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



	Fiscal Year Ended August 31,
	2021		2020		2019
Net income	$	70,229	$	60,710	$	55,908
Less: Net income allocated to participating securities		(277)		(294)		(333)
Net income available to common shareholders	$	69,952	$	60,416	$	55,575

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,
	2021		2020		2019
Weighted-average common shares outstanding, basic		13,698		13,691		13,799
Weighted-average dilutive securities		35		28		31
Weighted-average common shares outstanding, diluted		13,733		13,719		13,830

There were no anti-dilutive stock-based equity awards outstanding for the fiscal years ended August 31, 2021. For the fiscal years ended August 31, 2020 and 2019,weighted-average stock-based equity awards outstanding that are non-participating securities in the amount of 6,172 and 1,082, respectively, were excluded from the calculation of diluted EPS under the treasury stock method as they were anti-dilutive.