Earnings Per Share (Tables)

6 Months Ended

Jan. 31, 2017

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 January 31,			Six months ended January 31,
	2017		2016	2017	2016
Numerator:
Net income for basic calculation	$	6,585,000	2,476,000	4,096,000	3,915,000
Numerator for diluted calculation	$	6,585,000	2,476,000	4,096,000	3,915,000
Denominator:
Denominator for basic calculation	23,428,000		16,186,000	23,406,000	16,178,000
Effect of dilutive securities:
Stock-based awards	17,000		19,000	21,000	23,000
Denominator for diluted calculation	23,445,000		16,205,000	23,427,000	16,201,000