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Note 19 - Unaudited Quarterly Financial Data
12 Months Ended
Aug. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Text Block]

19. UNAUDITED QUARTERLY FINANCIAL DATA 


The following table presents selected unaudited financial information for each of the quarterly periods in the years ended August 31, 2014 and 2013. The results for any quarter are not necessarily indicative of future quarterly results and, accordingly, period-to-period comparisons should not be relied upon as an indication of future performance (in thousands, except per share data).


Fiscal 2014

 

First

Quarter

   

Second

Quarter

   

Third

Quarter

   

Fourth

Quarter

 
                                 

Revenues

  $ 222,975     $ 226,934     $ 231,761     $ 238,664  

Cost of services

    83,250       87,254       90,661       92,521  

Selling, general and administrative

    64,985       64,626       68,063       66,757  

Operating income

    74,740       75,054       73,037       79,386  

Net income

    52,178       52,426       51,532       55,407  

Diluted earnings per common share*

  $ 1.19     $ 1.22     $ 1.21     $ 1.31  

Weighted average common shares (diluted)

    43,773       43,107       42,615       42,386  

Fiscal 2013

 

First

Quarter

   

Second

Quarter

   

Third

Quarter

   

Fourth

Quarter

 
                                 

Revenues

  $ 211,085     $ 213,083     $ 214,613     $ 219,332  

Cost of services

    73,586       75,842       76,721       80,231  

Selling, general and administrative

    66,414       81,077       66,255       68,567  

Operating income

    71,085       56,164       71,637       70,534  

Net income

    49,769       44,539       53,367       50,964  

Diluted earnings per common share*

  $ 1.11     $ 1.00     $ 1.20     $ 1.16  

Weighted average common shares (diluted)

    44,984       44,455       44,485       44,043  

* Diluted earnings per common share is calculated independently for each of the periods presented. Accordingly, the sum of the quarterly earnings per share amounts may not equal the total for the year.