7. SHAREHOLDERS' EQUITY (Tables)

6 Months Ended

Feb. 28, 2019

Equity [Abstract]

Schedule of dividends declared and paid

FY2019
Record Date	Distribution Date	Number of Shares Outstanding on Record Date		Dividend per Share		Total Amount
11/1/2018	11/08/2018	17,417,875	$	0.06	$	1,045,073
1/25/2019	2/1/2019	17,481,450	$	0.06	$	1,048,887
Total					$	2,093,960

FY2018
Record Date	Distribution Date	Number of Shares Outstanding on Record Date		Dividend per Share		Total Amount
11/13/2017	11/20/2017	17,284,792	$	0.06	$	1,037,088
1/26/2018	2/2/2018	17,317,752	$	0.06	$	1,039,065
4/25/2018	5/2/2018	17,354,005	$	0.06	$	1,041,240
7/26/2018	8/2/2018	17,405,775	$	0.06	$	1,044,347
Total					$	4,161,740

Schedule of stock option activity

Transactions in FY19	Number of Options			Weighted- Average Exercise Price Per Share		Weighted- Average Remaining Contractual Life
Outstanding, August 31, 2018		1,134,976		$	9.44		7.31
Granted		192,000		$	20.01
Exercised		(78,783	)	$	6.32
Cancelled/Forfeited		(28,827	)	$	10.08
Expired		–		$	–
Outstanding, February 28, 2019		1,219,366		$	11.29		7.38
Exercisable, February 28, 2019		554,766		$	8.62		6.61

Schedule of options by exercise price range

Exercise Price				Awards Outstanding						Awards Exercisable
Low		High		Quantity		Weighted Average Remaining Contractual Life		Weighted Average Exercise Price		Quantity		Weighted Average Remaining Contractual Life		Weighted Average Exercise Price
$	1.00	$	4.00		10,000		0.10 years	$	1.00		10,000		0.10 years	$	1.00
$	4.01	$	8.00		261,570		5.52 years	$	6.85		201,080		5.52 years	$	6.85
$	8.01	$	12.00		696,180		7.52 years	$	9.87		339,520		7.42 years	$	9.83
$	12.01	$	16.00		12,916		8.47 years	$	14.44		4,166		8.48 years	$	14.46
$	16.01	$	20.00		181,200		9.54 years	$	19.73		0		–	$	–
$	20.01	$	23.75		57,500		8.43 years	$	23.21		0		–	$	–
					1,219,366		7.38 years	$	11.29		554,766		6.61 years	$	8.62