Net income per share (Tables)

12 Months Ended

Jul. 31, 2016

Computation of Basic and Diluted Net Income Per Share

The following table sets forth the computation of basic and diluted net income per share for fiscal years 2016, 2015 and 2014:

	For the Year ended July 31,
(in millions, except per share data and share data in thousands)	2016		2015		2014
Net income	$	12.1	$	33.5	$	34.5
Weighted average number of common shares outstanding-basic		12,402		12,407		12,404
Effect of dilutive securities:
Stock options and restricted stock units		213		199		263
Weighted average number of common shares outstanding-diluted		12,615		12,606		12,667
Basic net income per share	$	0.98	$	2.70	$	2.78
Diluted net income per share	$	0.96	$	2.66	$	2.72
Anti-dilutive shares related to outstanding stock options and unvested restricted stock (A)		5		176		118

(A) These shares related to outstanding stock options and unvested restricted stock were not included in our calculations of diluted earnings per share, as the effect of including them would be anti-dilutive.