Earnings Per Common Share

3 Months Ended

Oct. 31, 2016

4.	Earnings Per Common Share

The following table reflects the weighted-average common shares used to compute the basic and diluted earnings per common share as included on the Condensed Consolidated Statements of Income and Comprehensive Income:


	Three Months Ended October 31,
	2016		2015
Weighted-average common shares outstanding for basic earnings per common share		52,503,966		52,409,945
Unvested restricted stock and restricted stock units		201,976		135,615

Weighted-average common shares outstanding for diluted earnings per common share		52,705,942		52,545,560

At October 31, 2016 and 2015, the Company had 52,098 and 48,119, respectively, of unvested restricted stock and restricted stock units outstanding which were excluded from this calculation as their effect would be antidilutive.