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Net Earnings Per Share (Tables)
6 Months Ended
Feb. 29, 2020
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 and six months ended February 29, 2020 and February 28, 2019:

 

 

Three months ended

 

 

Six months ended

 

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

 

February 29,

2020

 

 

February 28,

2019

 

 

February 29,

2020

 

 

February 28,

2019

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings (loss)

 

$

5,516

 

 

$

(3,440

)

 

$

13,861

 

 

$

(2,228

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

10,825

 

 

 

10,786

 

 

 

10,810

 

 

 

10,776

 

Diluted effect of stock awards

 

 

32

 

 

 

 

 

 

33

 

 

 

 

Weighted average shares outstanding assuming

   dilution

 

 

10,857

 

 

 

10,786

 

 

 

10,843

 

 

 

10,776

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net earnings (loss) per share

 

$

0.51

 

 

$

(0.32

)

 

$

1.28

 

 

$

(0.21

)

Diluted net earnings (loss) per share

 

$

0.51

 

 

$

(0.32

)

 

$

1.28

 

 

$

(0.21

)

 

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

 

 

Six months ended

 

(Units and options in thousands)

 

February 29,

2020

 

 

February 28,

2019

 

 

February 29,

2020

 

 

February 28,

2019

 

Restricted stock units

 

 

4

 

 

 

7

 

 

 

11

 

 

 

17

 

Stock options

 

 

12

 

 

 

74

 

 

 

6

 

 

 

55

 

Performance stock units

 

 

 

 

 

10

 

 

 

10

 

 

 

5