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Net Income Per Share
12 Months Ended
Aug. 31, 2019
Earnings Per Share [Abstract]  
Net Income Per Share

Note 14 – Net Income Per Share

The following table sets forth the information used to compute basic and diluted net income per share attributable to SSI shareholders for the years ended August 31 (in thousands):

 

 

 

 

2019

 

 

 

2018

 

 

 

2017

 

Income from continuing operations

 

$

58,570

 

 

$

159,443

 

 

$

47,368

 

Net income attributable to noncontrolling interests

 

 

(1,977

)

 

 

(3,338

)

 

 

(2,467

)

Income from continuing operations attributable to SSI shareholders

 

 

56,593

 

 

 

156,105

 

 

 

44,901

 

(Loss) income from discontinued operations, net of tax

 

 

(248

)

 

 

346

 

 

 

(390

)

Net income attributable to SSI shareholders

 

$

56,345

 

 

$

156,451

 

 

$

44,511

 

Computation of shares:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding, basic

 

 

27,527

 

 

 

27,645

 

 

 

27,537

 

Incremental common shares attributable to dilutive performance

   share, RSU and DSU awards

 

 

695

 

 

 

944

 

 

 

604

 

Weighted average common shares outstanding, diluted

 

 

28,222

 

 

 

28,589

 

 

 

28,141

 

 

Common stock equivalent shares of 92,873, 62,019 and 251,899 were considered antidilutive and were excluded from the calculation of diluted net income per share attributable to SSI shareholders for the years ended August 31, 2019, 2018 and 2017, respectively.