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Stockholders' Equity (Tables)
12 Months Ended
Aug. 31, 2015
Stockholders' Equity [Abstract]  
Summary of Option Activity
The following table summarizes Options activity from August 31, 2014 through August 31, 2015:

Weighted-
Weighted-Average
SharesAverageAverageRemaining
AvailableOptionsIntrinsic ValueExerciseContractual
for GrantOutstanding(in thousands)PriceLife (years)
Balance at August 31, 201410,823,6465,432,002$400$26.321.52
Options granted(435,000)435,000$18.49
Options canceled 1,825,014(1,825,014)$24.83
Restricted stock awards granted (a)(3,837,588)
Options exercised (281,117)$20.18
Balance at August 31, 20158,376,0723,760,871$492,060$26.601.53
Exercisable at August 31, 20153,760,871$492,060$26.601.53
(a)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, 2014 through August 31, 2015:
Weighted-
Average
Grant-Date
SharesFair Value
Unvested balance at August 31, 20149,800,942$19.89
Changes during the period
Shares granted (a)5,308,937$18.64
Shares vested(1,706,944)$19.57
Shares forfeited(1,471,350)$19.42
Unvested balance at August 31, 201511,931,585$19.44
(a)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 fair value of shares issued under the ESPP was estimated on the commencement date of each offering period using the
Black-Scholes option pricing model. The following weighted-average assumptions were used in the model for each respective period:
Fiscal Year Ended August 31,
201520142013
Expected dividend yield 0.8%0.9%0.8%
Risk-free interest rate 0.1%0.1%0.1%
Expected volatility 24.5%33.8%34.7%
Expected life 0.5 years0.5 years0.5 years
Cash Dividends Declared to Common Stockholders

d. Dividends

The following table sets forth certain information relating to the Company’s cash dividends declared to common stockholders of the Company during fiscal years 2015 and 2014:

Total of Cash
DividendDividendDividendsDate of Record forDividend Cash
Declaration Date per ShareDeclaredDividend Payment Payment Date
(in thousands, except for per share data)
Fiscal year 2015:October 16, 2014$0.08$15,973November 14, 2014December 1, 2014
January 21, 2015$0.08$16,020February 13, 2015March 2, 2015
April 15, 2015$0.08$15,988May 15, 2015June 1, 2015
July 16, 2015$0.08$15,980August 14, 2015September 1, 2015
Fiscal year 2014:October 17, 2013$0.08$17,221November 15, 2013December 2, 2013
January 22, 2014$0.08$16,976February 14, 2014March 3, 2014
April 17, 2014$0.08$16,686May 15, 2014June 2, 2014
July 23, 2014$0.08$16,289August 15, 2014September 2, 2014