XML 23 R10.htm IDEA: XBRL DOCUMENT
v3.7.0.1

EARNINGS PER SHARE | 6 Months Ended
--- | ---
Feb. 28, 2017
EARNINGS PER SHARE [Abstract] |
EARNINGS PER SHARE | NOTE 3 – EARNINGS PER SHARE ﻿ The Company presents basic net income per share using the two-class method. The two-class method is an earnings allocation formula that treats a participating security as having rights to earnings that otherwise would have been available to common stockholders and that determines basic net income per share for each class of common stock and participating security according to dividends declared (or accumulated) and participation rights in undistributed earnings that would have been available to common stockholders. A participating security is defined as a security that may participate in undistributed earnings with common stock. The Company’s capital structure includes securities that participate with common stock on a one-for-one basis for distribution of dividends. These are the restricted stock awards and restricted stock units authorized within the 2013 Equity Incentive Award Plan. The Company determines the diluted net income per share by using the more dilutive of the two class-method or the treasury stock method and by including the basic weighted average of outstanding stock options in the calculation of diluted net income per share under the two-class method and including all potential common shares assumed issued in the calculation of diluted net income per share under the treasury stock method. ﻿ The following table sets forth the computation of net income per share for the three and six months ended February 28, 2017 and February 29, 2016 (in thousands, except per share amounts): ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | Three Months Ended |  | Six Months Ended
﻿ |  | February 28, |  | February 29, |  | February 28, |  | February 29,
﻿ |  | 2017 |  | 2016 |  | 2017 |  | 2016
﻿Net income |  | $ | 27,219 |  | $ | 25,942 |  | $ | 52,088 |  | $ | 49,614
﻿Less: Allocation of income to unvested stockholders |  |  | (345) |  |  | (371) |  |  | (758) |  |  | (742)
﻿Net earnings available to common stockholders |  | $ | 26,874 |  | $ | 25,571 |  | $ | 51,330 |  | $ | 48,872
﻿Basic weighted average shares outstanding |  |  | 30,004 |  |  | 29,914 |  |  | 29,993 |  |  | 29,902
﻿Add dilutive effect of stock options (two-class method) |  |  | 4 |  |  | 5 |  |  | 4 |  |  | 5
﻿Diluted average shares outstanding |  |  | 30,008 |  |  | 29,919 |  |  | 29,997 |  |  | 29,907
﻿Basic net income per share |  | $ | 0.90 |  | $ | 0.85 |  | $ | 1.72 |  | $ | 1.63
﻿Diluted net income per share |  | $ | 0.90 |  | $ | 0.85 |  | $ | 1.72 |  | $ | 1.63

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -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 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration