Net Income Per Share (Tables)

9 Months Ended

May 31, 2017

Net Income Per Share

Schedule of determination of earnings per share under the two-class method

	Three Months Ended May 31,				Nine Months Ended May 31,
	2017		2016		2017		2016
Basic Earnings per Share
Net income	$	11,855	$	7,531	$	30,601	$	21,952
Less: Allocated to participating securities		127		69		332		197
Net income available to common shareholders	$	11,728	$	7,462	$	30,269	$	21,755
Basic weighted average shares outstanding		9,258,219		9,173,252		9,244,237		9,156,805
Net income per share - Basic	$	1.27	$	0.81	$	3.27	$	2.38
Diluted Earnings per Share
Net income	$	11,855	$	7,531	$	30,601	$	21,952
Less: Allocated to participating securities		127		69		332		197
Net income available to common shareholders	$	11,728	$	7,462	$	30,269	$	21,755
Basic weighted average shares outstanding		9,258,219		9,173,252		9,244,237		9,156,805
Additional dilutive common stock equivalents		78,506		138,546		87,233		131,004
Diluted weighted average shares outstanding		9,336,725		9,311,798		9,331,470		9,287,809
Net income per share - Diluted	$	1.26	$	0.80	$	3.24	$	2.34