STOCK BASED COMPENSATION Disclosure of Compensation Related Costs, Shared-based Payments (Tables)

3 Months Ended

Nov. 30, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based compensation, shares available for grant [Table Text Block]

The following table summarizes the shares authorized and shares available for future grants:

		Shares available to grant
	Shares authorized for issuance (including shares originally authorized for issuance under the prior plans)	November 30, 2014	August 31, 2014
2013 Plan	838,766	821,124	821,124

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]

The following table summarizes the components of the stock-based compensation expense (in thousands), which are included in general and administrative expense and warehouse club operations in the consolidated statements of income:

	Three Months Ended November 30,
	2014		2013
Options granted to directors	$	27	$	29
Restricted stock awards	1,249		1,151
Restricted stock units	280		250
Stock-based compensation expense	$	1,556	$	1,430

Schedule of Share-based Payment Award, Valuation Assumptions [Table Text Block]

The following table summarizes other information related to stock-based compensation:

	November 30,
	2014		2013
Remaining unrecognized compensation cost (in thousands)	$	18,002	$	24,014
Weighted average period of time over which this cost will be recognized (years)	6		7

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]

The Company began issuing restricted stock awards in fiscal year 2006 and restricted stock units in fiscal year 2008. The restricted stock awards and units vest over a five to ten year period and the unvested portion of the award is forfeited if the employee or non-employee director leaves the Company before the vesting period is completed. Restricted stock awards and units activity for the period was as follows:

	Three Months Ended November 30,
	2014	2013
Grants outstanding at beginning of period	488,416	623,424
Granted	—	—
Forfeited	—	(999	)
Vested	—	—
Grants outstanding at end of period	488,416	622,425

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value [Table Text Block]

The following table summarizes the weighted average per share grant date fair value for restricted stock awards and units for the period:

	Three Months Ended November 30,
Weighted Average Grant Date Fair Value	2014		2013
Restricted stock awards and units granted	$	—	$	—
Restricted stock awards and units vested	$	—	$	—
Restricted stock awards and units forfeited	$	—	$	53.62

Schedule of Share-based compensation, Fair Market Value for Restricted Stock [Table Text Block] [Table Text Block]

The following table summarizes the total fair market value of restricted stock awards and units vested for the period (in thousands):

	Three Months Ended November 30,
	2014		2013
Total fair market value of restricted stock awards and units vested	$	—	$	—

Schedule of Share-based compensation, Shares repurchased [Table Text Block]

The following table summarizes this activity during the period:

	Three Months Ended November 30,
	2014		2013
Shares repurchased	—		—
Cost of repurchase of shares (in thousands)	$	—	$	—

Schedule of Share-based compensation, reissued treasury shares [Table Text Block]

The Company reissues treasury shares as part of its stock-based compensation programs. The following table summarizes the treasury shares reissued:

	Three Months Ended November 30,
	2014	2013
Reissued treasury shares	—	—

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

The following table summarizes the stock options outstanding: 

	November 30, 2014	August 31, 2014
Stock options outstanding	23,000	23,000