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Earnings Per Share
 6 Months Ended
Feb. 29, 2024
Earnings Per Share [Abstract]  
Earnings Per Share

NOTE 8 – EARNINGS 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

Two Quarters Ended

February 29,

February 28,

February 29,

February 28,

2024

2023

2024

2023

Numerator for basic and

diluted income per share:

Net income

$

874

$

1,739 

$

5,725

$

6,406 

Denominator for basic and

diluted income per share:

Basic weighted average shares

outstanding

13,263

13,900 

13,253

13,888 

Effect of dilutive securities:

Stock-based compensation awards

221

633 

307

632 

Diluted weighted average

shares outstanding

13,484

14,533 

13,560

14,520 

EPS Calculations:

Net income per share:

Basic

$

0.07

$

0.13 

$

0.43

$

0.46 

Diluted

0.06

0.12 

0.42

0.44