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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
May 31, 2018
May 31, 2017
May 31, 2018
May 31, 2017
Revenues $ 51,723 $ 40,282 $ 138,935 $ 114,773
Cost of revenues 36,647 28,759 99,231 82,123
Gross margin 15,076 11,523 39,704 32,650
Operating expenses:        
Selling, general and administrative expenses 11,643 9,660 32,460 28,356
Income from operations 3,433 1,863 7,244 4,294
Other (expense) income:        
Net (loss) gain on trading securities (65) 303 186 177
Interest and other income (expense) (122) (40) (353) (76)
Other (expense) income, net (187) 263 (167) 101
Income before income taxes 3,246 2,126 7,077 4,395
Provision for income taxes 993 848 2,310 1,709
Net income 2,253 1,278 4,767 2,686
Cumulative preferred stock dividend (19) (19) (57) (57)
Net income attributable to common shareholders $ 2,234 $ 1,259 $ 4,710 $ 2,629
Basic and diluted earnings per common share: $ 0.46 $ 0.26 $ 0.97 $ 0.54
Basic and diluted weighted average common shares outstanding 4,861,590 4,861,590 4,861,590 4,861,590