fds20171130_10q.htm

Fair Value, Measurement Inputs, Disclosure [Text Block]

FAIR VALUE MEASURES

Fair Value Hierarchy

three

levels of inputs that

may

be used to measure fair value based on the reliability of inputs. A financial instrument

’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The Company’s assessment of the significance of a particular input to the fair value measurement requires judgment and

may

affect their placement within the fair value hierarchy levels. FactSet has categorized its cash equivalents, investments and derivatives within the fair value hierarchy as follows:

Level

– applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. These Level

assets and liabilities include the Company’s corporate money market funds that are classified as cash equivalents.

Level

– applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. The Company’s certificates of deposit, mutual funds and derivative instruments are classified as Level

Level

– applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. There were

Level

assets or liabilities held by the Company as of

November 30, 2017

August 31, 2017.

(

) Assets and Liabilities Measured at

Fair Value on a Recurring Basis

The following tables shows by level within the fair value hierarchy the Company

’s assets and liabilities that are measured at fair value on a recurring basis at

November 30, 2017

and

August 31, 2017:

	Fair Value Measurements at November 30, 2017
(in thousands)	Level 1		Level 2		Level 3		Total
Assets
Corporate money market funds (1)	$	47,741	$	—	$	—	$	47,741
Mutual f unds (2)		—		20,475		—		20,475
Certificates of deposit ( 3 )		—		11,202		—		11,202
Derivative instruments (4 )		—		5,375		—		5,375
Total assets measured at fair value	$	47,741	$	37,052	$	—	$	84,793

Liabilities
Derivative instruments (4)	$	—	$	—	$	—	$	—
Total liabilities measured at fair value	$	—	$	—	$	—	$	—

	Fair Value Measurements at August 31, 2017
(in thousands)	Level 1		Level 2		Level 3		Total
Assets
Corporate money market funds (1)	$	26,677	$	—	$	—	$	26,677
Mutual Funds (2)		—		18,364		—		18,364
Certificates of deposit (3)		—		14,080		—		14,080
Derivative instruments (4)		—		6,142		—		6,142
Total assets measured at fair value	$	26,677	$	38,586	$	—	$	65,263

Liabilities
Derivative instruments (4)	$	—	$	—	$	—	$	—
Total liabilities measured at fair value	$	—	$	—	$	—	$	—



	( 1 )	The Company ’s corporate money market funds are traded in an active market and the net asset value of each fund on the last day of the quarter is used to determine its fair value. As such, the Company’s corporate money market funds are classified as Level 1 and included in cash and cash equivalents on the C onsolidated B alance Sheets .

(

)

The

Company’s mutual funds have a fair value

based on the fair value of the underlying investments held by the mutual funds allocated to each share of the mutual fund using a net asset value

approach.

The fair value of the underlying investments is based on observable inputs

. As such, the Company’s mutual funds are classified as Level

and

are classified as investments (short-term) on the Consolidated Balance Sheets.

(

)

The Company

’s certificates of deposit held for investment are

not

debt securities and are classified as Level

These certificates of deposit have original maturities greater than

three

months, but less than

one

year and, as such, are classified as i

nvestments (short-term) on the Consolidated Balance S

heet

(

)

The Company utilizes the income approach to measure fair value for its derivative instruments (

foreign currency forward contracts

). The income approach uses pricing models that rely on market observable inputs such as spot, forward and interest rates, as well as credit default swap spreads and therefore

are classified as Level

The Company did

not

have any transfers between Level

and Level

fair value measurements during the periods presented.

(

) Assets and Liabilities Measured at Fair Value on a Non-recurring Basis

Certain assets, including goodwill

and intangible assets, and liabilities, are measured at fair value on a non-recurring basis; that is, the assets and liabilities are

not

measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances such as when they are deemed to be other-than-temporarily impaired. The fair values of these non-financial assets and liabilities are determined based on valuation techniques using the best information available, and

may

include quoted market prices, market comparables, and discounted cash flow projections. An impairment charge is recorded when the cost exceeds its fair value, based upon the results of such valuations. During the

three

months ended

November 30, 2017,

fair value adjustments or material fair value measurements were required for the Company’s non-financial assets or liabilities.

nly

As of

November 30, 2017

and

August 31, 2017,

the fair value of the Company’s long-term debt was

$575

million, respectively, which approximated its carrying amount given its floating interest rate basis. The fair value of the Company’s long-term debt was determined based on quoted market prices for debt with a similar maturity, and thus categorized as Level

in the fair value hierarchy.

XML 24 R11.htm IDEA: XBRL DOCUMENT

Note 5 - Derivative Instruments

3 Months Ended

Nov. 30, 2017

Derivative Instruments and Hedging Activities Disclosure [Text Block]

DERIVATIVE INSTRUMENTS

Cash Flow Hedges

FactSet conducts business outside the U.S. in several currencies including the British Pound Sterling, Euro, Indian Rupee

, Japanese Yen and Philippine Peso. As such, it is exposed to movements in foreign currency exchange rates compared to the U.S. dollar. The Company utilizes derivative instruments (foreign currency forward contracts) to manage the exposures related to the effects of foreign exchange rate fluctuations and reduce the volatility of earnings and cash flows associated with changes in foreign currency. The Company does

not

enter into foreign currency forward contracts for trading or speculative purposes. In designing a specific hedging approach, FactSet considered several factors, including offsetting exposures, the significance of exposures, the forecasting of risk and the potential effectiveness of the hedge. The gains and losses on foreign currency forward contracts offset the variability in operating expenses associated with currency movements. The changes in fair value for these foreign currency forward contracts are initially reported as a component of accumulated other comprehensive loss (“AOCL”) and subsequently reclassified into operating expenses when the hedged exposure affects earnings. There was

discontinuance of cash flow hedges during the

first

three

months of fiscal

2018

and

2017,

and as such,

corresponding gains or losses related to changes in the value of the Company’s contracts were reclassified into earnings prior to settlement.

As of

November 30, 2017,

FactSet maintained the following foreign currency forward contracts to hedge approximately

75%

of its Indian Rupee exposure through the

third

quarter of fiscal

2019.

The following is a summary of all hedging position

s and corresponding fair values:

(in thousands)	Gross Notional Value				Fair Value (Liability) Asset
Currency Hedged (in U.S. dollars)	November 30, 2017		August 31, 2017		November 30, 2017		August 31, 2017
Indian Rupee		43,860		51,000		5,375		6,142
Total	$	43,860	$	51,000	$	5,375	$	6,142

As of

November 30, 2017,

the gross notional value of foreign currency forward contracts to purchase Indian Rupees with U.S. dollars was Rs.

3.3

billion.

Counterparty Credit Risk

Company’s derivative liabilities, when applicable. FactSet calculates credit risk from observable data related to credit default swaps (“CDS”) as quoted by publicly available information. Counterparty risk is represented by CDS spreads related to the senior secured debt of the respective bank with whom FactSet has executed these derivative transactions. As CDS spread information is

not

available for FactSet, the Company’s credit risk is determined based on using a simple average of CDS spreads for peer companies. To mitigate counterparty credit risk, FactSet enters into contracts with large financial institutions and regularly reviews its credit exposure balances as well as the creditworthiness of the counterparties. The Company does

not

expect any losses as a result of default of its counterparties.

Fair Value of Derivative Instruments

The following table provide

s the fair value of derivative instruments:

(in thousands) Designation of Derivatives	Balance Sheet Location	November 30, 2017		August 31, 2017
Derivatives designated as hedging instruments	Assets: Foreign Currency Forward Contracts
	Prepaid expenses and other current assets	$	3,943	$	3,796
	Other assets	$	1,432	$	2,346
	Liabilities: Foreign Currency Forward Contracts
	Accounts payable and accrued expenses	$	—	$	—

All derivatives were designated as hedging instruments as of

November 30, 2017

and

August 31, 2017,

respectively.

Derivatives in Cash Flow Hedging Relationships

The following table provides the pre-tax effect of derivative instruments in cash flow hedging relationships for the

three

months ended

November 30, 2017

and

2016:

(in thousands)	Loss Recognized in AOCL on Derivatives (Effective Portion)						Location of Loss Reclassified from AOCL into Income (Effective Portion)	Gain ( Loss) Reclassified from AOCL into Income (Effective Portion)
Derivatives in Cash Flow Hedging Relationships	2017			2016				2017		2016
Foreign currency forward contracts	$	(1	)	$	(649	)	SG&A	$	763	$	(1,357	)

amount of ineffectiveness was recorded in the Consolidated Statements of Income for these designated cash flow hedges and all components of each derivative

’s gain or loss was included in the assessment of hedge effectiveness. As of

November 30, 2017,

FactSet estimates that approximately

$3.9

million of net derivative gains related to its cash flow hedges included in AOCL will be reclassified into earnings within the next

months.

Offsetting of Derivative Instruments

FactSet

’s master netting and other similar arrangements with its respective counterparties allow for net settlement under certain conditions. As of

November 30, 2017

and

August 31, 2017,

there were

net settlements recorded on Consolidated Balance Sheets.

XML 25 R12.htm IDEA: XBRL DOCUMENT

Note 6 - Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Loss

3 Months Ended

Nov. 30, 2017

Comprehensive Income (Loss) Note [Text Block]

OTHER COMPREHENSIVE INCOME (

LOSS

)

AND ACCUMULATED OTHER COMPREHENSIVE LOSS

The components of other comprehensive

income and amounts reclassified out of AOCL into earnings during the

three

months ended

November 30, 2017

and

2016

are as follows:

	November 30, 2017						November 30, 2016
(in thousands)	Pre-tax			Net of tax			Pre-tax			Net of tax
Foreign currency translation adjustments	$	8,466		$	8,466		$	(11,497	)	$	(11,497	)
Realized (gain) loss on cash flow hedges reclassified to earnings (1)		(763	)		(476	)		1,357			857
Unrealized (loss) gain on cash flow hedges recognized in AOCL		(1	)		—			(649	)		(410	)
Other comprehensive income (loss)	$	7,702		$	7,990		$	(10,789	)	$	(11,050	)

(

)

Reclassified to Selling, General and Administrative Expenses

The components of

AOCL are as follows:

(in thousands)	November 30, 2017			August 31, 2017
Accumulated unrealized gains on cash flow hedges, net of tax	$	3,326		$	3,802
Accumulated foreign currency translation adjustments		(30,056	)		(38,522	)
Total accumulated other comprehensive loss	$	(26,730	)	$	(34,720	)

XML 26 R13.htm IDEA: XBRL DOCUMENT

Note 7 - Segment Information

3 Months Ended

Nov. 30, 2017

Segment Reporting Disclosure [Text Block]

. SEGMENT

INFORMATION

Operating segments are defined as components of an enterprise that engage in business activities from which they

may

earn revenues and incur expenses, whose operating results are regularly reviewed by the enterprise

’s chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and for which discrete financial information is available. Financial information at the operating segment level is reviewed jointly by the Chief Executive Officer (“CEO”) and senior management. Senior management consists of certain executives who directly report to the CEO, consisting of the Chief Financial Officer, Chief Operating Officer, Chief Technology and Product Officer, Global Head of Sales and Client Solutions, General Counsel and Chief Human Resources Officer. Senior management, along with the CEO, constitute FactSet’s chief operating decision making group (“CODMG”) and is responsible for making decisions about resources allocated amongst the operating segments based on actual results.

FactSet

’s operating segments are aligned with how the Company, including its CODMG, manages the business and the demographic markets in which FactSet serves. The Company’s internal financial reporting structure is based on

three

segments; the U.S., Europe and Asia Pacific. FactSet believes this alignment helps it better manage the business and view the markets the Company serves, which are centered on providing integrated global financial and economic information. Sales, consulting, data collection, product development and software engineering are the primary functional groups within the U.S., Europe and Asia Pacific segments that provide global financial and economic information to investment managers, investment banks and other financial services professionals.

The U.S. segment services

investment professionals including financial institutions throughout the Americas. The European and Asia Pacific segments service investment professionals located throughout Europe and the Asia Pacific region, respectively. The European segment maintains office locations in England, Bulgaria, Dubai, France, Germany, Italy, Latvia, the Netherlands, Spain, and Switzerland. The Asia Pacific segment has office locations in Australia, Hong Kong, India, Japan, the Philippines, Singapore and South Africa. Segment revenues reflect direct sales to clients based in their respective geographic locations. Each segment records compensation expense, including stock-based compensation, amortization of intangible assets, depreciation of furniture and fixtures, amortization of leasehold improvements, communication costs, professional fees, rent expense, travel, office and other direct expenses.

Expenditures associated with the Company

’s data centers,

third

party data costs and corporate charges are recorded by the U.S. segment and are

not

allocated to the other segments. The content collection centers located in India and the Philippines benefit all of the Company’s operating segments and thus the expenses incurred at these locations are allocated to each segment based on a percentage of revenues. Of the total

$712.5

million of goodwill reported by the Company at

November 30, 2017,

54%

was recorded in the U.S. segment,

45%

in the European segment and the remaining

in the Asia Pacific segment.

The following reflects the results of operations of the segments consistent with the Company

’s management system. These results are used by management, both in evaluating the performance of, and in allocating resources to, each of the segments.

(in thousands) For the three months ended November 30, 2017	U.S.		Europe		Asia Pacific		Total
Revenues from clients	$	208,768	$	91,727	$	28,646	$	329,141
Segment operating profit		40,771		32,970		15,357		89,098
Total assets		719,491		603,848		107,263		1,430,602
Capital expenditures		3,545		1,524		843		5,912

For the three months ended November 30, 2016	U.S.		Europe		Asia Pacific		Total
Revenues from clients	$	190,627	$	71,863	$	25,573	$	288,063
Segment operating profit		40,005		36,584		13,730		90,319
Total assets		698,328		262,523		85,314		1,046,165
Capital expenditures		11,125		491		921		12,537

XML 27 R14.htm IDEA: XBRL DOCUMENT

Note 8 - Business Combinations

3 Months Ended

Nov. 30, 2017

Business Combination Disclosure [Text Block]

BUSINESS COMBINATIONS

BISAM

March 17, 2017,

FactSet acquired BI-SAM Technologies (“BISAM”) for a total purchase price of $

217.6

million. BISAM is a global provider of portfolio performance and attribution, multi-asset risk, GIPS composites management and reporting. BISAM’s product offerings include B-One, BISAM’s cross-asset solution, which will serve as a complement to both FactSet’s portfolio analytics suite and client reporting solutions, and Cognity, which enhances FactSet’s risk analysis for derivatives and quantitative portfolio construction. These factors contributed to a purchase price in excess of fair value of BISAM’s net tangible and intangible assets, leading to the recognition of goodwill. At the time of acquisition, BISAM employed over

160

employees based primarily in its New York, Boston, Paris, London and Sofia offices. Total transaction costs related to the acquisition were

$3.2

million in fiscal

2017

and were recorded within Selling, General and Administrative (“SG&A”) expenses in the Consolidated Statements of Income.

Allocation of the purchase price to the assets acquired and liabilities assumed was finalized during the

fourth

quarter of fiscal

2017.

There were

significant adjustments between the preliminary and final allocation. The total purchase price was allocated to BISAM

’s net tangible and intangible assets based upon their estimated fair value as of the date of acquisition.

(i n thousands )
Tangible assets acquired	$	27,583
Amortizable intangible assets
Software technology		18,261
Client relationships		37,597
Trade name		741
Goodwill		173,898
Total assets acquired	$	258,080
Liabilities assumed		(40,443	)
Net assets acquired	$	217,637

Intangible assets of $

56.6

million have been allocated to amortizable intangible assets consisting of client relationships, amortized over

years using an accelerated amortization method; software technology, amortized over

five

years using a straight-line amortization method; and a trade name, amortized over

four

years using a straight-line amortization method.

Goodwill totaling $

173.9

million represents the excess of the purchase price over the fair value of the net tangible and intangible assets acquired. Goodwill generated from the BISAM acquisition is included in the US and European segments and is

not

deductible for income tax purposes. The results of operations of BISAM have been included in the Company’s Consolidated Statements of Income since the completion of the acquisition on

March 17, 2017.

Pro forma information has

not

been presented because the effect of the BISAM acquisition is

not

material to the Company’s consolidated financial results.

Vermi

lion

November 8, 2016,

FactSet acquired Vermilion Holdings Limited (“Vermilion”) for a total purchase price of

$67.9

million. Vermilion is a global provider of client reporting and communications software and services to the financial services industry. Client reporting is a growing area of the market as regulatory requirements rise; and with the acquisition of Vermilion and its Vermilion Reporting Suite (“VRS”), FactSet now offers a workflow around all elements of the client reporting process, which it expects will expand as investors grow increasingly sophisticated. This factor contributed to a purchase price in excess of fair value of Vermilion’s net tangible and intangible assets, leading to the recognition of goodwill. At the time of acquisition, Vermilion employed

individuals in its London, Boston and Singapore offices. Total transaction costs related to the acquisition were

$0.7

million and recorded within SG&A expenses in the Consolidated Statements of Income.

Allocation of the purchase price to the assets acquired and liabilities assumed was finalized during the

third

quarter of fiscal

2017.

There were

significant adjustments between the preliminary and final allocation. The total purchase price was allocated to Vermilion

’s net tangible and intangible assets based upon their estimated fair value as of the date of acquisition. Based upon the purchase price and the valuation, the allocation is as follows:

(i n thousands )
Tangible assets acquired	$	7,916
Amortizable intangible assets
Software technology		10,916
Client relationships		5,954
Non-compete agreements		806
Trade name		571
Goodwill		51,157
Total assets acquired	$	77,320
Liabilities assumed		(9,434	)
Net assets acquired	$	67,886

Intangible assets of $

18.2

million have been allocated to amortizable intangible assets consisting of client relationships, amortized over

years using an accelerated amortization method; software technology, amortized over

six

years using a straight-line amortization method; non-compete agreements, amortized over

three

years using a straight-line amortization method; and a trade name, amortized over

four

years using a straight-line amortization method.

Goodwill totaling $

51.2

million represents the excess of the purchase price over the fair value of the net tangible and intangible assets acquired. Goodwill generated from the Vermilion acquisition is included in the European segment and is

not

deductible for income tax purposes. The results of operations of Vermilion have been included in the Company’s Consolidated Statements of Income since the completion of the acquisition on

November 8, 2016.

Pro forma information has

not

been presented because the effect of the Vermilion acquisition is

not

material to the Company’s consolidated financial results.

XML 28 R15.htm IDEA: XBRL DOCUMENT

Note 9 - Goodwill

3 Months Ended

Nov. 30, 2017

Goodwill Disclosure [Text Block]

. GOODWILL

Changes in the carrying amount of goodwill by segment for the

three

months ended

November 30, 2017

are as follows:

(i n thousands )	U.S.			Europe			Asia Pacific			Total
Balance at August 31, 2017	$	386,835		$	317,759		$	2,966		$	707,560
Foreign currency translations		—			5,390			(49	)		5,341
Other adjustments		(107	)		(318	)		—			(425	)
Balance at November 30, 2017	$	386,728		$	322,831		$	2,917		$	712,476

Goodwill is

not

amortized as it is estimated to have an indefinite life. At least annually, the Company is required to test goodwill at the reporting unit level for potential impairment, and, if impaired, write down to fair value based on the present value of discounted cash flows. The Company

’s reporting units evaluated for potential impairment were the U.S., Europe and Asia Pacific, which reflect the level of internal reporting the Company uses to manage its business and operations. The

three

reporting units are consistent with the operating segments reported as there is

discrete financial information available for the subsidiaries within each operating segment. The Company performed its annual goodwill impairment test during the

fourth

quarter of fiscal

2017,

consistent with the timing of previous years, at which time it was determined that there was

impairment, with the fair value of each of the Company’s reporting units significantly exceeding carrying value.

XML 29 R16.htm IDEA: XBRL DOCUMENT

Note 10 - Intangible Assets

3 Months Ended

Nov. 30, 2017

Intangible Assets Disclosure [Text Block]

. INTANGIBLE ASSETS

FactSet

’s identifiable intangible assets consist of acquired content databases, client relationships, software technology, non-compete agreements and trade names resulting from previous acquisitions, which have been fully integrated into the Company’s operations. The weighted average useful life of FactSet’s acquired identifiable intangible assets at

November 30, 2017

was

11.5

years. The Company amortizes intangible assets over their estimated useful lives, which are evaluated quarterly to determine whether events and circumstances warrant a revision to the remaining period of amortization. There have been

changes to the estimate of the remaining useful lives during the

first

three

months of fiscal

2018.

Amortizable intangible assets are tested for impairment, if indicators of impairment are present, based on undiscounted cash flows, and, if impaired, written down to fair value based on discounted cash flows.

impairment of intangible assets has been identified during any of the periods presented. The intangible assets have

assigned residual values.

The gross carrying amounts and accumulated amortization totals related to the Company

’s identifiable intangible assets are as follows:

At November 30, 2017 (in thousands)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Data content	$	35,039	$	19,890	$	15,149
Client relationships		100,375		24,341		76,034
Software technology		106,610		34,362		72,248
Non-compete agreements		4,875		1,750		3,125
Trade names		4,113		1,795		2,318
Total	$	251,012	$	82,138	$	168,874

At August 31, 2017 (in thousands)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Data content	$	34,116	$	18,899	$	15,217
Client relationships		99,779		22,339		77,440
Software technology		105,963		30,889		75,074
Non-compete agreements		4,833		1,518		3,315
Trade names		4,080		1,583		2,497
Total	$	248,771	$	75,228	$	173,543

Amortization expense recorded for intangible assets was $

6.2

million and

$3.8

million for the

three

months ended

November 30, 2017

and

2016,

respectively. As of

November 30, 2017,

estimated intangible asset amortization expense for each of the next

five

years and thereafter is as follows:

Fiscal Year (in thousands)	Estimated Amortization Expense
2018 (remaining nine months)		$	18,533
2019			23,838
2020			23,120
2021			21,589
2022			19,259
Thereafter			62,535
Total		$	168,874

XML 30 R17.htm IDEA: XBRL DOCUMENT

Note 11 - Common Stock and Earnings Per Share

3 Months Ended

Nov. 30, 2017

Earnings Per Share [Text Block]

. COMMON STOCK AND EARNINGS PER SHARE

November 8, 2017,

FactSet’s Board of Directors approved a regular quarterly dividend of

$0.56

per share, or

$2.24

per share per annum. The cash dividend of

$21.9

million was paid on

December 19, 2017

to common stockholders of record at the close of business on

November 30, 2017.

Shares of common stock outstanding w

ere as follows:

	Three Months ended November 30,
(i n thousands)	2017			2016
Balance at September 1		39,023			40,038
Common stock issued for employee stock plans		256			310
Repurchase of common stock from employees (1)		(4	)		(36	)
Repurchase of common stock under the share repurchase program		(165	)		(505	)
Repurchase of common stock under accelerated share repurchase agreement		—			(103	) (2)
Balance at November 30, 201 7 and 2016, respectively		39,110			39,704

(

)

For the

three

months ended

November

30,

2017

and

2016

, the Company repurchased

4,220

and

34,

639

shares, or $

0.8

million

and

$5.3

million, of common stock, respectively, in settlement of employee tax withholding obligations due upon the vesting of restricted stock.

(

)

July 1, 2016,

FactSet entered into an accelerated share repurchase agreement (the “ASR Agreement”) to purchase FactSet common stock.

The final settlement of the ASR Agreement occurred in the

first

quarter of fiscal

2017

with FactSet receiving an additional

102,916

shares of its common stock.

A reconciliation of the weighted average shares outstanding used in the basic and diluted earnings per

share (“EPS”) computations is as follows:

(in thousands, except per share data)	Net Income (Numerator)		Weighted Average Common Shares (Denominator)		Per Share Amount
For the three months ended November 30, 2017
Basic EPS
Income available to common stockholders	$	70,379		39,085	$	1.80
Diluted EPS
Dilutive effect of stock options and restricted stock				595
Income available to common stockholders plus assumed conversions	$	70,379		39,680	$	1.77
For the three months ended November 30, 2016
Basic EPS
Income available to common stockholders	$	66,583		39,827	$	1.67
Diluted EPS
Dilutive effect of stock options and restricted stock				273
Income available to common stockholders plus assumed conversions	$	66,583		40,100	$	1.66

Dilutive potential common shares consist of stock options and un

vested restricted stock awards. The number of stock options excluded from the calculation of diluted earnings per share for the

three

months ended

November 30, 2017

and

November 30, 2016

was

552,389

and

621,503,

respectively, because their inclusion would have been anti-dilutive.

For the

three

months ended

November 30, 2017,

the number of performance-based stock option grants excluded from the calculation of diluted EPS was

332,338

For the

three

months ended

November 30, 2016,

the number of performance-based stock option grants excluded from the calculation of diluted earnings per share was

756,994.

Performance-based stock options are omitted from the calculation of diluted EPS until the performance criteria are probable of being achieved.

XML 31 R18.htm IDEA: XBRL DOCUMENT

Note 12 - Stockholders' Equity

3 Months Ended

Nov. 30, 2017

Stockholders' Equity Note Disclosure [Text Block]

TOCK

HOLDERS’ E

QUITY

Preferred Stock

November 30, 2017

and

August 31, 2017,

there were

10,000,000

shares of preferred stock (

$0.01

par value per share) authorized, of which

shares were issued and outstanding. FactSet’s Board of Directors

may

from time to time authorize the issuance of

one

or more series of preferred stock and, in connection with the creation of such series, determine the characteristics of each such series including, without limitation, the preference and relative, participating, optional or other special rights, and the qualifications, limitations or restrictions of the series.

Common Stock

November 30, 2017

and

August 31, 2017,

there were

150,000,000

shares of common stock (

$.01

par value per share) authorized, of which

52,101,426

and

51,845,132

shares were issued, respectively. The authorized shares of common stock are issuable for any proper corporate purpose, including future stock splits, stock dividends, acquisitions, raising equity capital or to adopt additional employee benefit plans.

Treasury Stock

November 30, 2017

and

August 31, 2017,

there were

12,991,346

and

12,822,100

shares of treasury stock (at cost) outstanding, respectively. As a result,

39,110,080

and

39,023,032

shares of FactSet common stock were outstanding at

November 30, 2017

and

August 31, 2017,

respectively.

Share Repurchase Program

Repurchases will be made from time to time in the open market and privately negotiated transactions, subject to market conditions.

During the

first

three

months of fiscal

2018,

the Company repurchased

164,920

shares for

$30.9

million compared to

505,000

shares for

$79.3

million in the prior year comparable period. As of

November 30, 2017,

$213.2

million remains authorized for future share repurchases.

minimum number of shares to be repurchased has been fixed. There is

timeframe to complete the repurchase program and it is expected that share repurchases will be paid using existing and future cash generated by operations.

Restricted Stock

Vesting

Restricted stock awards entitle the holder to shares of common stock as the awards vest over time. During the

first

three

months of fiscal

2018,

11,278

of previously granted restricted stock awards vested and were included in common stock outstanding as of

November 30, 2017 (

less

4,220

shares repurchased from employees to cover their cost of taxes upon vesting of the restricted stock). During the same period a year ago,

94,877

of previously granted restricted stock awards vested and were included in common stock outstanding as of

November 30, 2016 (

less

34,639

shares repurchased from employees to cover their cost of taxes upon vesting of the restricted stock).

Dividends

The Company

’s Board of Directors declared the following historical dividends:

Declaration Date	Dividends Per Share of Common Stock		Type	Record Date	Total $ Amount (in thousands)		Payment Date
November 8, 2017	$	0.56	Regular (cash)	November 30, 2017	$	21,902	December 19, 2017
August 10, 2017	$	0.56	Regular (cash)	August 31, 2017	$	21,853	September 19, 2017
May 5, 2017	$	0.56	Regular (cash)	May 31, 2017	$	21,951	June 20, 2017
February 6, 2017	$	0.50	Regular (cash)	February 28, 2017	$	19,709	March 21, 2017
November 10, 2016	$	0.50	Regular (cash)	November 30, 2016	$	19,852	December 20, 2016
August 5, 2016	$	0.50	Regular (cash)	August 31, 2016	$	20,019	September 20, 2016

All of the above cash dividends were paid from existing cash resources. Future dividend payments will depend on the Company

’s earnings, capital requirements, financial condition and other factors considered relevant by the Company and is subject to final determination by the Company’s Board of Directors.

XML 32 R19.htm IDEA: XBRL DOCUMENT

Note 13 - Employee Stock Option and Retirement Plans

3 Months Ended

Nov. 30, 2017

Compensation and Employee Benefit Plans [Text Block]

. EMPLOYEE STOCK OPTION AND RETIREMENT PLANS

Stock Option Awards

The FactSet Research Systems Inc.

2004

Stock Option and Award Plan, as Amended and Restated (the “Option Plan”) provides for the grant of share-based awards, including stock options and restricted stock awards to employees of FactSet. The expiration date of the Option Plan is

December 14, 2020.

Stock options granted under the Option Plan expire

not

more than

ten

years from the date of grant and the majority vest ratably over a period of

five

years. Options become vested and exercisable provided the employee continues employment with the Company through the applicable vesting date and remain exercisable until expiration or cancellation. Options are

not

transferable or assignable other than by will or the laws of descent and distribution. During the grantee’s lifetime, the options

may

be exercised only by the grantee.

Stock Option Activity

During the

first

three

months of fiscal

2018,

FactSet granted

553,942

stock options at a weighted average exercise price of

$189.98

to existing employees of the Company. As of

November 30, 2017,

a total of

3,669,181

stock options were outstanding at a weighted average exercise price of

$149.09.

Unamortized stock-based compensation of

$75.1

million is expected to be recognized as stock-based compensation expense over the remaining weighted average vesting period of

3.8

years.

A summary of stock option activity is a

s follows:

(in thousands, except per share data)	Number Outstanding			Weighted Average Exercise Price Per Share
Balance at August 31, 2017		3,366		$	139.29
Granted – nonperformance-based		554		$	189.98
Exercised		(226	)	$	104.90
Forfeited		(25	)	$	133.89
Balance at November 30, 201 7		3,669		$	149.09

The total number of in-the-money options exercisable as

November 30, 2017

was

1.3

million with a weighted average exercise price of

$121.40.

The aggregate intrinsic value of in-the-money stock options exercisable at

November 30, 2017

and

August 31, 2017

was

$102.3

million and

$49.7

million, respectively. Aggregate intrinsic value represents the difference between the Company’s closing stock prices of

$199.88

and

$157.18

November 30, 2017

and

August 31, 2017,

respectively, and the exercise price multiplied by the number of options exercisable as of that date. The total pre-tax intrinsic value of stock options exercised during the

three

months ended

November 30, 2017

and

2016

was

$18.0

million and

$16.4

million, respectively.

Performance-based Stock Options

current guarantee that such options will vest in whole or in part.

February 2015

Performance-based Option Grant Revie

In connection with the acquisition of Code Red, FactSet granted

137,522

performance-based stock options

during the

second

quarter of fiscal

2015.

Of the total amount granted,

68,761

performance-based options were eligible to vest if certain Code Red ASV and operating margin targets were achieved over a

two

-year measurement period ending

February 28, 2017.

At the conclusion of the measurement period,

70%

of the options were deemed eligible to vest, with the remaining options being forfeited. The option holders must remain employed by FactSet through

February 28, 2019

in order for the options to vest. As of

November 30, 2017,

total unamortized stock-based compensation of

$0.6

million will be recognized as expense over the remaining vesting period of

1.2

years.

The remaining

68,761

options

granted in

February 2015

are eligible to cliff vest based on a

four

-year measurement period ending

February 28, 2019.

As of

November 30, 2017,

total unamortized stock-based compensation of

$0.4

million will be recognized as expense over the remaining vesting period of

1.2

years. A change, up or down, in the actual financial performance levels achieved by Code Red in future fiscal years could result in the following changes to the current estimate of the vesting percentage and related expense:

Vesting Percentage (in thousands)	Cumulative Catch-up Adjustment*			Remaining Expense to be Recognized
0%	$	(844	)		—
10%	$	(633	)	$	89
40% (current expectation)	$	—		$	356
70%	$	633		$	623
100%	$	1,266		$	891

* Amounts represent the cumulative catch-up adjustment to be recorded if there was a change in the vesting percentage as of

November 30, 2017

January 2017

Performance-based Option Grant Review

In connection with the acquisition of Vermilion, FactSet granted

61,744

performance-based stock options in

January 2017.

These performance-based options will vest

40%

on the

second

anniversary date of the grant and

20%

on each subsequent anniversary date if certain Vermilion revenue and operating income targets are achieved by

November 30, 2017.

The option holders must also remain employed by FactSet for the options to be eligible to vest. As of

November 30, 2017,

FactSet does

not

believe these growth targets are probable of being achieved, and as such,

stock-based compensation expense is expected to be recognized in connection with these performance-based options. A change in the actual financial performance levels achieved by Vermilion in future fiscal years could result in the following changes to the current estimate of the vesting percentage and related expense:

Vesting Percentage (in thousands)	Cumulative Catch-up Adjustment*		Remaining Expense to be Recognized
0% (current expectation)	$	—	$	—
100%	$	473	$	2,232

* Amounts represent the cumulative catch-up adjustment to be recorded if there was a change in the vesting percentage as of

November 30, 2017

June 2017

Performance-based Option Grant Review

In connection with the acquisition of BISAM, FactSet granted

206,417

performance-based stock options in

June 2017.

These performance-based options will vest

40%

on the

second

anniversary date of the grant and

20%

on each subsequent anniversary date if certain BISAM revenue and operating income targets are achieved by

March 31, 2019.

The option holders must also remain employed by FactSet for the options to be eligible to vest. As of

November 30, 2017,

FactSet does

not

believe these growth targets are probable of being achieved, and as such,

stock-based compensation expense is expected to be recognized in connection with these performance-based options. A change in the actual financial performance levels achieved by BISAM in future fiscal years could result in the following changes to the current estimate of the vesting percentage and related expense:

Vesting Percentage (in thousands)	Cumulative Catch-up Adjustment*		Remaining Expense to be Recognized
0% (current expectation)	$	—	$	—
80%	$	592	$	6,515
90%	$	666	$	7,329
100%	$	740	$	8,144

* Amounts represent the cumulative catch-up adjustment to be recorded if there was a change in the vesting percentage as of

November 30,

2017.

Restricted Stock and Stock Unit Awards

The Company

’s Option Plan permits the issuance of restricted stock and restricted stock units. Restricted stock awards are subject to continued employment over a specified period.

Restricted Stock and Stock Unit Awards Activity

During the

first

three

months of fiscal

2018,

FactSet granted

961

restricted stock awards to employees of the Company at a weighted average grant date fair value of

$182.17.

These restricted stock awards vest over a weighted average period of

5.0

years from grant date.

s of

November 30, 2017,

a total of

161,527

shares of restricted stock and restricted stock units were unvested and outstanding, which results in unamortized stock-based compensation of

$17.5

million to be recognized as stock-based compensation expense over the remaining weighted average vesting period of

3.3

years.

A summary of restricted stock award activity is as follows:

(in thousands, except per award data)	Number Outstanding			Weighted Average Grant Date Fair Value Per Award
Balance at August 31, 2017		182		$	138.62
Granted		1		$	182.17
Forfeited		(10	)	$	114.37
Vested (1)		(11	)	$	157.37
Balance at November 30, 2017		162		$	139.12

(

)

Of the

11,278

restricted

stock awards that vested during the

first

quarter of fiscal

201

9,765

related to

the

second

tranche (

20%

) of

awards granted on

October 16

201

These awards vest

20%

per year on the anniversary date of the award.

The remaining

1,513

awards vested related to other grants.

Share-based Awards Available for Grant

A summary of share-based awards available for grant is as follows:

(in thousands)	Share-based Awards Available for Grant under the Employee Option Plan			Share-based Awards Available for Grant under the Non-Employee Directors Plan
Balance at August 31, 2017		897			42
Granted – nonperformance-based options		(554	)		—
Granted – performance-based options		—			—
Granted – restricted stock awards (1)		(2	)		—
Share-based awards canceled/forfeited (2)		51			—
Balance at November 30, 2017		392			42

(

)

Each restricted stock award granted is equivalent to

2.5

shares granted under the Company

’s Option Plan.

(

)

Under the Company

’s Option Plan, for each restricted stock award canceled/forfeited, an equivalent of

2.5

shares is added back to the available share-based awards balance.

Employee Stock Purchase Plan

Shares of FactSet common stock

may

be purchased by eligible employees under the

Amended and Restated FactSet Research Systems Inc.

2008

Employee Stock Purchase Plan (the “ESPP”) in

three

-month intervals at a purchase price equal to at least

85%

of the lesser of the fair market value of the Company’s common stock on either the

first

day or the last day of each

three

-month offering period. Employee purchases

may

not

exceed

10%

of their gross compensation or a

$25,000

contribution limit during an offering period.

During the

three

months ended

November 30, 2017,

employees purchased

19,589

shares at a weighted average price of

$134.39

as compared to

16,496

shares at a weighted average price of

$136.14

for the

three

months ended

November 30, 2016.

November 30, 2017,

313,583

shares were reserved for future issuance under the ESPP.

401

(k) Plan

The Company established

401

(k) Plan in fiscal

1993.

The

401

(k) Plan is a defined contribution plan covering all full-time, U.S. employees of the Company and is subject to the provisions of the Employee Retirement Income Security Act of

1974

and the Internal Revenue Code of

1986

(“IRC”). Each year, participants

may

contribute up to

60%

of their eligible annual compensation, subject to annual limitations established by the IRC. The Company matches up to

of employees’ earnings, capped at the Internal Revenue Service annual maximum. Company matching contributions are subject to a

five

year graduated vesting schedule. All full-time, U.S. employees are eligible for the matching contribution by the Company. The Company contributed

$2.8

million and

$1.9

million in matching contributions to employee

401

(k) accounts during the

three

months ended

November 30, 2017

and

2016,

respectively.

XML 33 R20.htm IDEA: XBRL DOCUMENT

Note 14 - Stock-based Compensation

3 Months Ended

Nov. 30, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Text Block]

. STOCK-BASED COMPENSATION

The Company recognized total stock-based compensation expens

e of

$7.5

million and

$6.4

million during the

three

months ended

November 30, 2017

and

2016,

respectively. As of

November 30, 2017,

$92.5

million of total unrecognized compensation expense related to non-vested equity awards is expected to be recognized over a weighted average period of

3.6

years. There was

stock-based compensation capitalized as of

November 30, 2017

August 31, 2017,

respectively.

Employee Stock Option Fair Value Determinations

The Company utilizes the lattice-binomial option-pricing model (“binomial model”) to estimate the fair value of new employee stock option grants. The Company

’s determination of fair value of stock option awards on the date of grant using the binomial model is affected by the Company’s stock price as well as assumptions regarding a number of variables. These variables include, but are

not

limited to the Company’s expected stock price volatility over the term of the awards, interest rates, option forfeitures and employee stock option exercise behaviors.

Q1 201 8	553,942 nonperformance-based employee stock options were granted at a weighted average exercise price of $189.98 and a weighted average estimated fair value of $48.27 per share.
Q1 201 7	671,263 non performance-based employee stock options and 22,460 performance-based employee stock options were granted at a weighted average exercise price of $152.51 and a weighted average estimated fair value of $39.60 per share.

The weighted average estimated fair value of employee stock options granted

was determined using the binomial model with the following weighted average assumptions:

Three months ended November 30,	2017			2016
Term structure of risk-free interest rate	1.28%	-	2.41%	0.07%	-	2.09%
Expected life (years)		7.4			7.4
Term structure of volatility	19%	-	29%	21%	-	30%
Dividend yield		1.32%			1.18%
Weighted average estimated fair value		$48.27			$39.60
Weighted average exercise price		$189.98			$152.51
Fair value as a percentage of exercise price		25.4%			26.0%

’s stock and implied volatilities of publicly traded options to buy FactSet common stock with contractual terms closest to the expected life of options granted to employees. The approach to utilize a mix of historical and implied volatility was based upon the availability of actively traded options on the Company’s stock and the Company’s assessment that a combination of implied volatility and historical volatility is best representative of future stock price trends. The Company uses historical data to estimate option exercises and employee termination within the valuation model. The dividend yield assumption is based on the Company’s history and expectation of dividend payouts. The expected life of employee stock options represents the weighted average period the stock options are expected to remain outstanding and is a derived output of the binomial model. The binomial model estimates employees exercise behavior based on the option’s remaining vested life and the extent to which the option is in-the-money. The binomial model estimates the probability of exercise as a function of these

two

variables based on the entire history of exercises and cancellations of all past option grants made by the Company.

Non-Employee Director Stock Option Fair

Value Determinations

The

2008

Non-Employee Directors

’ Stock Option Plan (the “Directors’ Plan”) provides for the grant of share-based awards, including stock options, to non-employee directors of FactSet. An initial

250,000

shares of FactSet common stock were reserved for issuance under the Directors’ Plan, of which

42,185

remain available for future grant as of

November 30, 2017.

The expiration date of the Directors’ Plan is

December 1, 2018.

The Company utilizes the Black-Scholes model to estimate the fair value of non-employee Director stock option grants. The Company

’s determination of fair value of share-based payment awards on the date of grant is affected by the Company’s stock price as well as assumptions regarding a number of variables. These variables include, but are

not

limited to the Company’s expected stock price volatility over the term of the awards, interest rates, option forfeitures and employee stock option exercise behaviors.

Fiscal

201

There were

stock options granted to the Company

’s non-employee Directors during the

first

quarter of fiscal

2018.

Fiscal

2017

There were

stock options granted to the Company

’s non-employee Directors during the

first

quarter of fiscal

2017.

However, on

January 13, 2017,

FactSet granted

23,846

stock options to the Company’s non-employee Directors, including

one

-time new Director grants of

2,104

stock options each for Malcolm Frank and Sheila B. Jordan, who were elected to FactSet’s Board of Directors on

December 20, 2016.

All of the options granted on

January 13, 2017

have a weighted average estimated fair value of

$35.65

per share, using the Black-Scholes option-pricing model with the following weighted average assumptions:

Risk-free interest rate	1. 95	%
Expected life (years)	5.4
Expected volatility	22.7	%
Dividend yield	1.24	%

Restricted Stock

Fair Value Determinations

Restricted stock granted to employees entitle

s the holder to shares of common stock as the award vests over time, but

not

to dividends declared on the underlying shares while the restricted stock is unvested. The grant date fair value of restricted stock awards is measured by reducing the grant date price of FactSet’s share by the present value of the dividends expected to be paid on the underlying stock during the requisite service period, discounted at the appropriate risk-free interest rate. Restricted stock awards are amortized to expense over the vesting period. During the

first

three

months of fiscal

2018,

there were

961

restricted stock awards granted with a weighted average grant date fair value of

$182.17.

During the

first

three

months of fiscal

2017,

FactSet granted

5,084

restricted stock awards at a weighted average grant date fair value of

$151.63.

Employee Stock Purchase Plan Fair Value Determinations

During the

three

months ended

November 30, 2017,

employees purchased

19,589

shares at a weighted average price of

$134.39

as compared to

16,496

shares at a weighted average price of

$136.14

a year ago. Stock-based compensation expense recorded for each of the

three

months ended

November 30, 2017

and

2016,

relating to the ESPP was

$0.5

million, respectively.

The weighted average estimated fair value

for the ESPP was calculated using the Black-Scholes model with the following assumptions:

Three months ended November 30,	2017			2016
Risk-free interest rate		1.11	%		0.35	%
Expected life (months)		3			3
Expected volatility		7.97	%		10.3	%
Dividend yield		1.42	%		1.11	%
Weighted average estimated fair value	$	25.79		$	30.32

Accuracy of Fair Value Estimates

The Company is responsible for determining the assumptions used in estimating the fair value of its share-based payment awards. The Company

’s determination of fair value of share-based payment awards on the date of grant using an option-pricing model is affected by the Company’s stock price as well as assumptions regarding a number of highly complex and subjective variables. These variables include, but are

not

limited to the Company’s expected stock price volatility over the term of the awards, interest rates, option forfeiture rates and actual and projected employee stock option exercise behaviors. Option-pricing models were developed for use in estimating the value of traded options that have

vesting or hedging restrictions and are fully transferable.

XML 34 R21.htm IDEA: XBRL DOCUMENT

Note 15 - Income Taxes

3 Months Ended

Nov. 30, 2017

Income Tax Disclosure [Text Block]

. INCOME TAXES

Provision for Income Taxes

The provision for income ta

xes is as follows:

	Three months ended November 30,
(in thousands)	2017			2016
Income before income taxes	$	86,179		$	89,820
Total provision for income taxes	$	15,800		$	23,237
Effective tax rate		18.3	%		25.9	%

FactSet

’s effective tax rate is based on recurring factors and nonrecurring events, including the taxation of foreign income. The Company’s effective tax rate will vary based on, among other things, changes in levels of foreign income, as well as discrete and other nonrecurring events that

may

not

be predictable. The effective tax rate was lower than the U.S. federal rate of

35.0%

in both periods presented above primarily due to foreign income taxed at lower statutory tax rates than in the U.S., R&D tax benefits, foreign tax credits, the recognition of

$4.1

million of excess tax benefits associated with the new shared-based payment accounting standard update and

$1.5

million of income tax benefits from settlements with tax authorities. These tax benefits were partially offset by additional state and local income taxes.

Deferred Tax Assets and Liabilities

The significant components of deferred tax assets that are recorded in the Consolidated Balance Sheets were as follows:

(in thousands)	November 30, 2017			August 31, 2017
Deferred tax assets:
Receivable reserve	$	913		$	811
Depreciation on property, equipment and leasehold improvements		3,235			2,220
Deferred rent		11,452			11,615
Stock-based compensation		19,447			20,117
Purchased intangible assets, including acquired technology		(33,376	)		(32,742	)
Other		5,304			8,059
Total deferred tax assets	$	6,975		$	10,080

The significant components of deferred tax liabilities that are recorded in the Consolidated Balance Sheets were as follows

(in thousands)	November 30, 2017			August 31, 2017
Deferred tax liabilities:
Stock-based compensation	$	(840	)	$	(815	)
Depreciation on property, equipment and leasehold improvements		531			168
Purchased intangible assets, including acquired technology		25,569			26,231
Other		(232	)		1,690
Total deferred tax liabilities	$	25,028		$	27,274

U.S. income taxes have been provided on undistributed foreign earnings and profits as of

November 30, 2017,

as FactSet plans to permanently reinvest these amounts and use the earnings to fund non-U.S. operations and working capital needs as well as facilities overseas. This includes, but is

not

limited to, capital expenditures and acquisitions intended to further FactSet’s global growth strategy. At each reporting period, FactSet assesses its position with regard to the undistributed foreign earnings of its subsidiaries. To the extent that earnings can

longer be indefinitely reinvested, the Company will accrue the tax impact, if any, attributable to those earnings, including the impact of foreign tax credits, at such time. If such earnings are repatriated, additional tax expense

may

result, although the flexibility inherent in the U.S. Internal Revenue Code

may

permit the ultimate distribution to be tax-free depending on the nature of the distribution. Therefore, the Company does

not

believe it is practicable to estimate, with reasonable accuracy, the hypothetical amount of the unrecognized deferred tax liability on its undistributed foreign earnings given the many factors and assumptions necessary to estimate the amount of the federal income tax that

may

be payable in the future on the undistributed earnings.

Unrecognized Tax Positions

not

(greater than

50%

) that the tax position will prevail upon tax examination, based solely on the technical merits of the tax position. Otherwise,

benefit or expense can be recognized in the consolidated financial statements. The tax benefits recognized are measured based on the largest benefit that has a greater than

fifty

percent likelihood of being realized upon ultimate settlement. Additionally, companies are required to accrue interest on all tax exposures for which reserves have been established consistent with jurisdictional tax laws.

As of

November 30, 2017,

the Company had gross unrecognized tax benefits totaling

$9.5

million, including

$1.4

million of accrued interest, recorded as

on-current taxes payable

within the Consolidated Balance Sheet. Unrecognized tax benefits represent tax positions taken on tax returns but

not

yet recognized in the consolidated financial statements. When applicable, the Company adjusts the previously recorded tax expense to reflect examination results when the position is ultimately settled. The Company regularly engages in discussions and negotiations with tax authorities regarding tax matters in various jurisdictions. It is reasonably possible that certain federal, foreign, and state tax matters

may

be concluded in the next

months. However, FactSet has

reason to believe that such audits will result in the payment of additional taxes and/or penalties that would have a material adverse effect on the Company’s results of operations or financial position, beyond current estimates. Any changes in accounting estimates resulting from new developments with respect to uncertain tax positions will be recorded as appropriate. The Company does

not

currently anticipate that the total amounts of unrecognized tax benefits will significantly change within the next

months.

The following table summarizes the changes in the balance of gross unrecognized tax benefits during the

first

three

months of fiscal

2018:

(in thousands)
Unrecognized income tax benefits at August 31, 2017	$	11,484
Additions based on tax positions related to the current year		448
Additions for tax positions of prior years		134
Reductions from settlements with taxing authorities		(2,601	)
Unrecognized income tax benefits at November 30, 2017	$	9,465

In the normal course of business, the Company

’s tax filings are subject to audit by federal, state and foreign tax authorities. At

November 30, 2017,

the Company remained subject to examination in the following major tax jurisdictions:

Major Tax Jurisdictions	Open Tax Years
U.S.
Federal	201 4 through 2018
State (various)	201 4 through 2018
Europe
France	201 4 through 2018
United Kingdom	201 6 through 2018
Germany	2017 through 2018

XML 35 R22.htm IDEA: XBRL DOCUMENT

Note 16 - Long-term Debt

3 Months Ended

Nov. 30, 2017

Long-term Debt [Text Block]

LONG-TERM DEBT

FactSet

’s debt obligations consisted of the following:

(in thousands)	November 30 , 2017		August 31, 2017
2017 Revolving Credit Facility	$	574,666	$	575,000
Total Outstanding Debt	$	574,666	$	575,000

March 17, 2017,

the Company entered into a Credit Agreement (the

“2017

Credit Agreement”) between FactSet, as the borrower, and PNC Bank, National Association

(“PNC”), as the administrative agent and lender. The

2017

Credit Agreement provides for a

$575.0

million revolving credit facility (the

“2017

Revolving Credit Facility”). FactSet

may

request borrowings under the

2017

Revolving Credit Facility until its maturity date of

March 17, 2020.

The

2017

Credit Agreement also allows FactSet, subject to certain requirements, to arrange for additional borrowings with PNC for an aggregate amount of up to

$225.0

million, provided that any such request for additional borrowings must be in a minimum amount of

$25.0

million. Borrowings under the loan bear interest on the outstanding principal amount at a rate equal to the daily LIBOR rate plus

1.00%.

Interest on the loan outstanding is payable quarterly in arrears and on the maturity date. There are

prepayment penalties if the Company elects to prepay the outstanding loan amounts prior to the scheduled maturity date. The principal balance is payable in full on the maturity date.

In conjunction with FactSet

’s entrance into the

2017

Credit Agreement, the Company borrowed

$575.0

million in the form of a LIBOR rate loan under the

2017

Revolving Credit Facility. Proceeds from the

2017

Revolving Credit Facility were also used to fund FactSet’s acquisition of BISAM.

All outstanding loan amounts are

reported as

ong-term debt

within the Consolidated Balance Sheet, and net of related amortized loan origination fees at

November 30, 2017.

The loan origination fees are amortized into interest expense over the term of the loan using the effective interest method. During the

three

months ended

November 30, 2017

and

2016,

the Company paid approximately

$3.4

million and

$1.1

million in interest on its outstanding debt amounts, respectively. As of

November 30, 2017,

commitment fee was owed by FactSet since it borrowed the full amount under the

2017

Credit Agreement.

The

2017

Credit Agreement contained covenants restricting certain FactSet activities, which are usual and customary for this type of loan.

In addition, the

2017

Credit Agreement required that FactSet maintain a consolidated leverage ratio, as measured by total funded debt/EBITDA below a specified level as of the end of each fiscal quarter. The Company was in material compliance with all of the covenants of the

2017

Credit Agreement as of

November 30, 2017.

XML 36 R23.htm IDEA: XBRL DOCUMENT

Note 17 - Commitments and Contingencies

3 Months Ended

Nov. 30, 2017

Commitments and Contingencies Disclosure [Text Block]

. COMMITMENTS AND CONTINGENCIES

Commitments represent obligations, such as those for future purchases of goods or services that are

not

yet recorded on the balance sheet as liabilities. FactSet records liabilities for commitments when incurred (

i.e.

, when the goods or services are received).

Lease Commitments

November 30, 2017,

the Company leased approximately

202,000

square feet of office space at its headquarters in Norwalk, Connecticut. Including new lease agreements executed during fiscal

2018,

the Company’s worldwide leased office space increased to approximately

1,612,100

square feet at

November 30, 2017,

469,100

square feet, or

41.0%,

from

August 31, 2017.

This increase was primarily due to new leases for additional office space in the Philippines. The Company’s significant locations are listed under Item

Properties

, within the Annual Report on Form

-K for the fiscal year ended

August 31, 2017.

The non-cancelable operating leases expire on various dates through

2031.

The Company believes the amount of leased office space as of

November 30, 2017

is adequate for its current needs and that additional space is available for lease to meet any future needs.

Total minimum rental payments associated with the leases are recorded as rent expense (a component of

SG&A

expense) on a straight-line basis over the periods of the respective non-cancelable lease terms. Future minimum commitments for the Company’s operating leases in place as of

November 30, 2017

are as follows:

Years ended August 31, (in thousands)	Minimum Lease Payments
2018 (remaining nine months)	$	29,729
2019		36,729
2020		28,669
2021		21,558
2022		20,858
Thereafter		144,761
Total	$	282,304

Rent expense (including operating costs) for al

l operating leases amounted to

$13.0

million and

$11.4

million during the

three

months ended

November 30, 2017

and

2016,

respectively. At

November 30, 2017

and

August 31, 2017,

deferred rent reported within the Consolidated Balance Sheets totaled

$37.3

million and

$37.4

million, of which

$33.2

million and

$33.5

million, respectively, was reported as a non-current liability within the line item Deferred Rent and Other Non-Current Liabilities

Approximately

$1.9

million of standby letters of credit have been issued during the ordinary course of business in connection with the Company’s current leased office space as of

November 30, 2017.

These standby letters of credit contain covenants that, among other things, require FactSet to maintain minimum levels of consolidated net worth and certain leverage and fixed charge ratios. As of

November 30, 2017,

FactSet was in material compliance with all covenants contained in the standby letters of credit.

Purchase Commitments with Suppliers

Purchase obligations represent payments due in future periods in respect of commitments to the Company

’s various data vendors as well as commitments to purchase goods and services such as telecommunication and computer maintenance services. These purchase commitments are agreements that are enforceable and legally binding on FactSet and that specify all significant terms, including: fixed or minimum quantities to be purchased; fixed, minimum or variable price provisions; and the approximate timing of the transaction. As of

August 31, 2017,

the Company had total purchase commitments with suppliers of

$81.0

million. There were

material changes in the Company’s purchase commitments during the

first

three

months of fiscal

2018.

Contingencies

Income Taxes

Uncertain income tax positions are accounted for in accordance with applicable accounting guidance (see Note

). FactSet is currently under audit by tax authorities and has reserved for potential adjustments to its provision for income taxes that

may

result from examinations by, or any negotiated settlements with, these tax authorities. The Company believes that the final outcome of these examinations or settlements will

not

have a material effect on its results of operations. If events occur which indicate payment of these amounts is unnecessary, the reversal of the liabilities would result in the recognition of tax benefits in the period FactSet determines the liabilities are

longer necessary. If the Company’s estimates of the federal, state, and foreign income tax liabilities are less than the ultimate assessment, a further charge to expense would result.

Legal Matters

November 30, 2017,

FactSet’s management does

not

believe that the ultimate outcome of these unresolved matters against the Company, individually or in the aggregate, is likely to have a material adverse effect on the Company's consolidated financial position, its results of operations or its cash flows.

Indemnifications

’s request in such capacity. These indemnification obligations are valid as long as the director or officer acted in good faith and in a manner the person reasonably believed to be in, or

not

opposed to, the best interests of the Company, and with respect to any criminal action or proceeding, had

reasonable cause to believe his or her conduct was unlawful. The maximum potential amount of future payments FactSet could be required to make under these indemnification obligations is unlimited; however, FactSet has a director and officer insurance policy that it believes mitigates FactSet's exposure and

may

enable FactSet to recover a portion of any future amounts paid. The Company believes the estimated fair value of these indemnification obligations is immaterial.

Concentrations of Credit Risk

Cash equivalents

Cash and cash equivalents are maintained

primarily with

five

financial institutions. Deposits held with banks

may

exceed the amount of insurance provided on such deposits. These deposits

may

be redeemed upon demand and are maintained with financial institutions with reputable credit and therefore bear minimal credit risk. The Company seeks to mitigate its credit risks by spreading such risks across multiple counterparties and monitoring the risk profiles of these counterparties.

Accounts Receivable

Accounts receivable are unsecured and derived from revenues earned from clients located around the globe. FactSet

does

not

require collateral from its clients but performs credit evaluations on an ongoing basis. The Company maintains reserves for potential write-offs and evaluates the adequacy of the reserves periodically. These losses have historically been within expectations.

single client represented

10%

or more of FactSet’s total revenues in any period presented. At

November 30, 2017,

the Company’s largest individual client accounted for

of total annual subscriptions and subscriptions from the

ten

largest clients did

not

surpass

20%

of total annual subscriptions, slightly higher than the percentages as of

August 31, 2017.

As of

November 30, 2017,

the receivable reserve was

$2.9

million compared to a reserve of

$2.7

million as of

August 31, 2017

Derivative Instruments

’s derivative liabilities, when applicable. FactSet calculates credit risk from observable data related to CDS as quoted by publicly available information. Counterparty risk is represented by CDS spreads related to the senior secured debt of the respective bank with whom FactSet has executed these derivative transactions. Because CDS spread information is

not

available for FactSet, the Company’s credit risk is determined based on using a simple average of CDS spreads for peer companies as determined by FactSet. To mitigate counterparty credit risk, FactSet enters into contracts with large financial institutions and regularly reviews credit exposure balances as well as the creditworthiness of the counterparties.

XML 37 R24.htm IDEA: XBRL DOCUMENT

Note 18 - Subsequent Events	3 Months Ended
Note 18 - Subsequent Events	Nov. 30, 2017
Notes to Financial Statements
Subsequent Events [Text Block]	1 8 . SUBSEQUENT EVENTS Departure of Executive Vice President, Chief Operating Officer On November 14, 2017, the Company announced that Mark J. Hale would separate from his position as Executive Vice President, Chief Operating Officer. The separation was effective on December 31, 2017. Under the terms of the separation of employment and general release agreement with Mark J. Hale (the “Agreement”), Mr. Hale was scheduled to receive: (i) a payment of $427,500 on or before January 11, 2018; ( ii) the acceleration of the vesting of certain outstanding restricted shares on December 31, 2017; and (iii) the acceleration of the vesting of certain outstanding stock options on December 31, 2017. In addition, the Agreement provides for a release of claims by Mr. Hale and the Company and other terms and conditions customary for agreements of this nature. The foregoing description of the Separation Agreement is a summary only and is qualified in its entirety by reference to the full text of the Separation Agreement which is attached hereto as Exhibit 10.1 to this Quarterly Report on Form 10 -Q and incorporated herein by reference. Recently Enacted Tax Reform Bill On December 22, 2017, the Tax Cuts and Jobs Act (the “Tax Act”) was signed into U.S. law and included numerous provisions that significantly revise existing tax law. The Tax Act introduces changes , including the reduction of the corporate income statutory tax rate from 35% to 21% effective January 1, 2018 as well as a variety of other changes including the limitation of the tax deductibility of interest expense, acceleration of expensing of certain business assets, the transition of U.S. international taxation from a worldwide tax system to a territorial tax system, and reductions in the amount of executive pay that could qualify as a tax deduction. The Company is currently evaluating the impact of the Tax Act on its consolidated financial statements.

XML 38 R25.htm IDEA: XBRL DOCUMENT

Significant Accounting Policies (Policies)	3 Months Ended
Significant Accounting Policies (Policies)	Nov. 30, 2017
Accounting Policies [Abstract]
New Accounting Pronouncements, Policy [Policy Text Block]	New Accounting Standards or Updates Recently Adopted Balance Sheet Classification of Deferred Taxes During the first quarter of fiscal 2018, FactSet adopted the accounting standard update issued by the FASB in November 2015 to simplify the presentation of deferred taxes on the balance sheet. This accounting standard update requires an entity to present all deferred tax assets and deferred tax liabilities as non-current on the balance sheet. Under the previous guidance, entities were required to separately present deferred taxes as current or non-current. Netting deferred tax assets and deferred tax liabilities by tax jurisdiction will still be required under the new guidance. This accounting standard update is a change to the balance sheet presentation only. The changes have been applied prospectively as permitted by the standard and prior periods have not been restated. Share-Based Payments During the first quarter of fiscal 2018, FactSet adopted the accounting standard update issued by the FASB in March 2016, which simplifies several aspects of the accounting for employee share-based payment transactions, including the accounting for income taxes, forfeitures and statutory tax withholding requirements, as well as classification in the statement of cash flow s. This accounting standard update will increase the volatility within the Company’s provision for income taxes as all excess tax benefits or deficiencies related to share-based payments, that were previously reported within equity, are now recognized in the consolidated statement of income. In addition, this standard changes the classification of excess tax benefits presented in the Company's consolidated statements of cash flows from a financing activity to an operating activity, which has be applied on a prospective basis as permitted by the standard and prior periods have not been restated. Share-based payment expense will continue to reflect estimated forfeitures of share-based payment awards. The adoption of this standard resulted in the recognition of $4.1 million of excess tax benefits to FactSet’s provision for income taxes during the first quarter of fiscal 2018. The recognition of these benefits contributed $0.09 to diluted earnings per share for the three months ended November 30, 2017. The remaining provisions of this standard did not have a material impact on the Company’s consolidated financial statements. Recent Accounting Standards or Updates Not Yet Effective Revenue Recognition In May 2014 and July 2015, the FASB issued accounting standard updates , which provide clarified principles for recognizing revenue arising from contracts with clients and supersede most current revenue recognition guidance, including industry-specific guidance. The core principle of the revenue model is that an entity recognizes revenue to depict the transfer of promised goods or services to clients in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. These accounting standard updates will be effective for FactSet beginning in the first quarter of fiscal 2019, with early adoption in fiscal 2018 permitted and allow for either full retrospective or modified retrospective adoption. The Company plans to adopt the standard on September 1, 2018 and is currently evaluating the impact of these accounting standard updates on its consolidated financial statements and the method of adoption. Recognition and Measurement of Financial Assets and Financial Liabilities In January 2016, the FASB issued an accounting standard update to amend its current guidance on the classification and measurement of certain financial instruments. The account ing standard update significantly revises an entity’s accounting related to the presentation of certain fair value changes for financial liabilities measured at fair value. This guidance also amends certain disclosure requirements associated with the fair value of financial instruments. This guidance will be effective for FactSet beginning in the first quarter of fiscal 2019. The Company is currently evaluating the impact of this accounting standard update on its consolidated financial statements. Leases In February 2016, the FASB issued an accounting standard update related to accounting for leases. The guidance introduces a lessee model that requires most leases to be reported on the balance sheet. The accounting standard update aligns many of the underlying principles of the new lessor model with those in the FASB ’s new revenue recognition standard. The guidance also eliminates the requirement in current U.S. GAAP for an entity to use bright-line tests in determining lease classification. This accounting standard update will be effective for FactSet beginning in the first quarter of fiscal 2020, with early adoption in fiscal 2019 permitted. The Company is currently evaluating the impact of this accounting standard update on its consolidated financial statements. Share-Based Payments In May 2017, the FASB issued an accounting standard update, which amends the scope of modification accounting for share-based payment arrangements. The guidance focuses on changes to the terms or conditions of share-based payment awards that would require the application of modification accounting and specifies that an entity would not apply modification accounting if the fair value, vesting conditions and classification of the awards are the same immediately before and after the modification. This accounting standard update will be effective for FactSet beginning in the first quarter of fiscal 2019, with early adoption permitted. The Company is currently evaluating the impact of this accounting standard update on its consolidated financial statements. Cash Flow Simplification In August 2016, the FASB issued an accounting standard update, which simplifies how certain transactions are classified in the statement of cash flows. This includes revised guidance on the cash flow classification of debt prepayments and debt extinguishment costs, contingent consideration payments made after a business combination and distributions received from equity method investments. The guidance is intended to reduce diversity in practice across all industries. This accounting standard update will be effective for FactSet beginning in the first quarter of fiscal 2019. The Company is currently evaluating the impact of this accounting standard update on its consolidated financial statements. Income Taxes on Intra-Entity Transfer s of Asset s In October 2016, the FASB issued an accounting standard update, which removes the prohibition against the immediate recognition of the current and deferred income tax effects of intra-entity transfers of assets other than inventory. The guidance is intended to reduce diversity in practice related to the tax consequences of certain types of intra-entity asset transfers, particularly those involving intellectual property. This accounting standard update will be effective for FactSet beginning in the first quarter of fiscal 2019. The Company is currently evaluating the impact of this accounting standard update on its consolidated financial statements. Goodwill Impairment Test In January 2017, the FASB issued an accounting standard update , which removes the requirement for companies to compare the implied fair value of goodwill with its carrying amount as part of step 2 of the goodwill impairment test. A goodwill impairment will now be the amount by which a reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. This accounting standard update will be effective for FactSet beginning in the first quarter of fiscal 2021, with early adoption permitted for any impairment tests performed after January 1, 2017. The Company is currently evaluating the impact of this accounting standard update on its consolidated financial statements. Hedge Accounting Simplification In August 2017, the FASB issued an accounting standard update to reduce the complexity of and simplify the application of hedging accounting. The guidance refines and expands hedge accounting for both financial and nonfinancial risk components, eliminates the need to separately measure and report hedge ineffectiveness, and aligns the recognition and presentation of the effects of the hedging instrument and the hedged item in the financial statements. This guidance will be effective for FactSet beginning in the first quarter of fiscal 2020, with early adoption permitted. The Company is currently evaluating the impact of this accounting standard update on its consolidated financial statements.

XML 39 R26.htm IDEA: XBRL DOCUMENT

Note 4 - Fair Value Measures (Tables)

3 Months Ended

Nov. 30, 2017

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

	Fair Value Measurements at November 30, 2017
(in thousands)	Level 1		Level 2		Level 3		Total
Assets
Corporate money market funds (1)	$	47,741	$	—	$	—	$	47,741
Mutual f unds (2)		—		20,475		—		20,475
Certificates of deposit ( 3 )		—		11,202		—		11,202
Derivative instruments (4 )		—		5,375		—		5,375
Total assets measured at fair value	$	47,741	$	37,052	$	—	$	84,793

Liabilities
Derivative instruments (4)	$	—	$	—	$	—	$	—
Total liabilities measured at fair value	$	—	$	—	$	—	$	—

	Fair Value Measurements at August 31, 2017
(in thousands)	Level 1		Level 2		Level 3		Total
Assets
Corporate money market funds (1)	$	26,677	$	—	$	—	$	26,677
Mutual Funds (2)		—		18,364		—		18,364
Certificates of deposit (3)		—		14,080		—		14,080
Derivative instruments (4)		—		6,142		—		6,142
Total assets measured at fair value	$	26,677	$	38,586	$	—	$	65,263

Liabilities
Derivative instruments (4)	$	—	$	—	$	—	$	—
Total liabilities measured at fair value	$	—	$	—	$	—	$	—

XML 40 R27.htm IDEA: XBRL DOCUMENT

Note 5 - Derivative Instruments (Tables)

3 Months Ended

Nov. 30, 2017

Schedule of Foreign Exchange Contracts, Statement of Financial Position [Table Text Block]

(in thousands)	Gross Notional Value				Fair Value (Liability) Asset
Currency Hedged (in U.S. dollars)	November 30, 2017		August 31, 2017		November 30, 2017		August 31, 2017
Indian Rupee		43,860		51,000		5,375		6,142
Total	$	43,860	$	51,000	$	5,375	$	6,142

Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block]

(in thousands) Designation of Derivatives	Balance Sheet Location	November 30, 2017		August 31, 2017
Derivatives designated as hedging instruments	Assets: Foreign Currency Forward Contracts
	Prepaid expenses and other current assets	$	3,943	$	3,796
	Other assets	$	1,432	$	2,346
	Liabilities: Foreign Currency Forward Contracts
	Accounts payable and accrued expenses	$	—	$	—

Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]

(in thousands)	Loss Recognized in AOCL on Derivatives (Effective Portion)						Location of Loss Reclassified from AOCL into Income (Effective Portion)	Gain ( Loss) Reclassified from AOCL into Income (Effective Portion)
Derivatives in Cash Flow Hedging Relationships	2017			2016				2017		2016
Foreign currency forward contracts	$	(1	)	$	(649	)	SG&A	$	763	$	(1,357	)

XML 41 R28.htm IDEA: XBRL DOCUMENT

Note 6 - Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

Nov. 30, 2017

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]

	November 30, 2017						November 30, 2016
(in thousands)	Pre-tax			Net of tax			Pre-tax			Net of tax
Foreign currency translation adjustments	$	8,466		$	8,466		$	(11,497	)	$	(11,497	)
Realized (gain) loss on cash flow hedges reclassified to earnings (1)		(763	)		(476	)		1,357			857
Unrealized (loss) gain on cash flow hedges recognized in AOCL		(1	)		—			(649	)		(410	)
Other comprehensive income (loss)	$	7,702		$	7,990		$	(10,789	)	$	(11,050	)

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

(in thousands)	November 30, 2017			August 31, 2017
Accumulated unrealized gains on cash flow hedges, net of tax	$	3,326		$	3,802
Accumulated foreign currency translation adjustments		(30,056	)		(38,522	)
Total accumulated other comprehensive loss	$	(26,730	)	$	(34,720	)

XML 42 R29.htm IDEA: XBRL DOCUMENT

Note 7 - Segment Information (Tables)

3 Months Ended

Nov. 30, 2017

Schedule of Segment Reporting Information, by Segment [Table Text Block]

(in thousands) For the three months ended November 30, 2017	U.S.		Europe		Asia Pacific		Total
Revenues from clients	$	208,768	$	91,727	$	28,646	$	329,141
Segment operating profit		40,771		32,970		15,357		89,098
Total assets		719,491		603,848		107,263		1,430,602
Capital expenditures		3,545		1,524		843		5,912

For the three months ended November 30, 2016	U.S.		Europe		Asia Pacific		Total
Revenues from clients	$	190,627	$	71,863	$	25,573	$	288,063
Segment operating profit		40,005		36,584		13,730		90,319
Total assets		698,328		262,523		85,314		1,046,165
Capital expenditures		11,125		491		921		12,537

XML 43 R30.htm IDEA: XBRL DOCUMENT

Note 8 - Business Combinations (Tables)

3 Months Ended

Nov. 30, 2017

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

(i n thousands )
Tangible assets acquired	$	27,583
Amortizable intangible assets
Software technology		18,261
Client relationships		37,597
Trade name		741
Goodwill		173,898
Total assets acquired	$	258,080
Liabilities assumed		(40,443	)
Net assets acquired	$	217,637

(i n thousands )
Tangible assets acquired	$	7,916
Amortizable intangible assets
Software technology		10,916
Client relationships		5,954
Non-compete agreements		806
Trade name		571
Goodwill		51,157
Total assets acquired	$	77,320
Liabilities assumed		(9,434	)
Net assets acquired	$	67,886

XML 44 R31.htm IDEA: XBRL DOCUMENT

Note 9 - Goodwill (Tables)

3 Months Ended

Nov. 30, 2017

Schedule of Goodwill [Table Text Block]

(i n thousands )	U.S.			Europe			Asia Pacific			Total
Balance at August 31, 2017	$	386,835		$	317,759		$	2,966		$	707,560
Foreign currency translations		—			5,390			(49	)		5,341
Other adjustments		(107	)		(318	)		—			(425	)
Balance at November 30, 2017	$	386,728		$	322,831		$	2,917		$	712,476

XML 45 R32.htm IDEA: XBRL DOCUMENT

Note 10 - Intangible Assets (Tables)

3 Months Ended

Nov. 30, 2017

Schedule of Finite-Lived Intangible Assets [Table Text Block]

At November 30, 2017 (in thousands)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Data content	$	35,039	$	19,890	$	15,149
Client relationships		100,375		24,341		76,034
Software technology		106,610		34,362		72,248
Non-compete agreements		4,875		1,750		3,125
Trade names		4,113		1,795		2,318
Total	$	251,012	$	82,138	$	168,874

At August 31, 2017 (in thousands)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Data content	$	34,116	$	18,899	$	15,217
Client relationships		99,779		22,339		77,440
Software technology		105,963		30,889		75,074
Non-compete agreements		4,833		1,518		3,315
Trade names		4,080		1,583		2,497
Total	$	248,771	$	75,228	$	173,543

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

Fiscal Year (in thousands)	Estimated Amortization Expense
2018 (remaining nine months)		$	18,533
2019			23,838
2020			23,120
2021			21,589
2022			19,259
Thereafter			62,535
Total		$	168,874

XML 46 R33.htm IDEA: XBRL DOCUMENT

Note 11 - Common Stock and Earnings Per Share (Tables)

3 Months Ended

Nov. 30, 2017

Schedule of Stock by Class [Table Text Block]

	Three Months ended November 30,
(i n thousands)	2017			2016
Balance at September 1		39,023			40,038
Common stock issued for employee stock plans		256			310
Repurchase of common stock from employees (1)		(4	)		(36	)
Repurchase of common stock under the share repurchase program		(165	)		(505	)
Repurchase of common stock under accelerated share repurchase agreement		—			(103	) (2)
Balance at November 30, 201 7 and 2016, respectively		39,110			39,704

Schedule of Weighted Average Number of Shares [Table Text Block]

(in thousands, except per share data)	Net Income (Numerator)		Weighted Average Common Shares (Denominator)		Per Share Amount
For the three months ended November 30, 2017
Basic EPS
Income available to common stockholders	$	70,379		39,085	$	1.80
Diluted EPS
Dilutive effect of stock options and restricted stock				595
Income available to common stockholders plus assumed conversions	$	70,379		39,680	$	1.77
For the three months ended November 30, 2016
Basic EPS
Income available to common stockholders	$	66,583		39,827	$	1.67
Diluted EPS
Dilutive effect of stock options and restricted stock				273
Income available to common stockholders plus assumed conversions	$	66,583		40,100	$	1.66

- Definition

Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21506-112644

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 480
-SubTopic 10
-Section S99
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=65877616&loc=d3e177068-122764

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(d))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(29))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21553-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21475-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(28))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=65888546&loc=d3e21300-112643

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(27))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21521-112644

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21484-112644

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21538-112644

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21488-112644

+ Details

XML 47 R34.htm IDEA: XBRL DOCUMENT

Note 12 - Stockholders' Equity (Tables)

3 Months Ended

Nov. 30, 2017

Dividends Declared [Table Text Block]

Declaration Date	Dividends Per Share of Common Stock		Type	Record Date	Total $ Amount (in thousands)		Payment Date
November 8, 2017	$	0.56	Regular (cash)	November 30, 2017	$	21,902	December 19, 2017
August 10, 2017	$	0.56	Regular (cash)	August 31, 2017	$	21,853	September 19, 2017
May 5, 2017	$	0.56	Regular (cash)	May 31, 2017	$	21,951	June 20, 2017
February 6, 2017	$	0.50	Regular (cash)	February 28, 2017	$	19,709	March 21, 2017
November 10, 2016	$	0.50	Regular (cash)	November 30, 2016	$	19,852	December 20, 2016
August 5, 2016	$	0.50	Regular (cash)	August 31, 2016	$	20,019	September 20, 2016

XML 48 R35.htm IDEA: XBRL DOCUMENT

Note 13 - Employee Stock Option and Retirement Plans (Tables)

3 Months Ended

Nov. 30, 2017

Schedule of Share-based Compensation, Stock Options and Stock Appreciation Rights Award Activity [Table Text Block]

(in thousands, except per share data)	Number Outstanding			Weighted Average Exercise Price Per Share
Balance at August 31, 2017		3,366		$	139.29
Granted – nonperformance-based		554		$	189.98
Exercised		(226	)	$	104.90
Forfeited		(25	)	$	133.89
Balance at November 30, 201 7		3,669		$	149.09

Schedule of Share-based Compensation Vesting Percentage and Related Expenses [Table Text Block]

Vesting Percentage (in thousands)	Cumulative Catch-up Adjustment*			Remaining Expense to be Recognized
0%	$	(844	)		—
10%	$	(633	)	$	89
40% (current expectation)	$	—		$	356
70%	$	633		$	623
100%	$	1,266		$	891

Vesting Percentage (in thousands)	Cumulative Catch-up Adjustment*		Remaining Expense to be Recognized
0% (current expectation)	$	—	$	—
100%	$	473	$	2,232

Vesting Percentage (in thousands)	Cumulative Catch-up Adjustment*		Remaining Expense to be Recognized
0% (current expectation)	$	—	$	—
80%	$	592	$	6,515
90%	$	666	$	7,329
100%	$	740	$	8,144

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]

(in thousands, except per award data)	Number Outstanding			Weighted Average Grant Date Fair Value Per Award
Balance at August 31, 2017		182		$	138.62
Granted		1		$	182.17
Forfeited		(10	)	$	114.37
Vested (1)		(11	)	$	157.37
Balance at November 30, 2017		162		$	139.12

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]

(in thousands)	Share-based Awards Available for Grant under the Employee Option Plan			Share-based Awards Available for Grant under the Non-Employee Directors Plan
Balance at August 31, 2017		897			42
Granted – nonperformance-based options		(554	)		—
Granted – performance-based options		—			—
Granted – restricted stock awards (1)		(2	)		—
Share-based awards canceled/forfeited (2)		51			—
Balance at November 30, 2017		392			42

XML 49 R36.htm IDEA: XBRL DOCUMENT

Note 14 - Stock-based Compensation (Tables)

3 Months Ended

Nov. 30, 2017

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

Three months ended November 30,	2017			2016
Term structure of risk-free interest rate	1.28%	-	2.41%	0.07%	-	2.09%
Expected life (years)		7.4			7.4
Term structure of volatility	19%	-	29%	21%	-	30%
Dividend yield		1.32%			1.18%
Weighted average estimated fair value		$48.27			$39.60
Weighted average exercise price		$189.98			$152.51
Fair value as a percentage of exercise price		25.4%			26.0%

The 2008 Employee Stock Purchase Plan [Member]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

Three months ended November 30,	2017			2016
Risk-free interest rate		1.11	%		0.35	%
Expected life (months)		3			3
Expected volatility		7.97	%		10.3	%
Dividend yield		1.42	%		1.11	%
Weighted average estimated fair value	$	25.79		$	30.32

Non Employee Directors Stock Option Plan [Member]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

Risk-free interest rate	1. 95	%
Expected life (years)	5.4
Expected volatility	22.7	%
Dividend yield	1.24	%

XML 50 R37.htm IDEA: XBRL DOCUMENT

Note 15 - Income Taxes (Tables)

3 Months Ended

Nov. 30, 2017

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

	Three months ended November 30,
(in thousands)	2017			2016
Income before income taxes	$	86,179		$	89,820
Total provision for income taxes	$	15,800		$	23,237
Effective tax rate		18.3	%		25.9	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

(in thousands)	November 30, 2017			August 31, 2017
Deferred tax assets:
Receivable reserve	$	913		$	811
Depreciation on property, equipment and leasehold improvements		3,235			2,220
Deferred rent		11,452			11,615
Stock-based compensation		19,447			20,117
Purchased intangible assets, including acquired technology		(33,376	)		(32,742	)
Other		5,304			8,059
Total deferred tax assets	$	6,975		$	10,080

(in thousands)	November 30, 2017			August 31, 2017
Deferred tax liabilities:
Stock-based compensation	$	(840	)	$	(815	)
Depreciation on property, equipment and leasehold improvements		531			168
Purchased intangible assets, including acquired technology		25,569			26,231
Other		(232	)		1,690
Total deferred tax liabilities	$	25,028		$	27,274

Summary of Income Tax Contingencies [Table Text Block]

(in thousands)
Unrecognized income tax benefits at August 31, 2017	$	11,484
Additions based on tax positions related to the current year		448
Additions for tax positions of prior years		134
Reductions from settlements with taxing authorities		(2,601	)
Unrecognized income tax benefits at November 30, 2017	$	9,465

Summary of Income Tax Examinations [Table Text Block]

Major Tax Jurisdictions	Open Tax Years
U.S.
Federal	201 4 through 2018
State (various)	201 4 through 2018
Europe
France	201 4 through 2018
United Kingdom	201 6 through 2018
Germany	2017 through 2018

XML 51 R38.htm IDEA: XBRL DOCUMENT

Note 16 - Long-term Debt (Tables)

3 Months Ended

Nov. 30, 2017

Schedule of Debt [Table Text Block]

(in thousands)	November 30 , 2017		August 31, 2017
2017 Revolving Credit Facility	$	574,666	$	575,000
Total Outstanding Debt	$	574,666	$	575,000

XML 52 R39.htm IDEA: XBRL DOCUMENT

Note 17 - Commitments and Contingencies (Tables)

3 Months Ended

Nov. 30, 2017

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

Years ended August 31, (in thousands)	Minimum Lease Payments
2018 (remaining nine months)	$	29,729
2019		36,729
2020		28,669
2021		21,558
2022		20,858
Thereafter		144,761
Total	$	282,304

XML 53 R40.htm IDEA: XBRL DOCUMENT

Note 3 - Recent Accounting Pronouncements (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		15 Months Ended
	Nov. 30, 2017	Nov. 30, 2016	Nov. 30, 2018
Income Tax Expense (Benefit)	$ 15,800	$ 23,237
Earnings Per Share, Diluted	$ 1.77	$ 1.66
Accounting Standards Update 2016-09 [Member]
Income Tax Expense (Benefit)	$ (4,100)
Earnings Per Share, Diluted	$ 0.09
Accounting Standards Update 2016-09 [Member] \| Scenario, Forecast [Member]
Earnings Per Share, Diluted			$ 0

XML 54 R41.htm IDEA: XBRL DOCUMENT

Note 4 - Fair Value Measures (Details Textual) $ in Millions	Nov. 30, 2017 USD ($)
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 2 [Member]
Long-term Debt, Fair Value	$ 575

XML 55 R42.htm IDEA: XBRL DOCUMENT

Note 4 - Fair Value Measures - Assets and Liabilities Measured at Fair Value (Details) - Fair Value, Measurements, Recurring [Member] - USD ($)
$ in Thousands

Nov. 30, 2017

Aug. 31, 2017

^[1]

$ 5,375

$ 6,142

84,793

65,263

^[1]

Money Market Funds [Member]

^[2]

47,741

26,677

Mutual Funds [Member]

Certificates of Deposit [Member]

^[3]

20,475

18,364

Fair Value, Inputs, Level 1 [Member]

^[4]

11,202

14,080

^[1]

47,741

26,677

^[1]

Fair Value, Inputs, Level 1 [Member] | Money Market Funds [Member]

Fair Value, Inputs, Level 1 [Member] | Mutual Funds [Member]

^[2]

47,741

26,677

Fair Value, Inputs, Level 1 [Member] | Certificates of Deposit [Member]

^[3]

Fair Value, Inputs, Level 2 [Member]

^[4]

^[1]

5,375

6,142

37,052

38,586

^[1]

Fair Value, Inputs, Level 2 [Member] | Money Market Funds [Member]

Fair Value, Inputs, Level 2 [Member] | Mutual Funds [Member]

^[2]

Fair Value, Inputs, Level 2 [Member] | Certificates of Deposit [Member]

^[3]

20,475

18,364

Fair Value, Inputs, Level 3 [Member]

^[4]

11,202

14,080

^[1]

^[1]

Fair Value, Inputs, Level 3 [Member] | Money Market Funds [Member]

Fair Value, Inputs, Level 3 [Member] | Mutual Funds [Member]

^[2]

Fair Value, Inputs, Level 3 [Member] | Certificates of Deposit [Member]

^[3]

Foreign currency translation adjustments

^[4]

[1]	The Company utilizes the income approach to measure fair value for its derivative instruments (foreign currency forward contracts). The income approach uses pricing models that rely on market observable inputs such as spot, forward and interest rates, as well as credit default swap spreads and therefore, are classified as Level 2.
[2]	The Company's corporate money market funds are traded in an active market and the net asset value of each fund on the last day of the quarter is used to determine its fair value. As such, the Company's corporate money market funds are classified as Level 1 and included in cash and cash equivalents on the Consolidated Balance Sheets.
[3]	The Company's mutual funds have a fair value based on the fair value of the underlying investments held by the mutual funds allocated to each share of the mutual fund using a net asset value approach. The fair value of the underlying investments is based on observable inputs. As such, the Company’s mutual funds are classified as Level 2 and are classified as investments (short-term) on the Consolidated Balance Sheets.
[4]	The Company's certificates of deposit held for investment are not debt securities and are classified as Level 2. These certificates of deposit have original maturities greater than three months, but less than one year and, as such, are classified as investments (short-term) on the Consolidated Balance Sheets.

XML 56 R43.htm IDEA: XBRL DOCUMENT

Note 5 - Derivative Instruments (Details Textual) $ in Thousands, ₨ in Billions	3 Months Ended
	Nov. 30, 2017 USD ($)	Nov. 30, 2017 INR (₨)	Aug. 31, 2017 USD ($)
Foreign Exchange Contract [Member] \| Cash Flow Hedging [Member] \| Designated as Hedging Instrument [Member]
Derivative Asset, Notional Amount	$ 43,860	₨ 3.3	$ 51,000
Derivative Instruments, Gain (Loss) Reclassification from Accumulated OCI to Income, Estimated Net Amount to be Transferred	$ 3,900
India, Rupees
Percent of Foreign Exchange Contracts Hedged	75.00%
India, Rupees \| Foreign Exchange Contract [Member] \| Cash Flow Hedging [Member] \| Designated as Hedging Instrument [Member]
Derivative Asset, Notional Amount	$ 43,860		$ 51,000

XML 57 R44.htm IDEA: XBRL DOCUMENT

Note 5 - Derivative Instruments - Hedging Positions and Corresponding Fair Values (Details) - Cash Flow Hedging [Member] - Foreign Exchange Contract [Member] - Designated as Hedging Instrument [Member] $ in Thousands, ₨ in Billions	Nov. 30, 2017 USD ($)	Nov. 30, 2017 INR (₨)	Aug. 31, 2017 USD ($)
Gross Notional Value	$ 43,860	₨ 3.3	$ 51,000
Fair Value Asset (Liability)	5,375		6,142
India, Rupees
Gross Notional Value	43,860		51,000
Fair Value Asset (Liability)	$ 5,375		$ 6,142

XML 58 R45.htm IDEA: XBRL DOCUMENT

Note 5 - Derivative Instruments - Fair Value Amounts of Derivative Instruments and Gains (Details) - Foreign Exchange Contract [Member] - Cash Flow Hedging [Member] - Designated as Hedging Instrument [Member] - USD ($) $ in Thousands	Nov. 30, 2017	Aug. 31, 2017
Prepaid Expenses and Other Current Assets [Member]
Derivative assets	$ 3,943	$ 3,796
Other Assets [Member]
Derivative assets	1,432	2,346
Accounts Payable and Accrued Liabilities [Member]
Derivative liabilities

XML 59 R46.htm IDEA: XBRL DOCUMENT

Note 5 - Derivative Instruments - Derivatives in Cash Flow Hedging Relationships (Details) - Cash Flow Hedging [Member] - Designated as Hedging Instrument [Member] - Foreign Exchange Contract [Member] - Selling, General and Administrative Expenses [Member] - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2017	Nov. 30, 2016
Foreign currency forward contracts	$ (1)	$ (649)
Foreign currency forward contracts	$ 763	$ (1,357)

XML 60 R47.htm IDEA: XBRL DOCUMENT

Note 6 - Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Loss - Reclassified Out of Accumulated Other Comprehensive Loss (Details) - USD ($)
$ in Thousands

3 Months Ended

Nov. 30, 2017

Nov. 30, 2016

$ 8,466

$ (11,497)

Foreign currency translation adjustments

8,466

(11,497)

Realized loss (gain) on cash flow hedges reclassified to earnings, pre-tax

^[1]

(763)

1,357

Realized loss (gain) on cash flow hedges reclassified to earnings

^[1]

(476)

857

Unrealized gain (loss) on cash flow hedges recognized in AOCL, pre-tax

(1)

(649)

Unrealized (loss) gain on cash flow hedges recognized in AOCL

(410)

Other comprehensive income (loss), pre-tax

7,702

(10,789)

Other comprehensive income (loss)

$ 7,990

$ (11,050)

[1]	Reclassified to Selling, General and Administrative Expenses

XML 61 R48.htm IDEA: XBRL DOCUMENT

Note 6 - Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Loss - Components of Other Comprehensive Loss (Details) - USD ($) $ in Thousands	Nov. 30, 2017	Aug. 31, 2017
Accumulated unrealized gains on cash flow hedges, net of tax	$ 3,326	$ 3,802
Accumulated foreign currency translation adjustments	(30,056)	(38,522)
Total accumulated other comprehensive loss	$ (26,730)	$ (34,720)

XML 62 R49.htm IDEA: XBRL DOCUMENT

Note 7 - Segment Information (Details Textual) - USD ($) $ in Thousands	Nov. 30, 2017	Aug. 31, 2017
Goodwill	$ 712,476	$ 707,560
UNITED STATES
Goodwill	$ 386,728	386,835
Goodwill Percentage Per Segment	54.00%
Europe [Member]
Goodwill	$ 322,831	317,759
Goodwill Percentage Per Segment	45.00%
Asia Pacific [Member]
Goodwill	$ 2,917	$ 2,966
Goodwill Percentage Per Segment	1.00%

XML 63 R50.htm IDEA: XBRL DOCUMENT

Note 7 - Segment Information - Results of Operations (Details) - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2017	Nov. 30, 2016	Aug. 31, 2017
Revenues from clients	$ 329,141	$ 288,063
Segment operating profit	89,098	90,319
Total assets	1,430,602	1,046,165	$ 1,413,315
Capital expenditures	5,912	12,537
UNITED STATES
Revenues from clients	208,768	190,627
Segment operating profit	40,771	40,005
Total assets	719,491	698,328
Capital expenditures	3,545	11,125
Europe [Member]
Revenues from clients	91,727	71,863
Segment operating profit	32,970	36,584
Total assets	603,848	262,523
Capital expenditures	1,524	491
Asia Pacific [Member]
Revenues from clients	28,646	25,573
Segment operating profit	15,357	13,730
Total assets	107,263	85,314
Capital expenditures	$ 843	$ 921

XML 64 R51.htm IDEA: XBRL DOCUMENT

Note 8 - Business Combinations (Details Textual) $ in Millions			12 Months Ended
	Mar. 17, 2017 USD ($)	Nov. 08, 2016 USD ($)	Aug. 31, 2017 USD ($)
BI-SAM Technologies [Member] \| Customer Relationships [Member]
Finite-Lived Intangible Asset, Useful Life	16 years
BI-SAM Technologies [Member] \| Computer Software, Intangible Asset [Member]
Finite-Lived Intangible Asset, Useful Life	5 years
BI-SAM Technologies [Member] \| Trade Names [Member]
Finite-Lived Intangible Asset, Useful Life	4 years
BI-SAM Technologies [Member] \| Selling, General and Administrative Expenses [Member]
Business Combination, Acquisition Related Costs			$ 3.2
Vermilion Holdings Limited [Member]
Business Combination, Consideration Transferred		$ 67.9
Vermilion Holdings Limited [Member] \| Customer Relationships [Member]
Finite-Lived Intangible Asset, Useful Life		15 years
Vermilion Holdings Limited [Member] \| Computer Software, Intangible Asset [Member]
Finite-Lived Intangible Asset, Useful Life		6 years
Vermilion Holdings Limited [Member] \| Trade Names [Member]
Finite-Lived Intangible Asset, Useful Life		4 years
Vermilion Holdings Limited [Member] \| Noncompete Agreements [Member]
Finite-Lived Intangible Asset, Useful Life		3 years
Vermilion Holdings Limited [Member] \| Selling, General and Administrative Expenses [Member]
Business Combination, Acquisition Related Costs			$ 0.7
BI-SAM Technologies [Member]
Business Combination, Consideration Transferred	$ 217.6
Finite-lived Intangible Assets Acquired	56.6
Goodwill, Acquired During Period	$ 173.9
BI-SAM Technologies [Member] \| Minimum [Member]
Entity Number of Employees	160
Vermilion Holdings Limited [Member]
Entity Number of Employees		59
Finite-lived Intangible Assets Acquired		$ 18.2
Goodwill, Acquired During Period		$ 51.2

XML 65 R52.htm IDEA: XBRL DOCUMENT

Note 8 - Business Combinations - Business Acquired (Details) - USD ($) $ in Thousands	Nov. 30, 2017	Aug. 31, 2017	Mar. 17, 2017	Nov. 08, 2016
Goodwill	$ 712,476	$ 707,560
BI-SAM Technologies [Member]
Tangible assets acquired			$ 27,583
Goodwill			173,898
Total assets acquired			258,080
Liabilities assumed			(40,443)
Net assets acquired			217,637
BI-SAM Technologies [Member] \| Computer Software, Intangible Asset [Member]
Amortizable intangible assets			18,261
BI-SAM Technologies [Member] \| Customer Relationships [Member]
Amortizable intangible assets			37,597
BI-SAM Technologies [Member] \| Trade Names [Member]
Amortizable intangible assets			$ 741
Vermilion Holdings Limited [Member]
Tangible assets acquired				$ 7,916
Goodwill				51,157
Total assets acquired				77,320
Liabilities assumed				(9,434)
Net assets acquired				67,886
Vermilion Holdings Limited [Member] \| Computer Software, Intangible Asset [Member]
Amortizable intangible assets				10,916
Vermilion Holdings Limited [Member] \| Customer Relationships [Member]
Amortizable intangible assets				5,954
Vermilion Holdings Limited [Member] \| Trade Names [Member]
Amortizable intangible assets				571
Vermilion Holdings Limited [Member] \| Noncompete Agreements [Member]
Amortizable intangible assets				$ 806

XML 66 R53.htm IDEA: XBRL DOCUMENT

Note 9 - Goodwill (Details Textual) $ in Thousands	3 Months Ended
Note 9 - Goodwill (Details Textual) $ in Thousands	Nov. 30, 2017 USD ($)
Number of Reporting Units	3
Goodwill, Impairment Loss	$ 0

XML 67 R54.htm IDEA: XBRL DOCUMENT

Note 9 - Goodwill - Changes in the Carrying Amount of Goodwill by Segment (Details) $ in Thousands	3 Months Ended
	Nov. 30, 2017 USD ($)
Begining Balance	$ 707,560
Foreign currency translations	5,341
Other adjustments	(425)
Ending Balance	712,476
UNITED STATES
Begining Balance	386,835
Foreign currency translations
Other adjustments	(107)
Ending Balance	386,728
Europe [Member]
Begining Balance	317,759
Foreign currency translations	5,390
Other adjustments	(318)
Ending Balance	322,831
Asia Pacific [Member]
Begining Balance	2,966
Foreign currency translations	(49)
Other adjustments
Ending Balance	$ 2,917

XML 68 R55.htm IDEA: XBRL DOCUMENT

Note 10 - Intangible Assets (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Nov. 30, 2017	Nov. 30, 2016
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	11 years 182 days
Amortization of Intangible Assets	$ 6,200	$ 3,800
Impairment of Intangible Assets (Excluding Goodwill)	$ 0	$ 0

XML 69 R56.htm IDEA: XBRL DOCUMENT

Note 10 - Intangible Assets - Identifiable Intangible Assets (Details) - USD ($) $ in Thousands	Nov. 30, 2017	Aug. 31, 2017
Gross Carrying Amount	$ 251,012	$ 248,771
Accumulated Amortization	82,138	75,228
Net Carrying Amount	168,874	173,543
Data Content [Member]
Gross Carrying Amount	35,039	34,116
Accumulated Amortization	19,890	18,899
Net Carrying Amount	15,149	15,217
Customer Relationships [Member]
Gross Carrying Amount	100,375	99,779
Accumulated Amortization	24,341	22,339
Net Carrying Amount	76,034	77,440
Computer Software, Intangible Asset [Member]
Gross Carrying Amount	106,610	105,963
Accumulated Amortization	34,362	30,889
Net Carrying Amount	72,248	75,074
Noncompete Agreements [Member]
Gross Carrying Amount	4,875	4,833
Accumulated Amortization	1,750	1,518
Net Carrying Amount	3,125	3,315
Trade Names [Member]
Gross Carrying Amount	4,113	4,080
Accumulated Amortization	1,795	1,583
Net Carrying Amount	$ 2,318	$ 2,497

XML 70 R57.htm IDEA: XBRL DOCUMENT

Note 10 - Intangible Assets - Estimated Amortization Expense (Details) $ in Thousands	Nov. 30, 2017 USD ($)
2018 (remaining nine months)	$ 18,533
2019	23,838
2020	23,120
2021	21,589
2022	19,259
Thereafter	62,535
Total	$ 168,874

XML 71 R58.htm IDEA: XBRL DOCUMENT

Note 11 - Common Stock and Earnings Per Share (Details Textual) - USD ($)
$ / shares in Units, $ in Thousands

3 Months Ended

Dec. 19, 2017

Nov. 08, 2017

Aug. 10, 2017

May 05, 2017

Feb. 06, 2017

Nov. 10, 2016

Aug. 05, 2016

Nov. 30, 2017

Nov. 30, 2016

Common Stock, Dividends, Per Share, Cash Paid

$ 0.56

Dividends, Cash

$ 21,902

$ 21,853

$ 21,951

$ 19,709

$ 19,852

$ 20,019

Shares Paid for Tax Withholding for Share Based Compensation

4,220

34,639

$ 800

$ 5,300

Treasury Stock, Shares, Acquired

164,920

505,000

Employee Stock Option [Member]

Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount

552,389

621,503

Performance Shares [Member]

Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount

332,338

756,994

ASR Agreement [Member]

Treasury Stock, Shares, Acquired

^[1]

102,916

Subsequent Event [Member]

Dividends, Cash

$ 21,900

Per Annum [Member]

Common Stock, Dividends, Per Share, Cash Paid

$ 2.24

[1]	On July 1, 2016, FactSet entered into an accelerated share repurchase agreement (the "ASR Agreement") to purchase FactSet common stock. The final settlement of the ASR Agreement occurred in the first quarter of fiscal 2017, with FactSet receiving an additional 102,916 shares of its common stock.

XML 72 R59.htm IDEA: XBRL DOCUMENT

Note 11 - Common Stock and Earnings Per Share - Shares of Common Stock Outstanding (Details) - shares

3 Months Ended

Nov. 30, 2017

Nov. 30, 2016

Common stock issued for employee stock plans (in shares)

39,023,032

40,038,000

256,000

310,000

(164,920)

(505,000)

Repurchase of Common Stock from Employees [Member]

39,110,080

39,704,000

Share Repurchase Program [Member]

^[1]

(4,000)

(36,000)

(165,000)

(505,000)

ASR Agreement [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

^[2]

(102,916)

[1]	For the three months ended November 30, 2017 and 2016, the Company repurchased 4,220 and 34,639 shares, or $0.8 million and $5.3 million, of common stock, respectively, in settlement of employee tax withholding obligations due upon the vesting of restricted stock.
[2]	On July 1, 2016, FactSet entered into an accelerated share repurchase agreement (the "ASR Agreement") to purchase FactSet common stock. The final settlement of the ASR Agreement occurred in the first quarter of fiscal 2017, with FactSet receiving an additional 102,916 shares of its common stock.

XML 73 R60.htm IDEA: XBRL DOCUMENT

Note 11 - Common Stock and Earnings Per Share - Weighted Average Shares Outstanding (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Nov. 30, 2017	Nov. 30, 2016
Income available to common stockholders, net income (numerator)	$ 70,379	$ 66,583
Basic weighted average common shares (in shares)	39,085	39,827
Basic earnings per common share (in dollars per share)	$ 1.80	$ 1.67
Dilutive effect of stock options and restricted stock, weighted average common share (denominator) (in shares)	595	273
Income available to common stockholders plus assumed conversions, net income (numerator)	$ 70,379	$ 66,583
Diluted weighted average common shares (in shares)	39,680	40,100
Diluted earnings per common share (in dollars per share)	$ 1.77	$ 1.66

XML 74 R61.htm IDEA: XBRL DOCUMENT

Note 12 - Stockholders' Equity (Details Textual) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Nov. 30, 2017	Nov. 30, 2016	Aug. 31, 2017	Aug. 31, 2016
Preferred Stock, Shares Authorized	10,000,000		10,000,000
Preferred Stock, Par or Stated Value Per Share	$ 0.01		$ 0.01
Preferred Stock, Shares Issued	0		0
Common Stock, Shares Authorized	150,000,000		150,000,000
Common Stock, Par or Stated Value Per Share	$ 0.01		$ 0.01
Common Stock, Shares, Issued	52,101,426		51,845,132
Treasury Stock, Shares	12,991,346		12,822,100
Common Stock, Shares, Outstanding	39,110,080	39,704,000	39,023,032	40,038,000
Treasury Stock, Shares, Acquired	164,920	505,000
Treasury Stock, Value, Acquired, Cost Method	$ 30.9	$ 79.3
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 213.2
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period	11,278	94,877
Shares Paid for Tax Withholding for Share Based Compensation	4,220	34,639
Preferred Stock, Shares Outstanding	0		0

XML 75 R62.htm IDEA: XBRL DOCUMENT

Note 12 - Stockholders' Equity - Dividends Declared (Details) - USD ($) $ / shares in Units, $ in Thousands	Nov. 08, 2017	Aug. 10, 2017	May 05, 2017	Feb. 06, 2017	Nov. 10, 2016	Aug. 05, 2016
Dividends Per Share of Common Stock (in dollars per share)	$ 0.56	$ 0.56	$ 0.56	$ 0.50	$ 0.50	$ 0.50
Record Date	Nov. 30, 2017	Aug. 31, 2017	May 31, 2017	Feb. 28, 2017	Nov. 30, 2016	Aug. 31, 2016
Total $ Amount	$ 21,902	$ 21,853	$ 21,951	$ 19,709	$ 19,852	$ 20,019
Payment Date	Dec. 19, 2017	Sep. 19, 2017	Jun. 20, 2017	Mar. 21, 2017	Dec. 20, 2016	Sep. 20, 2016

XML 76 R63.htm IDEA: XBRL DOCUMENT

Note 13 - Employee Stock Option and Retirement Plans (Details Textual) - USD ($)

1 Months Ended

3 Months Ended

Oct. 16, 2015

Oct. 23, 2009

Jun. 30, 2017

Jan. 31, 2017

Nov. 30, 2017

Nov. 30, 2016

Feb. 28, 2016

Feb. 28, 2015

Aug. 31, 2017

554,000

Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price

$ 189.98

$ 152.51

Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number

3,669,000

3,366,000

Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price

$ 149.09

$ 139.29

Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized

$ 92,500,000

Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition

3 years 219 days

Share Price

$ 199.88

$ 157.18

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period

11,278

94,877

Share-based Compensation Arrangement by Share-based Payment Award, Purchase Price of Common Stock, Percent

85.00%

Share-based Compensation Arrangement by Share-based Payment Award, Maximum Employee Subscription Rate

10.00%

Share-based Compensation Arrangement by Share-based Payment Award, Maximum Contribution Limit

$ 25,000

Stock Issued During Period, Shares, Employee Stock Purchase Plans

19,589

16,496

Treasury Stock Acquired, Average Cost Per Share

$ 134.39

$ 136.14

Common Stock, Capital Shares Reserved for Future Issuance

313,583

Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent

60.00%

Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay

4.00%

Defined Contribution Plan, Employer Matching Contribution, Vesting Period

5 years

Defined Contribution Plan, Employer Discretionary Contribution Amount

$ 2,800,000

$ 1,900,000

The 2004 Stock Option and Award Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value

$ 18,000,000

$ 16,400,000

Employee Stock Option [Member]

Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price

$ 152.51

Employee Stock Option [Member] | The 2004 Stock Option and Award Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period

5 years

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

553,942

Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price

$ 189.98

Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number

3,669,181

Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price

$ 149.09

Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized

$ 75,100,000

Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition

3 years 292 days

Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number

1,300,000

Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price

$ 121.40

Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value

$ 102,300,000

$ 49,700,000

Employee Stock Option [Member] | The 2004 Stock Option and Award Plan [Member] | Maximum [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period

10 years

Performance Shares [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

22,460

Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized

$ 600,000

Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition

1 year 73 days

Performance Shares [Member] | Code Red, Inc. [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

137,522

Performance Shares [Member] | Code Red, Inc. [Member] | Share-based Compensation Award, Tranche One [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

68,761

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

0.00%

70.00%

Performance Shares [Member] | Code Red, Inc. [Member] | Share-based Compensation Award, Tranche Two [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period

4 years

Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized

$ 400,000

Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition

1 year 73 days

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

10.00%

Performance Shares [Member] | Vermilion Holdings Limited [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

61,744

Performance Shares [Member] | Vermilion Holdings Limited [Member] | Share-based Compensation Award, Tranche One [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

40.00%

0.00%

Performance Shares [Member] | Vermilion Holdings Limited [Member] | Share-based Compensation Award, Tranche Two [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

20.00%

100.00%

Performance Shares [Member] | BI-SAM Technologies [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

206,417

Performance Shares [Member] | BI-SAM Technologies [Member] | Share-based Compensation Award, Tranche One [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

40.00%

0.00%

Performance Shares [Member] | BI-SAM Technologies [Member] | Share-based Compensation Award, Tranche Two [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

20.00%

80.00%

Performance Shares, Additional Granted [Member] | Code Red, Inc. [Member] | Share-based Compensation Award, Tranche Two [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

68,761

Restricted Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

961

5,084

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value

$ 182.17

$ 151.63

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number

162,000

182,000

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period

^[1]

11,000

Restricted Stock [Member] | The 2004 Stock Option and Award Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period

5 years

Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized

$ 17,500,000

Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition

3 years 109 days

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

20.00%

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

961

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value

$ 182.17

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number

161,527

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period

11,278

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Share Equivalent

2.5

Restricted Stock [Member] | The 2004 Stock Option and Award Plan [Member] | Share-based Compensation Award, Tranche One [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period

3 years

Restricted Stock [Member] | The 2004 Stock Option and Award Plan [Member] | Share-based Compensation Award, Tranche Two [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

20.00%

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

9,765

Other Restricted Stock Awards [Member] | The 2004 Stock Option and Award Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period

1,513

[1]	Of the 11,278 restricted stock awards that vested during the first quarter of fiscal 2018, 9,765 related to the second tranche (20%) of awards granted on October 16, 2015. These awards vest 20% per year on the anniversary date of the award. The remaining 1,513 awards vested related to other grants.

XML 77 R64.htm IDEA: XBRL DOCUMENT

Note 13 - Employee Stock Option and Retirement Plans - Summary of Stock Option Activity (Details) - $ / shares shares in Thousands	3 Months Ended
	Nov. 30, 2017	Nov. 30, 2016
Balance (in shares)	3,366
Balance (in dollars per share)	$ 139.29
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	554
Granted (in dollars per share)	$ 189.98	$ 152.51
Exercised (in shares)	(226)
Exercised (in dollars per share)	$ 104.90
Forfeited (in shares)	(25)
Forfeited (in dollars per share)	$ 133.89
Balance (in shares)	3,669
Balance (in dollars per share)	$ 149.09

XML 78 R65.htm IDEA: XBRL DOCUMENT

Note 13 - Employee Stock Option and Retirement Plans - Changes to the Current Estimate of the Vesting Percentage and Related Expense (Details) - Performance Shares [Member]

3 Months Ended

Nov. 30, 2017

USD ($)

Share-based Compensation Award, Tranche One [Member] | Code Red, Inc. [Member]

$ (844,000)

^[1]

Share-based Compensation Award, Tranche One [Member] | Vermilion Holdings Limited [Member]

^[1]

Share-based Compensation Award, Tranche One [Member] | BI-SAM Technologies [Member]

^[1]

Share-based Compensation Award, Tranche Two [Member] | Code Red, Inc. [Member]

(633,000)

^[1]

Share-based Compensation Award, Tranche Two [Member] | Vermilion Holdings Limited [Member]

89,000

473,000

^[1]

Share-based Compensation Award, Tranche Two [Member] | BI-SAM Technologies [Member]

2,232,000

592

^[1]

Share-based Compensation Award, Tranche Three [Member] | Code Red, Inc. [Member]

6,515

^[1]

Share-based Compensation Award, Tranche Three [Member] | BI-SAM Technologies [Member]

356,000

666

^[1]

Share-based Compensation Award, Tranche Four [Member] | Code Red, Inc. [Member]

7,329

633,000

^[1]

Share-based Compensation Award, Tranche Four [Member] | BI-SAM Technologies [Member]

623,000

740

^[1]

Share-based Compensation Award, Tranche Five [Member] | Code Red, Inc. [Member]

8,144

1,266,000

^[1]

Restricted stock vested (in shares)

$ 891,000

[1]	Amounts represent the cumulative catch-up adjustment to be recorded if there was a change in the vesting percentage as of November 30, 2017.

XML 79 R66.htm IDEA: XBRL DOCUMENT

Note 13 - Employee Stock Option and Retirement Plans - Changes to the Current Estimate of the Vesting Percentage and Related Expense (Details) (Parentheticals) - Performance Shares [Member]	1 Months Ended		3 Months Ended
	Jun. 30, 2017	Jan. 31, 2017	Nov. 30, 2017	Feb. 28, 2015
Share-based Compensation Award, Tranche One [Member] \| Code Red, Inc. [Member]
Vesting percentage			0.00%	70.00%
Share-based Compensation Award, Tranche One [Member] \| Vermilion Holdings Limited [Member]
Vesting percentage		40.00%	0.00%
Share-based Compensation Award, Tranche One [Member] \| BI-SAM Technologies [Member]
Vesting percentage	40.00%		0.00%
Share-based Compensation Award, Tranche Two [Member] \| Code Red, Inc. [Member]
Vesting percentage			10.00%
Share-based Compensation Award, Tranche Two [Member] \| Vermilion Holdings Limited [Member]
Vesting percentage		20.00%	100.00%
Share-based Compensation Award, Tranche Two [Member] \| BI-SAM Technologies [Member]
Vesting percentage	20.00%		80.00%
Share-based Compensation Award, Tranche Three [Member] \| Code Red, Inc. [Member]
Vesting percentage			40.00%
Share-based Compensation Award, Tranche Three [Member] \| BI-SAM Technologies [Member]
Vesting percentage			90.00%
Share-based Compensation Award, Tranche Four [Member] \| Code Red, Inc. [Member]
Vesting percentage			70.00%
Share-based Compensation Award, Tranche Four [Member] \| BI-SAM Technologies [Member]
Vesting percentage			100.00%
Share-based Compensation Award, Tranche Five [Member] \| Code Red, Inc. [Member]
Vesting percentage			100.00%

XML 80 R67.htm IDEA: XBRL DOCUMENT

Note 13 - Employee Stock Option and Retirement Plans - Summary of Restricted Stock Award (Details) - $ / shares

3 Months Ended

Nov. 30, 2017

Nov. 30, 2016

Feb. 28, 2016

(11,278)

(94,877)

Restricted Stock [Member]

Restricted stock balance (in shares)

182,000

Restricted stock balance (in dollars per share)

$ 138.62

Restricted stock granted (in shares)

961

5,084

Restricted stock granted (in dollars per share)

$ 182.17

$ 151.63

Restricted stock forfeited (in shares)

(10,000)

Restricted stock forfeited (in dollars per share)

$ 114.37

Restricted stock vested (in shares)

^[1]

(11,000)

Restricted stock vested (in dollars per share)

^[1]

$ 157.37

Restricted stock balance (in shares)

162,000

Restricted stock balance (in dollars per share)

$ 139.12

[1]	Of the 11,278 restricted stock awards that vested during the first quarter of fiscal 2018, 9,765 related to the second tranche (20%) of awards granted on October 16, 2015. These awards vest 20% per year on the anniversary date of the award. The remaining 1,513 awards vested related to other grants.

XML 81 R68.htm IDEA: XBRL DOCUMENT

Note 13 - Employee Stock Option and Retirement Plans - Summary of Share-based Awards Available for Grant (Details)
shares in Thousands

3 Months Ended

Nov. 30, 2017

The 2004 Stock Option and Award Plan [Member]

Share-based awards canceled/forfeited (in shares)

897

^[1]

The 2004 Stock Option and Award Plan [Member] | Non Performance Based [Member]

392

The 2004 Stock Option and Award Plan [Member] | Performance Shares [Member]

(554)

The 2004 Stock Option and Award Plan [Member] | Restricted Stock [Member]

Non Employee Directors Stock Option Plan [Member]

(2)

^[2]

Share-based awards canceled/forfeited (in shares)

^[1]

Non Employee Directors Stock Option Plan [Member] | Non Performance Based [Member]

Non Employee Directors Stock Option Plan [Member] | Performance Shares [Member]

Non Employee Directors Stock Option Plan [Member] | Restricted Stock [Member]