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Net Income Per Share | 12 Months Ended
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Jul. 31, 2019
Earnings Per Share [Abstract] |
Net Income Per Share | 11 — Net Income Per Share The table below reconciles basic weighted shares outstanding to diluted weighted average shares outstanding:
|  | Year Ended July 31,
(In thousands) |  | 2019 |  | 2018 |  | 2017
Weighted average common shares outstanding |  | 230,489 |  |  | 231,793 |  |  | 228,686 |
Effect of dilutive securities — stock options |  | 9,964 |  |  | 10,084 |  |  | 8,333 |
Weighted average common and dilutive potential common shares outstanding |  | 240,453 |  |  | 241,877 |  |  | 237,019 |
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 3,045,000; 4,788,004; and 3,058,808 options to purchase the Company’s common stock for the years ended July 31, 2019, 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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