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Net Income Per Share
 3 Months Ended
Oct. 31, 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 October 31,
(In thousands) 2014 2013
Weighted average common shares outstanding 126,217 125,460
Effect of dilutive securities - stock options 5,300 5,246
Weighted average common and dilutive
potential common shares outstanding		 131,517 130,706
 

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 5,111,371 and 317,065 shares for the three months ended October 31, 2014 and 2013, respectively, because their inclusion would have been anti-dilutive.