Net Income Per Share (Tables)

9 Months Ended

May 31, 2023

Net Income Per Share

Schedule of determination of earnings per share under the two-class method

	Three Months Ended May 31,				Nine Months Ended May 31,
	2023		2022		2023		2022
Basic Earnings per Share
Net income	$	12,092	$	15,545	$	27,319	$	34,398
Less: Allocated to participating securities		97		104		227		228
Net income available to common shareholders	$	11,995	$	15,441	$	27,092	$	34,170
Basic weighted average shares outstanding		9,430,065		9,399,231		9,422,783		9,398,778
Net income per share - Basic	$	1.27	$	1.64	$	2.88	$	3.64
Diluted Earnings per Share
Net income	$	12,092	$	15,545	$	27,319	$	34,398
Less: Allocated to participating securities		97		104		227		228
Net income available to common shareholders	$	11,995	$	15,441	$	27,092	$	34,170
Basic weighted average shares outstanding		9,430,065		9,399,231		9,422,783		9,398,778
Additional dilutive common stock equivalents		33,290		32,028		27,885		36,591
Diluted weighted average shares outstanding		9,463,355		9,431,259		9,450,668		9,435,369
Net income per share - Diluted	$	1.27	$	1.64	$	2.87	$	3.62