Quarterly report pursuant to Section 13 or 15(d)

Capital Stock and Share Repurchase (Tables)

v3.6.0.2
Capital Stock and Share Repurchase (Tables)
3 Months Ended
Nov. 30, 2016
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 November 30,
 
2016
 
2015
Numerator:
 
 
 
Net earnings
$
4,965

 
$
15,448

Denominator:
 
 
 
Weighted average common shares outstanding - basic
58,972

 
59,187

Net effect of dilutive securities - stock based compensation plans
644

 
526

Weighted average common shares outstanding - diluted
59,616

 
59,713

 
 
 
 
Basic earnings per share
$
0.08

 
$
0.26

Diluted earnings per share
0.08

 
0.26

 
 
 
 
Anti-dilutive securities from stock based compensation plans (excluded from earnings per share calculation)
1,963

 
3,031