XML 75 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Aug. 31, 2012
Aug. 31, 2011
Aug. 31, 2010
Revenues $ 805,793 [1] $ 726,510 [1] $ 641,059 [1]
Operating expenses      
Cost of services 275,537 244,623 206,550
Selling, general and administrative 257,266 243,552 212,875
Total operating expenses 532,803 488,175 419,425
Operating income 272,990 238,335 221,634
Other income 1,715 623 547
Income before income taxes 274,705 238,958 222,181
Provision for income taxes 85,896 67,912 [2] 71,970 [3]
Net income $ 188,809 $ 171,046 $ 150,211
Basic earnings per common share (in Dollars per share) $ 4.22 $ 3.72 $ 3.22
Diluted earnings per common share (in Dollars per share) $ 4.12 $ 3.61 $ 3.13
Weighted average common shares (Basic) (in Shares) 44,784 45,953 46,698
Weighted average common shares (Diluted) (in Shares) 45,810 47,355 48,004
[1] Revenues are attributed to countries based on the location of the client.
[2] Includes income tax benefits of $6.3 million from the finalization of the fiscal 2010 tax return and the reenactment of the U.S. Federal R&D tax credit in December 2010. The fiscal 2011 annual effective tax rate before discrete items of $6.3 million was 30.9% or 40 basis points lower than the 2012 effective tax rate due to the expiration of the U.S. Federal R&D tax credit on December 31, 2011, which negatively impacted the fiscal 2012 annual effective tax rate by 130 basis points.
[3] Includes income tax benefits of $1.3 million from the finalization of the fiscal 2009 tax return, adjustments to certain reserves to reflect the lapse of statute of limitations and higher levels of non-U.S. taxable income. The fiscal 2010 annual effective tax rate before discrete items of $1.3 million was 32.9%.