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Equity Plans
3 Months Ended
Nov. 30, 2023
Share-Based Payment Arrangement [Abstract]  
Equity Plans
Equity Plans

As of November 30, 2023, 74 million shares of our common stock were available for future awards under our equity plans, including 14 million shares approved for issuance under our employee stock purchase plan (“ESPP”).

Restricted Stock and Restricted Stock Units (“Restricted Stock Awards”)

Restricted Stock Awards activity is summarized as follows:

Three months endedNovember 30, 2023December 1,
2022
Restricted stock award shares granted1214
Weighted-average grant-date fair value per share$67.36 $53.94 

Stock-based Compensation Expense

Stock-based compensation expense recognized in our statements of operations is presented below. Stock-based compensation expense of $94 million and $88 million was capitalized and remained in inventory as of November 30, 2023 and August 31, 2023, respectively.

Three months endedNovember 30, 2023December 1, 2022
Stock-based compensation expense by caption
Research and development$68 $53 
Cost of goods sold67 36 
Selling, general, and administrative47 37 
$182 $126 
Stock-based compensation expense by type of award
Restricted stock awards$163 $109 
ESPP19 17 
$182 $126 

As of November 30, 2023, $1.84 billion of total unrecognized compensation costs for unvested awards, before the effect of any future forfeitures, was expected to be recognized through the first quarter of 2028, resulting in a weighted-average period of 1.4 years.