Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.20.2
Earnings Per Share (Tables)
 9 Months Ended
May 31, 2020
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The reconciliation between basic and diluted earnings per share is as follows (in thousands, except per share amounts):
 
Three Months Ended May 31,
 
Nine Months Ended May 31,
 
2020
 
2019
 
2020
 
2019
Numerator:
 
 
 
 
 
 
 
Net (loss) earnings from continuing operations
$
(4,930
)
 
$
26,858

 
$
5,360

 
$
11,201

Net (loss) earnings from discontinued operations
(69
)
 
5,560

 
(6,076
)
 
6,518

Net (loss) earnings
(4,999
)
 
32,418

 
(716
)
 
17,719

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted average common shares outstanding - basic
59,826

 
61,422

 
60,012

 
61,232

Net effect of dilutive securities - stock based compensation plans
—

 
418

 
346

 
469

Weighted average common shares outstanding - diluted
$
59,826

 
$
61,840

 
$
60,358

 
$
61,701

 
 
 
 
 
 
 
 
(Loss) earnings per common share from continuing operations:
 
 
 
 
 
 
 
Basic
$
(0.08
)
 
$
0.44

 
$
0.09

 
$
0.18

Diluted
$
(0.08
)
 
$
0.43

 
$
0.09

 
$
0.18

 
 
 
 
 
 
 
 
(Loss) earnings per common share from discontinued operations:
 
 
 
 
 
 
 
Basic
$
—

 
$
0.09

 
$
(0.10
)
 
$
0.11

Diluted
$
—

 
$
0.09

 
$
(0.10
)
 
$
0.11

 
 
 
 
 
 
 
 
(Loss) earnings per common share:
 
 
 
 
 
 
 
Basic
$
(0.08
)
 
$
0.53

 
$
(0.01
)
 
$
0.29

Diluted
$
(0.08
)
 
$
0.52

 
$
(0.01
)
 
$
0.29

 
 
 
 
 
 
 
 
Anti-dilutive securities from stock based compensation plans (excluded from earnings per share calculation)
2,479

 
987

 
1,435

 
1,164