| 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 May 31, |
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Nine Months Ended May 31, |
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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 |
$ |
16,976 |
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$ |
4,061 |
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$ |
30,544 |
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$ |
9,367 |
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| Net loss from discontinued operations |
(4,596) |
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(2,418) |
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(6,214) |
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(3,715) |
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| Net earnings |
$ |
12,380 |
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$ |
1,643 |
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$ |
24,330 |
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$ |
5,652 |
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| Denominator: |
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| Weighted average common shares outstanding - basic |
57,052 |
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60,227 |
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56,993 |
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60,292 |
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| Net effect of dilutive securities - stock based compensation plans |
380 |
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383 |
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424 |
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348 |
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| Weighted average common shares outstanding - diluted |
57,432 |
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60,610 |
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57,417 |
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60,640 |
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| Earnings per share from continuing operations: |
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| Basic |
$ |
0.30 |
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$ |
0.07 |
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$ |
0.54 |
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$ |
0.16 |
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| Diluted |
$ |
0.30 |
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$ |
0.07 |
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$ |
0.53 |
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$ |
0.15 |
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| Loss per share from discontinued operations: |
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| Basic |
$ |
(0.08) |
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$ |
(0.04) |
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$ |
(0.11) |
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$ |
(0.06) |
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| Diluted |
$ |
(0.08) |
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$ |
(0.04) |
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$ |
(0.11) |
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$ |
(0.06) |
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| Earnings per share:* |
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| Basic |
$ |
0.22 |
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$ |
0.03 |
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$ |
0.43 |
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$ |
0.09 |
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| Diluted |
$ |
0.22 |
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$ |
0.03 |
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$ |
0.42 |
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$ |
0.09 |
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| Anti-dilutive securities from stock based compensation plans (excluded from earnings per share calculation) |
397 |
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951 |
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1,067 |
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945 |
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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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