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Earnings Per Share (Tables) | 6 Months Ended
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Feb. 28, 2025
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 |  | Six Months Ended
| February 28, 2025 |  | February 29, 2024 |  | February 28, 2025 |  | February 29, 2024
Net income | $ | 77.5 |  |  | $ | 89.2 |  |  | $ | 184.2 |  |  | $ | 189.8 |
Basic weighted average shares outstanding | 30.999 |  |  | 30.864 |  |  | 30.957 |  |  | 30.940 |
Common stock equivalents | 0.701 |  |  | 0.535 |  |  | 0.785 |  |  | 0.448 |
Diluted weighted average shares outstanding | 31.700 |  |  | 31.399 |  |  | 31.742 |  |  | 31.388 |
Basic earnings per share(1) | $ | 2.50 |  |  | $ | 2.89 |  |  | $ | 5.95 |  |  | $ | 6.13 |
Diluted earnings per share(1) | $ | 2.45 |  |  | $ | 2.84 |  |  | $ | 5.80 |  |  | $ | 6.05 |
_______________________________________ (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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