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 28, 2021 |
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February 29, 2020 |
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February 28, 2021 |
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February 29, 2020 |
Numerator: |
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Net earnings from continuing operations |
$ |
3,584 |
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$ |
3,918 |
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$ |
8,406 |
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$ |
10,290 |
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Net loss from discontinued operations |
(402) |
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(1,756) |
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(626) |
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(6,007) |
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Net earnings |
$ |
3,182 |
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$ |
2,162 |
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7,780 |
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4,283 |
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Denominator: |
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Weighted average common shares outstanding - basic |
59,938 |
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60,130 |
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59,874 |
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60,106 |
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Net effect of dilutive securities - stock based compensation plans |
331 |
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383 |
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306 |
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451 |
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Weighted average common shares outstanding - diluted |
60,269 |
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60,513 |
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60,180 |
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60,557 |
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Earnings per common share from continuing operations: |
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Basic |
$ |
0.06 |
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$ |
0.07 |
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$ |
0.14 |
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$ |
0.17 |
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Diluted |
$ |
0.06 |
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$ |
0.06 |
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$ |
0.14 |
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$ |
0.17 |
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Loss per common share from discontinued operations: |
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Basic |
$ |
(0.01) |
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$ |
(0.03) |
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$ |
(0.01) |
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$ |
(0.10) |
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Diluted |
$ |
(0.01) |
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$ |
(0.03) |
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$ |
(0.01) |
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$ |
(0.10) |
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Earnings per common share: |
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Basic |
$ |
0.05 |
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$ |
0.04 |
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$ |
0.13 |
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$ |
0.07 |
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Diluted |
$ |
0.05 |
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$ |
0.04 |
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$ |
0.13 |
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$ |
0.07 |
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Anti-dilutive securities from stock based compensation plans (excluded from earnings per share calculation) |
932 |
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1,024 |
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1,211 |
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1,046 |
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