STOCK BASED COMPENSATION Disclosure of Compensation Related Costs, Shared-based Payments (Tables)

3 Months Ended

Nov. 30, 2015

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

Schedule of Share-based compensation, shares available for grant [Table Text Block]

	Shares authorized for issuance as of November 30, 2015	Shares available to grant
	(including shares originally authorized for issuance under the prior plans)	November 30, 2015	August 31, 2015
2013 Plan	944,905	645,863	847,876

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]

The following table summarizes the components of the stock-based compensation expense (in thousands), which are included in general and administrative expense and warehouse club operations in the consolidated statements of income:

	Three Months Ended November 30,
	2015		2014
Options granted to directors	$	25	$	27
Restricted stock awards	1,701		1,249
Restricted stock units	374		280
Stock-based compensation expense	$	2,100	$	1,556

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

The following tables summarize other information related to stock-based compensation:

	As of November 30,
	2015		2014
Remaining unrecognized compensation cost (in thousands)	$	33,477	$	18,002
Weighted average period of time over which this cost will be recognized (years)	5		6

	Three Months Ended November 30,
	2015	2014
Excess tax benefit (deficiency) on stock-based compensation (in thousands)	—	—

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

The Company began issuing restricted stock awards in fiscal year 2006 and restricted stock units in fiscal year 2008. The restricted stock awards and units vest over a period of up to ten years, and the unvested portion of the award is forfeited if the employee or non-employee director leaves the Company before the vesting period is completed. Restricted stock awards and units activity for the period was as follows:

	Three Months Ended November 30,
	2015		2014
Grants outstanding at beginning of period	366,021		488,416
Granted	202,396		—
Forfeited	(383	)	—
Vested	—		—
Grants outstanding at end of period	568,034		488,416

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value [Table Text Block]

The following table summarizes the weighted average per share grant date fair value for restricted stock awards and units for the period:

	Three Months Ended November 30,
Weighted Average Grant Date Fair Value	2015		2014
Restricted stock awards and units granted	$	84.86	$	—
Restricted stock awards and units vested	$	—	$	—
Restricted stock awards and units forfeited	$	—	$	—

Schedule of Share-based compensation, Fair Market Value for Restricted Stock [Table Text Block] [Table Text Block]

The following table summarizes the total fair market value of restricted stock awards and units vested for the period (in thousands):

	Three Months Ended November 30,
	2015		2014
Total fair market value of restricted stock awards and units vested	$	—	$	—

Schedule of Share-based compensation, Shares repurchased [Table Text Block]

The following table summarizes this activity during the period:

	Three Months Ended November 30,
	2015		2014
Shares repurchased	—		—
Cost of repurchase of shares (in thousands)	$	—	$	—

Schedule of Share-based compensation, reissued treasury shares [Table Text Block]

The Company reissues treasury shares as part of its stock-based compensation programs. The following table summarizes the treasury shares reissued:

	Three Months Ended November 30,
	2015	2014
Reissued treasury shares	—	—

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

The following table summarizes the stock options outstanding: 

	November 30, 2015	August 31, 2015
Stock options outstanding	20,000	20,000