XML 31 R20.htm IDEA: XBRL DOCUMENT v3.8.0.1
Net Income per Common Share (Tables)
 6 Months Ended
Jan. 31, 2018
Earnings Per Share [Abstract]  
Reconciliations of Numerator and Denominator of Basic and Diluted Per Share
Reconciliations of the numerator and denominator of the basic and diluted per share computations for the Company’s Class A and Class B common stock are summarized as follows:
 
Three months ended January 31,
 
Six months ended January 31,
 
2018
 
2017
 
2018
 
2017
Numerator: (in thousands)
 
 
 
 
 
 
 
Earnings (Numerator for basic and diluted Class A Nonvoting Common Share)
$
4,273

 
$
25,297

 
$
30,109

 
$
47,850

Less:
 
 
 
 
 
 
 
Preferential dividends
—

 
—

 
(799
)
 
(788
)
Preferential dividends on dilutive stock options
—

 
—

 
(16
)
 
(14
)
Numerator for basic and diluted earnings per Class B Voting Common Share
$
4,273

 
$
25,297

 
$
29,294

 
$
47,048

Denominator: (in thousands)
 
 
 
 
 
 
 
Denominator for basic earnings per share for both Class A and Class B
51,698

 
51,054

 
51,569

 
50,844

Plus: Effect of dilutive stock options and restricted stock units
1,021

 
900

 
982

 
877

Denominator for diluted earnings per share for both Class A and Class B
52,719

 
51,954

 
52,551

 
51,721

Net earnings per Class A Nonvoting Common Share:
 
 
 
 
 
 
 
Basic
$
0.08

 
$
0.50

 
$
0.58

 
$
0.94

Diluted
$
0.08

 
$
0.49

 
$
0.57

 
$
0.93

Net earnings per Class B Voting Common Share:
 
 
 
 
 
 
 
Basic
$
0.08

 
$
0.50

 
$
0.57

 
$
0.93

Diluted
$
0.08

 
$
0.49

 
$
0.56

 
$
0.91