Share Repurchases	9 Months Ended
May 31, 2024
Equity [Abstract]
Share Repurchases	Note 13 – Share Repurchases The Company’s Board of Directors authorized a share repurchase program of up to $250.0 million of common stock with no expiration date. Under the program, shares may be repurchased in privately negotiated and/or open market transactions as well as under formalized trading plans in accordance with the guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. The Company’s share repurchases in excess of issuances are subject to a 1% excise tax enacted by the Inflation Reduction Act. During the three and nine months ended May 31, 2024, the Company repurchased 154 thousand shares of its common stock under the program in open market transactions for $17.9 million, including excise taxes of $0.2 million. There were no shares repurchased during the three or nine months ended May 31, 2023. As of May 31, 2024, the repurchased shares were held as treasury stock and $46.0 million of the authorization remained available for future share repurchases.

Share Repurchases

9 Months Ended

May 31, 2024

Note 13 – Share Repurchases

The Company’s Board of Directors authorized a share repurchase program of up to $250.0 million of common stock with no expiration date. Under the program, shares may be repurchased in privately negotiated and/or open market transactions as well as under formalized trading plans in accordance with the guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. The Company’s share repurchases in excess of issuances are subject to a 1% excise tax enacted by the Inflation Reduction Act.

During the three and nine months ended May 31, 2024, the Company repurchased 154 thousand shares of its common stock under the program in open market transactions for $17.9 million, including excise taxes of $0.2 million. There were no

shares repurchased during the three or nine months ended May 31, 2023. As of May 31, 2024, the repurchased shares were held as treasury stock and $46.0 million of the authorization remained available for future share repurchases.