Net Income Per Share (Tables)

9 Months Ended

May 31, 2020

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,
	2020		2019		2020		2019
Basic Earnings per Share
Net income	$	9,908	$	8,541	$	25,149	$	22,637
Less: Allocated to participating securities		86		68		201		177
Net income available to common shareholders	$	9,822	$	8,473	$	24,948	$	22,460
Basic weighted average shares outstanding		9,363,559		9,337,436		9,357,176		9,333,098
Net income per share - Basic	$	1.05	$	0.91	$	2.67	$	2.41
Diluted Earnings per Share
Net income	$	9,908	$	8,541	$	25,149	$	22,637
Less: Allocated to participating securities		86		68		201		177
Net income available to common shareholders	$	9,822	$	8,473	$	24,948	$	22,460
Basic weighted average shares outstanding		9,363,559		9,337,436		9,357,176		9,333,098
Additional dilutive common stock equivalents		65,704		41,474		78,721		44,650
Diluted weighted average shares outstanding		9,429,263		9,378,910		9,435,897		9,377,748
Net income per share - Diluted	$	1.04	$	0.90	$	2.64	$	2.39