Earnings Per Share (Tables)

6 Months Ended

Feb. 28, 2021

Earnings Per Share [Abstract]

Schedule of weighted average number of shares

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 three months ended February 28, 2021
Basic EPS
Income available to common stockholders	$	96,643	37,916	$	2.55
Diluted EPS
Dilutive effect of stock options and restricted stock			704
Income available to common stockholders plus assumed conversions	$	96,643	38,620	$	2.50
For the three months ended February 29, 2020
Basic EPS
Income available to common stockholders	$	88,686	37,875	$	2.34
Diluted EPS
Dilutive effect of stock options and restricted stock			701
Income available to common stockholders plus assumed conversions	$	88,686	38,576	$	2.30
For the six months ended February 28, 2021
Basic EPS
Income available to common stockholders	$	197,849	37,961	$	5.21
Diluted EPS
Dilutive effect of stock options and restricted stock			697
Income available to common stockholders plus assumed conversions	$	197,849	38,658	$	5.12
For the six months ended February 29, 2020
Basic EPS
Income available to common stockholders	$	182,643	37,927	$	4.82
Diluted EPS
Dilutive effect of stock options and restricted stock			655
Income available to common stockholders plus assumed conversions	$	182,643	38,582	$	4.73