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Net Income Per Share
 3 Months Ended
Oct. 31, 2021
Earnings Per Share [Abstract]  
Net Income Per Share 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)20212020
Weighted average common shares outstanding237,068 235,791 
Effect of dilutive securities4,153 4,177 
Weighted average common and dilutive potential common shares outstanding
241,221 239,968 
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 55,250 and 1,350,000 options to purchase the Company’s common stock for the three months ended October 31, 2021 and 2020, respectively, because their inclusion would have been anti-dilutive.