EARNINGS PER SHARE (Tables)

6 Months Ended

Feb. 29, 2024

Schedule of the Computation of Net Income Per Share

The following table sets forth the computation of net income per share for the three and six months ended February 29, 2024 and February 28, 2023 (in thousands, except per share amounts):


	Three Months Ended				Six Months Ended
	February 29, 2024		February 28, 2023		February 29, 2024		February 28, 2023
Net income	$	39,271	$	31,347	$	77,318	$	64,252
Less: Allocation of income to unvested stockholders	(114)		(51)		(893)		(627)
Net income available for distribution	$	39,157	$	31,296	$	76,425	$	63,625
Basic weighted average shares outstanding	29,920		30,741		30,095		30,727
Add dilutive effect of performance stock units (two-class method)	—		19		—		13
Diluted average shares outstanding	29,920		30,760		30,095		30,740
Basic net income per share	$	1.31	$	1.02	$	2.54	$	2.07
Diluted net income per share	$	1.31	$	1.02	$	2.54	$	2.07