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STOCK BASED COMPENSATION (Tables)
12 Months Ended
Aug. 31, 2016
STOCK BASED COMPENSATION [Abstract]  
Summary of Shares Authorized and Shares Available for Future Grants



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



 

 

 

Shares available to grant



 

Shares authorized for issuance as of August 31, 2016

 

August 31,

 

August 31,



 

(including shares originally authorized for issuance under prior plans)

 

2016

 

2015

2013 Plan

 

944,905 

 

 

615,889 

 

 

847,876 



Summary of Components of Stock-Based Compensation Expense



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

Years Ended August 31,



 

2016

 

2015

 

2014

Options granted to directors

 

$

72 

 

$

86 

 

$

91 

Restricted stock awards

 

 

7,103 

 

 

4,599 

 

 

5,326 

Restricted stock units

 

 

1,946 

 

 

1,284 

 

 

1,034 

Stock-based compensation expense

 

$

9,121 

 

$

5,969 

 

$

6,451 



Summary of Other Information Related to Stock-Based Compensation



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

Balance as of



 

August 31,

 

August 31,

 

August 31,



 

2016

 

2015

 

2014

Remaining unrecognized compensation cost (in thousands)

 

$

32,380 

 

$

18,421 

 

$

21,196 

Weighted average period of time over which this cost will be recognized (years)

 

 

 

 

 

 







 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

Years Ended



 

August 31,

 

August 31,

 

August 31,



 

2016

 

2015

 

2014

Excess tax benefit (deficiency) on stock-based compensation (in thousands)

 

$

610 

 

$

1,206 

 

$

1,489 



Summary of Restricted Stock Awards and Units Activity



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

Years Ended



 

August 31,

 

August 31,

 

August 31,



 

2016

 

2015

 

2014

Grants outstanding at beginning of period

 

 

366,021 

 

 

488,416 

 

 

623,424 

Granted

 

 

276,530 

 

 

36,382 

 

 

14,828 

Forfeited

 

 

(1,372)

 

 

(10,738)

 

 

(2,669)

Vested

 

 

(131,299)

 

 

(148,039)

 

 

(147,167)

Grants outstanding at end of period

 

 

509,880 

 

 

366,021 

 

 

488,416 



Summary of Weighted Average Per Share Grant Date Fair Value for Restricted Stock Awards and Units



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

Years Ended



 

August 31,

 

August 31,

 

August 31,

Weighted Average Grant Date Fair Value

 

2016

 

2015

 

2014

Restricted stock awards and units granted

 

$

84.69 

 

$

88.40 

 

$

105.76 

Restricted stock awards and units vested

 

$

71.19 

 

$

45.20 

 

$

39.91 

Restricted stock awards and units forfeited

 

$

 —

 

$

65.67 

 

$

54.21 



Summary of Total Fair Market Value of Restricted Stock Awards and Units Vested



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

Years Ended



 

August 31,

 

August 31,

 

August 31,



 

2016

 

2015

 

2014

Total fair market value of restricted stock awards and units vested (in thousands)

 

$

10,139 

 

$

13,192 

 

$

13,797 



Summary of Shares Repurchased



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

Years Ended



 

August 31,

 

August 31,

 

August 31,



 

2016

 

2015

 

2014

Shares repurchased

 

 

43,171 

 

 

52,396 

 

 

50,898 

Cost of repurchase of shares (in thousands)

 

$

3,334 

 

$

4,677 

 

$

4,773 



Summary of Stock Options Outstanding



 

 

 

 

 

 



 

 

 

 

 

 



 

August 31,

 

August 31,



 

2016

 

2015

Stock options outstanding

 

 

16,000 

 

 

20,000