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Earnings per Common Share
 3 Months Ended
Nov. 30, 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 November 30,
20242023
Net income$18,925 $17,482 
Less: Net income allocated to participating securities(64)(66)
Net income available to common stockholders$18,861 $17,416 
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,
20242023
Weighted-average common shares outstanding, basic13,548 13,560 
Weighted-average dilutive securities25 24 
Weighted-average common shares outstanding, diluted13,573 13,584 
For the three months ended November 30, 2024 and 2023, weighted-average stock-based equity awards outstanding that are non-participating securities in the amount of 6,188 and 5,404, respectively, were excluded from the calculation of diluted EPS under the treasury stock method as they were anti-dilutive.