XML 31 R20.htm IDEA: XBRL DOCUMENT v3.3.1.900
Net Income per Common Share (Tables)
 6 Months Ended
Jan. 31, 2016
Earnings Per Share [Abstract]  
Reconciliations of Numerator and Denominator of Basic and Diluted Per Share
Reconciliations of the numerator and denominator of the basic and diluted per share computations for the Company’s Class A and Class B common stock are summarized as follows:
 
Three months ended January 31,
 
Six months ended January 31,
 
2016
 
2015
 
2016
 
2015
Numerator: (in thousands)
 
 
 
 
 
 
 
Earnings from continuing operations
$
15,290

 
$
11,584

 
$
33,993

 
$
27,083

Less:
 
 
 
 
 
 
 
Preferential dividends
—

 
—

 
(783
)
 
(794
)
Preferential dividends on dilutive stock options
—

 
—

 
(1
)
 
(1
)
Numerator for basic and diluted earnings from continuing operations per Class B Voting Common Share
$
15,290

 
$
11,584

 
$
33,209

 
$
26,288

Denominator: (in thousands)
 
 
 
 
 
 
 
Denominator for basic earnings from continuing operations per share for both Class A and Class B
50,527

 
51,272

 
50,778

 
51,262

Plus: Effect of dilutive stock options
120

 
76

 
90

 
68

Denominator for diluted earnings from continuing operations per share for both Class A and Class B
50,647

 
51,348

 
50,868

 
51,330

Earnings from continuing operations per Class A Nonvoting Common Share:
 
 
 
 
 
 
 
Basic
$
0.30

 
$
0.23

 
$
0.67

 
$
0.53

Diluted
$
0.30

 
$
0.23

 
$
0.67

 
$
0.53

Earnings from continuing operations per Class B Voting Common Share:
 
 
 
 
 
 
 
Basic
$
0.30

 
$
0.23

 
$
0.65

 
$
0.51

Diluted
$
0.30

 
$
0.23

 
$
0.65

 
$
0.51

Loss from discontinued operations per Class A Nonvoting Common Share:
 
 
 
 
 
 
 
Basic
$
—

 
$
—

 
$
—

 
$
(0.04
)
Diluted
$
—

 
$
—

 
$
—

 
$
(0.04
)
Loss from discontinued operations per Class B Voting Common Share:
 
 
 
 
 
 
 
Basic
$
—

 
$
—

 
$
—

 
$
(0.03
)
Diluted
$
—

 
$
—

 
$
—

 
$
(0.04
)
Net earnings per Class A Nonvoting Common Share:
 
 
 
 
 
 
 
Basic
$
0.30

 
$
0.23

 
$
0.67

 
$
0.49

Diluted
$
0.30

 
$
0.23

 
$
0.67

 
$
0.49

Net earnings per Class B Voting Common Share:
 
 
 
 
 
 
 
Basic
$
0.30

 
$
0.23

 
$
0.65

 
$
0.48

Diluted
$
0.30

 
$
0.23

 
$
0.65

 
$
0.47