Earnings Per Common Share

3 Months Ended

Oct. 31, 2021

Earnings Per Share [Abstract]

Earnings Per Common Share

Earnings Per Common Share

The following table reflects the weighted-average common shares used to compute basic and diluted earnings per common share as included on the Condensed Consolidated Statements of Income and Comprehensive Income:

	Three Months Ended October 31,
	2021	2020
Weighted-average common shares outstanding for basic earnings per share	55,422,854	55,238,164
Unvested restricted stock units and performance stock units	367,858	316,518
Weighted-average common shares outstanding assuming dilution	55,790,712	55,554,682

The Company excluded 30,333 and 96,809 unvested restricted stock units and performance stock units that have an antidilutive effect from its calculation of weighted average shares outstanding assuming dilution at October 31, 2021 and October 31, 2020, respectively.