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Earnings per Common Share
 12 Months Ended
Aug. 31, 2024
Earnings Per Share [Abstract]  
Earnings per Common Share Earnings per Common Share
The table below reconciles net income to net income available to common stockholders (in thousands):
Fiscal Year Ended August 31,
202420232022
Net income$69,644 $65,993 $67,329 
Less: Net income allocated to participating securities(246)(272)(251)
Net income available to common stockholders$69,398 $65,721 $67,078 
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,
202420232022
Weighted-average common shares outstanding, basic13,55413,57813,668
Weighted-average dilutive securities262628
Weighted-average common shares outstanding, diluted13,58013,60413,696
For the fiscal years ended August 31, 2024, 2023 and 2022, weighted-average stock-based equity awards outstanding that are non-participating securities in the amount of 1,351, 4,551 and 8,724, respectively, were excluded from the calculation of diluted EPS under the treasury stock method as they were anti-dilutive.