v3.26.1
Earnings per Common Share
 9 Months Ended
May 31, 2026
Earnings Per Share [Abstract]  
Earnings per Common Share Earnings per Common Share
The table below reconciles net income to net income available to common stockholders (in thousands):
Three Months Ended May 31,Nine Months Ended May 31,
2026202520262025
Net income$30,216 $20,977 $67,985 $69,753 
Less: Net income allocated to participating securities(84)(54)(187)(204)
Net income available to common stockholders$30,132 $20,923 $67,798 $69,549 
The table below summarizes the weighted-average number of common shares outstanding included in the calculation of basic and diluted EPS (in thousands):
Three Months Ended May 31,Nine Months Ended May 31,
2026202520262025
Weighted-average common shares outstanding, basic13,452 13,544 13,487 13,548 
Weighted-average dilutive securities29 23 25 22 
Weighted-average common shares outstanding, diluted13,48113,56713,512 13,570 
For the three months ended May 31, 2026, there were no anti-dilutive stock-based equity awards outstanding. For the three months ended May 31, 2025, weighted-average stock-based equity awards outstanding that are non-participating securities in the amount of 9,544 were excluded from the calculation of diluted EPS under the treasury stock method as they were anti-dilutive.
For the nine months ended May 31, 2026 and 2025, weighted-average stock-based equity awards outstanding that are non-participating securities in the amount of 4,342 and 8,425, respectively, were excluded from the calculation of diluted EPS under the treasury stock method as they were anti-dilutive.