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EARNINGS PER SHARE
 3 Months Ended
Nov. 30, 2011
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
NOTE 4 - EARNINGS PER SHARE
 
The Company presents basic and diluted Earnings Per Share ("EPS") using the two class method.   The two-class method is an earnings allocation formula that treats a participating security as having rights to earnings that otherwise would have been available to common stockholders and that determines basic income per share for each class of common stock and participating security according to dividends declared (or accumulated) and participation rights in undistributed earnings that would have been available to common stockholders.   A participating security is defined as a security that may participate in undistributed earnings with common stock.  The Company's capital structure includes securities that participate with common stock on a one for one basis for distribution of dividends.  These are the restricted stock awards and restricted stock units authorized within the 1998, 2001 and 2002 Equity Participation Plans of the Company.  In addition, the Company determines the diluted income per share by excluding the basic weighted average of stock options outstanding from the calculation of diluted net income per share.

The following table sets forth the computation of net income per share for the three months ended November 30, 2011 and 2010 (in thousands, except per share amounts):

   
Three Months Ended
 
   
November 30,
 
   
2011
   
2010
 
Net income from continuing operations
 
$
13,996
   
$
14,846
 
Less: Earnings and dividends allocated to unvested stockholders
   
204
     
277
 
Basic undistributed net earnings available to common stockholders from continuing operations
   
13,792
     
14,569
 
Net earnings available to common stockholders from continuing operations
 
$
13,792
   
$
14,569
 
Net earnings (loss) available to common stockholders from discontinued operations 
 
$
(7
)
 
$
7
 
Basic weighted average shares outstanding
   
29,503
     
29,356
 
Add dilutive effect of stock options (two-class method)
   
14
     
6
 
Diluted average shares outstanding
   
29,517
     
29,362
 
Basic income per share from continuing operations
 
$
0.47
   
$
0.50
 
Diluted income per share from continuing operations
 
$
0.47
   
$
0.50
 
Basic income (loss) per share from discontinued operations
 
$
0.00
   
$
0.00
 
Diluted income (loss) per share from discontinued operations
 
$
0.00
   
$
0.00
 

Income from continuing operations
 
13,996
     
14,846
 
Income (loss) from discontinued operations, net of tax
 
(7
)
   
7
 
  Net income
$
13,989
   
$
14,853