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STOCK BASED COMPENSATION (Tables)
12 Months Ended
Aug. 31, 2021
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, 2021

August 31,

August 31,

(including shares originally authorized for issuance under prior plans)

2021

2020

2013 Plan

1,562,832

705,924

297,366

Summary of Components of Stock-Based Compensation Expense

Years Ended August 31,

2021

2020

2019

Restricted stock awards

$

11,010

$

8,747

$

11,477

Restricted stock units

3,939

3,011

2,820

Performance-based restricted stock units

3,475

2,059

764

Stock-based compensation expense

$

18,424

$

13,817

$

15,061

Summary of Other Information Related to Stock-Based Compensation

Balance as of

August 31,

August 31,

August 31,

2021

2020

2019

Remaining unrecognized compensation cost (in thousands)

$

16,349

$

21,720

$

21,116

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

2

2

3

Years Ended

August 31,

August 31,

August 31,

2021

2020

2019

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

$

(778)

$

(936)

$

(1,829)

Summary of Restricted Stock Awards and Units Activity

Years Ended

August 31,

August 31,

August 31,

2021

2020

2019

Grants outstanding at beginning of period

415,869

362,826

385,417

Granted

166,160

266,759

193,489

Forfeited

(12,436)

(43,198)

(16,127)

Vested

(193,971)

(170,518)

(199,953)

Grants outstanding at end of period

375,622

415,869

362,826

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

2021

2020

2019

RSAs, RSUs, and PSUs granted

$

79.02

$

64.57

$

65.11

RSAs, RSUs, and PSUs vested

$

70.03

$

72.82

$

79.28

RSAs, RSUs, and PSUs forfeited

$

70.56

$

76.81

$

75.02

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

Years Ended

August 31,

August 31,

August 31,

2021

2020

2019

Total fair market value of RSAs, RSUs, and PSUs vested (in thousands)

$

17,478

$

10,914

$

12,302

Summary of Shares Repurchased

Years Ended

August 31,

August 31,

August 31,

2021

2020

2019

Shares repurchased

62,282

56,503

75,462

Cost of repurchase of shares (in thousands)

$

5,542

$

3,651

$

4,604

Summary of Treasury Shares Reissued

Years Ended

August 31,

August 31,

August 31,

2021

2020

2019

Reissued treasury shares

96,400

234,370

63,130