Grants (in shares)

[Table of Contents](#i988317c7021a4a8fa66f2208a2958f7e_10)The following table summarizes stock options outstanding and exercisable as of July 31, 2022:

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (In thousands, except per share amounts) |  | Options Outstanding |  | Options Exercisable |
| Range of Exercise Prices |  | Number |  | WeightedAverageRemainingContractualLife |  | WeightedAverageExercisePrice |  | Number |  | WeightedAverageExercisePrice |
| $17.47 | — | $18.23 |  | 929  |  |  | 2.53 |  | $ | 17.88  |  |  | 929  |  |  | $ | 17.88  |  |
| $18.61 | — | $31.24 |  | 726  |  |  | 3.80 |  | 23.73  |  |  | 726  |  |  | 23.73  |  |
| $33.74 | — | $83.27 |  | 2,389  |  |  | 5.71 |  | 48.35  |  |  | 1,875  |  |  | 46.23  |  |
| $85.04 | — | $145.62 |  | 3,058  |  |  | 7.94 |  | 104.30  |  |  | 1,178  |  |  | 101.06  |  |
| Outstanding as of July 31, 2022 |  | 7,102  |  |  | 6.06 |  | $ | 65.94  |  |  | 4,708  |  |  | $ | 50.89  |  |

  
The Company’s restricted stock awards (“RSA”) and restricted stock unit awards (“RSU”) have generally been issued with vesting periods ranging from two years to five years and vest solely on service conditions. Accordingly, the Company recognizes compensation expense for RSA and RSU awards on a straight-line basis over the requisite service period of the award.   
The following is a summary of activity for the Company’s RSA’s and RSU’s for the for the year ended July 31, 2022:

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (In thousands, except per share data) |  | Restricted Shares |  | Weighted Average Grant Date Fair Value |
| Outstanding as of July 31, 2021 |  | 102  |  |  | $ | 90.46  |  |
| Grants |  | 142  |  |  | 133.53  |  |
| Vested |  | (49) |  |  | 98.96  |  |
| Forfeitures or expirations |  | (18) |  |  | 112.18  |  |
| Outstanding as of July 31, 2022 |  | 177  |  |  | $ | 120.56  |  |

  
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