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Earnings Per Share and Dividends
3 Months Ended
Nov. 30, 2018
Earnings Per Share [Abstract]  
Earnings Per Share and Dividends
Earnings Per Share and Dividends
Earnings Per Share
The Company calculates its basic earnings per share by dividing net income attributable to the Company by the weighted average number of common shares outstanding during the period. The Company’s diluted earnings per share is calculated in a similar manner, but includes the effect of dilutive securities. The difference between the weighted average number of basic shares outstanding and the weighted average number of diluted shares outstanding is primarily due to dilutive unvested restricted stock awards and dilutive stock appreciation rights.
Potential shares of common stock are excluded from the computation of diluted earnings per share when their effect would be antidilutive. Performance-based restricted stock awards are considered dilutive when the related performance criteria have been met assuming the end of the reporting period represents the end of the performance period. All potential shares of common stock are antidilutive in periods of net loss. Potential shares of common stock not included in the computation of earnings per share because their effect would have been antidilutive or because the performance criterion was not met were as follows (in thousands):
 
Three months ended
 
November 30, 2018
 
November 30, 2017
Restricted stock awards
2,157

 
2,549


Dividends
The following table sets forth cash dividends declared by the Company to common stockholders during the three months ended November 30, 2018 and 2017 (in thousands, except for per share data):
 
Dividend
Declaration Date
 
Dividend
per Share
 
Total of Cash
Dividends
Declared
 
Date of Record for
Dividend Payment
 
Dividend Cash
Payment Date
Fiscal Year 2019:
October 18, 2018
 
$
0.08

 
$
13,226

 
November 15, 2018
 
December 3, 2018
Fiscal Year 2018:
October 19, 2017
 
$
0.08

 
$
14,588

 
November 15, 2017
 
December 1, 2017