XML 38 R34.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
STOCKHOLDERS’ EQUITY AND EARNINGS PER SHARE (Tables)
3 Months Ended
Nov. 30, 2019
Earnings Per Share [Abstract]  
Calculations of the basic and diluted earnings per share from continuing operations
The calculations of basic and diluted earnings per share from continuing operations were as follows: 
 
 
Three Months Ended November 30,
(in thousands, except share data)
 
2019
 
2018
Earnings from continuing operations
 
$
82,755

 
$
19,420

Basic earnings per share:
 
 
 
 
       Shares outstanding for basic earnings per share
 
118,370,191

 
117,387,038

Basic earnings per share from continuing operations
 
$
0.70

 
$
0.17

Diluted earnings per share:
 
 
 
 
       Shares outstanding for basic earnings per share
 
118,370,191

 
117,387,038

Effect of dilutive securities:
 
 
 
 
Stock-based incentive/purchase plans
 
1,403,347

 
1,295,435

Shares outstanding for diluted earnings per share
 
119,773,538

 
118,682,473

Diluted earnings per share from continuing operations
 
$
0.69

 
$
0.16


  
There are no anti-dilutive shares for the periods presented.

Restricted stock is included in the number of shares of common stock issued and outstanding but omitted from the basic earnings per share calculation until the shares vest.