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Net Income Per Share
 9 Months Ended
Apr. 30, 2025
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 April 30,Nine Months Ended April 30,
(In thousands)2025202420252024
Weighted average common shares outstanding966,234 961,813 964,702 960,143 
Effect of dilutive securities11,855 14,632 12,783 14,083 
Weighted average common and dilutive potential common shares outstanding
978,089 976,445 977,485 974,226 
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 1,125,915 and 631,147 options to purchase the Company’s common stock and restricted stock for the three months ended April 30, 2025 and 2024, respectively, and 3,366,467 and 1,937,294 options to purchase the Company’s common stock and restricted stock for the nine months ended April 30, 2025 and 2024, respectively, because their inclusion would have been anti-dilutive.