Earnings Per Share (Tables)

12 Months Ended

Aug. 31, 2020

Earnings Per Share [Abstract]

Weighted Average Shares Outstanding

A reconciliation of the weighted average shares outstanding used in the basic and diluted earnings per share ("EPS") computations is as follows:

(in thousands, except per share data)	Net Income (Numerator)		Weighted Average Common Shares (Denominator)	Per Share Amount
For the year ended August 31, 2020
Basic EPS
Income available to common stockholders	$	372,938	37,936	$	9.83
Diluted EPS
Dilutive effect of stock options and restricted stock			710
Income available to common stockholders plus assumed conversions	$	372,938	38,646	$	9.65
For the year ended August 31, 2019
Basic EPS
Income available to common stockholders	$	352,790	38,144	$	9.25
Diluted EPS
Dilutive effect of stock options and restricted stock			729
Income available to common stockholders plus assumed conversions	$	352,790	38,873	$	9.08
For the year ended August 31, 2018
Basic EPS
Income available to common stockholders	$	267,085	38,733	$	6.90
Diluted EPS
Dilutive effect of stock options and restricted stock			644
Income available to common stockholders plus assumed conversions	$	267,085	39,377	$	6.78