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Earnings Per Common Share
3 Months Ended
Nov. 30, 2021
Earnings Per Common Share [Abstract]  
Earnings Per Common Share Note 9. Earnings per Common Share The table below reconciles net income to net income available to common shareholders (in thousands): Three Months Ended November 30, 2021 2020Net income$ 18,555 $ 23,623Less: Net income allocated to participating securities (64) (110)Net income available to common shareholders$ 18,491 $ 23,513 The table below summarizes the weighted-average number of common shares outstanding included in the calculation of basic and diluted EPS (in thousands): Three Months Ended November 30, 2021 2020Weighted-average common shares outstanding, basic 13,716 13,675Weighted-average dilutive securities 36 31Weighted-average common shares outstanding, diluted 13,752 13,706 For the three months ended November 30, 2021, weighted-average stock-based equity awards outstanding that are non-participating securities in the amount of 5,145 were excluded from the calculation of diluted EPS under the treasury stock method as they were anti-dilutive. For the three months ended November 30, 2020, there were no anti-dilutive stock-based equity awards outstanding.‎