EARNINGS PER SHARE (Tables)

9 Months Ended

May 31, 2024

Earnings Per Share [Abstract]

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 nine months ended May 31, 2024 and 2023 (in thousands, except per share amounts):

	Three Months Ended				Nine Months Ended
	May 31, 2024		May 31, 2023		May 31, 2024		May 31, 2023
Net income	$	32,489	$	29,572	$	109,807	$	93,824
Less: Allocation of income to unvested stockholders	(67)		(456)		(1,033)		(1,098)
Net income available for distribution	$	32,422	$	29,116	$	108,774	$	92,726
Basic weighted average shares outstanding	29,968		30,800		30,052		30,752
Add dilutive effect of performance stock units (two-class method)	—		29		—		18
Diluted average shares outstanding	29,968		30,829		30,052		30,770
Basic net income per share	$	1.08	$	0.95	$	3.62	$	3.02
Diluted net income per share	$	1.08	$	0.94	$	3.62	$	3.01