Net Income per Common Share (Tables)

12 Months Ended

Jul. 31, 2025

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:

	Years ended July 31,
	2025		2024		2023
Numerator (in thousands):
Net Income (Numerator for basic and diluted income per Class A Nonvoting Common Share)	$	189,256	$	197,215	$	174,857
Less:
Preferential dividends	(736)		(748)		(769)
Preferential dividends on dilutive stock options	(8)		(5)		(3)
Numerator for basic and diluted income per Class B Voting Common Share	$	188,512	$	196,462	$	174,085
Denominator (in thousands):
Denominator for basic income per share for both Class A and Class B	47,641		48,119		49,591
Plus: Effect of dilutive equity awards	451		377		278
Denominator for diluted income per share for both Class A and Class B	48,092		48,496		49,869
Net income per Class A Nonvoting Common Share:
Basic	$	3.97	$	4.10	$	3.53
Diluted	$	3.94	$	4.07	$	3.51
Net income per Class B Voting Common Share:
Basic	$	3.96	$	4.08	$	3.51
Diluted	$	3.92	$	4.05	$	3.49