XML 61 R10.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Net Income per Common Share | 6 Months Ended
--- | ---
Jan. 31, 2015
Earnings Per Share [Abstract] |
Net Income per Common Share | Net Earnings per Common Share Reconciliations of the numerator and denominator of the basic and diluted per share computations for the Company’s Class A and Class B common stock are summarized as follows:
| Three months ended January 31, |  | Six months ended January 31,
| 2015 |  | 2014 |  | 2015 |  | 2014
Numerator: (in thousands) |  |  |  |  |  |  |
Earnings from continuing operations | $ | 11,584 |  |  | $ | 10,517 |  |  | $ | 27,083 |  |  | $ | 28,652 |
Less: |  |  |  |  |  |  |
Restricted stock dividends | — |  |  | (16 | ) |  | — |  |  | (61 | )
Numerator for basic and diluted earnings from continuing operations per Class A Nonvoting Common Share | $ | 11,584 |  |  | $ | 10,501 |  |  | $ | 27,083 |  |  | $ | 28,591 |
Less: |  |  |  |  |  |  |
Preferential dividends | — |  |  | — |  |  | (794 | ) |  | (813 | )
Preferential dividends on dilutive stock options | — |  |  | — |  |  | (1 | ) |  | (6 | )
Numerator for basic and diluted earnings from continuing operations per Class B Voting Common Share | $ | 11,584 |  |  | $ | 10,501 |  |  | $ | 26,288 |  |  | $ | 27,772 |
Denominator: (in thousands) |  |  |  |  |  |  |
Denominator for basic earnings from continuing operations per share for both Class A and Class B | 51,272 |  |  | 52,208 |  |  | 51,262 |  |  | 52,140 |
Plus: Effect of dilutive stock options | 76 |  |  | 286 |  |  | 68 |  |  | 317 |
Denominator for diluted earnings from continuing operations per share for both Class A and Class B | 51,348 |  |  | 52,494 |  |  | 51,330 |  |  | 52,457 |
Earnings from continuing operations per Class A Nonvoting Common Share: |  |  |  |  |  |  |
Basic | $ | 0.23 |  |  | $ | 0.20 |  |  | $ | 0.53 |  |  | $ | 0.55 |
Diluted | $ | 0.23 |  |  | $ | 0.20 |  |  | $ | 0.53 |  |  | $ | 0.55 |
Earnings from continuing operations per Class B Voting Common Share: |  |  |  |  |  |  |
Basic | $ | 0.23 |  |  | $ | 0.20 |  |  | $ | 0.51 |  |  | $ | 0.53 |
Diluted | $ | 0.23 |  |  | $ | 0.20 |  |  | $ | 0.51 |  |  | $ | 0.53 |
(Loss) earnings from discontinued operations per Class A Nonvoting Common Share: |  |  |  |  |  |  |
Basic | $ | — |  |  | $ | 0.11 |  |  | $ | (0.04 | ) |  | $ | 0.22 |
Diluted | $ | — |  |  | $ | 0.11 |  |  | $ | (0.04 | ) |  | $ | 0.22 |
(Loss) earnings from discontinued operations per Class B Voting Common Share: |  |  |  |  |  |  |
Basic | $ | — |  |  | $ | 0.11 |  |  | $ | (0.03 | ) |  | $ | 0.23 |
Diluted | $ | — |  |  | $ | 0.11 |  |  | $ | (0.04 | ) |  | $ | 0.22 |
Net earnings per Class A Nonvoting Common Share: |  |  |  |  |  |  |
Basic | $ | 0.23 |  |  | $ | 0.31 |  |  | $ | 0.49 |  |  | $ | 0.77 |
Diluted | $ | 0.23 |  |  | $ | 0.31 |  |  | $ | 0.49 |  |  | $ | 0.77 |
Net earnings per Class B Voting Common Share: |  |  |  |  |  |  |
Basic | $ | 0.23 |  |  | $ | 0.31 |  |  | $ | 0.48 |  |  | $ | 0.76 |
Diluted | $ | 0.23 |  |  | $ | 0.31 |  |  | $ | 0.47 |  |  | $ | 0.75 |
Options to purchase approximately 3,860,000 and 2,537,000 shares of Class A Nonvoting Common Stock for the three months ended January 31, 2015 and 2014, respectively, and 3,878,000 and 2,521,000 shares for the six months ended January 31, 2015 and 2014, respectively, were not included in the computation of diluted net earnings or loss per share because the option exercise price was greater than the average market price of the common shares and, therefore, the effect would have been anti-dilutive.

X
- Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration