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Net Income Per Share | 3 Months Ended
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Oct. 31, 2018
Earnings Per Share [Abstract] |
Net Income Per Share | NOTE 6 – Net Income Per Share The table below reconciles basic weighted average shares outstanding to diluted weighted average shares outstanding:
|  | Three Months Ended October 31,
(In thousands) |  | 2018 |  | 2017
Weighted average common shares outstanding |  | 233,888 |  |  | 230,694 |
Effect of dilutive securities - stock options |  | 10,938 |  |  | 8,097 |
Weighted average common and dilutive potential common shares outstanding |  | 244,826 |  |  | 238,791 |
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 35,000 and 2,190,504 options to purchase the Company’s common stock for the three months ended October 31, 2018 and 2017, respectively, because their inclusion would have been anti-dilutive.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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