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Net Earnings Per Share | 12 Months Ended
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Aug. 31, 2016
Net Earnings Per Share [Abstract] |
Net Earnings Per Share | Note 4 – Net Earnings Per Share ﻿ The following table shows the computation of basic and diluted net earnings per share for fiscal 2016, 2015, and 2014: ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |
﻿ |  | For the years ended August 31,
﻿($ and shares in thousands, except per share amounts) |  | 2016 |  | 2015 |  | 2014
﻿Numerator: |  |  |  |  |  |  |  |  |
﻿ Net earnings |  | $ | 20,267 |  | $ | 26,309 |  | $ | 51,512
﻿ |  |  |  |  |  |  |  |  |
﻿Denominator: |  |  |  |  |  |  |  |  |
﻿ Weighted average shares outstanding |  |  | 10,906 |  |  | 11,818 |  |  | 12,832
﻿ Diluted effect of stock equivalents |  |  | 24 |  |  | 37 |  |  | 50
﻿ Weighted average shares outstanding assuming dilution |  |  | 10,930 |  |  | 11,855 |  |  | 12,882
﻿ |  |  |  |  |  |  |  |  |
﻿Basic net earnings per share |  | $ | 1.86 |  | $ | 2.23 |  | $ | 4.01
﻿Diluted net earnings per share |  | $ | 1.85 |  | $ | 2.22 |  | $ | 4.00
﻿ Certain stock options and restricted stock units were excluded from the computation of diluted net earnings per share because their effect would have been anti-dilutive. Performance stock units are excluded from the calculation of dilutive potential common shares until the threshold performance conditions have been satisfied. The following table shows the securities excluded from the computation of earnings per share because their effect would have been anti-dilutive: ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |
﻿ |  | For the years ended August 31,
﻿(Units and options in thousands) |  | 2016 |  | 2015 |  | 2014
﻿Restricted stock units |  |  | 5 |  |  | 3 |  |  | 3
﻿Stock options |  |  | 89 |  |  | 50 |  |  | 44
﻿ |  |  |  |  |  |  |  |  |
﻿ ﻿

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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