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Earnings Per Share (Tables) | 3 Months Ended
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Nov. 30, 2024
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 periods presented (in millions, except per share data):
| Three Months Ended |  |
| November 30, 2024 |  | November 30, 2023 |  |  |  |
Net income | $ | 106.7 |  |  | $ | 100.6 |  |  |  |  |
Basic weighted average shares outstanding | 30.930 |  |  | 31.005 |  |  |  |  |
Common stock equivalents | 0.869 |  |  | 0.360 |  |  |  |  |
Diluted weighted average shares outstanding | 31.799 |  |  | 31.365 |  |  |  |  |
Basic earnings per share(1) | $ | 3.45 |  |  | $ | 3.25 |  |  |  |  |
Diluted earnings per share(1) | $ | 3.35 |  |  | $ | 3.21 |  |  |  |  |
_______________________________________ (1) Earnings per share is calculated using unrounded numbers. Amounts in the table may not recalculate exactly due to rounding.

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- 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 -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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