Net Earnings Per Share (Tables)

6 Months Ended

Feb. 28, 2019

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 and six months ended February 28, 2019 and February 28, 2018:

	Three months ended					Six months ended
($ and shares in thousands, except per share amounts)	February 28, 2019			February 28, 2018		February 28, 2019			February 28, 2018
Numerator:
Net earnings (loss)	$	(3,440	)	$	1,735	$	(2,228	)	$	4,920

Denominator:
Weighted average shares outstanding		10,786			10,743		10,776			10,724
Diluted effect of stock awards		—			22		—			28
Weighted average shares outstanding assuming dilution		10,786			10,765		10,776			10,752

Basic net earnings (loss) per share	$	(0.32	)	$	0.16	$	(0.21	)	$	0.46
Diluted net earnings (loss) per share	$	(0.32	)	$	0.16	$	(0.21	)	$	0.46

Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share

the following table shows the securities excluded from the computation of earnings per share because their effect would have been anti-dilutive:

	Three months ended				Six months ended
(Units and options in thousands)	February 28, 2019		February 28, 2018		February 28, 2019		February 28, 2018
Restricted stock units		7		6		17		72
Stock options		74		64		55		167
Performance stock units		10		—		5		—