Earnings Per Share (Tables)

9 Months Ended

Apr. 30, 2026

Schedule of Weighted-Average Number of Shares Used in the Calculation of Basic and Diluted Earnings per Share

The weighted-average number of shares used in the calculation of basic and diluted earnings per share attributable to the Company’s common stockholders consists of the following (in thousands):

	Three Months Ended				Nine Months Ended
	April 30,				April 30,
	2026		2025		2026		2025
Basic weighted-average number of shares		13,002		13,720		12,992		13,835
Effect of dilutive securities:
Stock options		240		220		-		-
Non-vested restricted Class B common stock		3		-		-		-
Deferred stock units		27		-		-		-
Diluted weighted-average number of shares		13,272		13,940		12,992		13,835

Schedule of Dilutive Earnings per Share

The following shares were excluded from the dilutive earnings per share computations because their inclusion would have been anti-dilutive (in thousands):

	Three Months Ended				Nine Months Ended
	April 30,				April 30,
	2026		2025		2026		2025
Stock options		118		170		766		892
Non-vested restricted Class B common stock		-		77		39		78
Deferred stock units		-		90		55		54
Shares excluded from the calculation of diluted earnings per share		118		337		860		1,024

Zedge, Inc. 10-Q