 
 
 
 
 
 
 
Net income for basic calculation
 
$
15,761,000

 
6,585,000

 
14,101,000

 
4,096,000

Numerator for diluted calculation
 
$
15,761,000

 
6,585,000

 
14,101,000

 
4,096,000

 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
Denominator for basic calculation
 
23,816,000

 
23,428,000

 
23,805,000

 
23,406,000

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Stock-based awards
 
137,000

 
17,000

 
137,000

 
21,000

Denominator for diluted calculation
 
23,953,000

 
23,445,000

 
23,942,000

 
23,427,000