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Net Income Per Share
 9 Months Ended
May 31, 2023
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,

2023

2022

2023

2022

Numerator for basic and

diluted income per share:

Net income

$

4,563

$

7,162

$

10,969

$

12,852

Denominator for basic and

diluted income per share:

Basic weighted average shares

outstanding

13,621

14,173

13,799

14,244

Effect of dilutive securities:

Stock-based compensation awards

652

2

638

29

Diluted weighted average

shares outstanding

14,273

14,175

14,437

14,273

EPS Calculations:

Net income per share:

Basic

$

0.33

$

0.51

$

0.79

$

0.90

Diluted

0.32

0.51

0.76

0.90