Earnings (Loss) Per Share (Tables)

9 Months Ended

Apr. 30, 2021

Earnings Per Share [Abstract]

Schedule of Weighted-average Number of Shares Used in Calculation of Basic and Diluted Earnings (Loss) Per Share

The weighted-average number of shares used in the calculation of basic and diluted earnings (loss) per share attributable to the Company’s common stockholders consists of the following:

	Three Months Ended April 30,				Nine Months Ended April 30,
	2021		2020		2021		2020
	(in thousands)
Basic weighted-average number of shares		25,530		26,371		25,475		26,323
Effect of dilutive securities:
Stock options		295		—		101		—
Non-vested restricted Class B common stock		311		135		327		—
Diluted weighted-average number of shares		26,136		26,506		25,903		26,323

Schedule of Shares Excluded from the Diluted Earnings (Loss) Per Share

The following shares were excluded from the calculation of diluted earnings (loss) per share:

	Three Months Ended April 30,				Nine Months Ended April 30,
	2021		2020		2021		2020
	(in thousands)
Stock options		—		1,126		713		1,126
Non-vested restricted Class B common stock		—		—		—		520
Shares excluded from the calculation of diluted earnings per share		—		1,126		713		1,646