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, 2020 |
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February 28, 2019 |
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February 29, 2020 |
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February 28, 2019 |
Numerator: |
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Net earnings (loss) from continuing operations |
$ |
3,918 |
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$ |
765 |
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$ |
10,290 |
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$ |
(15,657 |
) |
Net (loss) earnings from discontinued operations |
(1,756 |
) |
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1,988 |
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(6,007 |
) |
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958 |
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Net earnings (loss) |
2,162 |
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2,753 |
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4,283 |
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(14,699 |
) |
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Denominator: |
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Weighted average common shares outstanding - basic |
60,130 |
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61,243 |
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60,106 |
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61,137 |
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Net effect of dilutive securities - stock based compensation plans |
383 |
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364 |
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451 |
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— |
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Weighted average common shares outstanding - diluted |
$ |
60,513 |
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$ |
61,607 |
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$ |
60,557 |
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$ |
61,137 |
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Earnings (loss) per common share from continuing operations: |
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Basic |
$ |
0.07 |
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$ |
0.01 |
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$ |
0.17 |
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$ |
(0.26 |
) |
Diluted |
$ |
0.06 |
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$ |
0.01 |
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$ |
0.17 |
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$ |
(0.26 |
) |
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(Loss) earnings per common share from discontinued operations: |
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Basic |
$ |
(0.03 |
) |
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$ |
0.03 |
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$ |
(0.10 |
) |
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$ |
0.02 |
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Diluted |
$ |
(0.03 |
) |
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$ |
0.03 |
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$ |
(0.10 |
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$ |
0.02 |
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Earnings (loss) per common share: |
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Basic |
$ |
0.04 |
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$ |
0.04 |
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$ |
0.07 |
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$ |
(0.24 |
) |
Diluted |
$ |
0.04 |
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$ |
0.04 |
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$ |
0.07 |
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$ |
(0.24 |
) |
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Anti-dilutive securities from stock based compensation plans (excluded from earnings per share calculation) |
1,024 |
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1,503 |
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1,046 |
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2,986 |
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