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EARNINGS PER SHARE (Tables)
12 Months Ended
Aug. 31, 2017
EARNINGS PER SHARE [Abstract]  
Schedule of the Computation of Net Income Per Share



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

Years Ended August 31,



 

2017

 

2016

 

2015

Net income

 

$

90,724 

 

$

88,723 

 

$

89,124 

Less: Allocation of income to unvested stockholders

 

 

(1,321)

 

 

(1,431)

 

 

(1,137)

Net earnings available to common stockholders

 

$

89,403 

 

$

87,292 

 

$

87,987 

Basic weighted average shares outstanding

 

 

30,020 

 

 

29,928 

 

 

29,848 

Add dilutive effect of stock options (two-class method)

 

 

 

 

 

 

Diluted average shares outstanding

 

 

30,023 

 

 

29,933 

 

 

29,855 

Basic net income per share

 

$

2.98 

 

$

2.92 

 

$

2.95 

Diluted net income per share

 

$

2.98 

 

$

2.92 

 

$

2.95