Net Income per Common Share (Tables)

9 Months Ended

Apr. 30, 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 April 30,				Nine months ended April 30,
	2025		2024		2025		2024
Numerator (in thousands):
Net income (Numerator for basic and diluted income per Class A Nonvoting Common Share)	$	52,263	$	50,890	$	139,380	$	141,759
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	$	52,263	$	50,890	$	138,636	$	141,006
Denominator (in thousands):
Denominator for basic income per share for both Class A and Class B	47,644		48,004		47,743		48,294
Plus: Effect of dilutive equity awards	422		382		453		346
Denominator for diluted income per share for both Class A and Class B	48,066		48,386		48,196		48,640
Net income per Class A Nonvoting Common Share:
Basic	$	1.10	$	1.06	$	2.92	$	2.94
Diluted	$	1.09	$	1.05	$	2.89	$	2.91
Net income per Class B Voting Common Share:
Basic	$	1.10	$	1.06	$	2.90	$	2.92
Diluted	$	1.09	$	1.05	$	2.88	$	2.90