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EARNINGS PER SHARE
12 Months Ended
Aug. 31, 2026
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
NOTE 15. EARNINGS PER SHARE

Basic earnings per share ("EPS") is computed using the weighted average shares of common stock outstanding during the period. Restricted stock is included in the number of shares of common stock issued and outstanding, but excluded from the basic EPS calculation until the shares vest. Diluted EPS is computed based on the weighted average shares of common stock and the effect of dilutive securities outstanding during the period using the treasury stock method. The effect of dilutive securities includes the impact of outstanding stock-based incentive awards and shares purchased by employees through participation in the Company's employee stock purchase plan.

The calculations of basic and diluted EPS were as follows: 
Year Ended August 31,
(in thousands, except share and per share data)202620252024
Net earnings$655,849 $84,662 $485,491 
Average basic shares outstanding110,857,469 112,994,381 115,844,977 
Effect of dilutive securities1,007,398 1,092,369 1,307,575 
Average diluted shares outstanding111,864,867 114,086,750 117,152,552 
Earnings per share:
Basic$5.92 $0.75 $4.19 
Diluted5.86 0.74 4.14 

Anti-dilutive shares not included in the table above were immaterial for all periods presented.