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Net Income Per Share | 12 Months Ended
--- | ---
Jul. 31, 2013
Earnings Per Share [Abstract] |
Net Income Per Share |
(13) |  | Net Income Per Share
The table below reconciles weighted average shares outstanding to weighted average shares and dilutive potential share outstanding (in thousands):
|  |  |  | Years Ended July 31, |
--- | --- | --- | --- | --- | ---
|  |  |  | 2013 |  | 2012 |  | 2011
Weighted average common shares outstanding |  |  |  |  | 124,912 |  |  |  | 128,120 |  |  |  | 151,298 |
Effect of dilutive securities-stock options |  |  |  |  | 4,869 |  |  |  | 3,308 |  |  |  | 2,054 |
Diluted weighted average common shares outstanding |  |  |  |  | 129,781 |  |  |  | 131,428 |  |  |  | 153,352 |
There were no adjustments to net income required in calculating diluted net income per share. Excluded from the dilutive earnings per share calculation were 298,408, 2,208,047 and 5,107,978 options to purchase the Company’s common stock that were outstanding at July 31, 2013, 2012 and 2011, respectively, because their effect would have been anti-dilutive.

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