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Stock Based Compensation
3 Months Ended
Nov. 30, 2014
Stock Based Compensation

Note 9 – Stock Based Compensation

The value of restricted stock and restricted stock unit awards is amortized as compensation expense from the date of grant through the earlier of the vesting period or the recipient’s eligible retirement date. Awards are expensed upon grant when the recipient’s eligible retirement date precedes the grant date.

Compensation expense for restricted stock unit grants was $3.4 million for the three months ended November 30, 2014. Compensation expense for restricted stock and restricted stock unit grants was $1.4 million for the three months ended November 30, 2013. Compensation expense related to restricted stock and restricted stock unit grants is recorded in Selling and administrative expense and Cost of revenue on the Consolidated Statements of Income.