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EARNINGS PER SHARE (Tables)
3 Months Ended
Nov. 30, 2023
Earnings Per Share [Abstract]  
Schedule of the Computation of Net Income Per Share
The following table sets forth the computation of net income per share for the three-months ended November 30, 2023 and 2022 (in thousands, except per share amounts):
Three Months Ended
November 30,
2023
November 30,
2022
Net income$38,047$32,905
Less: Allocation of income to unvested stockholders(631)(586)
Net income available for distribution$37,416$32,319
Basic weighted average shares outstanding30,26930,713
Add dilutive effect of performance stock units (two-class method)6
Diluted average shares outstanding30,26930,719
Basic net income per share$1.24$1.05
Diluted net income per share$1.24$1.05