Earnings Per Share (Tables)

3 Months Ended

Oct. 31, 2019

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 October 31,
	2019		2018
Numerator:
Net income for basic calculation	$	6,388,000	3,468,000
Numerator for diluted calculation	$	6,388,000	3,468,000
Denominator:
Denominator for basic calculation	24,555,000		23,999,000
Effect of dilutive securities:
Stock-based awards	182,000		376,000
Denominator for diluted calculation	24,737,000		24,375,000