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Earnings Per Common Share | 9 Months Ended
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Apr. 30, 2019
Earnings Per Share [Abstract] |
Earnings Per Common Share |
4. | Earnings Per Common Share
The following table reflects the weighted-average common shares used to compute basic and diluted earnings per common share as included on the Condensed Consolidated Statements of Income and Comprehensive Income:
|  | Three Months Ended April 30, |  |  | Nine Months Ended April 30, |
|  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
Weighted-average shares outstanding for basic earnings per share |  |  | 55,063,473 |  |  |  | 52,695,365 |  |  |  | 53,515,491 |  |  |  | 52,667,016 |
Unvested restricted stock units |  |  | 102,594 |  |  |  | 158,176 |  |  |  | 112,136 |  |  |  | 177,024 |
Weighted-average shares outstanding assuming dilution |  |  | 55,166,067 |  |  |  | 52,853,541 |  |  |  | 53,627,627 |  |  |  | 52,844,040 |
For the three and nine months ended April 30, 2019, the Company had 127,548 and 199,020 unvested restricted stock units outstanding, respectively, which were excluded from this calculation as their effect would be antidilutive. For both the three and nine months ended April 30, 2018, the Company did not have any unvested restricted stock units outstanding to exclude from this calculation as their effect would have been antidilutive.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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