| 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 April 30, | | Nine Months Ended April 30, | | 2026 | | 2025 | | 2026 | | 2025 | Weighted-average common shares outstanding for basic earnings per share | 52,240,856 | | | 53,203,568 | | | 52,548,586 | | | 53,128,112 | | | Unvested restricted and performance stock units | 158,828 | | | 229,925 | | | 194,588 | | | 310,984 | | Weighted-average common shares outstanding assuming dilution | 52,399,684 | | | 53,433,493 | | | 52,743,174 | | | 53,439,096 | |
For the three months ended April 30, 2026 and 2025, the Company excluded 58,007 and 134,487 unvested restricted stock units and performance stock units that have an antidilutive effect from its calculation of weighted-average shares outstanding assuming dilution. For the nine months ended April 30, 2026 and 2025, the Company excluded 68,869 and 58,882 unvested restricted stock units and performance stock units that have an antidilutive effect from its calculation of weighted-average shares outstanding assuming dilution.
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