| Schedule of determination of earnings per share under the two-class method |
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Three Months Ended May 31,
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Nine Months Ended May 31,
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2020
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2019
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2020
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2019
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Basic Earnings per Share
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Net income
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$
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9,908
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$
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8,541
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$
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25,149
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$
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22,637
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Less: Allocated to participating securities
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86
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68
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201
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177
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Net income available to common shareholders
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$
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9,822
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$
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8,473
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$
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24,948
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$
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22,460
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Basic weighted average shares outstanding
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9,363,559
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9,337,436
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9,357,176
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9,333,098
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Net income per share - Basic
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$
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1.05
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$
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0.91
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$
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2.67
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$
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2.41
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Diluted Earnings per Share
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Net income
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$
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9,908
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$
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8,541
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$
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25,149
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$
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22,637
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Less: Allocated to participating securities
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86
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68
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201
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177
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Net income available to common shareholders
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$
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9,822
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$
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8,473
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$
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24,948
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$
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22,460
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Basic weighted average shares outstanding
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9,363,559
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9,337,436
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9,357,176
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9,333,098
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Additional dilutive common stock equivalents
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65,704
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41,474
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78,721
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44,650
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Diluted weighted average shares outstanding
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9,429,263
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9,378,910
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9,435,897
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9,377,748
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Net income per share - Diluted
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$
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1.04
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$
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0.90
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$
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2.64
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$
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2.39
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