v3.25.2
Earnings Per Share
12 Months Ended
Jul. 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Share
Note 10. Earnings Per Share
Basic net earnings per share (EPS) is computed by dividing net earnings by the weighted average number of outstanding common shares. Diluted net EPS is computed by dividing net earnings by the weighted average number of outstanding common shares and common share equivalents relating to stock options and other stock incentive plans.
Basic and diluted net EPS calculations were as follows (in millions, except per share amounts):
Year Ended July 31,
202520242023
Net earnings$367.0 $414.0 $358.8 
Weighted average common shares outstanding
Weighted average common shares – basic118.7 120.7 121.8 
Dilutive impact of stock-based awards1.7 1.9 1.8 
Weighted average common shares – diluted120.4 122.6 123.6 
Net EPS – basic$3.09 $3.43 $2.95 
Net EPS – diluted$3.05 $3.38 $2.90 
Stock options excluded from net EPS calculation0.70.00.0