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EARNINGS PER SHARE (Tables) | 12 Months Ended
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Aug. 31, 2022
Earnings Per Share [Abstract] |
Calculations of basic and diluted earnings per share from continuing operations | The calculations of basic and diluted EPS from continuing operations were as follows:
|  | Year Ended August 31,
(in thousands, except share and per share data) |  | 2022 |  | 2021 |  | 2020
Net earnings from continuing operations |  | $ | 1,217,262 |  |  | $ | 412,865 |  |  | $ | 278,302 |
Average basic shares outstanding |  | 120,648,090 |  |  | 120,338,357 |  |  | 118,921,854 |
Effect of dilutive securities |  | 1,724,296 |  |  | 1,645,140 |  |  | 1,387,767 |
Average diluted shares outstanding |  | 122,372,386 |  |  | 121,983,497 |  |  | 120,309,621 |
Earnings per share: |  |  |  |  |  |
Basic |  | $ | 10.09 |  |  | $ | 3.43 |  |  | $ | 2.34 |
Diluted |  | $ | 9.95 |  |  | $ | 3.38 |  |  | $ | 2.31 |

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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