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STOCKHOLDERS’ EQUITY AND EARNINGS PER SHARE (Tables)
3 Months Ended
Nov. 30, 2020
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)20202019
Earnings from continuing operations$63,911 $82,755 
Basic earnings per share:
       Shares outstanding for basic earnings per share119,762,706 118,370,191 
Basic earnings per share from continuing operations$0.53 $0.70 
Diluted earnings per share:
       Shares outstanding for basic earnings per share119,762,706 118,370,191 
Effect of dilutive securities:
Stock-based incentive/purchase plans1,365,338 1,403,347 
Shares outstanding for diluted earnings per share121,128,044 119,773,538 
Diluted earnings per share from continuing operations$0.53 $0.69 

Anti-dilutive shares not included above were immaterial for all 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.