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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
May 31, 2019
May 31, 2018
May 31, 2019
May 31, 2018
Revenues $ 57,840 $ 51,723 $ 161,185 $ 138,935
Cost of revenues 41,715 36,647 116,439 99,231
Gross margin 16,125 15,076 44,746 39,704
Operating expenses:        
Selling, general and administrative expenses 12,353 11,643 35,563 32,460
Income from operations 3,772 3,433 9,183 7,244
Other income (expense):        
Net gain (loss) on trading securities 413 (65) 515 186
Interest and other (expense), net (128) (122) (330) (353)
Total other income (expense), net 285 (187) 185 (167)
Income before income taxes 4,057 3,246 9,368 7,077
Provision for income taxes 1,113 993 2,538 2,310
Net income 2,944 2,253 6,830 4,767
Cumulative preferred stock dividend (19) (19) (57) (57)
Net income attributable to common shareholders $ 2,925 $ 2,234 $ 6,773 $ 4,710
Basic and diluted earnings per share: $ 0.60 $ 0.46 $ 1.39 $ 0.97
Basic and diluted weighted average common shares outstanding 4,861,590 4,861,590 4,861,590 4,861,590