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Net Income Per Share (Tables)
12 Months Ended
Aug. 31, 2020
Net Income Per Share  
Schedule of determination of earnings per share under the two-class method

 

 

 

 

 

 

 

 

 

 

 

 

 

Years Ended August 31,

 

 

    

2020

    

2019

    

2018

 

Net income

 

$

34,157

 

$

32,711

 

$

43,143

 

Less:  Allocated to participating securities

 

 

273

 

 

257

 

 

410

 

Available to common shareholders

 

$

33,884

 

$

32,454

 

$

42,733

 

Basic weighted average shares outstanding

 

 

9,359,940

 

 

9,334,232

 

 

9,296,648

 

Additional dilutive common stock equivalents

 

 

79,810

 

 

44,975

 

 

69,423

 

Diluted weighted average shares outstanding

 

 

9,439,750

 

 

9,379,207

 

 

9,366,071

 

Net income available to common shareholders, per common and common equivalent share

 

 

 

 

 

 

 

 

 

 

Basic

 

$

3.62

 

$

3.48

 

$

4.60

 

Diluted

 

$

3.59

 

$

3.46

 

$

4.56