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Earnings per Common Share
 6 Months Ended
Feb. 28, 2025
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 28/29,Six Months Ended February 28/29,
2025202420252024
Net income$29,851 $15,536 $48,776 $33,018 
Less: Net income allocated to participating securities(86)(56)(150)(122)
Net income available to common stockholders$29,765 $15,480 $48,626 $32,896 
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 28/29,Six Months Ended February 28/29,
2025202420252024
Weighted-average common shares outstanding, basic13,552 13,558 13,550 13,559 
Weighted-average dilutive securities20 25 22 24 
Weighted-average common shares outstanding, diluted13,572 13,583 13,572 13,583 
For the three months ended February 28, 2025, weighted-average stock-based equity awards outstanding that are non-participating securities in the amount of 9,544 were excluded from the calculation of diluted EPS under the treasury stock method as they were anti-dilutive. For the three months ended February 29, 2024, there were no anti-dilutive stock-based equity awards outstanding.
For the six months ended February 28, 2025 and February 29, 2024, weighted-average stock-based equity awards outstanding that are non-participating securities in the amount of 7,866 and 2,702, respectively, were excluded from the calculation of diluted EPS under the treasury stock method as they were anti-dilutive.