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EARNINGS PER SHARE (Tables)
6 Months Ended
Feb. 28, 2025
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 six months ended February 28, 2025 and February 29, 2024 (in thousands, except per share amounts):
Three Months EndedSix Months Ended
February 28,
2025
February 29,
2024
February 28,
2025
February 29,
2024
Net income$43,760$39,271$81,188$77,318
Less: Allocation of income to unvested stockholders(155)(114)(1,180)(893)
Net income available for distribution$43,605$39,157$80,008$76,425
Basic weighted average shares outstanding30,06329,92030,04130,095
Add dilutive effect of performance stock units (two-class method)53
Diluted average shares outstanding30,06829,92030,04430,095
Basic net income per share$1.45$1.31$2.66$2.54
Diluted net income per share$1.45$1.31$2.66$2.54