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Earnings per Common Share
 6 Months Ended
Feb. 29, 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):
Three Months Ended February 29/28,Six Months Ended February 29/28,
2024202320242023
Net income$15,536 $16,526 $33,018 $30,523 
Less: Net income allocated to participating securities(56)(71)(122)(125)
Net income available to common stockholders$15,480 $16,455 $32,896 $30,398 
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 February 29/28,Six Months Ended February 29/28,
2024202320242023
Weighted-average common shares outstanding, basic13,558 13,583 13,559 13,586 
Weighted-average dilutive securities25 25 24 22 
Weighted-average common shares outstanding, diluted13,583 13,608 13,583 13,608 
For the three months ended February 29, 2024, there were no anti-dilutive stock-based equity awards outstanding. For the six months ended February 29, 2024, weighted-average stock-based equity awards outstanding that are non-participating securities in the amount of 2,702 were excluded from the calculation of diluted EPS under the treasury stock method as they were anti-dilutive.
For the three and six months ended February 28, 2023, weighted-average stock-based equity awards outstanding that are non-participating securities in the amount of 10,734 and 9,103, respectively, were excluded from the calculation of diluted EPS under the treasury stock method as they were anti-dilutive.