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Net Earnings Per Share (Tables)
 3 Months Ended
Nov. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Earnings Per Share

The following table shows the computation of basic and diluted net earnings per share for the three months ended November 30, 2022 and 2021:

 

 

Three months ended

 

($ and shares in thousands, except per share amounts)

 

November 30,
2022

 

 

November 30,
2021

 

Numerator:

 

 

 

 

 

 

Net earnings

 

$

18,217

 

 

$

7,901

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

Weighted average shares outstanding

 

 

10,989

 

 

 

10,927

 

Diluted effect of stock awards

 

 

84

 

 

 

99

 

Weighted average shares outstanding assuming
   dilution

 

 

11,073

 

 

 

11,026

 

 

 

 

 

 

 

 

Basic net earnings per share

 

$

1.66

 

 

$

0.72

 

Diluted net earnings per share

 

$

1.65

 

 

$

0.72