Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE (Details)

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EARNINGS PER SHARE (Details) - USD ($)
$ / shares in Units, $ in Thousands
 12 Months Ended
Aug. 31, 2021
Aug. 31, 2020
EARNINGS PER SHARE [Abstract]    
Anti-dilutive securities excluded from calculation of loss per common share (in shares) 0 50,000
Earnings Per Share [Abstract]    
Net income $ 20,110 $ 6,750
Basic weighted average common shares (in shares) 23,890,792 23,845,015
Effect of dilutive securities (in shares) 220,126 216,597
Weighted average shares applicable to diluted earnings per share (in shares) 24,110,918 24,061,612
Earnings per share - basic (in dollars per share) $ 0.84 $ 0.28
Earnings per share - Diluted (in dollars per share) $ 0.83 $ 0.28