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Earnings Per Share | 3 Months Ended
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Oct. 31, 2021
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share Basic net earnings per share is computed by dividing net earnings by the weighted average number of outstanding common shares. 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 other stock incentive plans. Basic and diluted net earnings per share calculations were as follows (in millions, except per share amounts):
| Three Months Ended October 31, |  |
| 2021 |  | 2020 |  |  |  |
Net earnings | $ | 77.1 |  |  | $ | 61.9 |  |  |  |  |
Weighted average common shares outstanding |  |  |  |  |  |  |
Weighted average common shares – basic | 124.4 |  |  | 126.8 |  |  |  |  |
Dilutive impact of stock-based awards | 1.9 |  |  | 1.2 |  |  |  |  |
Weighted average common shares – diluted | 126.3 |  |  | 128.0 |  |  |  |  |
Net earnings per share – basic | $ | 0.62 |  |  | $ | 0.49 |  |  |  |  |
Net earnings per share – diluted | $ | 0.61 |  |  | $ | 0.48 |  |  |  |  |
Stock options excluded from net earnings per share calculation | — |  |  | 1.7 |  |  |  |  |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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