XML 15 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED STATEMENTS OF OPERATIONS (USD $)
12 Months Ended
Aug. 31, 2013
Aug. 31, 2012
Income Statement [Abstract]    
Net sales $ 10,070,770 $ 9,448,608
Cost of sales 1,646,530 1,510,148
Gross profit 8,424,240 7,938,460
Operating expenses    
Selling, general, and administrative 3,549,495 3,379,017
Research and development 802,374 947,556
Total operating expenses 4,351,869 4,326,573
Income from operations 4,072,371 3,611,887
Other income (expense)    
Interest income 49,492 89,265
Miscellaneous income 35,488 76,149
Gain on currency exchange 99,429 177,790
Gain on sale of assets 0 (433)
Interest expense 0 (3)
Total other income (expense) 184,409 342,768
Income from continuing operations before provision for income taxes 4,256,780 3,954,655
Provision for income taxes (note 6) (1,370,182) (1,142,693)
Income from continuing operations 2,886,598 2,811,962
Discontinued operations:    
Gain (loss) from discontinued operations, net of tax 0 (249,898)
Gain on sale of Words+, net of tax 0 465,820
Results of discontinued operations 0 215,922
Net Income $ 2,886,598 $ 3,027,884
Basic earnings per share:    
Continuing operations $ 0.18 $ 0.18
Discontinued operations $ 0 $ 0.01
Net basic earning per share $ 0.18 $ 0.19
Diluted earnings per share    
Continuing operations $ 0.18 $ 0.18
Discontinued operations $ 0 $ 0.01
Net diluted earning per share $ 0.18 $ 0.19
Weighted-average common shares outstanding    
Basic 15,996,432 15,763,674
Diluted 16,319,983 16,151,873