EARNINGS PER SHARE

9 Months Ended

Apr. 30, 2016

The following is a reconciliation of the basic and diluted number of shares used in computing earnings per share (in thousands):



	Three months ended		Nine months ended
	April 30, 2016	May 2, 2015	April 30, 2016	May 2, 2015
Basic weighted average shares outstanding	50,350	50,079	50,290	49,998
Net effect of dilutive stock awards based upon the treasury stock method	29	269	70	248
Diluted weighted average shares outstanding	50,379	50,348	50,360	50,246

There were 146,844 and 241 anti-dilutive share-based awards outstanding for the three months ended April 30, 2016 and May 2, 2015, respectively. For the nine months ended April 30, 2016 and May 2, 2015, there were 100,048 and 5,250 anti-dilutive share-based awards outstanding, respectively. These anti-dilutive share-based awards were excluded from the calculation of diluted earnings per share.