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Earnings per Common Share
 9 Months Ended
May 31, 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 May 31,Nine Months Ended May 31,
2025202420252024
Net income$20,977 $19,842 $69,753 $52,860 
Less: Net income allocated to participating securities(54)(67)(204)(189)
Net income available to common stockholders$20,923 $19,775 $69,549 $52,671 
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 May 31,Nine Months Ended May 31,
2025202420252024
Weighted-average common shares outstanding, basic13,544 13,552 13,548 13,556 
Weighted-average dilutive securities23 25 22 25 
Weighted-average common shares outstanding, diluted13,567 13,577 13,570 13,581 
For the three months ended May 31, 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 May 31, 2024, there were no anti-dilutive stock-based equity awards outstanding.
For the nine months ended May 31, 2025 and 2024, weighted-average stock-based equity awards outstanding that are non-participating securities in the amount of 8,425 and 1,801, respectively, were excluded from the calculation of diluted EPS under the treasury stock method as they were anti-dilutive.