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CONDENSED STATEMENTS OF CASH FLOWS (USD $)
9 Months Ended
May 31, 2012
May 31, 2011
Net income $ 2,678,931 $ 2,529,116
Adjustments to reconcile net income to net cash provided by operating activities    
(Income)/Loss from Discontinued Operations (215,922) (41,899)
Depreciation and amortization of property and equipment 30,442 16,842
Amortization of customer relationships 1,871 6,358
Amortization of capitalized computer software development costs 474,081 498,128
Amortization of Intellectual property 1,875  
Excess tax benefits from share-based arrangement   (24,081)
Stock-based compensation 97,195 113,313
(Gain)/Loss from sale of assets 433 (240)
Deferred income taxes 268,131 331,562
(Increase) decrease in    
Accounts receivable and Contracts receivable (940,995) (1,183,235)
Income tax refundable   (33,924)
Prepaid expenses and other assets 10,470 (41,144)
Increase (decrease) in    
Accounts payable 125,294 140,061
Accrued payroll and other expenses 25,200 (4,121)
Accrued Bonus 60,000  
Accrued income taxes 985,382 432,738
Deferred revenue (8,581) 21,488
Net cash provided by operating activities of continuing operations 3,593,807 2,760,962
Net cash provided by (used in) operating activities of discontinued operations (688,862) 231,551
Net cash provided by operating activities 2,904,945 2,992,513
Cash flows from investing activities    
Proceeds from sale of Words+, Inc. 1,973,096  
Proceeds from sale of assets 200 240
Purchases of property and equipment (97,161) (7,806)
Purchase of royalty (75,000)  
Capitalized computer software development costs (719,279) (617,529)
Net cash provided by (used in) investing activities of continuing operations 1,081,856 (625,095)
Net cash provided by (used in) investing activities of discontinued operations 6,532 (225,250)
Net cash provided by (used in) investing activities 1,088,388 (850,345)
Cash flows from financing activities    
Repurchase of common stock   (2,048,172)
Excess tax benefits from share-based arrangement   24,081
Dividends (1,586,843)  
Proceeds from the exercise of stock options 301,641 143,761
Net cash provided by (used in) financing activities of continuing operations (1,285,202) (1,880,330)
Net increase (decrease) in cash and cash equivalents from continuing operations 3,390,461 255,537
Net increase (decrease) in cash and cash equivalents from discontinued operations (682,330) 6,301
Net increase (decrease) in cash and cash equivalents 2,708,131 261,838
Cash and cash equivalents, beginning of year 10,181,049 9,631,762
Cash and cash equivalents, end of period 12,889,180 9,893,600
Supplemental disclosures of cash flow information    
Interest paid 3 43
Income taxes paid $ 170,000 $ 320,232