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)
9 Months Ended
May 31, 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 May 31,
 
Nine Months Ended May 31,
 
2017
 
2016
 
2017
 
2016
Numerator:
 
 
 
 
 
 
 
Net earnings (loss)
$
22,511

 
$
21,166

 
$
32,551

 
$
(122,576
)
Denominator:
 
 
 
 
 
 
 
Weighted average common shares outstanding - basic
59,675

 
58,923

 
59,339

 
59,034

Net effect of dilutive securities - stock based compensation plans
727

 
666

 
716

 

Weighted average common shares outstanding - diluted
60,402

 
59,589

 
$
60,055

 
$
59,034

 
 
 
 
 
 
 
 
Basic earnings (loss) per share
$
0.38

 
$
0.36

 
$
0.55

 
$
(2.08
)
Diluted earnings (loss) per share
0.37

 
0.36

 
0.54

 
(2.08
)
 
 
 
 
 
 
 
 
Anti-dilutive securities from stock based compensation plans (excluded from earnings per share calculation)
1,969

 
1,930

 
1,981

 
4,973