Earnings Per Share

9 Months Ended

May 31, 2013

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

The reconciliations between basic and diluted earnings per share from continuing operations are as follows (in thousands, except per share amounts):

	Three Months Ended					Nine Months Ended
	May 31, 2013		May 31, 2012			May 31, 2013		May 31, 2012
Numerator:
Earnings from continuing operations	$	46,077	$	27,737		$	102,462	$	89,360
Plus: 2% Convertible Notes financing costs, net of taxes	—		(468		)	—		425
Earnings from continuing operations for diluted earnings per share	$	46,077	$	27,269		$	102,462	$	89,785
Denominator:
Weighted average common shares outstanding for basic earnings per share	73,133		71,083			72,957		69,184
Net effect of dilutive securities—stock based compensation plans	1,654		1,310			1,534		1,053
Net effect of 2% Convertible Notes based on the if-converted method	—		2,978			—		4,964
Weighted average common and equivalent shares outstanding for diluted earnings per share	74,787		75,371			74,491		75,201
Earnings per common share from continuing operations:
Basic	$	0.63	$	0.39		$	1.40	$	1.29
Diluted	$	0.62	$	0.36		$	1.38	$	1.19
Anti-dilutive securities-stock based compensation plans (excluded from earnings per share calculation)	656		2,173			735		2,735