v3.26.1
EARNINGS PER SHARE
 9 Months Ended
May 31, 2026
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Basic earnings per common share ("Basic EPS") is computed by dividing net income by the number of weighted average common shares outstanding during the period. Diluted earnings per common share ("Diluted EPS") is calculated by using the treasury stock method which assumes the issuance of common stock for all potentially dilutive stock-based awards.
The following is a reconciliation of our Basic and Diluted EPS computations:
Three Months EndedNine Months Ended
May 31,May 31,
(in thousands, except per share data)2026202520262025
Numerator
Net income used for calculating Basic EPS and Diluted EPS$126,718 $148,542 $412,354 $443,424 
Denominator
Weighted average common shares used in the calculation of Basic EPS36,122 37,907 36,819 37,976 
Common stock equivalents associated with stock-based compensation plans
69 437 138 481 
Shares used in the calculation of Diluted EPS36,191 38,344 36,957 38,457 
Basic EPS$3.51 $3.92 $11.20 $11.68 
Diluted EPS$3.50 $3.87 $11.16 $11.53 
The following table presents the potential common shares that were excluded from Diluted EPS as they relate to stock-based awards that were antidilutive or subject to performance conditions which have not been satisfied by the end of the reporting period:
Three Months EndedNine Months Ended
May 31,May 31,
(in thousands)
2026202520262025
Stock options and stock options with performance conditions
1,839 888 1,616 759 
Restricted stock units and performance share units
313 93 280 95