Earnings Per Common Share

3 Months Ended

Oct. 31, 2022

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,
	2022	2021
Weighted-average common shares outstanding for basic earnings per share	53,656,415	55,422,854
Unvested restricted stock units and performance stock units	272,336	367,858
Weighted-average common shares outstanding assuming dilution	53,928,751	55,790,712

The Company excluded 204,441 and 30,333 unvested restricted stock units and performance stock units that have an antidilutive effect from its calculation of weighted-average common shares outstanding assuming dilution at October 31, 2022 and October 31, 2021, respectively.