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Stock-Based Compensation and Shares Repurchases
3 Months Ended
Nov. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-Based Compensation and Shares Repurchases
Stock-Based Compensation and Share Repurchases
The Company recognized stock-based compensation expense within selling, general and administrative expense as follows (in thousands):
 
Three months ended
 
November 30, 2018
 
November 30, 2017
Restricted stock and stock appreciation rights
$
15,051

 
$
43,507

Employee stock purchase plan
2,198

 
1,700

Other(1)

 
7,538

Total
$
17,249

 
$
52,745

 
(1) 
Represents a one-time cash-settled stock award that vested on November 30, 2017.
As of November 30, 2018, the shares available to be issued under the 2011 Stock Award and Incentive Plan were 11,936,088.
Restricted Stock Awards
Certain key employees have been granted time-based, performance-based and market-based restricted stock unit awards. The time-based restricted stock units generally vest on a graded vesting schedule over three years. The performance-based restricted stock units generally vest on a cliff vesting schedule over three years and up to a maximum of 150%, depending on the specified performance condition and the level of achievement obtained. The performance-based restricted stock units have a vesting condition that is based upon the Company's cumulative adjusted core earnings per share during the performance period. The market-based restricted stock units generally vest on a cliff vesting schedule over three years and up to a maximum of 200%, depending on the specified performance condition and the level of achievement obtained. The market-based restricted stock units have a vesting condition that is tied to the Company’s total shareholder return based on the Company's stock performance in relation to the companies in the Standard and Poor’s (S&P) Super Composite Technology Hardware and Equipment Index excluding the Company. During the three months ended November 30, 2018 and 2017, the Company awarded approximately 1.5 million and 1.3 million time-based restricted stock units, respectively, 0.4 million and 0.4 million performance-based restricted stock units, respectively and 0.4 million and 0.4 million market-based stock units, respectively.
The following represents the stock-based compensation information for the period indicated (in thousands):
 
Three months ended
 
November 30, 2018
Unrecognized stock-based compensation expense—restricted stock
$
78,158

Remaining weighted-average period for restricted stock expense
1.5 years


Share Repurchases
In June 2018, the Company's Board of Directors authorized the repurchase of up to $350.0 million of the Company's common stock (the "2018 Share Repurchase Program"). The 2018 Share Repurchase Program expires August 31, 2019. As of November 30, 2018, 7.9 million shares had been repurchased for $204.5 million and $145.5 million remains available under the 2018 Share Repurchase Program.