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Earnings Per Common Share | 12 Months Ended
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Aug. 31, 2019
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,
| 2019 |  | 2018 |  | 2017
Net income | $ | 55,908 |  | $ | 65,215 |  | $ | 52,930
Less: Net income allocated to participating securities |  | (333) |  |  | (423) |  |  | (323)
Net income available to common shareholders | $ | 55,575 |  | $ | 64,792 |  | $ | 52,607
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,
| 2019 |  | 2018 |  | 2017
Weighted-average common shares outstanding, basic |  | 13,799 |  |  | 13,929 |  |  | 14,089
Weighted-average dilutive securities |  | 31 |  |  | 33 |  |  | 34
Weighted-average common shares outstanding, diluted |  | 13,830 |  |  | 13,962 |  |  | 14,123
For the fiscal year ended August 31, 2019, weighted-average stock-based equity awards outstanding that are non-participating securities in the amount of 1,082 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 years ended August 31, 2018 and 2017.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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