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Share-Based Compensation Plans (Tables)
12 Months Ended
Aug. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Total awards granted
The following table summarizes the total awards granted:

 
 
Stock
Options/SARs
 
Restricted Stock
Awards/Units
 
Performance
Awards
2013 Grants
 
244,403

 
1,149,696

 
640,002

2012 Grants
 
927,312

 
829,001

 
693,472

2011 Grants
 
112,000

 
690,180

 
686,548

Restricted stock awards and PSUs excluding the cash component of PSUs

Information for restricted stock units and performance stock units, excluding the cash component, is as follows:
 
Number
 
Weighted Average
Grant-Date
Fair Value
Outstanding as of August 31, 2012
1,683,572

 
$
13.16

Granted
1,159,451

 
13.60

Vested
(537,303
)
 
13.35

Forfeited
(398,302
)
 
12.22

Outstanding as of August 31, 2013
1,907,418

 
$
13.57

Valuation assumptions for stock options and SARs
 
 
2013
 
2012
 
2011
Risk-free interest rate
 
0.41
%
 
0.43
%
 
0.59
%
Expected life, years
 
3.0

 
3.0

 
2.0

Expected volatility
 
43
%
 
59
%
 
56
%
Expected dividend yield
 
3.40
%
 
4.14
%
 
2.85
%
Weighted average grant-date fair value per share
 
$
3.38

 
$
3.67

 
$
4.63

Combined activity for stock appreciation rights and stock options
Combined activity for the Company’s stock appreciation rights and stock options, excluding the cash component, is as follows:
 
Number
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual Life
(Years)
 
Aggregate
Intrinsic Value
Outstanding as of September 1, 2010
3,922,016

 
$
23.67

 
 
 
 
Granted
112,000

 
16.83

 
 
 
 
Exercised
(854,023
)
 
8.03

 
 
 
 
Forfeited/Expired
(372,495
)
 
28.96

 
 
 
 
Outstanding as of August 31, 2011
2,807,498

 
$
27.45

 
2.8
 
$
94,500

Granted
828,463

 
11.63

 
 
 
 
Exercised
(361,478
)
 
12.34

 
 
 
 
Forfeited/Expired
(343,991
)
 
27.78

 
 
 
 
Outstanding as of August 31, 2012
2,930,492

 
$
24.81

 
3.3
 
$
1,104,590

Granted
185,004

 
14.25

 

 
 
Exercised
(4,105
)
 
11.60

 

 
 
Forfeited/Expired
(457,961
)
 
24.91

 

 
 
Outstanding as of August 31, 2013
2,653,430

 
$
24.07

 
2.8
 
$
2,867,175

Exercisable at August 31, 2013
1,756,862

 
$
30.15

 
1.5
 
$
666,807

Remaining unvested stock appreciation rights and stock options expected to vest
851,740

 
12.18

 
 
 
 
Information related to stock appreciation rights and stock options
Information related to stock appreciation rights and stock options as of August 31, 2013 is summarized below:

 
Stock Appreciation Rights and Stock Options Outstanding
 
Stock Appreciation Rights and Stock Options Exercisable
Range of Exercise Prices
Number Outstanding
 
Weighted Average Remaining Contractual Life (In Years)
 
Weighted
Average
Exercise
Price
 
Number Exercisable
 
Weighted Average Remaining Contractual Life (In Years)
 
Weighted
Average
Exercise
Price
$11.00
 -
14.68
1,161,224

 
4.8
 
$
12.20

 
274,362

 
3.1
 
$
12.45

$16.54
 -
16.83
121,706

 
4.5
 
$
16.81

 
112,000

 
4.4
 
$
16.83

$31.75
 -
35.38
1,370,500

 
1.0
 
$
34.78

 
1,370,500

 
1.0
 
$
34.78




2,653,430

 
2.8
 
$
24.07

 
1,756,862

 
1.5
 
$
30.15

Yearly activity of the stock purchase plan
Yearly activity of the stock purchase plan is as follows:

 
 
2013
 
2012
 
2011
Shares subscribed
 
281,460

 
299,210

 
339,620

Price per share
 
$
12.61

 
$
11.85

 
$
14.34

Shares purchased
 
211,580

 
198,300

 
357,180

Price per share
 
$
11.85

 
$
11.76

 
$
13.63

Shares available for future issuance
 
4,134,634