| 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):
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Three Months Ended February 28, |
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Six Months Ended February 28, |
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2023 |
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2022 |
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2023 |
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2022 |
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| Numerator: |
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| Net earnings from continuing operations |
$ |
7,158 |
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$ |
2,121 |
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$ |
13,568 |
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$ |
5,306 |
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| Net loss from discontinued operations |
(2,661) |
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(900) |
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(1,618) |
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(1,297) |
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| Net earnings |
$ |
4,497 |
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$ |
1,221 |
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$ |
11,950 |
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$ |
4,009 |
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| Denominator: |
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| Weighted average common shares outstanding - basic |
57,042 |
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60,387 |
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56,964 |
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60,324 |
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| Net effect of dilutive securities - stock based compensation plans |
458 |
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302 |
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445 |
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331 |
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| Weighted average common shares outstanding - diluted |
57,500 |
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60,689 |
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57,409 |
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60,655 |
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| Earnings per share from continuing operations: |
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| Basic |
$ |
0.13 |
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$ |
0.04 |
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$ |
0.24 |
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$ |
0.09 |
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| Diluted |
$ |
0.12 |
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$ |
0.03 |
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$ |
0.24 |
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$ |
0.09 |
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| Loss per share from discontinued operations: |
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| Basic |
$ |
(0.05) |
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$ |
(0.01) |
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$ |
(0.03) |
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$ |
(0.02) |
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| Diluted |
$ |
(0.05) |
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$ |
(0.01) |
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$ |
(0.03) |
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$ |
(0.02) |
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| Earnings per share:* |
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| Basic |
$ |
0.08 |
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$ |
0.02 |
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$ |
0.21 |
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$ |
0.07 |
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| Diluted |
$ |
0.08 |
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$ |
0.02 |
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$ |
0.21 |
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$ |
0.07 |
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| Anti-dilutive securities from stock based compensation plans (excluded from earnings per share calculation) |
1,986 |
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1,037 |
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1,402 |
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941 |
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| *The total of Earnings per share from continuing operations and loss per share from discontinued operations may not equal Earnings per share due to rounding. |
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