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Earnings Per Common Share | 3 Months Ended
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Oct. 31, 2014
Earnings Per Common Share |
5. | Earnings Per Common Share
|  | Three Months Ended October 31, |
|  | 2014 |  |  | 2013 |
Weighted average common shares outstanding for basic earnings per share |  |  | 53,336,592 |  |  |  | 53,205,004 |
Stock options, unvested restricted stock and restricted stock units |  |  | 96,855 |  |  |  | 94,472 |
Weighted average common shares outstanding for diluted earnings per share |  |  | 53,433,447 |  |  |  | 53,299,476 |
The Company excludes stock options, unvested restricted stock and restricted stock units that have an antidilutive effect from its calculation of weighted average shares outstanding assuming dilution. At October 31, 2014 and 2013, the Company had 39,523 and 106,959, respectively, of stock options, unvested restricted stock and restricted stock units outstanding which were excluded from this calculation as their effect would be antidilutive.

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