Earnings Per Share (Tables)
 9 Months Ended
May 31, 2014
Earnings Per Share [Abstract]  
Reconciliation of Income from Operations Applicable to Common Shares and Computation of Diluted Weighted Average Shares Outstanding

The following table presents the reconciliation of income from operations to income from operations applicable to common shares and the computation of diluted weighted-average shares outstanding:

 

     Three Months Ended May 31,     Nine Months Ended May 31,  
(In thousands)    2014     2013     2014     2013  

Numerator:

         

Net income

    $ 3,071      $ 2,058      $ 4,798      $ 4,956   

Less: Allocation to participating securities

      (16 )      (4 )      (14 )      (15 ) 
  

 

 

    

 

 

    

 

 

    

 

 

  

Net income applicable to common shares

    $ 3,055      $ 2,054      $ 4,784      $ 4,941   
  

 

 

    

 

 

    

 

 

    

 

 

  

Denominator:

         

Weighted average common shares outstanding, basic

      12,532        12,395        12,502        12,349   

Dilutive stock options and awards

      343        275        345        199   
  

 

 

    

 

 

    

 

 

    

 

 

  

Weighted average common shares outstanding, diluted

      12,875        12,670        12,847        12,548