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STOCKHOLDERS’ EQUITY AND EARNINGS PER SHARE (Tables)
3 Months Ended
Nov. 30, 2024
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 November 30,
(in thousands, except share and per share data)20242023
Net earnings (loss)$(175,718)$176,273 
Average basic shares outstanding114,053,455 116,771,939 
Effect of dilutive securities— 1,582,974 
Average diluted shares outstanding114,053,455 118,354,913 
Earnings (loss) per share:
Basic$(1.54)$1.51 
Diluted(1.54)1.49 
For the three months ended November 30, 2024, there were 1,413,248 shares that could potentially dilute basic EPS in the future that were not included in the computation of average diluted shares outstanding due to the Company's net loss position.