SHAREHOLDERS’ EQUITY (Tables)

3 Months Ended

Nov. 30, 2021

Equity [Abstract]

Schedule of common stock outstanding

	November 30,
	2021		2020
Common stock outstanding, beginning of quarter		20,141,521		19,923,277
Common stock issued during the year		27,275		35,483
Common stock outstanding, end of quarter		20,168,796		19,958,760

Schedule of dividends declared and paid

(in thousands, except dividend per share)		Fiscal Year 2022
Record Date	Distribution Date	Number of Shares Outstanding on Record Date		Dividend per Share		Total Amount
10/25/2021	11/01/2021		20,148	$	0.06		1,209
Total						$	1,209

(in thousands, except dividend per share)		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
4/26/2021	5/03/2021		20,115	$	0.06		1,207
7/26/2021	8/02/2021		20,139	$	0.06		1,208
Total						$	4,811

Schedule of stock option activity

(in thousands, except per share and weighted-average amounts) Transactions during the three months ended November 30, 2021	Number of Options			Weighted- Average Exercise Price Per Share		Weighted- Average Remaining Contractual Life (Years)
Outstanding, August 31, 2021		1,184		$	25.63		6.47
Granted		189		$	39.19
Exercised		(28	)	$	16.88
Cancelled/Forfeited		(15	)	$	37.33
Outstanding, November 30, 2021		1,330		$	27.61		6.74
Exercisable, November 30, 2021		624		$	14.47		4.78

Schedule of fair value of options

(in thousands except pricing)	Three Months Ended November 30, 2021		Fiscal Year 2021
Estimated fair value of awards granted	$	3,029	$	5,092
Unvested forfeiture rate		0%		0%
Weighted average grant price	$	39.19	$	57.60
Weighted average market price	$	39.19	$	57.60
Weighted average volatility		41.89%		40.49%
Weighted average risk-free rate		1.44%		0.64%
Weighted average dividend yield		0.62%		0.42%
Weighted average expected life		6.60 years		6.63 years

Schedule of options by exercise price range

(in thousands except prices)
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	$	9.77		310		3.55 years	$	8.39		310		3.55 years	$	8.39
$	9.78	$	18.76		227		5.09 years	$	10.35		169		5.05 years	$	10.43
$	18.77	$	33.40		280		7.17 years	$	25.20		89		6.44 years	$	23.64
$	33.41	$	49.62		258		9.35 years	$	38.27		33		7.76 years	$	35.44
$	49.63	$	66.14		255		8.97 years	$	58.23		23		8.69 years	$	60.98
					1,330		6.74 years	$	27.61		624		4.78 years	$	14.47