Share-based Compensation (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Aug. 31, 2024 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Share-Based Payment Arrangement, Noncash Expense [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of RSU Activity | A summary of the Company’s RSU activity for the year ended August 31, 2024 is as follows:
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Key Assumptions for a Monte-Carlo Simulation Model Utilized to Estimate the Fair Value of Performance Share awards | The Company estimates the fair value of performance share awards with a TSR market condition using a Monte-Carlo simulation model utilizing several key assumptions, including the following for such awards granted during the years ended August 31:
The fair value of the recycled metal volume growth awards granted in fiscal 2024, which awards do not have a TSR market condition, is based on the market closing price of the underlying Class A common stock on the grant date. |
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Summary of Performance-based Awards Activity | A summary of the Company’s performance-based awards activity for the year ended August 31, 2024 is as follows:
(1)
Reflects the net number of awards achieved above target levels based on actual performance measured at the end of the performance period. |