v3.26.1
Earnings Per Share (Tables)
 9 Months Ended
May 31, 2026
Earnings Per Share [Abstract]  
Schedule of Components of Basic and Diluted Earnings Per Share

The components of basic and diluted earnings per share consist of the following for the respective periods:

 

 

Three Months Ended May 31,

 

 

Nine Months Ended May 31,

 

(In thousands, except per share data)

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to Phoenix Education Partners, Inc. (basic and diluted)

 

$

39,167

 

 

$

53,841

 

 

$

65,401

 

 

$

116,382

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

 

35,882

 

 

 

35,560

 

 

 

35,766

 

 

 

35,542

 

Dilutive effect of stock options(1)

 

 

2,887

 

 

 

2,346

 

 

 

2,904

 

 

 

2,240

 

Dilutive effect of restricted stock units(1)

 

 

151

 

 

 

60

 

 

 

129

 

 

 

49

 

Diluted weighted average shares outstanding

 

 

38,920

 

 

 

37,966

 

 

 

38,799

 

 

 

37,831

 

Basic income per share attributable to Phoenix Education Partners, Inc.

 

$

1.09

 

 

$

1.51

 

 

$

1.83

 

 

$

3.27

 

Diluted income per share attributable to Phoenix Education Partners, Inc.

 

$

1.01

 

 

$

1.42

 

 

$

1.69

 

 

$

3.08

 

 

(1)
Diluted shares during both the three and nine months ended May 31, 2026 excludes approximately 0.5 million performance share units that are contingently issuable shares as they vest upon achievement of performance conditions. Additionally, approximately 2.1 million outstanding stock options and 0.1 million restricted stock units are excluded from both the three and nine months ended May 31, 2025 because such awards were contingently issuable shares as they vested upon certain changes in control or achievement of performance conditions.