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