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LEASE COMMITMENTS
12 Months Ended
Aug. 31, 2017
Leases [Abstract]  
LEASE COMMITMENTS
The Company has operating leases, principally for office space, with various renewal options. Substantially all operating leases are non-cancelable or cancelable only by the payment of penalties. Rental expense in agreements with rent holidays and scheduled rent increases is recorded on a straight-line basis over the lease term. Rental expense, including operating costs and taxes, and sublease income from third parties during fiscal 2017, 2016 and 2015 was as follows:
 
Fiscal
 
2017
 
2016
 
2015
Rental expense
$
617,014

 
$
578,149

 
$
547,206

Sublease income from third parties
(28,992
)
 
(26,403
)
 
(27,293
)

 
Future minimum rental commitments under non-cancelable operating leases as of August 31, 2017 were as follows:
 
Operating
Lease
Payments
 
Operating
Sublease
Income
2018
$
561,743

 
$
(25,881
)
2019
505,648

 
(24,261
)
2020
451,870

 
(20,484
)
2021
405,222

 
(14,796
)
2022
353,254

 
(6,695
)
Thereafter
1,429,137

 
(44,368
)
 
$
3,706,874

 
$
(136,485
)