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Net Income Per Share
 6 Months Ended
Jan. 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:
Three Months Ended January 31,Six Months Ended January 31,
(In thousands)2024202320242023
Weighted average common shares outstanding960,525 952,752 959,326 952,474 
Effect of dilutive securities14,064 12,320 13,809 12,002 
Weighted average common and dilutive potential common shares outstanding
974,589 965,072 973,135 964,476 
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 1,006,147 and 6,183,408 options to purchase the Company’s common stock for the three months ended January 31, 2024 and 2023, respectively, and 1,306,147 and 12,494,596 options to purchase the Company’s common stock for the six months ended January 31, 2024 and 2023, respectively, because their inclusion would have been anti-dilutive.