Earnings Per Share (Tables)

6 Months Ended

Jan. 31, 2020

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,
	2020		2019	2020		2019
Numerator:
Net income for basic calculation	$	3,495,000	7,826,000	$	9,883,000	11,294,000
Numerator for diluted calculation	$	3,495,000	7,826,000	$	9,883,000	11,294,000
Denominator:
Denominator for basic calculation	24,659,000		24,034,000	24,607,000		24,017,000
Effect of dilutive securities:
Stock-based awards	399,000		134,000	297,000		228,000
Denominator for diluted calculation	25,058,000		24,168,000	24,904,000		24,245,000