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Net Earnings Per Share (Tables)
3 Months Ended
Nov. 30, 2023
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Earnings Per Share

The following table shows the computation of basic and diluted net earnings per share for the three months ended November 30, 2023 and 2022:

 

 

Three months ended

 

($ and shares in thousands, except per share amounts)

 

November 30,
2023

 

 

November 30,
2022

 

Numerator:

 

 

 

 

 

 

Net earnings

 

$

15,019

 

 

$

18,217

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

Weighted average shares outstanding

 

 

11,017

 

 

 

10,989

 

Diluted effect of stock awards

 

 

42

 

 

 

84

 

Weighted average shares outstanding assuming
   dilution

 

 

11,059

 

 

 

11,073

 

 

 

 

 

 

 

 

Basic net earnings per share

 

$

1.36

 

 

$

1.66

 

Diluted net earnings per share

 

$

1.36

 

 

$

1.65