v3.26.1
Earnings Per Share
9 Months Ended
Apr. 30, 2026
Earnings Per Share [Abstract]  
Earnings Per Share
Note 9. 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):
Three Months Ended
April 30,
Nine Months Ended
April 30,
2026202520262025
Net earnings$118.1 $57.8 $324.5 $252.7 
Weighted average common shares outstanding
Weighted average common shares – basic115.9 118.8 115.8 119.4 
Dilutive impact of stock-based awards2.2 1.5 2.1 1.8 
Weighted average common shares – diluted118.1 120.3 117.9 121.2 
Net EPS – basic$1.02 $0.49 $2.80 $2.12 
Net EPS – diluted$1.00 $0.48 $2.75 $2.09 
Stock options excluded from net EPS calculation
0.00.8 0.00.8