Description of Business and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jul. 31, 2023

Accounting Policies [Abstract]

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

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

Year ended July 31 (in thousands)	2023		2022		2021
Basic weighted-average number of shares		25,517		25,791		25,495
Effect of dilutive securities:
Stock options		9		434		229
Non-vested restricted Class B common stock		51		131		329
Diluted weighted-average number of shares		25,577		26,356		26,053

Schedule of Outstanding Stock Options Excluded from the Calculation of Diluted Earnings Per Share

The following outstanding stock options were excluded from the calculation of diluted earnings per share because the exercise prices of the stock options were greater than the average market price of the Company’s stock during the period:

Year ended July 31 (in thousands)	2023		2022		2021
Shares excluded from the calculation of diluted earnings per share		—		—		535

Schedule of Changes In Allowance and Reserves Deducted From Asset Accounts

The changes in the allowance and reserves deducted from asset accounts is as follows:

Year ended July 31 (in thousands)	Balance at beginning of year		Additions charged to costs and expenses		Deductions (1)			Balance at end of year
2023
Deducted from asset accounts:
Allowance for doubtful accounts	$	5,328	$	1,578	$	(1,264	)	$	5,642
Reserve for losses on settlement assets		554		620		(31	)		1,143
Total	$	5,882	$	2,198	$	(1,295	)	$	6,785
2022
Deducted from asset accounts:
Allowance for doubtful accounts	$	4,129	$	1,982	$	(783	)	$	5,328
Reserve for losses on settlement assets		309		348		(103	)		554
Total	$	4,438	$	2,330	$	(886	)	$	5,882
2021
Deducted from asset accounts:
Allowance for doubtful accounts	$	5,540	$	1,765	$	(3,176	)	$	4,129
Reserve for losses on settlement assets		545		17		(253	)		309
Total	$	6,085	$	1,782	$	(3,429	)	$	4,438

(1) Primarily uncollectible accounts written off, net of recoveries.