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EARNINGS PER SHARE (Tables)
3 Months Ended
Nov. 30, 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 months ended November 30, 2024 and 2023 (in thousands, except per share amounts):
Three Months Ended
November 30,
2024
November 30,
2023
Net income$37,428$38,047
Less: Allocation of income to unvested stockholders(1,043)(631)
Net income available for distribution$36,385$37,416
Basic weighted average shares outstanding30,01930,269
Add dilutive effect of performance stock units (two-class method)1
Diluted average shares outstanding30,02030,269
Basic net income per share$1.21$1.24
Diluted net income per share$1.21$1.24