Earnings Per Common Share

9 Months Ended

Apr. 30, 2022

The following table reflects the weighted-average common shares used to compute basic and diluted earnings per common share as included on the Condensed Consolidated Statements of Income and Comprehensive Income:


	Three Months Ended April 30,		Nine Months Ended April 30,
	2022	2021	2022	2021
Weighted-average common shares outstanding for basic earnings per share	54,906,356	55,366,241	55,278,320	55,323,080
Unvested restricted and performance stock units	162,427	357,137	228,703	292,027
Weighted-average common shares outstanding assuming dilution	55,068,783	55,723,378	55,507,023	55,615,107

For the three months ended April 30, 2022 and 2021, the Company had 211,348 and 86,946 unvested restricted stock units and performance stock units outstanding, respectively, which were excluded from this calculation as their effect would be antidilutive. For the nine months ended April 30, 2022 and 2021, the Company had 159,077 and 81,557 unvested restricted stock units and performance stock units outstanding, respectively, which were excluded from this calculation as their effect would have been antidilutive.