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Share-Based Compensation Plans (Tables)
12 Months Ended
Aug. 31, 2013
Share-Based Compensation Plans [Abstract]  
Total Cost Of Share-Based Compensation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

YEAR ENDED

 

 

 

 

 

 

AUGUST 31,

 

2013 

 

2012 

 

2011 

Performance awards

$

2,504 

$

3,188 

$

827 

Management stock loans

 

498 

 

 -

 

 -

Unvested share awards

 

383 

 

340 

 

411 

Stock options

 

 -

 

168 

 

820 

Fully vested share awards

 

112 

 

62 

 

669 

Compensation cost of the ESPP

 

92 

 

77 

 

61 

 

$

3,589 

$

3,835 

$

2,788 

 

Assumptions Used In Estimating The Fair Value Of The Market-Based Performance Award

 

 

 

 

 

 

Model Input

 

Fiscal 2013 

Grant

Fiscal 2012 

Grant

Fiscal 2011 

Grant

Number of shares

 

120,101 
177,616 
294,158 

Vesting price per share

 

$
22.00 
$
18.05 
$
17.00 

Grant date price per share

 

$
16.03 
$
9.55 
$
11.34 

Volatility

 

54.2% 
54.6% 
49.8% 

Dividend yield

 

0.0% 
0.0% 
0.0% 

Risk-free rate

 

1.37% 
0.62% 
1.48% 

Grant date

 

July 18, 2013

July 19, 2012

July 15, 2011

Fair value of award (thousands)

 

$
1,651 
$
1,188 
$
2,647 

Derived service period (years)

 

0.6 
1.4 
0.9 

Unrecognized compensation expense at 8/31/2013 (thousands)

 

$
1,179 
$
148 

 

$-  

 

Unvested Stock Awards

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-

 

 

 

 

Average Grant-

 

 

 

 

Date Fair

 

 

Number of

 

Value Per

 

 

Shares

 

Share

Unvested stock awards at

 

 

 

 

August 31, 2012

 

37,975 

$

9.39 

Granted

 

30,672 

 

13.04 

Forfeited

 

 -

 

 -

Vested

 

(37,975)

 

9.39 

Unvested stock awards at

 

 

 

 

August 31, 2013

 

30,672 

$

13.04 

 

Stock Option Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

Weighted

 

Average

 

 

 

 

 

 

Avg. Exercise

 

Remaining

 

Aggregate

 

 

Number of

 

Price Per

 

Contractual

 

Intrinsic Value

 

 

Stock Options

 

Share

 

Life (Years)

 

(thousands)

Outstanding at August 31, 2012

 

675,000 

$

11.25 

 

 

 

 

Granted

 

 -

 

 -

 

 

 

 

Exercised

 

 -

 

 -

 

 

 

 

Forfeited

 

 -

 

 -

 

 

 

 

Outstanding at August 31, 2013

 

675,000 

$

11.25 

 

6.8 

$

3,011 

 

 

 

 

 

 

 

 

 

Options vested and exercisable at

 

 

 

 

 

 

 

 

August 31, 2013

 

675,000 

$

11.25 

 

6.8 

$

3,011 

 

Assumptions Used To Estimate The Stated Fair Value Of The Stock Options Awarded

 

 

 

 

 

 

Model Input

 

Fiscal 2011 Stock Options

 

Fiscal 2010 Stock Options

Grant date share price per share

 

$
8.43 

 

$
5.28 

Volatility

 

59.02% 

 

51.47% 

Dividend yield

 

0.0% 

 

0.0% 

Risk-free rate

 

0.7% 

 

1.57% 

 

 

 

 

 

Fair value of options awarded

 

$
756 

 

$
493 

Derived service period (years)

 

0.9 

 

1.8 

 

Stock Options Outstanding And Exercisable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

Number

 

Average

 

 

 

Options

 

 

 

Outstanding

 

Remaining

 

Weighted

 

Exercisable at

Weighted

 

 

at August 31,

 

Contractual

 

Average

 

August 31,

Average

Exercise Prices

 

2013

 

Life (Years)

 

Exercise Price

 

2013

Exercise Price

$9.00

 

168,750 

 

6.8

 

$9.00

 

168,750 

$9.00

$10.00

 

168,750 

 

6.8

 

$10.00

 

168,750 

$10.00

$12.00

 

168,750 

 

6.8

 

$12.00

 

168,750 

$12.00

$14.00

 

168,750 

 

6.8

 

$14.00

 

168,750 

$14.00

 

 

675,000 

 

 

 

 

 

675,000