XML 90 R36.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stockholders' Equity (Tables)
12 Months Ended
Aug. 31, 2013
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Option Activity

The following table summarizes Options activity from September 1, 2012 through August 31, 2013:

 

     Shares
Available
for Grant
    Options
Outstanding
    Aggregate
Intrinsic Value
(in thousands)
     Weighted-
Average
Exercise
Price
     Weighted-
Average
Remaining
Contractual
Life (years)
 

Balance at September 1, 2012

     4,883,919        8,677,941      $ 4,719       $ 25.88         2.90   

Shares authorized

     9,500,000             

Options canceled

     520,731        (520,731      $ 25.95      

Options expired

     —          —             —        

Restricted stock awards granted(1)

     (2,893,577     —             

Options exercised

     —          (300,083      $ 14.30      
  

 

 

   

 

 

         

Balance at August 31, 2013

     12,011,073        7,857,127      $ 1,927       $ 26.31         1.95   
  

 

 

   

 

 

   

 

 

       

Exercisable at August 31, 2013

       7,853,961      $ 1,915       $ 26.32         1.95   
    

 

 

   

 

 

       

 

(1) Represents the maximum number of shares that can be issued based on the achievement of certain performance criteria.
Restricted Stock Activity

The following table summarizes restricted stock activity from August 31, 2012 through August 31, 2013:

 

     Shares     Weighted -
Average
Grant-Date
Fair Value
 

Non-vested balance at August 31, 2012

     12,945,864      $ 16.33   

Changes during the period

    

Shares granted(1)

     3,686,694      $ 17.67   

Shares vested

     (4,504,249   $ 15.16   

Shares forfeited

     (793,117   $ 17.36   
  

 

 

   

Non-vested balance at August 31, 2013

     11,335,192      $ 17.15   
  

 

 

   

 

(1)  For those shares granted that are based on the achievement of certain performance criteria, represents the maximum number of shares that can vest.
Weighted Average Assumptions used in Black-Scholes Option Pricing Model

The following weighted-average assumptions were used in the model for each respective period:

 

     Fiscal Year Ended August 31,  
     2013     2012     2011  

Expected dividend yield

     0.8     0.7     0.9

Risk-free interest rate

     0.1     0.1     0.2

Expected volatility

     34.7     48.4     47.3

Expected life

     0.5 years        0.5 years        0.5 years   
Cash Dividends Declared to Common Stockholders

The following table sets forth certain information relating to the Company’s cash dividends declared to common stockholders of the Company during fiscal years 2013 and 2012:

 

    

Dividend
Declaration Date

   Dividend
per Share
     Total of Cash
Dividends
Declared
     Date of Record for
Dividend Payment
   Dividend Cash
Payment Date
          (in thousands, except for per share data)     

Fiscal year 2013:

   October 16, 2012    $ 0.08       $ 16,962       November 15, 2012    December 3, 2012
   January 23, 2013    $ 0.08       $ 16,990       February 15, 2013    March 1, 2013
   April 15, 2013    $ 0.08       $ 16,994       May 15, 2013    June 3, 2013
   July 18, 2013    $ 0.08       $ 17,005       August 15, 2013    September 3, 2013

Fiscal year 2012:

   October 20, 2011    $ 0.08       $ 17,379       November 15, 2011    December 1, 2011
   January 25, 2012    $ 0.08       $ 17,323       February 16, 2012    March 1, 2012
   April 19, 2012    $ 0.08       $ 17,281       May 15, 2012    June 1, 2012
   July 19, 2012    $ 0.08       $ 17,230       August 15, 2012    September 4, 2012