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STOCKHOLDERS’ EQUITY AND EARNINGS PER SHARE (Tables) | 9 Months Ended
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May 31, 2020
Earnings Per Share [Abstract] |
Calculations of the basic and diluted earnings per share from continuing operations | The calculations of basic and diluted earnings per share from continuing operations were as follows:
|  | Three Months Ended May 31, |  |  |  | Nine Months Ended May 31, |  |
(in thousands, except share data) |  | 2020 |  | 2019 |  | 2020 |  | 2019
Earnings from continuing operations |  | $ | 64,169 |  |  | $ | 78,551 |  |  | $ | 210,520 |  |  | $ | 112,899 |
Basic earnings per share: |  |  |  |  |  |  |  |
Shares outstanding for basic earnings per share |  | 119,192,962 |  |  | 118,045,362 |  |  | 118,828,870 |  |  | 117,762,945 |
Basic earnings per share from continuing operations |  | $ | 0.54 |  |  | $ | 0.67 |  |  | $ | 1.77 |  |  | $ | 0.96 |
Diluted earnings per share: |  |  |  |  |  |  |  |
Shares outstanding for basic earnings per share |  | 119,192,962 |  |  | 118,045,362 |  |  | 118,828,870 |  |  | 117,762,945 |
Effect of dilutive securities: |  |  |  |  |  |  |  |
Stock-based incentive/purchase plans |  | 1,085,779 |  |  | 1,100,204 |  |  | 1,448,867 |  |  | 1,250,069 |
Shares outstanding for diluted earnings per share |  | 120,278,741 |  |  | 119,145,566 |  |  | 120,277,737 |  |  | 119,013,014 |
Diluted earnings per share from continuing operations |  | $ | 0.53 |  |  | $ | 0.66 |  |  | $ | 1.75 |  |  | $ | 0.95 |
Anti-dilutive shares not included above were immaterial for all periods presented. Restricted stock is 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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- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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