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Earnings per Common Share (Tables)
9 Months Ended
May 31, 2023
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Net Income to Net Income Available to Common Shareholders
The table below reconciles net income to net income available to common stockholders (in thousands):
Three Months Ended May 31,Nine Months Ended May 31,
2023202220232022
Net income$18,895 $14,480 $49,418 $52,543 
Less: Net income allocated to participating securities(82)(56)(207)(193)
Net income available to common stockholders$18,813 $14,424 $49,211 $52,350 
Schedule of Weighted Average Number of Shares
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 May 31,Nine Months Ended May 31,
2023202220232022
Weighted-average common shares outstanding, basic13,573 13,656 13,582 13,683 
Weighted-average dilutive securities27 24 24 29 
Weighted-average common shares outstanding, diluted13,600 13,680 13,606 13,712