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STOCKHOLDERS’ EQUITY AND EARNINGS PER SHARE (Tables) | 3 Months Ended
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Nov. 30, 2021
Earnings Per Share [Abstract] |
Calculations of the basic and diluted earnings per share from continuing operations | The calculations of basic and diluted EPS from continuing operations were as follows:
|  | Three Months Ended November 30, |  |
(in thousands, except share and per share data) |  | 2021 |  | 2020 |  |  |  |
Earnings from continuing operations |  | $ | 232,889 |  |  | $ | 63,911 |  |  |  |  |
Average basic shares outstanding |  | 121,129,679 |  |  | 119,762,706 |  |  |  |  |
Effect of dilutive securities |  | 1,668,059 |  |  | 1,365,338 |  |  |  |  |
Average diluted shares outstanding |  | 122,797,738 |  |  | 121,128,044 |  |  |  |  |
Earnings per share from continuing operations: |  |  |  |  |  |  |  |
Basic |  | $ | 1.92 |  |  | $ | 0.53 |  |  |  |  |
Diluted |  | $ | 1.90 |  |  | $ | 0.53 |  |  |  |  |

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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=6371337&loc=d3e3550-109257 + Details
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