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Net Earnings Per Share (Tables)
3 Months Ended
Nov. 30, 2019
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Earnings Per Share

The following table shows the computation of basic and diluted net earnings per share for the three months ended November 30, 2019 and 2018:

 

 

 

Three months ended

 

($ and shares in thousands, except per share amounts)

 

November 30,

2019

 

 

November 30,

2018

 

Numerator:

 

 

 

 

 

 

 

 

Net earnings

 

$

8,345

 

 

$

1,212

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

10,795

 

 

 

10,766

 

Diluted effect of stock awards

 

 

33

 

 

 

40

 

Weighted average shares outstanding assuming

   dilution

 

 

10,828

 

 

 

10,806

 

 

 

 

 

 

 

 

 

 

Basic net earnings per share

 

$

0.77

 

 

$

0.11

 

Diluted net earnings per share

 

$

0.77

 

 

$

0.11

 

 

Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share the following table shows the securities excluded from the computation of earnings per share because their effect would have been anti-dilutive:

 

 

 

Three months ended

 

(Units and options in thousands)

 

November 30,

2019

 

 

November 30,

2018

 

Restricted stock units

 

 

19

 

 

 

26

 

Stock options

 

 

 

 

 

35

 

Performance stock units

 

 

20