XML 62 R16.htm IDEA: XBRL DOCUMENT
v3.20.1

Net Income per Common Share | 9 Months Ended
--- | ---
Apr. 30, 2020
Earnings Per Share [Abstract] |
Net Income per Common Share | Net Income 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 April 30, |  |  |  | Nine months ended April 30, |  |
| 2020 |  | 2019 |  | 2020 |  | 2019
Numerator (in thousands): |  |  |  |  |  |  |
Income (Numerator for basic and diluted income per Class A Nonvoting Common Share) | $ | 13,633 |  |  | $ | 34,781 |  |  | $ | 84,684 |  |  | $ | 94,645 |
Less: |  |  |  |  |  |  |
Preferential dividends | — |  |  | — |  |  | (828) |  |  | (815) |
Preferential dividends on dilutive stock options | — |  |  | — |  |  | (10) |  |  | (13) |
Numerator for basic and diluted income per Class B Voting Common Share | $ | 13,633 |  |  | $ | 34,781 |  |  | $ | 83,846 |  |  | $ | 93,817 |
Denominator: (in thousands) |  |  |  |  |  |  |
Denominator for basic income per share for both Class A and Class B | 52,607 |  |  | 52,766 |  |  | 53,023 |  |  | 52,499 |
Plus: Effect of dilutive equity awards | 365 |  |  | 714 |  |  | 489 |  |  | 716 |
Denominator for diluted income per share for both Class A and Class B | 52,972 |  |  | 53,480 |  |  | 53,512 |  |  | 53,215 |
Net income per Class A Nonvoting Common Share: |  |  |  |  |  |  |
Basic | $ | 0.26 |  |  | $ | 0.66 |  |  | $ | 1.60 |  |  | $ | 1.80 |
Diluted | $ | 0.26 |  |  | $ | 0.65 |  |  | $ | 1.58 |  |  | $ | 1.78 |
Net income per Class B Voting Common Share: |  |  |  |  |  |  |
Basic | $ | 0.26 |  |  | $ | 0.66 |  |  | $ | 1.58 |  |  | $ | 1.79 |
Diluted | $ | 0.26 |  |  | $ | 0.65 |  |  | $ | 1.57 |  |  | $ | 1.76 |
Stock-based awards to purchase 488,932 and 269,606 shares of Class A Nonvoting Common Stock for the three months ended April 30, 2020 and 2019, respectively, and 353,752 and 407,477 shares for the nine months ended April 30, 2020 and 2019, respectively, were not included in the computation of diluted net income per share because the effect would have been anti-dilutive.

X
- References No definition available. + 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration