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 January 31,		Six Months Ended January 31,
	2025	2024	2025	2024
Weighted-average common shares outstanding for basic earnings per share	53,208,626	53,322,504	53,091,615	53,309,169
Unvested restricted and performance stock units (1)	—	328,079	—	442,981
Weighted-average common shares outstanding assuming dilution	53,208,626	53,650,583	53,091,615	53,752,150

(1)Due to losses for the three and six months ended January 31, 2025, zero incremental shares are included because the effect would be antidilutive.

For the three months ended January 31, 2025 and 2024, the Company excluded 222,029 and 8,078 unvested restricted and performance stock units that have an antidilutive effect from its calculation of weighted-average common shares outstanding assuming dilution. For the six months ended January 31, 2025 and 2024, the Company excluded 372,593 and 29,688 unvested restricted and performance stock units that have an antidilutive effect from its calculation of weighted-average common shares outstanding assuming dilution.