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Condensed Consolidated Statements of Operations (unaudited) - USD ($)
3 Months Ended 9 Months Ended
May 31, 2017
May 31, 2016
May 31, 2017
May 31, 2016
Income Statement [Abstract]        
Net revenues $ 6,748,518 $ 6,012,193 $ 17,872,044 $ 16,014,539
Cost of revenues 1,444,764 1,194,815 4,334,699 3,541,903
Gross margin 5,303,754 4,817,378 13,537,345 12,472,636
Operating expenses        
Selling, general, and administrative 1,954,871 1,680,707 5,766,563 5,079,985
Research and development 253,799 348,427 952,635 1,161,124
Total operating expenses 2,208,670 2,029,134 6,719,198 6,241,109
Income from operations 3,095,084 2,788,244 6,818,147 6,231,527
Other income (expense)        
Interest income 4,663 4,553 13,548 13,507
Gain (loss) on currency exchange (14,913) 7,733 5,573 (35,490)
Total other income (expense) (10,250) 12,286 19,121 (21,983)
Income before provision for income taxes 3,084,834 2,800,530 6,837,268 6,209,544
Provision for income taxes (1,004,805) (891,191) (2,199,914) (2,048,383)
Net Income $ 2,080,029 $ 1,909,339 $ 4,637,354 $ 4,161,161
Earnings per share        
Basic $ .12 $ .11 $ .27 $ .24
Diluted $ .12 $ .11 $ .27 $ .24
Weighted-average common shares outstanding        
Basic 17,241,891 17,028,634 17,233,470 17,000,228
Diluted 17,585,528 17,227,540 17,454,864 17,219,835