Earnings Per Common Share

3 Months Ended

Oct. 31, 2023

Earnings Per Share [Abstract]

Earnings Per Common Share

Earnings Per Common Share

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 October 31,
	2023	2022
Weighted-average common shares outstanding for basic earnings per share	53,295,835	53,656,415
Unvested restricted stock units and performance stock units	557,884	272,336
Weighted-average common shares outstanding assuming dilution	53,853,719	53,928,751

The Company excluded 51,298 and 204,441 unvested restricted stock units and performance stock units that have an antidilutive effect from its calculation of weighted-average common shares outstanding assuming dilution at October 31, 2023 and October 31, 2022, respectively.