Note R – Stock Split

On January 27, 2012, the Company announced that its Board of Directors declared a two-for-one stock split effected in the form of a 100 percent stock dividend. The stock split will be distributed March 23, 2012, to shareholders of record as of March 2, 2012. The financial statements and related notes including share and per share information are presented before the effect of this stock dividend. Following is a table that presents proforma earnings per share and weighted average shares outstanding as if the stock split had occurred as of January 31, 2012.


	Three Months Ended January 31,				Six Months Ended January 31,
	2012		2011		2012		2011
Proforma weighted average shares - basic		150,106		155,160		150,310		154,750
Proforma weighted average shares - diluted		152,826		157,956		152,962		157,534
Net earnings as reported	$	53,821	$	44,579	$	122,374	$	97,713
Proforma net earnings per share - basic	$	0.36	$	0.29	$	0.81	$	0.63
Proforma net earnings per share - diluted	$	0.35	$	0.28	$	0.80	$	0.62