Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v2.4.0.6
Earnings Per Share (Tables)
3 Months Ended
Nov. 30, 2012
Reconciliations between Basic and Diluted Earnings Per Share

The reconciliations between basic and diluted earnings per share are as follows (in thousands, except per share amounts):

 

     Three Months Ended
November 30,
 
     2012      2011  

Numerator:

     

Net earnings from continuing operations

   $ 36,343       $ 37,174   

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

     —           511   
  

 

 

    

 

 

 

Net earnings for diluted earnings per share

   $ 36,343       $ 37,685   
  

 

 

    

 

 

 

Denominator:

     

Weighted average common shares outstanding for basic earnings per share

     72,791         68,421   

Net effect of dilutive securities—equity based compensation plans

     1,480         764   

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

     —           5,957   
  

 

 

    

 

 

 

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

     74,271         75,142   
  

 

 

    

 

 

 

Basic Earnings Per Share:

   $ 0.50       $ 0.54   

Diluted Earnings Per Share:

   $ 0.49       $ 0.50