XML 15 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Feb. 28, 2017
Feb. 29, 2016
Feb. 28, 2017
Feb. 29, 2016
Income Statement [Abstract]        
Net revenues $ 5,705,590 $ 5,163,726 $ 11,123,525 $ 10,002,346
Cost of revenues 1,553,952 1,263,741 2,889,935 2,347,088
Gross margin 4,151,638 3,899,985 8,233,590 7,655,258
Operating expenses        
Selling, general, and administrative 1,948,136 1,722,844 3,811,692 3,399,278
Research and development 408,536 461,389 698,836 812,696
Total operating expenses 2,356,672 2,184,233 4,510,528 4,211,974
Income from operations 1,794,966 1,715,752 3,723,062 3,443,284
Other income (expense)        
Interest income 4,429 4,486 8,886 8,953
Gain (loss) on currency exchange (14,441) (28,330) 20,486 (43,224)
Total other income (expense) (10,012) (23,844) 29,372 (34,271)
Income before provision for income taxes 1,784,954 1,691,908 3,752,434 3,409,013
Provision for income taxes (589,194) (546,559) (1,195,109) (1,157,191)
Net Income $ 1,195,760 $ 1,145,349 $ 2,557,325 $ 2,251,822
Earnings per share        
Basic $ .07 $ .07 $ .15 $ .13
Diluted $ .07 $ .07 $ .15 $ .13
Weighted-average common shares outstanding        
Basic 17,233,017 17,005,649 17,229,586 16,985,869
Diluted 17,438,508 17,268,144 17,421,457 17,230,099