Changes in Stockholders' Equity (Tables)

9 Months Ended

May 31, 2024

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(1)	Amount		Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Loss		Treasury Stock, at cost		Total
Balance, August 31, 2023	31.1	$	0.5	$	1,066.8	$	3,505.4	$	(112.6)	$	(2,444.7)	$	2,015.4
Net income	—	—		—		100.6		—		—		100.6
Other comprehensive loss	—	—		—		—		(1.5)		—		(1.5)


Share-based payment amortization, issuances, and cancellations	0.1	—		2.1		—		—		—		2.1
Employee stock purchase plan issuances	—	—		0.5		—		—		—		0.5
Cash dividends of $0.13 per share paid on common stock	—	—		—		(4.1)		—		—		(4.1)
Stock options exercised	—	—		1.1		—		—		—		1.1
Repurchases of common stock	(0.3)	—		—		—		—		(50.0)		(50.0)
Balance, November 30, 2023	30.9	0.5		1,070.5		3,601.9		(114.1)		(2,494.7)		2,064.1
Net income	—	—		—		89.2		—		—		89.2
Other comprehensive income	—	—		—		—		1.4		—		1.4
Share-based payment amortization, issuances, and cancellations	—	—		11.8		—		—		—		11.8
Employee stock purchase plan issuances	—	—		0.3		—		—		—		0.3
Cash dividends of $0.15 per share paid on common stock	—	—		—		(4.7)		—		—		(4.7)
Stock options exercised	—	—		5.1		—		—		—		5.1
Repurchases of common stock	(0.1)	—		—		—		—		(17.6)		(17.6)
Balance, February 29, 2024	30.8	0.5		1,087.7		3,686.4		(112.7)		(2,512.3)		2,149.6
Net income	—	—		—		113.9		—		—		113.9
Other comprehensive income	—	—		—		—		0.8		—		0.8
Share-based payment amortization, issuances, and cancellations	—	—		10.7		—		—		—		10.7
Employee stock purchase plan issuances	—	—		0.4		—		—		—		0.4
Cash dividends of $0.15 per share paid on common stock	—	—		—		(4.6)		—		—		(4.6)
Stock options exercised	—	—		4.6		—		—		—		4.6
Repurchases of common stock	(0.1)	—		—		—		—		(20.7)		(20.7)
Balance, May 31, 2024	30.7	$	0.5	$	1,103.4	$	3,795.7	$	(111.9)	$	(2,533.0)	$	2,254.7

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(1) Share activity and balances above are calculated using rounded numbers.


	Common Stock Outstanding
	Shares(1)	Amount		Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Loss		Treasury Stock, at cost		Total
Balance, August 31, 2022	32.5	$	0.5	$	1,036.3	$	3,176.2	$	(125.8)	$	(2,175.4)	$	1,911.8
Net income	—	—		—		74.9		—		—		74.9
Other comprehensive loss	—	—		—		—		(0.4)		—		(0.4)


Share-based payment amortization, issuances, and cancellations	0.2	—		(1.8)		—		—		—		(1.8)
Employee stock purchase plan issuances	—	—		0.5		—		—		—		0.5
Cash dividends of $0.13 per share paid on common stock	—	—		—		(4.3)		—		—		(4.3)
Stock options exercised	—	—		0.4		—		—		—		0.4
Repurchases of common stock	(0.5)	—		—		—		—		(77.6)		(77.6)
Balance, November 30, 2022	32.2	0.5		1,035.4		3,246.8		(126.2)		(2,253.0)		1,903.5
Net income	—	—		—		83.2		—		—		83.2
Other comprehensive loss	—	—		—		—		(0.1)		—		(0.1)
Share-based payment amortization, issuances, and cancellations	—	—		10.9		—		—		—		10.9
Employee stock purchase plan issuances	—	—		0.3		—		—		—		0.3
Cash dividends of $0.13 per share paid on common stock	—	—		—		(4.2)		—		—		(4.2)
Stock options exercised	—	—		0.5		—		—		—		0.5
Repurchases of common stock	(0.2)	—		—		—		—		(46.5)		(46.5)
Balance, February 28, 2023	32.0	0.5		1,047.1		3,325.8		(126.3)		(2,299.5)		1,947.6
Net income	—	—		—		105.0		—		—		105.0
Other comprehensive income	—	—		—		—		6.3		—		6.3
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	—	—		—		(4.2)		—		—		(4.2)

Repurchases of common stock	(0.6)	—		—		—		—		(94.7)		(94.7)
Balance, May 31, 2023	31.4	$	0.5	$	1,056.9	$	3,426.6	$	(120.0)	$	(2,394.2)	$	1,969.8

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(1) Share activity and balances above are calculated using rounded numbers.