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Earnings Per Share (Tables)
9 Months Ended
May 31, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table calculates basic earnings per common share and diluted earnings per common share for the three and nine months ended May 31, 2019 and 2018 (in millions, except per share data):
 
Three Months Ended
 
Nine Months Ended
 
May 31, 2019
 
May 31, 2018
 
May 31, 2019
 
May 31, 2018
Net income
$
88.4

 
$
73.0

 
$
234.3

 
$
241.4

Basic weighted average shares outstanding
39.7

 
40.4

 
39.8

 
41.2

Common stock equivalents
0.1

 
0.1

 
0.1

 
0.1

Diluted weighted average shares outstanding
39.8


40.5

 
39.9

 
41.3

Basic earnings per share
$
2.23

 
$
1.81

 
$
5.89

 
$
5.86

Diluted earnings per share
$
2.22


$
1.80


$
5.87


$
5.85


Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following table presents stock options and restricted stock awards that were excluded from the diluted earnings per share calculation for the three and nine months ended May 31, 2019 and 2018 as the effect of inclusion would have been antidilutive:
 
Three Months Ended
 
Nine Months Ended
 
May 31, 2019
 
May 31, 2018
 
May 31, 2019
 
May 31, 2018
Stock options
283,731

 
239,230

 
297,445

 
179,385

Restricted stock awards
107,800

 
240,783

 
169,672

 
257,617