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Stockholders' Equity (Tables)
6 Months Ended
Feb. 28, 2022
Equity [Abstract]  
Shares of common stock outstanding
Shares of common stock outstanding were as follows:
Six Months Ended
February 28,
(in thousands)20222021
Balance, beginning of period37,615 38,030 
Common stock issued for employee stock plans322 176 
Repurchase of common stock from employees(1)
(7)(7)
Repurchase of common stock under the share repurchase program(2)
(46)(354)
Balance, end of period37,884 37,845 
(1)For the six months ended February 28, 2022 and February 28, 2021, we repurchased 7,422 and 7,447 shares from employees, or $3.3 million and $2.4 million of common stock, respectively, primarily to satisfy withholding tax obligations due upon the vesting of stock-based awards.
(2)Refer to Share Repurchase Program below for more information on the year over year change.
Schedule of dividends declared Our Board of Directors declared dividends in the six months ended February 28, 2022 and February 28, 2021 as follows:
Year EndedDividends per
Share of
Common Stock
Record DateTotal $ Amount
(in thousands)
Payment Date
Fiscal 2022
First Quarter$0.82 November 30, 2021$30,973 December 16, 2021
Second Quarter$0.82 February 28, 2022$31,065 March 17, 2022
Fiscal 2021
First Quarter$0.77 November 30, 2020$29,266 December 17, 2020
Second Quarter$0.77 February 26, 2021$29,141 March 18, 2021
Components of AOCL The components of AOCL are as follows:
(in thousands)February 28, 2022August 31, 2021
Accumulated unrealized gains (losses) on cash flow hedges$2,715 $(2,095)
Accumulated foreign currency translation adjustment losses(58,563)(36,867)
Total AOCL$(55,848)$(38,962)