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Earnings Per Common Share
 3 Months Ended
Nov. 30, 2011
Earnings Per Common Share [Abstract]  
Earnings Per Common Share

Note 10. Earnings per Common Share

The table below reconciles net income to net income available to common shareholders (in thousands):

 

     Three Months Ended November 30,  
     2011     2010  

Net income

    $ 6,792      $ 9,079   

Less: Net income allocated to participating securities

      (27 )      (31 ) 
  

 

 

    

 

 

  

Net income available to common shareholders

    $ 6,765      $ 9,048   
  

 

 

    

 

 

  

The table below summarizes the weighted-average number of common shares outstanding included in the calculation of basic and diluted EPS (in thousands):

 

     Three Months Ended November 30,  
     2011      2010  

Weighted-average common shares outstanding, basic

      16,074         16,796   

Weighted-average dilutive securities

      131         195   
  

 

 

     

 

 

  

Weighted-average common shares outstanding, diluted

      16,205         16,991   
  

 

 

     

 

 

  

For the three months ended November 30, 2011 and 2010, there were no anti-dilutive stock options outstanding.