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SHAREHOLDERS' EQUITY (Tables)
 12 Months Ended
Aug. 31, 2023
Equity [Abstract]  
Schedule of Shares Outstanding
Shares Outstanding

Shares of Company common stock outstanding for the years ended August 31, 2023, 2022, and 2021 were as follows:
(in thousands)Years ended August 31,
202320222021
Common stock outstanding, beginning of period20,260 20,142 19,923 
Common stock repurchased during the period *(492)— — 
Common stock issued during the period170 119 218 
Common stock outstanding, end of period19,938 20,260 20,142 
*Common stock repurchased per the ASR Agreement, as discussed in further detail, below.
Schedule of Dividends Payable
Dividends

The Company’s Board of Directors declared cash dividends during the fiscal years 2023 and 2022. The details of dividends paid are in the following tables:
(in thousands, except dividend per share)For the year ended August 31, 2023
Record DateDistribution DateNumber of Shares
Outstanding on
Record Date		Dividend per
Share		Total Amount
10/31/202211/07/202220,299 $0.06 $1,218 
1/30/20232/06/202319,924 $0.06 1,195 
4/24/20235/01/202319,999 $0.06 1,200 
7/31/20238/07/202319,931 $0.06 1,196 
Total$4,809 
(in thousands, except dividend per share) For the year ended August 31, 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 
Share-based Payment Arrangement, Option, Activity
The following tables summarize information about stock options:
(in thousands, except per share and weighted-average amounts)
Activity for the year ended August 31, 2023Number of
Options 		Weighted-Average
Exercise Price
Per Share		Weighted-Average
Remaining
Contractual Life
Outstanding, August 31, 20221,245 $28.61 6.14 years
Granted465 43.78 
Exercised(170)12.59 
Canceled/Forfeited(62)43.14 
Outstanding, August 31, 20231,478 $34.62 6.62 years
Vested and Exercisable, August 31, 2023696 $24.26 4.54 years
Vested and Expected to Vest, August 31, 20231,471 $34.56 6.61 years
(in thousands, except per share and weighted-average amounts)
Activity for the year ended August 31, 2022Number of
Options 		Weighted-Average
Exercise Price
Per Share		Weighted-Average
Remaining
Contractual Life
Outstanding, August 31, 20211,184 $25.63 6.47 years
Granted255 42.13 
Exercised(104)16.15 
Canceled/Forfeited(90)42.30 
Outstanding, August 31, 20221,245 $28.61 6.14 years
Vested and Exercisable, August 31, 2022711 $17.65 4.47 years
Vested and Expected to Vest, August 31, 20221,236 $28.51 6.12 years
(in thousands, except per share and weighted-average amounts)
Activity for the year ended August 31, 2021Number of
Options 		Weighted-Average
Exercise Price
Per Share		Weighted-Average
Remaining
Contractual Life
Outstanding, August 31, 20201,224 $17.76 6.79 years
Granted226 57.60 
Exercised(204)12.53 
Canceled/Forfeited(62)29.83 
Outstanding, August 31, 20211,184 $25.63 6.47 years
Vested and Exercisable, August 31, 2021619 $13.36 4.95 years
Vested and Expected to Vest, August 31, 20211,173 $25.69 6.47 years
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
As of August 31, 2023$25,705 $19,373 $11,554 
As of August 31, 2022$39,208 $30,187 $3,572 
As of August 31, 2021$17,875 $15,742 $5,135 
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 years ended August 31, 2023, 2022, and 2021:
(in thousands, except weighted-average amounts)202320222021
Estimated fair value of awards granted$10,067 $4,597 $5,092 
Unvested Forfeiture Rate0.22 %1.04 %0.00 %
Weighted-average grant price$43.78 $42.13 $57.60 
Weighted-average market price$43.78 $42.13 $57.60 
Weighted-average volatility46.14 %42.80 %40.49 %
Weighted-average risk-free rate4.29 %1.74 %0.64 %
Weighted-average dividend yield0.55 %0.58 %0.42 %
Weighted-average expected life6.55 years6.59 years6.63 years
Share-based Payment Arrangement, Option, Exercise Price Range
The exercise prices for the options outstanding at August 31, 2023, ranged from $6.85 to $66.14, and the information relating to these options are as follows:
(in thousands except prices and weighted-average amounts)
Exercise PriceAwards OutstandingAwards Exercisable
LowHighQuantityWeighted -Average
Remaining
Contractual
Life		Weighted-Average
Exercise
Price		QuantityWeighted-Average
Remaining
Contractual
Life		Weighted-Average
Exercise
Price
$6.85 $9.77 203 1.96 years$8.69 203 1.96 years$8.69 
$9.78 $18.76 148 3.49 years$10.11 148 3.49 years$10.11 
$18.77 $33.40 205 5.64 years$25.30 141 5.54 years$24.51 
$33.41 $47.63 649 8.70 years$42.13 81 7.03 years$37.96 
$47.64 $66.14 273 7.56 years$56.33 123 7.32 years$57.87 
  1,478 6.62 years$34.62 696 4.54 years$24.26