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Loss Per Share
12 Months Ended
Aug. 31, 2020
Loss Per Share [Abstract]  
Loss Per Share





15.LOSS PER SHARE



The following schedule shows the calculation of loss per share for the periods presented (in thousands, except per-share amounts).



 

 

 

 

 

 



 

 

 

 

 

 

YEAR ENDED

 

 

 

 

 

 

AUGUST 31,

 

2020 

 

2019 

 

2018 

Numerator for basic and

 

 

 

 

 

 

diluted earnings per share:

 

 

 

 

 

 

Net loss

$

(9,435)

$

(1,023)

$

(5,887)



 

 

 

 

 

 

Denominator for basic and

 

 

 

 

 

 

diluted earnings per share:

 

 

 

 

 

 

Basic weighted average shares

 

 

 

 

 

 

outstanding

 

13,892 

 

13,948 

 

13,849 

Effect of dilutive securities:

 

 

 

 

 

 

Stock options and other

 

 

 

 

 

 

stock-based awards

 

 -

 

 -

 

 -

Diluted weighted average shares

 

 

 

 

 

 

outstanding

 

13,892 

 

13,948 

 

13,849 



 

 

 

 

 

 

EPS Calculations:

 

 

 

 

 

 

Net loss per share:

 

 

 

 

 

 

Basic and diluted

$

(0.68)

$

(0.07)

$

(0.43)



Since we incurred a net loss for the fiscal year ended August 31, 2020, no potentially dilutive securities were included in the calculation of our loss per share because the inclusion of these securities would be antidilutive.  The number of dilutive securities that would have been included at August 31, 2020 was approximately 65,000 shares.  Other securities, including performance stock-based compensation instruments, may have a dilutive effect on our future EPS calculations if our financial results reach specified targets (Note 12).