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Net Income Per Share
9 Months Ended
May 31, 2022
Net Income Per Share [Abstract]  
Net Income Per Share

NOTE 8 – NET INCOME PER SHARE

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

Quarter Ended

Three Quarters Ended

May 31,

May 31,

May 31,

May 31,

2022

2021

2022

2021

Numerator for basic and

diluted loss per share:

Net income

$

7,162

$

12,754 

$

12,852

$

11,816 

Denominator for basic and

diluted loss per share:

Basic weighted average shares

outstanding

14,173 

14,145 

14,244 

14,068 

Effect of dilutive securities:

Other stock-based awards

2 

11 

29 

65 

Diluted weighted average

shares outstanding

14,175 

14,156 

14,273 

14,133 

EPS Calculations:

Net income per share:

Basic

$

0.51

$

0.90 

$

0.90

$

0.84 

Diluted

0.51

0.90 

0.90

0.84