Earnings Per Common Share (Tables)
 3 Months Ended
Oct. 31, 2020
Earnings Per Share [Abstract]  
Schedule of computation of basic and diluted EPS available to stockholders of common stock (excluding participating securities)
The following table sets forth the computation of basic and diluted EPS available to stockholders of common stock (excluding participating securities):
Three Months Ended October 31,
 20202019
Numerator for basic and diluted earnings per share: 
Net income$24,464 $5,767 
Less income allocated to participating securities— (2)
Net income available to common shareholders$24,464 $5,765 
Denominator for basic and diluted earnings per share, adjusted for participating securities: 
Denominator for basic earnings per share - weighted average number of shares outstanding attributable to common stock42,184,486 42,022,383 
Dilutive effect of stock awards using the treasury stock method and the average market price for the year154,352 146,422 
Dilutive effect of convertible debt outstanding619,640 — 
Denominator for diluted earnings per share - weighted average number of shares and common stock equivalents attributable to common stock42,958,478 42,168,805 
Earnings per share attributable to common stock: 
Basic earnings per share$0.58 $0.14 
Diluted earnings per share$0.57 $0.14 
Stock awards excluded because their inclusion would have been anti-dilutive— — 
Schedule of reconciliation of weighted average number of shares and common stock equivalents attributable to common stock to the Company's total weighted average number of shares and common stock equivalents including participating securities
A reconciliation of weighted average number of shares and common stock equivalents attributable to common stock, as determined above, to our total weighted average number of shares and common stock equivalents, including participating securities, is set forth in the following table:
Three Months Ended October 31,
 20202019
Denominator for diluted earnings per share - weighted average number of shares and common stock equivalents attributable to common stock42,958,478 42,168,805 
Participating securities— 16,857 
Total weighted average number of shares and common stock equivalents attributable to both common stock and participating securities42,958,478 42,185,662