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STOCK-BASED COMPENSATION PLANS (Tables)
12 Months Ended
Aug. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Total awards granted
The following table summarizes the total awards granted:
 
 
Restricted Stock
Awards/Units
 
Performance
Awards
2016 Grants
 
1,137,000

 
540,295

2015 Grants
 
987,574

 
462,496

2014 Grants
 
1,191,544

 
450,233

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, 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

Granted
1,468,696

 
15.79

Vested
(712,279
)
 
14.33

Forfeited
(103,663
)
 
15.51

Outstanding as of August 31, 2015
2,733,334

 
15.86

Granted
1,612,772

 
15.83

Vested
(1,471,436
)
 
14.47

Forfeited
(174,440
)
 
17.60

Outstanding as of August 31, 2016
2,700,230

 
$
16.49

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, 2013
2,653,430

 
$
24.07

 
 
 
 
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

Exercised
(142,604
)
 
11.80

 
 
 
 
Forfeited/Expired
(452,210
)
 
35.10

 
 
 
 
Outstanding as of August 31, 2015
842,217

 
$
13.04

 
2.7
 
$
2,243,765

Exercised
(418,378
)
 
12.10

 

 
 
Forfeited/Expired
(64,845
)
 
11.60

 

 
 
Outstanding as of August 31, 2016
358,994

 
$
14.39

 
1.7
 
$
405,864

Exercisable at August 31, 2016
358,994

 
$
14.39

 
1.7
 
$
405,864

Remaining unvested stock appreciation rights and stock options expected to vest

 
$

 
 
 
 
Stock appreciation rights and stock options
Information related to stock appreciation rights and stock options as of August 31, 2016 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
$11.60
-
14.12
 
241,771

 
1.9
 
$
13.21

 
241,771

 
1.9
 
$
13.21

$16.54
-
16.83
 
117,223

 
1.5
 
$
16.82

 
117,223

 
1.5
 
$
16.82

 
 

 
358,994

 
1.7
 
$
14.39

 
358,994

 
1.7
 
$
14.39

Yearly activity of the stock purchase plan
Yearly activity of the stock purchase plan is as follows:
 
 
2016
 
2015
 
2014
Shares subscribed
 
212,370

 
198,710

 
228,780

Price per share
 
$
12.03

 
$
13.73

 
$
16.97

Shares purchased
 
156,860

 
172,170

 
221,570

Price per share
 
$
13.71

 
$
16.96

 
$
12.61

Shares available for future issuance
 
3,646,714