Earnings Per Share

9 Months Ended

May 31, 2024

Earnings Per Share [Abstract]

Earnings Per Share

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NOTE 8 – EARNINGS PER SHARE

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

	Quarter Ended				Three Quarters Ended
		May 31,		May 31,		May 31,		May 31,
		2024		2023		2024		2023
Numerator for basic and
diluted income per share:
Net income	$	5,721	$	4,563	$	11,446	$	10,969
Denominator for basic and
diluted income per share:
Basic weighted average shares
outstanding		13,160		13,621		13,222		13,799
Effect of dilutive securities:
Stock-based compensation awards		218		652		277		638
Diluted weighted average
shares outstanding		13,378		14,273		13,499		14,437
EPS Calculations:
Net income per share:
Basic	$	0.43	$	0.33	$	0.87	$	0.79
Diluted		0.43		0.32		0.85		0.76