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EARNINGS PER SHARE
 12 Months Ended
Aug. 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 fiscal year. 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:
Years Ended August 31,
(in thousands, except per share data)202620252024
Numerator
Net income used for calculating Basic EPS and Diluted EPS$533,481 $597,040 $537,126 
Denominator
Weighted average common shares used in the calculation of Basic EPS36,467 37,924 38,059 
Common stock equivalents associated with stock-based compensation plans
145 461 559 
Shares used in the calculation of Diluted EPS36,612 38,385 38,618 
Basic EPS$14.63 $15.74 $14.11 
Diluted EPS$14.57 $15.55 $13.91 
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 each fiscal year:
Years Ended August 31,
(in thousands)
202620252024
Stock options
1,599 791 381 
Restricted Stock Awards
256 87 88