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Net Income Per Share
 6 Months Ended
Jan. 31, 2022
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 January 31,Six Months Ended January 31,
(In thousands)2022202120222021
Weighted average common shares outstanding237,186 236,152 237,167 235,971 
Effect of dilutive securities4,001 4,128 4,077 4,153 
Weighted average common and dilutive potential common shares outstanding
241,187 240,280 241,244 240,124 
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 150,250 and 550,000 options to purchase the Company’s common stock for the three months ended January 31, 2022 and 2021, respectively, and 205,500 and 1,900,000 options to purchase the Company’s common stock for six months ended January 31, 2022 and 2021, respectively, because their inclusion would have been anti-dilutive.