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Shareholders' Equity (Tables)
12 Months Ended
Aug. 31, 2022
Shareholders' Equity  
Schedule of reconciliation of the numerators and denominators used in the basic and diluted computations of earnings per common share

The following is a reconciliation of the numerators and denominators used in the basic and diluted computations of earnings per common share:

Years Ended August 31,

(In thousands, except per share information)

    

2022

    

2021

EPS – basic and diluted:

 

  

 

  

Net income

$

21,308

$

8,387

Less:  cumulative preferred stock dividend

 

(76)

 

(76)

Net income attributable to common shareholders for basic and diluted EPS computation

$

21,232

$

8,311

Weighted average common shares outstanding for basic and diluted EPS computation

 

4,861,590

 

4,861,590

Earnings per common share – basic and diluted

$

4.37

$

1.71