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Income (Loss) Per Share
12 Months Ended
Aug. 31, 2021
Income (Loss) Per Share [Abstract]  
Income (Loss) Per Share

15. INCOME (LOSS) PER SHARE

The following schedule shows the calculation of income (loss) per share for the periods presented (in thousands, except per-share amounts).

YEAR ENDED

AUGUST 31,

2021

2020

2019

Numerator for basic and

diluted earnings per share:

Net income (loss)

$

13,623 

$

(9,435)

$

(1,023)

Denominator for basic and

diluted earnings per share:

Basic weighted average shares

outstanding

14,090 

13,892 

13,948 

Effect of dilutive securities:

Stock options and other

stock-based awards

53 

-

-

Diluted weighted average shares

outstanding

14,143 

13,892 

13,948 

EPS Calculations:

Net income (loss) per share:

Basic

$

0.97 

$

(0.68)

$

(0.07)

Diluted

0.96 

(0.68)

(0.07)