STOCK BASED COMPENSATION (Tables)

9 Months Ended

May 31, 2016

Summary of Shares Authorized and Shares Available for Future Grants



		Shares available to grant
	Shares authorized for issuance as of May 31, 2016	May 31,		August 31,
	(including shares originally authorized for issuance under prior plans)	2016		2015
2013 Plan	944,905		617,850		847,876

Summary of Components of Stock-Based Compensation Expense



	Three Months Ended				Nine Months Ended
	May 31,		May 31,		May 31,		May 31,
	2016		2015		2016		2015
Options granted to directors	$	20	$	25	$	53	$	61
Restricted stock awards		1,618		929		5,295		3,633
Restricted stock units		515		328		1,383		928
Stock-based compensation expense	$	2,153	$	1,282	$	6,731	$	4,622

Summary of Other Information Related to Stock-Based Compensation



	Balance as of
	May 31,		May 31,
	2016		2015
Remaining unrecognized compensation cost (in thousands)	$	33,383	$	19,005
Weighted average period of time over which this cost will be recognized (years)		4		5

Summary of Restricted Stock Awards and Units Activity

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:



	Nine Months Ended
	May 31,		May 31,
	2016		2015
Grants outstanding at beginning of period		366,021		488,416
Granted		258,133		27,607
Forfeited		(747)		(9,618)
Vested		(87,090)		(142,370)
Grants outstanding at end of period		536,317		364,035

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



	Nine Months Ended
	May 31,		May 31,
Weighted Average Grant Date Fair Value	2016		2015
Restricted stock awards and units granted	$	84.70	$	89.64
Restricted stock awards and units vested	$	63.64	$	44.42
Restricted stock awards and units forfeited	$	—	$	64.13

Summary of Shares Repurchased



	Nine Months Ended
	May 31,		May 31,
	2016		2015
Shares repurchased		27,360		50,639
Cost of repurchase of shares (in thousands)	$	2,017	$	4,500

Summary of Treasury Shares Reissued

Summary of Stock Options Outstanding

Nine Months Ended

Excess tax benefit (deficiency) on stock-based compensation (in thousands)