Changes in Stockholders' Equity (Tables)

9 Months Ended

May 31, 2022

Schedule of Changes in Stockholders' Equity

The following tables summarize changes in the components of stockholders' equity for the periods presented (in millions):


	Common Stock Outstanding
	Shares	Amount		Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Loss		Treasury Stock, at cost		Total
Balance, August 31, 2021	35.2	$	0.5	$	995.6	$	2,810.3	$	(98.2)	$	(1,663.7)	$	2,044.5
Net income	—	—		—		87.6		—		—		87.6
Other comprehensive loss	—	—		—		—		(10.7)		—		(10.7)


Share-based payment amortization, issuances, and cancellations	0.1	—		0.4		—		—		—		0.4
Employee stock purchase plan issuances	—	—		0.6		—		—		—		0.6
Cash dividends of $0.13 per share paid on common stock	—	—		—		(4.7)		—		—		(4.7)
Stock options exercised	0.1	—		8.0		—		—		—		8.0
Repurchases of common stock	(0.3)	—		—		—		—		(52.8)		(52.8)
Balance, November 30, 2021	35.1	0.5		1,004.6		2,893.2		(108.9)		(1,716.5)		2,072.9
Net income	—	—		—		75.3		—		—		75.3
Other comprehensive income	—	—		—		—		6.0		—		6.0
Share-based payment amortization, issuances, and cancellations	—	—		9.4		—		—		—		9.4
Employee stock purchase plan issuances	—	—		0.4		—		—		—		0.4
Cash dividends of $0.13 per share paid on common stock	—	—		—		(4.6)		—		—		(4.6)
Stock options exercised	—	—		1.2		—		—		—		1.2
Repurchases of common stock	(0.3)	—		—		—		—		(56.3)		(56.3)
Balance, February 28, 2022	34.8	0.5		1,015.6		2,963.9		(102.9)		(1,772.8)		2,104.3
Net income	—	—		—		105.7		—		—		105.7
Other comprehensive loss	—	—		—		—		(0.6)		—		(0.6)
Share-based payment amortization, issuances, and cancellations	—	—		9.2		—		—		—		9.2
Employee stock purchase plan issuances	—	—		0.4		—		—		—		0.4
Cash dividends of $0.13 per share paid on common stock	—	—		—		(4.4)		—		—		(4.4)

Repurchases of common stock	(1.7)	—		—		—		—		(296.0)		(296.0)
Balance, May 31, 2022	33.1	$	0.5	$	1,025.2	$	3,065.2	$	(103.5)	$	(2,068.8)	$	1,918.6


	Common Stock Outstanding
	Shares	Amount		Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Loss		Treasury Stock, at cost		Total
Balance, August 31, 2020	38.9	$	0.5	$	963.6	$	2,523.3	$	(132.7)	$	(1,227.2)	$	2,127.5
Net income	—	—		—		59.6		—		—		59.6
Other comprehensive income	—	—		—		—		6.2		—		6.2

Cumulative effect of adoption of ASC 326	—	—		—		(0.2)		—		—		(0.2)
Share-based payment amortization, issuances, and cancellations	0.1	—		4.7		—		—		—		4.7
Employee stock purchase plan issuances	—	—		0.3		—		—		—		0.3
Cash dividends of $0.13 per share paid on common stock	—	—		—		(5.0)		—		—		(5.0)

Repurchases of common stock	(2.6)	—		—		—		—		(256.1)		(256.1)
Balance, November 30, 2020	36.4	0.5		968.6		2,577.7		(126.5)		(1,483.3)		1,937.0
Net income	—	—		—		62.9		—		—		62.9
Other comprehensive income	—	—		—		—		8.4		—		8.4
Share-based payment amortization, issuances, and cancellations	—	—		8.6		—		—		—		8.6
Employee stock purchase plan issuances	—	—		0.2		—		—		—		0.2
Cash dividends of $0.13 per share paid on common stock	—	—		—		(4.7)		—		—		(4.7)
Stock options exercised	—	—		0.4		—		—		—		0.4
Repurchases of common stock	(0.7)	—		—		—		—		(80.3)		(80.3)
Balance, February 28, 2021	35.7	0.5		977.8		2,635.9		(118.1)		(1,563.6)		1,932.5
Net income	—	—		—		85.7		—		—		85.7
Other comprehensive income	—	—		—		—		20.7		—		20.7
Share-based payment amortization, issuances, and cancellations	—	—		6.2		—		—		—		6.2
Employee stock purchase plan issuances	—	—		0.3		—		—		—		0.3
Cash dividends of $0.13 per share paid on common stock	—	—		—		(4.6)		—		—		(4.6)
Stock options exercised	—	—		0.8		—		—		—		0.8
Repurchases of common stock	—	—		—		—		—		(2.5)		(2.5)
Balance, May 31, 2021	35.7	$	0.5	$	985.1	$	2,717.0	$	(97.4)	$	(1,566.1)	$	2,039.1