Earnings Per Share (Tables)

3 Months Ended

Oct. 31, 2015

Earnings Per Share [Abstract]

Schedule of numerators and denominators used in basic and diluted EPS calculations

The following table reconciles the numerators and denominators used in the basic and diluted EPS calculations:

	Three months ended October 31,
	2015		2014
Numerator:
Net income for basic calculation	$	1,439,000	5,225,000
Numerator for diluted calculation	$	1,439,000	5,225,000
Denominator:
Denominator for basic calculation	16,171,000		16,217,000
Effect of dilutive securities:
Stock-based awards	23,000		296,000
Denominator for diluted calculation	16,194,000		16,513,000