Earnings Per Common Share

3 Months Ended

Oct. 31, 2018

3.	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,
	2018		2017
Weighted-average shares outstanding for basic earnings per share		52,726,496		52,611,926
Unvested restricted stock units		173,107		206,437

Weighted-average shares outstanding assuming dilution		52,899,603		52,818,363

At October 31, 2018 and 2017, the Company had 152,279 and 46,692 unvested restricted stock units outstanding, respectively, which were excluded from this calculation as their effect would be antidilutive.