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Earnings Per Common Share | 9 Months Ended
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Apr. 30, 2014
Earnings Per Common Share |
5. | Earnings Per Common Share
|  | Three Months Ended April 30, |  |  | Nine Months Ended April 30, |
|  | 2014 |  |  | 2013 |  |  | 2014 |  |  | 2013 |
Weighted average common shares outstanding for basic earnings per share |  |  | 53,289,864 |  |  |  | 53,023,277 |  |  |  | 53,261,186 |  |  |  | 52,984,192 |
Stock options and unvested restricted stock and restricted stock units |  |  | 95,500 |  |  |  | 91,198 |  |  |  | 84,458 |  |  |  | 104,199 |
Weighted average common shares outstanding for diluted earnings per share |  |  | 53,385,364 |  |  |  | 53,114,475 |  |  |  | 53,345,644 |  |  |  | 53,088,391 |
The Company excludes stock options and unvested restricted stock and restricted stock units that have an antidilutive effect from its calculation of weighted average shares outstanding assuming dilution. At April 30, 2014 and 2013, the Company had 20,318 and 36,264, respectively, of antidilutive stock options and unvested restricted stock and restricted stock units outstanding which were excluded from this calculation.

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