STOCKHOLDERS’ EQUITY AND EARNINGS PER SHARE (Tables)

6 Months Ended

Feb. 28, 2026

Calculations of the basic and diluted earnings per share from continuing operations

The calculations of basic and diluted EPS were as follows:


	Three Months Ended February 28,				Six Months Ended February 28,
(in thousands, except share and per share data)	2026		2025		2026		2025
Net earnings (loss)	$	93,032	$	25,473	$	270,314	$	(150,245)

Average basic shares outstanding	110,960,062		113,564,436		111,014,543		113,811,675
Effect of dilutive securities	957,892		945,857		1,139,736		—
Average diluted shares outstanding	111,917,954		114,510,293		112,154,279		113,811,675

Earnings (loss) per share:
Basic	$	0.84	$	0.22	$	2.43	$	(1.32)
Diluted	0.83		0.22		2.41		(1.32)

For all periods presented except for the six months ended February 28, 2025, the Company had immaterial anti-dilutive shares, which were not included in the computation of average diluted shares outstanding. For the six months ended February 28, 2025, the Company had 1,270,113 shares that were excluded from the computation of average diluted shares outstanding due to the Company's net loss position.