XML 70 R22.htm IDEA: XBRL DOCUMENT v3.3.0.814
Earnings Per Share
 12 Months Ended
Aug. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share

16.EARNINGS PER SHARE

 

The following is a reconciliation from basic earnings per share (EPS) to diluted EPS (in thousands, except per-share amounts).

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

YEAR ENDED

 

 

 

 

 

 

AUGUST 31,

 
2015 

 
2014 

 
2013 

Numerator for basic and

 

 

 

 

 

 

diluted earnings per share:

 

 

 

 

 

 

Net income

$
11,116 

$
18,067 

$
14,319 

 

 

 

 

 

 

 

Denominator for basic and

 

 

 

 

 

 

diluted earnings per share:

 

 

 

 

 

 

Basic weighted average shares

 

 

 

 

 

 

outstanding

 
16,742 

 
16,720 

 
17,348 

Effect of dilutive securities:

 

 

 

 

 

 

Stock options and other

 

 

 

 

 

 

share-based awards

 
181 

 
227 

 
91 

Common stock warrants

 

 -

 

 -

 
532 

Diluted weighted average shares

 

 

 

 

 

 

outstanding

 
16,923 

 
16,947 

 
17,971 

 

 

 

 

 

 

 

EPS Calculations:

 

 

 

 

 

 

Net income per share:

 

 

 

 

 

 

Basic

$
0.66 

$
1.08 

$
0.83 

Diluted

 
0.66 

 
1.07 

 
0.80 

 

Other securities, including performance share-based compensation instruments, may have a dilutive effect on our EPS calculation in future periods if our financial results reach specified targets (Note 11).