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STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
Common Stock
Additional Paid-In Capital
Retained Earnings
Total
Beginning balance, shares at Aug. 31, 2014 16,349,955      
Beginning balance, value at Aug. 31, 2014 $ 4,821 $ 6,085,427 $ 9,345,103 $ 15,435,351
Exercise of stock options, shares 101,887      
Exercise of stock options, amount $ 102 56,941   57,043
Stock-based compensation   295,243   295,243
Issuance of stock - acquisition, shares 491,159      
Issuance of stock - acquisition, value $ 491 3,276,679   3,277,170
Declaration of dividends     (3,375,566) (3,375,566)
Net income     3,842,961 3,842,961
Ending balance, shares at Aug. 31, 2015 16,943,001      
Ending balance, value at Aug. 31, 2015 $ 5,414 9,714,290 9,812,498 19,532,202
Exercise of stock options, shares 112,463      
Exercise of stock options, amount $ 113 181,936   182,049
Stock-based compensation   347,077   347,077
Issuance of stock - acquisition, shares 170,014      
Issuance of stock - acquisition, value $ 1,700 1,132,704   1,134,404
Declaration of dividends     (3,413,274) (3,413,274)
Net income     4,950,136 4,950,136
Ending balance, shares at Aug. 31, 2016 17,225,478      
Ending balance, value at Aug. 31, 2016 $ 7,227 11,376,007 11,349,360 22,732,594
Exercise of stock options, shares 49,642      
Exercise of stock options, amount $ 49 111,355   111,404
Stock-based compensation   585,018   585,018
Issuance of stock - acquisition, shares 2,484      
Issuance of stock - acquisition, value $ 2 36,761   36,763
Declaration of dividends     (3,448,489) (3,448,489)
Net income     5,787,597 5,787,597
Ending balance, shares at Aug. 31, 2017 17,277,604      
Ending balance, value at Aug. 31, 2017 $ 7,278 $ 12,109,141 $ 13,688,468 $ 25,804,887