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STOCK BASED COMPENSATION (Tables)
12 Months Ended
Aug. 31, 2017
STOCK BASED COMPENSATION [Abstract]  
Summary of Shares Authorized and Shares Available for Future Grants



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



 

 

 

Shares available to grant



 

Shares authorized for issuance as of August 31, 2017

 

August 31,

 

August 31,



 

(including shares originally authorized for issuance under prior plans)

 

2017

 

2016

2013 Plan

 

944,905 

 

 

637,822 

 

 

615,889 



Summary of Components of Stock-Based Compensation Expense



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

Years Ended August 31,



 

2017

 

2016

 

2015

Options granted to directors

 

$

18 

 

$

72 

 

$

86 

Restricted stock awards

 

 

7,301 

 

 

7,103 

 

 

4,599 

Restricted stock units

 

 

2,370 

 

 

1,946 

 

 

1,284 

Stock-based compensation expense

 

$

9,689 

 

$

9,121 

 

$

5,969 



Summary of Other Information Related to Stock-Based Compensation



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

Balance as of



 

August 31,

 

August 31,

 

August 31,



 

2017

 

2016

 

2015

Remaining unrecognized compensation cost (in thousands)

 

$

26,382 

 

$

32,380 

 

$

18,421 

Weighted average period of time over which this cost will be recognized (years)

 

 

 

 

 

 







 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

Years Ended



 

August 31,

 

August 31,

 

August 31,



 

2017

 

2016

 

2015

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

 

$

165 

 

$

610 

 

$

1,206 



Summary of Restricted Stock Awards and Units Activity



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

Years Ended



 

August 31,

 

August 31,

 

August 31,



 

2017

 

2016

 

2015

Grants outstanding at beginning of period

 

 

509,880 

 

 

366,021 

 

 

488,416 

Granted

 

 

56,724 

 

 

276,530 

 

 

36,382 

Forfeited

 

 

(40,023)

 

 

(1,372)

 

 

(10,738)

Vested

 

 

(122,213)

 

 

(131,299)

 

 

(148,039)

Grants outstanding at end of period

 

 

404,368 

 

 

509,880 

 

 

366,021 



Summary of Weighted Average Per Share Grant Date Fair Value for Restricted Stock Awards and Units



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

Years Ended



 

August 31,

 

August 31,

 

August 31,

Weighted Average Grant Date Fair Value

 

2017

 

2016

 

2015

Restricted stock awards and units granted

 

$

87.43 

 

$

84.69 

 

$

88.40 

Restricted stock awards and units vested

 

$

77.85 

 

$

71.19 

 

$

45.20 

Restricted stock awards and units forfeited

 

$

77.19 

 

$

 —

 

$

65.67 



Summary of Total Fair Market Value of Restricted Stock Awards and Units Vested



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

Years Ended



 

August 31,

 

August 31,

 

August 31,



 

2017

 

2016

 

2015

Total fair market value of restricted stock awards and units vested (in thousands)

 

$

10,135 

 

$

10,139 

 

$

13,192 



Summary of Shares Repurchased



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

Years Ended



 

August 31,

 

August 31,

 

August 31,



 

2017

 

2016

 

2015

Shares repurchased

 

 

38,634 

 

 

43,171 

 

 

52,396 

Cost of repurchase of shares (in thousands)

 

$

3,193 

 

$

3,334 

 

$

4,677