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7. SHAREHOLDERS' EQUITY (Tables)
9 Months Ended
May 31, 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  
4/09/2019   5/01/2019     17,515,228     $ 0.06     $ 1,050,904  
Total                       $ 3,144,864  

 

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   215,500   $20.23      
Exercised   (104,632)  $6.24      
Cancelled/Forfeited   (40,718)  $10.31      
Expired      $      
Outstanding, May 31, 2019   1,205,126   $11.62    7.25 
Exercisable, May 31, 2019   524,576   $8.74    6.47 

 

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
 
$ 6.75     $ 8.00       257,900       5.26 years     $ 6.85       197,510       5.27 years     $ 6.85  
$ 8.01     $ 12.00       673,360       7.26 years     $ 9.87       322,900       7.18 years     $ 9.83  
$ 12.01     $ 16.00       12,916       8.22 years     $ 14.44       4,166       8.23 years     $ 14.46  
$ 16.01     $ 20.00       179,950       9.29 years     $ 19.73       0           $  
$ 20.01     $ 23.75       81,000       8.67 years     $ 22.88       0           $  
                  1,205,126       7.25 years     $ 11.62       524,576       6.47 years     $ 8.74