v3.22.4
Net (Loss) Income Per Share
3 Months Ended
Nov. 30, 2022
Earnings Per Share [Abstract]  
Net Income Per Share

Note 10 - Net (Loss) Income Per Share

The following table sets forth the information used to compute basic and diluted net (loss) income per share attributable to SSI shareholders (in thousands):

 

 

 

Three Months Ended November 30,

 

 

 

2022

 

 

2021

 

(Loss) income from continuing operations

 

$

(17,487

)

 

$

47,305

 

Net income attributable to noncontrolling interests

 

 

(232

)

 

 

(1,077

)

(Loss) income from continuing operations attributable to SSI shareholders

 

$

(17,719

)

 

$

46,228

 

Loss from discontinued operations, net of tax

 

 

(69

)

 

 

(29

)

Net (loss) income attributable to SSI shareholders

 

$

(17,788

)

 

$

46,199

 

Computation of shares:

 

 

 

 

 

 

Weighted average common shares outstanding, basic

 

 

27,723

 

 

 

28,159

 

Incremental common shares attributable to dilutive performance share awards, restricted stock units and deferred stock units

 

 

 

 

 

1,726

 

Weighted average common shares outstanding, diluted

 

 

27,723

 

 

 

29,885

 

Common stock equivalent shares of 1,084,867 and 89,068 were considered antidilutive and were excluded from the calculation of diluted net (loss) income per share for the three months ended November 30, 2022 and 2021, respectively.