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EARNINGS PER SHARE | 12 Months Ended
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Aug. 31, 2020
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | NOTE 18. EARNINGS PER SHARE The calculations of basic and diluted earnings per share from continuing operations were as follows:
|  | Year Ended August 31, |  |  |  |
|  | 2020 |  | 2019 |  | 2018
Earnings from continuing operations |  | $ | 278,302 |  |  | $ | 198,779 |  |  | $ | 135,237 |
Basic earnings per share: |  |  |  |  |  |
Shares outstanding for basic earnings per share |  | 118,921,854 |  |  | 117,834,558 |  |  | 116,822,583 |
Basic earnings per share from continuing operations |  | $ | 2.34 |  |  | $ | 1.69 |  |  | $ | 1.16 |
Diluted earnings per share: |  |  |  |  |  |
Shares outstanding for basic earnings per share |  | 118,921,854 |  |  | 117,834,558 |  |  | 116,822,583 |
Effect of dilutive securities: |  |  |  |  |  |
Stock-based incentive/purchase plans |  | 1,387,767 |  |  | 1,290,070 |  |  | 1,323,265 |
Shares outstanding for diluted earnings per share |  | 120,309,621 |  |  | 119,124,628 |  |  | 118,145,848 |
Diluted earnings per share from continuing operations |  | $ | 2.31 |  |  | $ | 1.67 |  |  | $ | 1.14 |
Anti-dilutive shares not included in the table above were immaterial for all periods presented. Shares of the Company's restricted stock are included in the number of shares of common stock issued and outstanding but omitted from the basic earnings per share calculation until the shares vest.

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