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STOCKHOLDERS’ EQUITY AND EARNINGS PER SHARE (Tables)
9 Months Ended
May 31, 2025
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 May 31,Nine Months Ended May 31,
(in thousands, except share and per share data)2025202420252024
Net earnings (loss)$83,126 $119,440 $(67,119)$381,560 
Average basic shares outstanding112,700,136 115,529,942 113,437,950 116,228,826 
Effect of dilutive securities859,320 1,134,943 — 1,354,229 
Average diluted shares outstanding113,559,456 116,664,885 113,437,950 117,583,055 
Earnings (loss) per share:
Basic$0.74 $1.03 $(0.59)$3.28 
Diluted0.73 1.02 (0.59)3.25 
For all periods except for the nine months ended May 31, 2025, the Company had immaterial anti-dilutive shares, which were not included in the computation of average diluted shares outstanding. For the nine months ended May 31, 2025, the Company had 1,134,029 shares that were excluded from the computation of average diluted shares outstanding due to the Company's net loss position.