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12. EMPLOYEE BENEFIT PLAN
12 Months Ended
Aug. 31, 2016
Compensation and Retirement Disclosure [Abstract]  
EMPLOYEE BENEFIT PLAN

We maintain a 401(k) Plan for eligible employees. We make matching contributions equal to 100% of the employee’s elective deferral, not to exceed 4% of the total employee compensation. We can also elect to make a profit-sharing contribution. We contributed $219,756 and $237,300 for fiscal year 2016 and 2015, respectively.