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STOCKHOLDERS’ EQUITY AND EARNINGS PER SHARE (Tables)
9 Months Ended
May 31, 2023
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)2023202220232022
Net earnings$233,971 $312,429 $675,594 $928,632 
Average basic shares outstanding117,066,623 121,247,105 117,192,710 121,277,553 
Effect of dilutive securities1,331,276 1,552,764 1,554,374 1,649,738 
Average diluted shares outstanding118,397,899 122,799,869 118,747,084 122,927,291 
Earnings per share:
Basic$2.00 $2.58 $5.76 $7.66 
Diluted$1.98 $2.54 $5.69 $7.55