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Income Per Share
 12 Months Ended
Aug. 31, 2019
Earnings Per Share [Abstract]  
Income Per Share
Income per Share

The following table reflects the calculation of basic and diluted income per share:
(in thousands, except per share data)
2019
 
2018
 
2017
Numerator
 
 
 
 
 
Net income
$
111,798

 
$
102,357

 
$
71,330

 
 
 
 
 
 
Denominator
 
 
 
 
 
Weighted average common shares outstanding
31,536

 
31,596

 
30,648

Dilutive impact of stock compensation awards
185

 
218

 
118

Weighted average common shares outstanding, assuming dilution
31,721

 
31,814

 
30,766

 
 
 
 
 
 
Anti-dilutive securities excluded from Weighted average common shares outstanding, assuming dilution
189

 
62

 
56

 
 
 
 
 
 
Basic income per common share
$
3.55

 
$
3.24

 
$
2.33

Diluted income per common share
$
3.52

 
$
3.22

 
$
2.32



Anti-dilutive securities were not included in the computation of diluted income per share, because they are considered anti-dilutive under the treasury stock method.