The following table illustrates the changes in the balances of each component of shareholders' equity for the three months ended May 31, 2021 (in thousands):


	Common Stock			Additional Paid-in Capital		Treasury Stock		Retained Earnings		Accumulated Other Comprehensive Loss		Stock Held in Trust		Deferred Compensation Liability		Total Shareholders’ Equity
	Issued Shares	Amount
Balance at February 28, 2021	82,879	$	16,576	$	197,036	$	(667,732)	$	925,451	$	(89,938)	$	(2,996)	$	2,996	$	381,393
Net earnings	—	—		—		—		25,031		—		—		—		25,031
Other comprehensive income, net of tax	—	—		—		—		—		6,538		—		—		6,538
Stock contribution to employee benefit plans and other	5	1		96		—		—		—		—		—		97
Vesting of restricted stock awards	17	3		(3)		—		—		—		—		—		—
Stock based compensation expense	—	—		2,157		—		—		—		—		—		2,157
Stock option exercises	89	18		2,008		—		—		—		—		—		2,026
Tax effect related to net share settlement of equity awards	—	—		(356)		—		—		—		—		—		(356)
Stock issued to, acquired for and distributed from rabbi trust	1	—		25		—		—		—		(3)		3		25
Balance at May 31, 2021	82,991	$	16,598	$	200,963	$	(667,732)	$	950,482	$	(83,400)	$	(2,999)	$	2,999	$	416,911

The following table illustrates the changes in the balances of each component of shareholders' equity for the three months ended May 31, 2020 (in thousands):


	Common Stock			Additional Paid-in Capital		Treasury Stock		Retained Earnings		Accumulated Other Comprehensive Loss		Stock Held in Trust		Deferred Compensation Liability		Total Shareholders’ Equity
	Issued Shares	Amount
Balance at February 29, 2020	82,540	$	16,508	$	189,716	$	(658,017)	$	923,622	$	(117,464)	$	(2,434)	$	2,434	$	354,365
Net earnings	—	—		—		—		(4,999)		—		—		—		(4,999)
Other comprehensive income, net of tax	—	—		—		—		—		(6,586)		—		—		(6,586)
Stock contribution to employee benefit plans and other	6	1		96		—		—		—		—		—		97
Vesting of restricted stock awards	13	3		(3)		—		—		—		—		—		—
Treasury stock repurchases	—	—		—		(9,715)		—		—		—		—		(9,715)
Stock based compensation expense	—	—		3,184		—		—		—		—		—		3,184
Stock option exercises	—	—		—		—		—		—		—		—		—
Tax effect related to net share settlement of equity awards	—	—		(147)		—		—		—		—		—		(147)
Stock issued to, acquired for and distributed from rabbi trust	4	1		82		—		—		—		(83)		83		83
Balance at May 31, 2020	82,563	$	16,513	$	192,928	$	(667,732)	$	918,623	$	(124,050)	$	(2,517)	$	2,517	$	336,282

The following table illustrates the changes in the balances of each component of shareholders' equity for the nine months ended May 31, 2021 (in thousands):


	Common Stock			Additional Paid-in Capital		Treasury Stock		Retained Earnings		Accumulated Other Comprehensive Loss		Stock Held in Trust		Deferred Compensation Liability		Total Shareholders’ Equity
	Issued Shares	Amount
Balance at August 31, 2020	82,594	$	16,519	$	193,492	$	(667,732)	$	917,671	$	(100,724)	$	(2,562)	$	2,562	$	359,226
Net earnings	—	—		—		—		32,811		—		—		—		32,811
Other comprehensive income, net of tax	—	—		—		—		—		17,324		—		—		17,324
Stock contribution to employee benefit plans and other	15	3		276		—		—		—		—		—		279
Vesting of restricted stock awards	272	54		(54)		—		—		—		—		—		—
Stock based compensation expense	—	—		7,384		—		—		—		—		—		7,384
Stock option exercises	89	18		2,008		—		—		—		—		—		2,026
Tax effect related to net share settlement of equity awards	—	—		(2,337)		—		—		—		—		—		(2,337)
Stock issued to, acquired for and distributed from rabbi trust	21	4		194		—		—		—		(437)		437		198
Balance at May 31, 2021	82,991	$	16,598	$	200,963	$	(667,732)	$	950,482	$	(83,400)	$	(2,999)	$	2,999	$	416,911

The following table illustrates the changes in the balances of each component of shareholders' equity for the nine months ended May 31, 2020 (in thousands):


	Common Stock			Additional Paid-in Capital		Treasury Stock		Retained Earnings		Accumulated Other Comprehensive Loss		Stock Held in Trust		Deferred Compensation Liability		Total Shareholders’ Equity
	Issued Shares	Amount
Balance at August 31, 2019	81,919	$	16,384	$	181,213	$	(640,212)	$	915,466	$	(171,672)	$	(3,070)	$	3,070	$	301,179
Net earnings	—	—		—		—		(716)		—		—		—		(716)
Other comprehensive income, net of tax	—	—		—		—		—		51,289		—		—		51,289
Stock contribution to employee benefit plans and other	17	3		351		—		—		—		—		—		354
Vesting of restricted stock awards	462	93		(93)		—		—		—		—		—		—
Treasury stock repurchases	—	—		—		(27,520)		—		—		—		—		(27,520)
Stock based compensation expense	—	—		12,814		—		—		—		—		—		12,814
Stock option exercises	145	29		2,602		—		—		—		—		—		2,631
Tax effect related to net share settlement of equity awards	—	—		(4,210)		—		—		—		—		—		(4,210)
Stock issued to, acquired for and distributed from rabbi trust	20	4		251		—		—		—		553		(553)		255
Adoption of accounting standards	—	—		—		—		3,873		(3,667)		—		—		206
Balance at May 31, 2020	82,563	$	16,513	$	192,928	$	(667,732)	$	918,623	$	(124,050)	$	(2,517)	$	2,517	$	336,282