Quarterly report pursuant to Section 13 or 15(d)

Capital Stock and Share Repurchase (Tables)

v3.3.1.900
Capital Stock and Share Repurchase (Tables)
 3 Months Ended
Nov. 30, 2015
Earnings Per Share [Abstract]  
Class of Treasury Stock
Schedule of Earnings Per Share, Basic and Diluted
The reconciliation between basic and diluted earnings per share from continuing operations is as follows (in thousands, except per share amounts):
 
Three Months Ended November 30,
 
2015
 
2014
Numerator:
 
 
 
Net earnings
$
15,448

 
$
24,674

Denominator:
 
 
 
Weighted average common shares outstanding - basic
59,187

 
64,357

Net effect of dilutive securities—stock based compensation plans
526

 
1,242

Weighted average common shares outstanding - diluted
59,713

 
65,599

 
 
 
 
Basic earnings per share
$
0.26

 
$
0.38

Diluted earnings per share
$
0.26

 
$
0.38

 
 
 
 
Anti-dilutive securities from stock based compensation plans (excluded from earnings per share calculation)
3,031

 
487