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STOCKHOLDERS’ EQUITY AND EARNINGS PER SHARE (Tables) | 6 Months Ended
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Feb. 28, 2023
Earnings Per Share [Abstract] |
Calculations of the basic and diluted earnings per share from continuing operations | The calculations of basic and diluted EPS were as follows:
|  | Three Months Ended February 28, |  | Six Months Ended February 28,
(in thousands, except share and per share data) |  | 2023 |  | 2022 |  | 2023 |  | 2022
Net earnings |  | $ | 179,849 |  |  | $ | 383,314 |  |  | $ | 441,623 |  |  | $ | 616,203 |
Average basic shares outstanding |  | 117,224,517 |  |  | 121,458,196 |  |  | 117,249,266 |  |  | 121,293,030 |
Effect of dilutive securities |  | 1,498,742 |  |  | 1,394,214 |  |  | 1,735,832 |  |  | 1,454,951 |
Average diluted shares outstanding |  | 118,723,259 |  |  | 122,852,410 |  |  | 118,985,098 |  |  | 122,747,981 |
Earnings per share: |  |  |  |  |  |  |  |
Basic |  | $ | 1.53 |  |  | $ | 3.16 |  |  | $ | 3.77 |  |  | $ | 5.08 |
Diluted |  | $ | 1.51 |  |  | $ | 3.12 |  |  | $ | 3.71 |  |  | $ | 5.02 |

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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 https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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