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Net Income Per Share
 3 Months Ended
Oct. 31, 2013
Earnings Per Share [Abstract]  
Net Income Per Share
NOTE 6 - Net Income Per Share
 
The table below reconciles basic weighted shares outstanding to diluted weighted average shares outstanding (in thousands):
 
  
Three Months Ended October 31,
 
  
2013
  
2012
 
         
Basic weighted average shares outstanding
  125,460   124,302 
         
Effect of dilutive securities - stock options
  5,246   4,171 
         
Diluted weighted average shares outstanding
  130,706   128,473 
 
There were no material adjustments to net income required in calculating diluted net income per share. Excluded from the dilutive earnings per share calculation were 317,065 and 468,510 stock options for the three months ended October 31, 2013 and 2012, respectively, because their effect would have been anti-dilutive.