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STOCK-BASED COMPENSATION PLANS (Tables)
12 Months Ended
Aug. 31, 2014
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
2014 Grants
 

 
1,191,544

 
450,233

2013 Grants
 
244,403

 
1,149,696

 
640,002

2012 Grants
 
927,312

 
829,001

 
693,472

Restricted stock units and performance stock units, excluding the cash component

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 September 1, 2011
2,394,140

 
$
13.44

Granted
489,118

 
10.68

Vested
(773,947
)
 
13.90

Forfeited
(425,739
)
 
10.56

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

Granted
1,275,355

 
16.89

Vested
(737,870
)
 
13.55

Forfeited
(364,323
)
 
14.94

Outstanding as of August 31, 2014
2,080,580

 
$
15.37

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

 
3.0

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

 
$
3.67

Combined activity for stock appreciation rights and stock options, excluding the cash component
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, 2011
2,807,498

 
$
27.45

 
 
 
 
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

Granted

 

 

 
 
Exercised
(223,473
)
 
11.84

 

 
 
Forfeited/Expired
(992,926
)
 
32.93

 

 
 
Outstanding as of August 31, 2014
1,437,031

 
$
19.85

 
2.7
 
$
4,384,668

Exercisable at August 31, 2014
1,018,397

 
$
22.95

 
2.1
 
$
2,307,463

Remaining unvested stock appreciation rights and stock options expected to vest
397,703

 
$
12.32

 
 
 
 
Stock appreciation rights and stock options
Information related to stock appreciation rights and stock options as of August 31, 2014 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
 
868,245

 
3.7
 
$
12.30

 
456,081

 
3.2
 
$
12.34

$16.54
-
16.83
 
121,706

 
3.5
 
$
16.81

 
115,236

 
3.4
 
$
16.82

$32.82
-
35.38
 
447,080

 
0.7
 
$
35.36

 
447,080

 
0.7
 
$
35.36

 
 

 
1,437,031

 
2.7
 
$
19.85

 
1,018,397

 
2.1
 
$
22.95

Yearly activity of the stock purchase plan
Yearly activity of the stock purchase plan is as follows:
 
 
2014
 
2013
 
2012
Shares subscribed
 
228,780

 
281,460

 
299,210

Price per share
 
$
16.97

 
$
12.61

 
$
11.85

Shares purchased
 
221,570

 
211,580

 
198,300

Price per share
 
$
12.61

 
$
11.85

 
$
11.76

Shares available for future issuance
 
3,955,314