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Net Income Per Share | 12 Months Ended
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Jul. 31, 2024
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:
|  | Year Ended July 31,
(In thousands) |  | 2024 |  | 2023 |  | 2022
Weighted average common shares outstanding |  | 960,739 |  |  | 953,574 |  |  | 949,676 |
Effect of dilutive securities |  | 14,059 |  |  | 13,073 |  |  | 14,928 |
Weighted average common and dilutive potential common shares outstanding |  | 974,798 |  |  | 966,647 |  |  | 964,604 |
There were no material adjustments to net income required in calculating diluted net income per share. Excluded from the dilutive net income per share calculation were 2,612,116; 8,333,268; and 14,891,048 options to purchase the Company’s common stock and restrictive stock for the years ended July 31, 2024, 2023 and 2022, respectively, because their inclusion would have been anti-dilutive.

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