XML 103 R20.htm IDEA: XBRL DOCUMENT v2.4.0.6
ACQUISITION OF NONCONTROLLING INTEREST
12 Months Ended
Aug. 31, 2012
Noncontrolling Interest [Abstract]  
ACQUISITION OF NONCONTROLLING INTEREST
ACQUISITION OF NONCONTROLLING INTEREST
 
In May 2010, the Company purchased the remaining 5% noncontrolling interest of its Trinidad subsidiary for $3.8 million in cash.  As of the purchase date, the Company had recorded a liability for approximately $886,000 related to the 5% noncontrolling interest.  The Company recorded the change in the ownership interest as an equity transaction, adjusting additional paid-in capital for approximately $2.9 million (the difference between the fair value of consideration paid less the book value of the noncontrolling interest).

The Company did not acquire any noncontrolling interests during fiscal year 2012 or 2011.