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Net Income Per Share | 9 Months Ended
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Apr. 30, 2026
Earnings Per Share [Abstract] |
Net Income Per Share | NOTE 4 – 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) |  | 2026 |  |  | 2025 |  |  | 2026 |  |  | 2025 |
Weighted average common shares outstanding |  |  | 936,293 |  |  |  | 966,234 |  |  |  | 957,280 |  |  |  | 964,702 |
Effect of dilutive securities |  |  | 6,477 |  |  |  | 11,855 |  |  |  | 7,935 |  |  |  | 12,783 |
Weighted average common and dilutive potential common shares outstanding |  |  | 942,770 |  |  |  | 978,089 |  |  |  | 965,215 |  |  |  | 977,485 |
Ther e 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 3,461,086 and 1,125,915 options to purchase the Company’s common stock and restricted stock for the three months ended April 30, 2026 and 2025, respectively, and 8,203,775 and 3,366,467 options to purchase the Company’s common stock and restricted stock for the nine months ended April 30, 2026 and 2025, respectively, because their inclusion would have been anti-dilutive.

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