| 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 |
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Six Months Ended |
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February 29, 2024 |
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February 28, 2023 |
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February 29, 2024 |
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February 28, 2023 |
| Numerator: |
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| Net earnings from continuing operations |
$ |
17,871 |
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$ |
7,158 |
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$ |
36,177 |
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$ |
13,568 |
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| Loss from discontinued operations, net of income taxes |
(54) |
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(2,661) |
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(622) |
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(1,618) |
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| Net earnings |
$ |
17,817 |
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$ |
4,497 |
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$ |
35,555 |
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$ |
11,950 |
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| Denominator: |
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| Weighted average common shares outstanding - basic |
54,213 |
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57,042 |
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54,370 |
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56,964 |
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| Net effect of dilutive securities - stock based compensation plans |
472 |
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458 |
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476 |
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445 |
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| Weighted average common shares outstanding - diluted |
54,685 |
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57,500 |
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54,846 |
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57,409 |
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| Earnings per share from continuing operations: |
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| Basic |
$ |
0.33 |
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$ |
0.13 |
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$ |
0.67 |
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$ |
0.24 |
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| Diluted |
$ |
0.33 |
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$ |
0.12 |
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$ |
0.66 |
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$ |
0.24 |
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| Loss per share from discontinued operations: |
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| Basic |
$ |
(0.00) |
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$ |
(0.05) |
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$ |
(0.01) |
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$ |
(0.03) |
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| Diluted |
$ |
(0.00) |
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$ |
(0.05) |
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$ |
(0.01) |
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$ |
(0.03) |
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| Earnings per share:* |
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| Basic |
$ |
0.33 |
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$ |
0.08 |
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$ |
0.65 |
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$ |
0.21 |
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| Diluted |
$ |
0.33 |
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$ |
0.08 |
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$ |
0.65 |
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$ |
0.21 |
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| Anti-dilutive securities from stock based compensation plans (excluded from earnings per share calculation) |
71 |
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1,986 |
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191 |
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1,402 |
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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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