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Earnings (Loss) Per Share
9 Months Ended
May 31, 2025
Earnings (Loss) Per Share [Abstract]  
Earnings (Loss) Per Share NOTE 6 – EARNINGS (LOSS) PER SHARE

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

Quarter Ended

Three Quarters Ended

May 31,

May 31,

May 31,

May 31,

2025

2024

2025

2024

Numerator for basic and

diluted income per share:

Net income (loss)

$

(1,409)

$

5,721 

$

(1,304)

$

11,446 

Denominator for basic and

diluted income per share:

Basic weighted average shares

outstanding

12,891 

13,160 

13,028 

13,222 

Effect of dilutive securities:

Stock-based compensation awards

-

218 

-

277 

Diluted weighted average

shares outstanding

12,891 

13,378 

13,028 

13,499 

EPS Calculations:

Net income (loss) per share:

Basic

$

(0.11)

$

0.43 

$

(0.10)

$

0.87 

Diluted

(0.11)

0.43 

(0.10)

0.85 

Since we incurred a net loss for the quarter and three quarters ended May 31, 2025, no potentially dilutive securities are included in the calculation of net loss per share because their inclusion would be anti-dilutive. The number of dilutive stock-based compensation awards as of May 31, 2025 would have been approximately 116,000 shares.