Net Income per Common Share (Tables)

6 Months Ended

Jan. 31, 2025

Earnings Per Share [Abstract]

Schedule of the reconciliation of the numerator and denominator of Basic and Diluted Earnings 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,
	2025		2024		2025		2024
Numerator (in thousands):
Net income (Numerator for basic and diluted income per Class A Nonvoting Common Share)	$	40,334	$	43,628	$	87,117	$	90,869
Less:
Preferential dividends	—		—		(736)		(748)
Preferential dividends on dilutive stock options	—		—		(8)		(5)
Numerator for basic and diluted income per Class B Voting Common Share	$	40,334	$	43,628	$	86,373	$	90,116
Denominator (in thousands):
Denominator for basic income per share for both Class A and Class B	47,851		48,374		47,792		48,440
Plus: Effect of dilutive equity awards	455		351		469		328
Denominator for diluted income per share for both Class A and Class B	48,306		48,725		48,261		48,768
Net income per Class A Nonvoting Common Share:
Basic	$	0.84	$	0.90	$	1.82	$	1.88
Diluted	$	0.83	$	0.90	$	1.81	$	1.86
Net income per Class B Voting Common Share:
Basic	$	0.84	$	0.90	$	1.81	$	1.86
Diluted	$	0.83	$	0.90	$	1.79	$	1.85