SHAREHOLDERS’ EQUITY (Tables)

6 Months Ended

Feb. 28, 2021

Equity [Abstract]

Schedule of dividends declared and paid

(in thousands, except dividend per share amounts)		Fiscal Year 2021
Record Date	Distribution Date		Number of Shares Outstanding on Record Date		Dividend per Share		Total Amount
10/26/2020	11/02/2020			19,924	$	0.06	$	1,195
1/25/2021	2/01/2021			20,010	$	0.06		1,201
Total							$	2,396

(in thousands, except dividend per share amounts		Fiscal Year 2020
Record Date	Distribution Date		Number of Shares Outstanding on Record Date		Dividend per Share		Total Amount
10/25/2019	11/01/2019			17,606	$	0.06	$	1,056
1/27/2020	2/03/2020			17,646	$	0.06		1,059
4/24/2020	5/01/2020			17,769	$	0.06		1,066
7/27/2020	8/03/2020			17,820	$	0.06		1,069
Total							$	4,250

Schedule of stock option activity

(in thousands, except per share and weighted-average amounts) Transactions during the six months ended February 28, 2021	Number of Options			Weighted- Average Exercise Price Per Share		Weighted- Average Remaining Contractual Life
Outstanding, August 31, 2020		1,224		$	17.76		6.79
Granted		206		$	57.83
Exercised		(134	)	$	13.11
Cancelled/Forfeited		(34	)	$	26.19
Outstanding, February 28, 2021		1,262		$	24.57		6.88
Exercisable, February 28, 2021		657		$	11.68		5.31

Schedule of fair value of options

(in thousands except pricing)	Six months ended February 28, 2021		Fiscal Year 2020
Estimated fair value of awards granted	$	4,657	$	2,997
Unvested forfeiture rate		0%		0%
Weighted average grant price	$	57.83	$	39.23
Weighted average market price	$	57.83	$	39.23
Weighted average volatility		40.47%		33.56%
Weighted average risk-free rate		0.60%		1.39%
Weighted average dividend yield		0.41%		0.65%
Weighted average expected life		6.64 years		6.67 years

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
$	6.85	$	8.00		150		3.50 years	$	6.85		150		3.50 years	$	6.85
$	8.01	$	16.00		470		5.55 years	$	9.93		402		5.48 years	$	9.89
$	16.01	$	24.00		191		7.21 years	$	20.47		65		6.41 years	$	20.42
$	24.01	$	38.00		189		8.66 years	$	33.45		39		8.63 years	$	33.82
$	38.01	$	52.00		15		9.09 years	$	38.59		1		8.98 years	$	38.81
$	52.01	$	61.84		247		9.68 years	$	58.53		–		–	$	–
					1,262		6.88 years	$	24.57		657		5.31 years	$	11.68