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STOCKHOLDERS’ EQUITY AND EARNINGS PER SHARE (Tables)
 9 Months Ended
May 31, 2021
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)2021202020212020
Earnings from continuing operations$130,408 $64,169 $260,552 $210,520 
Basic earnings per share:
Shares outstanding for basic earnings per share120,613,652 119,192,962 120,241,579 118,828,870 
Basic earnings per share from continuing operations$1.08 $0.54 $2.17 $1.77 
Diluted earnings per share:
Shares outstanding for basic earnings per share120,613,652 119,192,962 120,241,579 118,828,870 
Effect of dilutive securities:
Stock-based incentive/purchase plans1,580,003 1,085,779 1,610,565 1,448,867 
Shares outstanding for diluted earnings per share122,193,655 120,278,741 121,852,144 120,277,737 
Diluted earnings per share from continuing operations$1.07 $0.53 $2.14 $1.75