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Net Earnings Per Share (Tables) | 12 Months Ended
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Aug. 31, 2023
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 fiscal 2023, 2022, and 2021:
|  | For the years ended August 31, |
($ and shares in thousands, except per share amounts) |  | 2023 |  |  | 2022 |  |  | 2021 |
Numerator: |  |  |  |  |  |  |  |  |
Net earnings |  | $ | 72,379 |  |  | $ | 65,469 |  |  | $ | 42,572 |
Denominator: |  |  |  |  |  |  |  |  |
Weighted average shares outstanding |  |  | 11,003 |  |  |  | 10,965 |  |  |  | 10,886 |
Diluted effect of stock equivalents |  |  | 59 |  |  |  | 66 |  |  |  | 99 |
Weighted average shares outstanding assuming dilution |  |  | 11,062 |  |  |  | 11,031 |  |  |  | 10,985 |
Basic net earnings per share |  | $ | 6.58 |  |  | $ | 5.97 |  |  | $ | 3.91 |
Diluted net earnings per share |  | $ | 6.54 |  |  | $ | 5.94 |  |  | $ | 3.88 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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