Annual report pursuant to Section 13 and 15(d)

Capital Stock (Tables)

v3.5.0.2
Capital Stock (Tables)
 12 Months Ended
Aug. 31, 2016
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings (loss) per share (in thousands, except per share amounts):
 
Year Ended August 31,
 
2016
 
2015
 
2014
Numerator:
 
 
 
 
 
Net earnings (loss)
$
(105,174
)
 
$
19,872

 
$
163,573

Denominator:
 
 
 
 
 
Weighted average common shares outstanding - basic
59,010

 
61,262

 
70,942

Net effect of dilutive securities - stock based compensation plans (1)
—

 
793

 
1,544

Weighted average common shares outstanding - diluted
59,010

 
62,055

 
72,486

 
 
 
 
 
 
Basic Earnings (Loss) Per Share:
$
(1.78
)
 
$
0.32

 
$
2.31

Diluted Earnings (Loss) Per Share:
$
(1.78
)
 
$
0.32

 
$
2.26

 
 
 
 
 
 
Anti-dilutive securities from stock based compensation plans (excluded from earnings per share calculation)
4,832

 
2,056

 
522