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STOCKHOLDERS’ EQUITY
 12 Months Ended
Aug. 31, 2025
Equity [Abstract]  
STOCKHOLDERS’ EQUITY STOCKHOLDERS' EQUITY
The following table presents the shares of common stock repurchased under our share repurchase program and acquired from holders of our stock-based awards upon vesting to satisfy tax withholding requirements:
Share Repurchases
(in thousands, except share data)Years Ended August 31,
202520242023
Repurchases of common stock under the share repurchase program
684,960 537,800 430,350 
Total cost of common stock repurchased under the share repurchase program(1)
$300,457 $235,235 $176,720 
Repurchases of common stock to satisfy tax withholding requirements due upon vesting of stock-based awards35,791 37,589 32,444 
Total cost of repurchases of common stock to satisfy withholding requirements due upon vesting of stock-based awards$16,242 $16,659 $13,710 
(1) For fiscal 2025, 2024, and 2023, amount excludes a 1% excise tax of $3.0 million, $1.7 million and $0.9 million, respectively, on corporate stock repurchases required under the Inflation Reduction Act of 2022.
We may repurchase shares of our common stock under our share repurchase program from time-to-time in the open market or via privately negotiated transactions, subject to market conditions. We suspended our share repurchase program beginning in the second quarter of fiscal 2022, with the exception of potential minor repurchases to offset dilution from grants of equity awards or repurchases to satisfy withholding tax obligations due upon the vesting of stock-based awards, to prioritize the repayment of debt under the 2022 Credit Facilities. We resumed our share repurchase program in the third quarter of fiscal 2023.
There is no defined number of shares to be repurchased over a specified timeframe through the life of our share repurchase program. On September 17, 2024, our Board of Directors authorized up to $300 million for share repurchases during fiscal 2025. This authorization expired upon the conclusion of fiscal 2025 and was not available for share repurchases after that date.
On June 17, 2025, our Board of Directors authorized up to $400 million for share repurchases on or after September 1, 2025 through September 30, 2026.
In addition to our share repurchase program, we also acquire shares of our common stock from holders of our stock-based awards to satisfy withholding tax requirements due at vesting. Shares acquired from these holders do not reduce the amount authorized for repurchase under the share repurchase program.
Refer to Part II, Item 5. Market For Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities, of this Annual Report on Form 10-K for further discussion on our share repurchase program.
Equity-based Awards
Refer to Note 15, Stock-Based Compensation, for more information on equity awards issued during fiscal 2023 through fiscal 2025.
Dividends
Our Board of Directors approved the following dividends:
Year EndedDividends per
Share of
Common Stock		Record Date
Total Amount
(in thousands)
Payment Date
Fiscal 2025
First Quarter$1.04 November 29, 2024$39,572 December 19, 2024
Second Quarter$1.04 February 28, 202539,511 March 20, 2025
Third Quarter$1.10 May 30, 202541,644 June 18, 2025
Fourth Quarter$1.10 August 29, 202541,410 September 18, 2025
Total Dividends$162,137 
Fiscal 2024
First Quarter$0.98 November 30, 2023$37,299 December 21, 2023
Second Quarter$0.98 February 29, 202437,360 March 21, 2024
Third Quarter$1.04 May 31, 202439,589 June 20, 2024
Fourth Quarter$1.04 August 30, 202439,470 September 19, 2024
Total Dividends$153,718 
Fiscal 2023
First Quarter$0.89 November 30, 2022$34,010 December 15, 2022
Second Quarter$0.89 February 28, 202334,099 March 16, 2023
Third Quarter$0.98 May 31, 202337,442 June 15, 2023
Fourth Quarter$0.98 August 31, 202337,265 September 21, 2023
Total Dividends$142,816 
In the third quarter of fiscal 2025, our Board of Directors approved a 6% increase in the regular quarterly dividend from $1.04 to $1.10 per share. Future cash dividend payments are subject to final determination by our Board of Directors and will depend on our earnings, capital requirements, financial condition and other relevant factors.
Accumulated Other Comprehensive Loss
The components of AOCL as of August 31, 2025 and August 31, 2024 were as follows:
(in thousands)August 31, 2025August 31, 2024
Accumulated unrealized gains (losses) on cash flow hedges, net of tax$2,143 $1,843 
Accumulated foreign currency translation adjustments(65,891)(81,456)
Total AOCL$(63,748)$(79,613)