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Net Earnings Per Share (Tables) | 9 Months Ended
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May 31, 2024
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 nine months ended May 31, 2024 and 2023:
|  | Three months ended |  |  | Nine months ended |
($ and shares in thousands, except per share amounts) |  | May 31, 2024 |  |  | May 31, 2023 |  |  | May 31, 2024 |  |  | May 31, 2023 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net earnings |  | $ | 20,379 |  |  | $ | 16,881 |  |  | $ | 53,521 |  |  | $ | 53,150 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding |  |  | 10,996 |  |  |  | 11,008 |  |  |  | 11,016 |  |  |  | 11,001 |
Diluted effect of stock awards |  |  | 34 |  |  |  | 44 |  |  |  | 39 |  |  |  | 62 |
Weighted average shares outstanding assuming dilution |  |  | 11,030 |  |  |  | 11,052 |  |  |  | 11,055 |  |  |  | 11,063 |
Basic net earnings per share |  | $ | 1.85 |  |  | $ | 1.53 |  |  | $ | 4.86 |  |  | $ | 4.83 |
Diluted net earnings per share |  | $ | 1.85 |  |  | $ | 1.53 |  |  | $ | 4.84 |  |  | $ | 4.80 |

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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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