Net Income Per Share (Tables)

9 Months Ended

May 31, 2022

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,
	2022		2021		2022		2021
Basic Earnings per Share
Net income	$	15,545	$	14,289	$	34,398	$	34,297
Less: Allocated to participating securities		104		94		228		239
Net income available to common shareholders	$	15,441	$	14,195	$	34,170	$	34,058
Basic weighted average shares outstanding		9,399,231		9,386,814		9,398,778		9,381,433
Net income per share - Basic	$	1.64	$	1.51	$	3.64	$	3.63
Diluted Earnings per Share
Net income	$	15,545	$	14,289	$	34,398	$	34,297
Less: Allocated to participating securities		104		94		228		239
Net income available to common shareholders	$	15,441	$	14,195	$	34,170	$	34,058
Basic weighted average shares outstanding		9,399,231		9,386,814		9,398,778		9,381,433
Additional dilutive common stock equivalents		32,028		48,521		36,591		45,446
Diluted weighted average shares outstanding		9,431,259		9,435,335		9,435,369		9,426,879
Net income per share - Diluted	$	1.64	$	1.50	$	3.62	$	3.61