Annual report pursuant to Section 13 and 15(d)

Capital Stock (Tables)

v2.4.0.6
Capital Stock (Tables)
 12 Months Ended
Aug. 31, 2012
Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts):

 

    Year Ended August 31,  
    2012     2011     2010  

Numerator:

      

Net earnings

   $ 87,290      $ 111,559      $ 24,031   

Plus: 2% Convertible Notes financings costs, net of taxes

     425        1,755        1,898   
 

 

 

    

 

 

    

 

 

  

Net earnings for diluted earnings per share

   $ 87,715      $ 113,314      $ 25,929   
 

 

 

    

 

 

    

 

 

  

Denominator:

      

Weighted average common shares outstanding for basic earnings per share

     70,099        68,254        67,624   

Net effect of dilutive securities—employee stock compensation plans

     1,119        1,089        661   

Net effect of 2% Convertible Notes based on the if-converted method

     3,722        5,962        5,924   
 

 

 

    

 

 

    

 

 

  

Weighted average common and equivalent shares outstanding for diluted earnings per share

     74,940        75,305        74,209   
 

 

 

    

 

 

    

 

 

  

Basic Earnings Per Share:

   $ 1.25      $ 1.63      $ 0.36   

Diluted Earnings Per Share:

   $ 1.17      $ 1.50      $ 0.35