Earnings Per Common Share

6 Months Ended

Jan. 31, 2022

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 January 31,		Six Months Ended January 31,
	2022	2021	2022	2021
Weighted-average common shares outstanding for basic earnings per share	55,493,622	55,366,241	55,458,238	55,302,203
Unvested restricted and performance stock units	155,823	202,426	261,841	259,472
Weighted-average common shares outstanding assuming dilution	55,649,445	55,568,667	55,720,079	55,561,675

For the three months ended January 31, 2022 and 2021, the Company had 235,552 and 60,916 unvested restricted stock units and performance stock units outstanding, respectively, which were excluded from this calculation as their effect would be antidilutive. For the six months ended January 31, 2022 and 2021, the Company had 132,942 and 78,862 unvested restricted stock units and performance stock units outstanding, respectively, which were excluded from this calculation as their effect would have been antidilutive.