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EARNINGS PER SHARE
 12 Months Ended
Aug. 31, 2025
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Basic earnings per common share ("Basic EPS") is computed by dividing net income by the number of weighted average common shares outstanding during the fiscal year. Diluted earnings per common share ("Diluted EPS") is calculated by using the treasury stock method which assumes the issuance of common stock for all potentially dilutive stock-based awards.
The following is a reconciliation of our Basic and Diluted EPS computations:
Years Ended August 31,
(in thousands, except per share data)202520242023
Numerator
Net income used for calculating Basic EPS and Diluted EPS$597,040 $537,126 $468,173 
Denominator
Weighted average common shares used in the calculation of Basic EPS37,924 38,059 38,194 
Common stock equivalents associated with stock-based compensation plans
461 559 704 
Shares used in the calculation of Diluted EPS38,385 38,618 38,898 
Basic EPS$15.74 $14.11 $12.26 
Diluted EPS$15.55 $13.91 $12.04 
The following table presents the potential common shares that were excluded from Diluted EPS as they relate to stock-based awards that were antidilutive or subject to performance conditions which have not been satisfied by the end of each fiscal year:
Years Ended August 31,
(in thousands)
202520242023
Stock options
791 381 566 
Restricted Stock Awards
87 88 59