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Earnings Per Share (Tables)
6 Months Ended
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 EndedSix Months Ended
February 28, 2025February 29, 2024February 28, 2025February 29, 2024
Net income$77.5 $89.2 $184.2 $189.8 
Basic weighted average shares outstanding30.999 30.864 30.957 30.940 
Common stock equivalents0.701 0.535 0.785 0.448 
Diluted weighted average shares outstanding31.700 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 
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(1) Earnings per share is calculated using unrounded numbers. Amounts in the table may not recalculate exactly due to rounding.