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STOCKHOLDERS’ EQUITY AND EARNINGS PER SHARE (Tables)
9 Months Ended
May 31, 2022
Earnings Per Share [Abstract]  
Calculations of the basic and diluted earnings per share from continuing operations
The calculations of basic and diluted EPS were as follows: 
Three Months Ended May 31,Nine Months Ended May 31,
(in thousands, except share and per share data)2022202120222021
Net earnings$312,429 $130,408 $928,632 $260,552 
Average basic shares outstanding121,247,105 120,613,652 121,277,553 120,241,579 
Effect of dilutive securities1,552,764 1,580,003 1,649,738 1,610,565 
Average diluted shares outstanding122,799,869 122,193,655 122,927,291 121,852,144 
Earnings per share:
Basic$2.58 $1.08 $7.66 $2.17 
Diluted$2.54 $1.07 $7.55 $2.14