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Net Income Per Share
 9 Months Ended
Apr. 30, 2014
Net Income 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:
 
   
Three Months Ended April 30,
    
Nine Months Ended April 30,
  
(In thousands)
  
2014
    
2013
    
2014
    
2013
  
Weighted average common shares oustanding
     125,794       125,270       125,604       124,755  
Effect of dilutive securities - stock options
     5,692       5,260       5,491       4,747  
Weighted average common and dilutive potential common shares outstanding
     131,486       130,530       131,095       129,502  
 
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 4,973,398 and 209,914 shares, and 3,240,098 and 308,641 shares for the three and nine months ended April 30, 2014 and 2013, respectively, because their inclusion would have been anti-dilutive.