Quarterly report pursuant to Section 13 or 15(d)

Capital Stock and Share Repurchase (Tables)

v3.7.0.1
Capital Stock and Share Repurchase (Tables)
6 Months Ended
Feb. 28, 2017
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
 
Six Months Ended
 
February 28, 2017
 
February 29, 2016
 
February 28,
2017
 
February 29,
2016
Numerator:
 
 
 
 
 
 
 
Net earnings (loss)
$
5,074

 
$
(159,190
)
 
$
10,039

 
$
(143,742
)
Denominator:
 
 
 
 
 
 
 
Weighted average common shares outstanding - basic
59,368

 
58,991

 
59,170

 
59,089

Net effect of dilutive securities - stock based compensation plans
778

 

 
711

 

Weighted average common shares outstanding - diluted
60,146

 
58,991

 
$
59,881

 
$
59,089

 
 
 
 
 
 
 
 
Basic earnings (loss) per share
$
0.09

 
$
(2.70
)
 
$
0.17

 
$
(2.43
)
Diluted earnings (loss) per share
0.08

 
(2.70
)
 
0.17

 
(2.43
)
 
 
 
 
 
 
 
 
Anti-dilutive securities from stock based compensation plans (excluded from earnings per share calculation)
2,011

 
5,146

 
1,987

 
5,146