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Share-Based Payments (Tables)
12 Months Ended
Aug. 31, 2012
Share-based Compensation [Abstract]  
Schedule of Restricted Stock Award Activity
Activity related to restricted stock awards during the fiscal year ended August 31, 2012 was as follows:
 
Number of
Shares
 
Weighted Average
Grant Date
Fair Value Per
Share
Outstanding at August 31, 2011
0.8
 
$
40.68

Granted
0.3
 
$
47.20

Vested
(0.3)
 
$
38.78

Forfeited
*
$
39.82

Outstanding at August 31, 2012
0.8
 
$
44.11

Schedule of Stock Options, Weighted Average Assumptions
The following weighted average assumptions were used to estimate the fair value of stock options granted in the fiscal years ended August 31:
 
2012
 
2011
 
2010
Dividend yield
1.0%
 
1.3%
 
1.5 - 1.8%
Expected volatility
43.2%
 
41.8%
 
40.9 - 41.2%
Risk-free interest rate
1.1%
 
1.2%
 
2.1 - 2.5%
Expected life of options
5 years
 
5 years
 
5 years
Weighted-average fair value of options
$16.43
 
$16.95
 
 $11.19 - $13.39
Schedule of Stock Option Transactions
Stock option transactions for the stock option plans and stock option agreements during the years ended August 31, 2012, 2011, and 2010 were as follows:
 
Outstanding
 
Exercisable
 
Number of
Shares
 
Weighted Average
Exercise Price
 
Number of
Shares
 
Weighted Average
Exercise Price
Outstanding at August 31, 2009
1.7
 
$24.69
 
1.3
 
$22.09
Granted
0.2
 
$34.44
 
 
 
 
Exercised
(0.4)
 
$16.73
 
 
 
 
Cancelled
 
$—
 
 
 
 
Outstanding at August 31, 2010
1.5
 
$27.78
 
1.1
 
$26.03
Granted
0.2
 
$50.56
 
 
 
 
Exercised
(0.3)
 
$21.18
 
 
 
 
Cancelled
(0.1)
 
$39.57
 
 
 
 
Outstanding at August 31, 2011
1.3
 
$31.67
 
1.0
 
$28.81
Granted
0.1
 
$46.29
 
 
 
 
Exercised
(0.3)
 
$22.02
 
 
 
 
Cancelled
*
$35.64
 
 
 
 
Outstanding at August 31, 2012
1.1
 
$36.25
 
1.0
 
$33.06
Range of option exercise prices:
 
 
 
 
 
 
 
$10.00 – $20.00 (average life – 1.2 years)
*
$18.54
 
*
$18.54
$20.01 – $30.00 (average life – 2.3 years)
0.3
 
$25.59
 
0.3
 
$25.59
$30.01 – $40.00 (average life – 5.6 years)
0.4
 
$34.94
 
0.4
 
$35.00
$40.01 – $50.00 (average life – 7.3 years)
0.3
 
$43.56
 
0.2
 
$40.29
$50.01 – $60.00 (average life – 8.1 years)
0.1
 
$50.56
 
0.1
 
$50.56