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Earnings Per Share
3 Months Ended
Nov. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Share

2.Earnings Per Share

 

The following table sets forth the computation of basic and diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

 

November 30,

 

 

2014

 

2013

Numerator:

 

 

 

 

 

 

Net income

 

$

10,085 

 

$

8,208 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

Weighted average common shares outstanding– basic

 

 

53,360 

 

 

56,292 

Effect of dilutive employee stock options and

 

 

 

 

 

 

unvested restricted stock units

 

 

1,467 

 

 

1,605 

Weighted average common shares – diluted

 

 

54,827 

 

 

57,897 

 

 

 

 

 

 

 

Net income per common share – basic

 

$

0.19 

 

$

0.15 

Net income per common share – diluted

 

$

0.18 

 

$

0.14 

 

 

 

 

 

 

 

Anti-dilutive securities excluded(1)

 

 

455 

 

 

967 

—————————

(1)    Anti-dilutive securities consist of stock options and unvested restricted stock units that were not included in the computation of diluted earnings per share because either the exercise price of the options was greater than the average market price of the common stock or the total assumed proceeds under the treasury stock method resulted in negative incremental shares and thus the inclusion would have been anti-dilutive.