Stock-based Compensation

3 Months Ended

Nov. 30, 2024

Share-Based Payment Arrangement [Abstract]

Stock-based Compensation

Note 5. Stock-based Compensation

The following table summarizes the stock option activity under the Company’s 2018 Incentive Compensation Plan, as amended and restated (the “Stock Incentive Plan”):

	Options Outstanding
	Number of Shares Underlying Outstanding Options			Weighted Average Exercise Price Per Share
Outstanding — August 31, 2024		610,514		$	41.11
Granted		2,195		$	77.53
Exercised		(11,006	)	$	44.84
Cancelled/forfeited		(5,919	)	$	56.32
Outstanding — November 30, 2024		595,784		$	41.03

The following table summarizes the restricted stock unit (“RSU”) activity under the Stock Incentive Plan:

	Number of Shares Underlying Outstanding RSU			Weighted Average Grant Date  Fair Value
Outstanding — August 31, 2024		36,120		$	84.01
Granted		—			—
Vested		—			—
Cancelled/forfeited		(873	)	$	81.89
Outstanding — November 30, 2024		35,247		$	84.06

The total stock-based compensation recognized under the Stock Incentive Plan in the statements of operations and comprehensive income (loss) is as follows:

	Three Months Ended November 30,
	2024		2023
	(amounts in thousands)
Restaurant-level stock-based compensation included in labor and related costs	$	179	$	147
Corporate-level stock-based compensation included in general and administrative expenses		947	$	859
Stock-based compensation, net of amounts capitalized		1,126		1,006
Amount capitalized to property and equipment - net	$	26	$	28
Total stock-based compensation	$	1,152	$	1,034