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Earnings per Share (Tables)
 12 Months Ended
Aug. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
Basic and diluted earnings per share are calculated as follows:
(in millions, except per share data)202420232022
Earnings per share - basic
Net income$13.0 $215.9 $390.6 
Weighted average common shares outstanding29.2 30.3 32.5 
Basic earnings per common share(1)
$0.44 $7.12 $12.03 
Earnings per share - diluted
Net income$13.0 $215.9 $390.6 
Interest expense on convertible notes, net of tax— 4.7 — 
Diluted net income$13.0 $220.6 $390.6 
Weighted average common shares outstanding29.2 30.3 32.5 
Dilutive impact of stock compensation awards0.3 0.3 0.5 
Dilutive impact of convertible notes— 4.8 — 
Weighted average common shares outstanding, assuming dilution29.5 35.4 33.0 
Anti-dilutive securities excluded from weighted average diluted common shares outstanding0.2 0.1 0.2 
Diluted earnings per common share(1)
$0.44 $6.23 $11.84 
(1)    Earnings per share amounts are calculated based on unrounded numbers and therefore may not recalculate using the rounded numbers provided.