XML 81 R29.htm IDEA: XBRL DOCUMENT v3.22.2.2
SHAREHOLDERS' EQUITY (Tables)
 12 Months Ended
Aug. 31, 2022
Equity [Abstract]  
Schedule of Shares Outstanding
Shares Outstanding

Shares of common stock outstanding for the years ended August 31, 2022, 2021, and 2020 were as follows:
August 31,
202220212020
Common stock outstanding, beginning of year20,142 19,923 17,592 
Common stock issued during the year119 218 2,331 
Common stock outstanding, end of year20,260 20,142 19,923 
Schedule of Dividends Payable
Dividends

The Company’s Board of Directors declared cash dividends during the years ended August 31, 2022, and 2021. The details of dividends paid are in the following tables:
(in thousands, except dividend per share)Fiscal Year 2022
Record DateDistribution DateNumber of Shares
Outstanding on
Record Date		Dividend per
Share		Total Amount
10/25/202111/01/202120,148 $0.06 $1,209 
1/31/20222/07/202220,178 $0.06 1,211 
4/25/20225/02/202220,207 $0.06 1,212 
7/25/20228/01/202220,239 $0.06 1,214 
Total$4,846 
(in thousands, except dividend per share)
Fiscal Year 2021
Record DateDistribution DateNumber of Shares
Outstanding on
Record Date		Dividend per
Share		Total Amount
10/26/202011/02/202019,924 $0.06 $1,195 
1/25/20212/01/202120,010 $0.06 1,201 
4/26/20215/03/202120,115 $0.06 1,207 
7/26/20218/02/202120,139 $0.06 1,208 
Total  $4,811 
Share-based Payment Arrangement, Option, Activity
The following tables summarize information about stock options:
(in thousands, except per share and weighted-average amounts)
Transactions During Fiscal Year 2022
Number of
Options 		Weighted-Average
Exercise Price
Per Share		Weighted-Average
Remaining
Contractual Life
Outstanding, August 31, 20211,184 $25.63 6.47
Granted255 42.13 
Exercised(104)16.15 
Canceled/Forfeited(90)42.30 
Outstanding, August 31, 20221,245 $28.61 6.14
Vested and Exercisable, August 31, 2022711 $17.65 4.47
Vested and Expected to Vest, August 31, 20221,236 $28.51 6.12
(in thousands, except per share and weighted-average amounts)
Transactions During Fiscal Year 2021
Number of
Options 		Weighted-Average
Exercise Price
Per Share		Weighted-Average
Remaining
Contractual Life
Outstanding, August 31, 20201,224 $17.76 6.79
Granted226 57.60 
Exercised(204)12.53 
Canceled/Forfeited(62)29.83 
Outstanding, August 31, 20211,184 $25.63 6.47
Vested and Exercisable, August 31, 2021619 $13.36 4.95
Vested and Expected to Vest, August 31, 20211,173 $25.69 6.47
(in thousands, except per share and weighted-average amounts)
Transactions During Fiscal Year 2020
Number of
Options 		Weighted-Average
Exercise Price
Per Share		Weighted-Average
Remaining
Contractual Life
Outstanding, August 31, 20191,163 $12.63 7.13
Granted223 39.23 
Exercised(121)9.29 
Canceled/Forfeited(41)14.19 
Outstanding, August 31, 20201,224 $17.76 6.79
Vested and Exercisable, August 31, 2020596 $10.69 5.59
Vested and Expected to Vest, August 31, 20201,194 $17.75 6.77
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value
The following table summarizes the Intrinsic Value of options outstanding and options exercisable:
(in thousands)Intrinsic Value
of Options
Outstanding		Intrinsic
Value of
Options
Exercisable		Intrinsic
Value of
Options
Exercised
Fiscal Year 2020$51,273 $29,151 $4,086 
Fiscal Year 2021$25,705 $19,373 $11,554 
Fiscal Year 2022$39,208 $30,187 $3,572 
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value
The following table summarizes the fair value of the options, including both ISOs and NQSOs, granted during the current fiscal year 2022 and fiscal year 2021:
(in thousands, except prices)Fiscal Year 2022Fiscal Year 2021
Estimated fair value of awards granted$4,597 $5,092 
Unvested Forfeiture Rate1.04 %0 %
Weighted-average grant price$42.13 $57.60 
Weighted-average market price$42.13 $57.60 
Weighted-average volatility42.80 %40.49 %
Weighted-average risk-free rate1.74 %0.64 %
Weighted-average dividend yield0.58 %0.42 %
Weighted-average expected life6.59 years6.63 years
Share-based Payment Arrangement, Option, Exercise Price Range
The exercise prices for the options outstanding at August 31, 2022, ranged from $6.85 to $66.14, and the information relating to these options is as follows:
(in thousands except prices)
Exercise PriceAwards OutstandingAwards Exercisable
LowHighQuantityWeighted -Average
Remaining
Contractual
Life		Weighted-Average
Exercise
Price		QuantityWeighted-Average
Remaining
Contractual
Life		Weighted-Average
Exercise
Price
$6.85 $9.77 286 2.75 years$8.29 286 2.75 years$8.29 
$9.78 $18.76 200 4.32 years$10.37 200 4.32 years$10.37 
$18.77 $33.40 241 6.38 years$25.21 121 5.97 years$24.16 
$33.41 $47.63 229 8.64 years$38.47 41 7.01 years$35.41 
$47.64 $66.14 289 8.56 years$56.30 63 8.14 years$58.92 
  1,245 6.14 years$28.61 711 4.47 years$17.65