5. SHAREHOLDERS' EQUITY (Tables)

3 Months Ended

Nov. 30, 2013

Equity [Abstract]

Details of dividend paid

The Board of Directors declared cash dividends during fiscal year 2013. The details of dividends paid are in the following table:

Record Date	Distribution Date	Number of Shares Outstanding on Record Date	Dividend per Share	Total Amount
11/8/2012	11/13/2012	15,927,806	$0.05	$796,390
12/24/2012	12/28/2012	16,021,309	$0.14	$2,242,983
5/7/2013	5/10/2013	16,030,433	$0.03	$480,913
8/12/2013	8/15/2013	16,030,894	$0.03	$480,926
Total				$4,001,212

The Board of Directors also declared cash dividend during the first quarter of fiscal year 2014.

Record Date	Distribution Date	Number of Shares Outstanding on Record Date	Dividend per Share	Total Amount
11/08/2013	11/15/2013	16,073,894	$0.04	$642,956
Total				642,956

Summary of the stock option transactions

Qualified Incentive Stock Options (Qualified ISO)

As of November 30, 2013, employees hold Qualified ISO to purchase 592,000 shares of common stock at exercise prices ranging from $1.00 to $5.61 which were granted prior to November 30, 2013.

Transactions in FY13	Number of Options	Weighted-Average Exercise Price Per Share	Weighted-Average Remaining Contractual Life
Outstanding, August 31, 2013	532,000	$1.82	3.95
Granted	100,000	$5.61
Exercised	(40,000)	$1.12
Outstanding, November 30,  2013	592,000	$2.51	4.02
Exercisable, November 30, 2013	366,600	$1.59	3.66

Non-Qualified Stock Options (Non-Qualified SO)

As of November 30, 2013, the outside members of the Board of Directors hold options to purchase 45,600 shares of common stock at exercise prices ranging from $1.67 to $6.68, which were granted prior to November 30, 2013.

Transactions in FY13	Number of Options	Weighted-Average Exercise Price Per Share	Weighted-Average Remaining Contractual Life
Outstanding, August 31, 2013	48,600	$3.47	7.85
Exercised	(3,000)	$1.80
Outstanding, November 30, 2013	45,600	$3.92	7.78
Exercisable, November 30, 2013	25,200	$1.89	6.62

Exercise prices for the options outstanding

Exercise Price		Awards Outstanding			Awards Exercisable
Low	High	Quantity	Weighted Average Remaining Contractual Life	Weighted Average Exercise Price	Quantity	Weighted Average Remaining Contractual Life	Weighted Average Exercise Price
$1.00	$1.50	313,100	3.87 years	$1.06	279,700	3.7 years	$1.06
$1.51	$3.00	31,600	6.36 years	$2.35	11,600	6.3 years	$2.11
$3.01	$4.50	156,900	3.90 years	$3.26	88,500	4.0 years	$3.18
$4.51	$6.68	136,000	5.16 years	$5.49	12,000	3.7 years	$5.59
		637,600	4.28 years	$2.61	391,800	3.9 years	$1.71