XML 49 R33.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Common Stock and Related Matters (Tables) | 12 Months Ended
--- | ---
Aug. 31, 2022
Equity [Abstract] |
Schedule of Changes in Common Stock | Changes in common stock during the periods presented were as follows (amounts and shares in millions):
| Common Stock
| Shares |  | Amount
|  |  | (At par)
Balance at August 31, 2019 | 53.8 |  |  | $ | 0.5 |
Issuance of restricted stock grants, net of cancellations | 0.1 |  |  | — |
Balance at August 31, 2020 | 53.9 |  |  | 0.5 |
Issuance of restricted stock grants, net of cancellations | 0.1 |  |  | — |
Stock options exercised | — |  | * | — |
Balance at August 31, 2021 | 54.0 |  |  | 0.5 |
Issuance of restricted stock grants, net of cancellations | 0.1 |  |  | — |
Stock options exercised | 0.1 |  |  | — |
Balance at August 31, 2022 | 54.2 |  |  | $ | 0.5 |
___________________________ * Represents shares of less than 0.1 million.
Schedule of Earnings Per Share, Basic and Diluted | The following table calculates basic earnings per common share and diluted earnings per common share during the periods presented (in millions, except per share data):
| Year Ended August 31,
| 2022 |  | 2021 |  | 2020
Net income | $ | 384.0 |  |  | $ | 306.3 |  |  | $ | 248.3 |
Basic weighted average shares outstanding | 34.182 |  |  | 36.284 |  |  | 39.453 |
Common stock equivalents | 0.463 |  |  | 0.270 |  |  | 0.148 |
Diluted weighted average shares outstanding | 34.645 |  |  | 36.554 |  |  | 39.601 |
Basic earnings per share(1) | $ | 11.23 |  |  | $ | 8.44 |  |  | $ | 6.29 |
Diluted earnings per share(1) | $ | 11.08 |  |  | $ | 8.38 |  |  | $ | 6.27 |
____________________ (1) Earnings per share is calculated using unrounded numbers. Amounts in the table may not recalculate exactly due to rounding.
Schedule of Securities Excluded from Computation of Earnings Per Share | The following table presents stock options, restricted stock awards, and performance stock units that were excluded from the diluted earnings per share calculation for the periods presented as the effect of inclusion would have been antidilutive (in millions):
| Year Ended August 31, |
| 2022 |  | 2021 |  | 2020 |
Stock options | 0.1 |  |  | 0.8 |  |  | 0.6 |  |
Restricted stock awards | 0.1 |  |  | — |  | * | 0.2 |  |
Performance stock units | — |  |  | — |  |  | — |  | *
_______________________ * Represents shares of less than 0.1 million.

X
- Definition Tabular disclosure of the number and amount for share options and restricted shares activity (rollforward). + References No definition available. + Details
Name: | ayi_ScheduleOfShareBasedCompensationCommonStockActivityTableTextBlock
Namespace Prefix: | ayi_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration