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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Aug. 31, 2013
Aug. 31, 2012
Aug. 31, 2011
Revenues $ 858,112 [1] $ 805,793 [1] $ 726,510 [1]
Operating expenses      
Cost of services 306,379 275,537 244,623
Selling, general and administrative 282,314 257,266 243,552
Total operating expenses 588,693 532,803 488,175
Operating income 269,419 272,990 238,335
Other income 1,491 1,715 623
Income before income taxes 270,910 274,705 238,958
Provision for income taxes 72,273 [2] 85,896 67,912 [3]
Net income $ 198,637 $ 188,809 $ 171,046
Basic earnings per common share (in Dollars per share) $ 4.53 $ 4.22 $ 3.72
Diluted earnings per common share (in Dollars per share) $ 4.45 $ 4.12 $ 3.61
Weighted average common shares (Basic) (in Shares) 43,890 44,784 45,953
Weighted average common shares (Diluted) (in Shares) 44,624 45,810 47,355
[1] Revenues are attributed to countries based on the location of the client.
[2] Includes income tax benefits of $7.2 million primarily from the reenactment of the U.S. Federal R&D tax credit in January 2013 and the finalization of the fiscal 2012 tax return. The reenactment of the credit was retroactive to January 1, 2012 and extends through the end of the 2013 calendar year. The fiscal 2013 annual effective tax rate before discrete items of $7.2 million was 28.9%.
[3] Includes income tax benefits of $6.3 million from the finalization of the fiscal 2010 tax return and the reenactment of the U.S. Federal R&D tax credit in December 2010. The fiscal 2011 annual effective tax rate before discrete items of $6.3 million was 30.9%.