The Company's Board of Directors approved four separate authorizations (September 2011, March 2014, October 2014 and March 2015) to repurchase up to 7,000,000 shares each of the Company's outstanding common stock. At February 29, 2016, shares repurchased under these authorizations totaled 20,126,479, leaving 7,873,521 shares available for repurchase under the existing share repurchase programs.

The reconciliation between basic and diluted earnings (loss) per share is as follows (in thousands, except per share amounts):



	Three Months Ended						Six Months Ended
	February 29, 2016			February 28, 2015			February 29, 2016			February 28, 2015
Numerator:
Net loss	$	(159,190	)	$	(64,838	)	$	(143,742	)	$	(40,164	)
Denominator:
Weighted average common shares outstanding - basic and diluted ⁽¹⁾	58,991			61,759			59,089			63,045

Basic and Diluted loss per share	$	(2.70	)	$	(1.05	)	$	(2.43	)	$	(0.64	)

Anti-dilutive securities from stock based compensation plans (excluded from earnings per share calculation)	5,146			4,761			5,146			4,761

⁽¹⁾As a result of the impairment charges which caused a net loss in both the current and prior year, shares from stock based compensation plans are excluded from the calculation of diluted earnings (loss) per share, as the result would be anti-dilutive.