Share Based Payments

9 Months Ended

May 31, 2011

Share-Based Payments [Abstract]

Share-Based Payments

13. Share-Based Payments

          The Company accounts for share-based payments through the measurement and recognition of compensation expense for share-based payment awards made to employees and directors of the Company, including stock options and restricted shares (all part of the Long-Term Incentive Plan), and share units representing certain deferrals into the Director Deferred Compensation Plan or the Supplemental Deferred Savings Plan. Each of these award programs are more fully discussed within the Company’s Form 10-K. The Company recorded $3.7 and $3.4 of share-based expense for the three months ended May 31, 2011 and 2010, respectively, and $10.5 and $9.1 for the nine months ended May 31, 2011 and 2010, respectively. Benefits of tax deductions in excess of recognized share-based compensation cost are reported as a financing cash flow, rather than as an operating cash flow, and amounted to $1.6 and $1.2 for the three months ended May 31, 2011 and 2010, respectively, and $5.1 and $1.5 for the nine months ended May 31, 2011 and 2010, respectively.