Net Income Per Share (Tables)

3 Months Ended

Nov. 30, 2019

Net Income Per Share

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

	Three Months Ended November 30,
	2019		2018
Basic Earnings per Share
Net income	$	7,362	$	8,823
Less: Allocated to participating securities		54		69
Net income available to common shareholders	$	7,308	$	8,754
Basic weighted average shares outstanding		9,352,148		9,329,570
Net income per share - Basic	$	0.78	$	0.94
Diluted Earnings per Share
Net income	$	7,362	$	8,823
Less: Allocated to participating securities		54		69
Net income available to common shareholders	$	7,308	$	8,754
Basic weighted average shares outstanding		9,352,148		9,329,570
Additional dilutive common stock equivalents		82,070		51,733
Diluted weighted average shares outstanding		9,434,218		9,381,303
Net income per share - Diluted	$	0.77	$	0.93