XML 21 R11.htm IDEA: XBRL DOCUMENT
v3.4.0.3

Net Earnings Per Share | 9 Months Ended
--- | ---
Apr. 30, 2016
Earnings Per Share [Abstract] |
Net Earnings Per Share | Net Earnings Per Share The Company’s basic net earnings per share is computed by dividing net earnings by the weighted average number of outstanding common shares. The Company’s diluted net earnings per share is computed by dividing net earnings by the weighted average number of outstanding common shares and common share equivalents relating to stock options and stock incentive plans. Certain outstanding options were excluded from the diluted net earnings per share calculations because their exercise prices were greater than the average market price of the Company’s common stock during those periods. For the three and nine months ended April 30, 2016, there were 3,219,019 options excluded from the diluted net earnings per share calculation. For the three and nine months ended April 30, 2015, there were 1,814,149 and 869,490, respectively, options excluded from the diluted net earnings per share calculation. Basic and diluted net earnings per share were calculated using the following (millions of dollars, except per share amounts):
| Three Months Ended April 30, |  | Nine Months Ended April 30,
| 2016 |  | 2015 |  | 2016 |  | 2015
Net earnings | $ | 54.8 |  |  | $ | 47.8 |  |  | $ | 131.3 |  |  | $ | 151.7 |
Weighted average common shares outstanding: |  |  |  |  |  |  |
Basic | 133.9 |  |  | 137.2 |  |  | 133.8 |  |  | 138.3 |
Dilutive impact of share based awards | 0.8 |  |  | 1.6 |  |  | 0.9 |  |  | 1.7 |
Diluted | 134.7 |  |  | 138.8 |  |  | 134.7 |  |  | 140.0 |
Basic net earnings per share | $ | 0.41 |  |  | $ | 0.35 |  |  | $ | 0.98 |  |  | $ | 1.10 |
Diluted net earnings per share | $ | 0.41 |  |  | $ | 0.34 |  |  | $ | 0.97 |  |  | $ | 1.08 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64863997&loc=d3e1278-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64863997&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=65016374&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration