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Unaudited Quarterly Financial Data
12 Months Ended
Aug. 31, 2020
Quarterly Financial Information Disclosure [Abstract]  
Unaudited Quarterly Financial Data UNAUDITED QUARTERLY FINANCIAL DATA
The following table presents selected unaudited financial information for each of the quarterly periods in the years ended August 31, 2020 and 2019. The results for any quarter are not necessarily indicative of future quarterly results and, accordingly, period-to-period comparisons should not be relied upon as an indication of future performance.
Fiscal 2020 (in thousands, except per share data)First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
Revenue$366,658 $369,780 $374,083 $383,590 
Cost of services$164,957 $176,218 $170,703 $183,568 
Selling, general and administrative$88,515 $87,305 $81,740 $101,445 
Operating income$113,186 $106,257 $121,640 $98,577 
Net income$93,957 $88,686 $101,216 $89,079 
Diluted EPS(1)
$2.43 $2.30 $2.63 $2.29 
Diluted weighted average common shares38,587 38,576 38,481 38,940 

Fiscal 2019 (in thousands, except per share data)First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
Revenue$351,640 $354,895 $364,533 $364,283 
Cost of services$166,776 $165,108 $163,832 $167,730 
Selling, general and administrative$84,325 $81,099 $83,461 $84,985 
Operating income$100,539 $108,688 $117,240 $111,568 
Net income$84,296 $84,702 $92,265 $91,527 
Diluted EPS(1)
$2.17 $2.19 $2.37 $2.34 
Diluted weighted average common shares38,809 38,619 38,993 39,056 
(1)Diluted earnings per common share is calculated independently for each of the periods presented. Accordingly, the sum of the quarterly EPS amounts may not equal the total for the fiscal year.