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Earnings Per Common Share | 12 Months Ended
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Aug. 31, 2015
Earnings Per Common Share [Abstract] |
Earnings Per Common Share | Note 9. Earnings per Common Share The table below reconciles net income to net income available to common shareholders (in thousands):
| Fiscal Year Ended August 31,
| 2015 |  | 2014 |  | 2013
Net income | $ | 44,807 |  | $ | 43,746 |  | $ | 39,813
Less: Net income allocated to participating securities |  | (271) |  |  | (238) |  |  | (196)
Net income available to common shareholders | $ | 44,536 |  | $ | 43,508 |  | $ | 39,617
The table below summarizes the weighted-average number of common shares outstanding included in the calculation of basic and diluted EPS (in thousands):
| Fiscal Year Ended August 31,
| 2015 |  | 2014 |  | 2013
Weighted-average common shares outstanding, basic |  | 14,582 |  |  | 15,072 |  |  | 15,517
Weighted-average dilutive securities |  | 67 |  |  | 76 |  |  | 102
Weighted-average common shares outstanding, diluted |  | 14,649 |  |  | 15,148 |  |  | 15,619
For the fiscal year s ended August 31, 2015 and 2014, weighted-average stock-based equity awards outstanding that are non-participating securities in the amounts of 1,337 and 4,454, respectively, were excluded from the calculation of diluted EPS under the treasury stock method as they were anti-dilutive. There were no anti-dilutive stock-based equity awards outstanding for the fiscal year ended August 31, 2013.

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