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Earnings per Common Share
 3 Months Ended
Nov. 30, 2023
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):
Three Months Ended November 30,
20232022
Net income$17,482 $13,997 
Less: Net income allocated to participating securities(66)(54)
Net income available to common stockholders$17,416 $13,943 
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 November 30,
20232022
Weighted-average common shares outstanding, basic13,560 13,590 
Weighted-average dilutive securities24 19 
Weighted-average common shares outstanding, diluted13,584 13,609 
For the three months ended November 30, 2023 and 2022, weighted-average stock-based equity awards outstanding that are non-participating securities in the amount of 5,404 and 7,471, respectively, were excluded from the calculation of diluted EPS under the treasury stock method as they were anti-dilutive.