XML 70 R42.htm IDEA: XBRL DOCUMENT v3.23.3
Stock Plans (Tables)
12 Months Ended
Aug. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Summary Of Restricted Stock and Performance Shares Activity
A summary of restricted stock units and performance shares activity during fiscal 2023 is as follows:
Number of
Shares
Weighted-Average Fair  Value at Grant Date (Per Share)
Outstanding on August 31, 20221,098,026 $20.73
Granted571,830 25.42
Forfeited(218,158)22.18
Vested(412,162)20.72
Outstanding on August 31, 20231,039,536 $22.26
Summary Stock option Activity
A summary of stock option activity during fiscal 2023 is as follows:
SharesWeighted-Average
Exercise Price
(Per Share)
Weighted-Average
Remaining Contractual
Term
Aggregate
Intrinsic Value
Outstanding on September 1, 2022947,807 $26.85 
Granted— — 
Exercised(43,633)22.30 
Forfeited— — 
Expired(274,767)26.83 
Outstanding on August 31, 2023629,407 $27.18 2.2$950,887 
Exercisable on August 31, 2023629,407 $27.18 2.2$950,887 
Summary of Weighted Average Grant-Date Fair Value Of options, Total Intrinsic Value of Options Exercised, and Cash Receipts from Options Exercised A summary of the total intrinsic value of options exercised and cash receipts from options exercised is summarized below (in thousands, except per share amounts):
 Year Ended August 31,
 202320222021
Intrinsic value of options exercised$169 $— $587 
Cash receipts from exercise of options973 — 2,208 
Weighted Average Assumptions As of August 31, 2023, there was $9.4 million of total unrecognized compensation cost related to share-based awards, including stock options, restricted stock, restricted stock units and Performance Shares, which will be recognized over a weighted average period of 1.6 years. The total fair value of share-based awards that vested during the fiscal years ended August 31, 2023 and 2022 was $9.8 million and $11.8 million, respectively.