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Stock and Savings Plans (Tables)
 12 Months Ended
Aug. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of restricted stock units and performance share awards activity
The following provides a summary of activity for our restricted stock units and PSAs (granted PSAs are assumed to convert into shares of our Class A common stock at the target level):
 
Restricted Stock Units
 
Performance Share Awards(1)
 
Number of
Shares
(in thousands)
 
Weighted
Average
Grant Date
Fair Value
 
Number of
Shares
(in thousands)
 
Weighted
Average
Grant Date
Fair Value
Nonvested at August 31, 2011
2,932

 
$
45.78

 
260

 
$
45.74

Granted
1,692

 
36.81

 
145

 
37.50

Vested and released
(905
)
 
46.97

 
—

 
—

Forfeited
(193
)
 
47.12

 
(6
)
 
44.89

Nonvested at August 31, 2012
3,526

 
$
41.10

 
399

 
$
42.76

Granted
2,301

 
20.10

 
47

 
19.80

Vested and released
(1,334
)
 
42.25

 
—

 
—

Forfeited
(527
)
 
39.99

 
(81
)
 
37.45

Nonvested at August 31, 2013
3,966

 
$
28.68

 
365

 
$
40.97

Granted
2,022

 
26.71

 
41

 
26.63

Vested and released
(1,353
)
 
33.38

 
—

 
—

Forfeited
(592
)
 
26.15

 
(93
)
 
38.35

Nonvested at August 31, 2014
4,043

 
$
26.49

 
313

 
$
39.88

(1) The vesting of PSAs is subject to the achievement of the specified performance goals and the number of common shares that will ultimately be issued is calculated by multiplying the number of performance shares by a payout percentage that generally ranges from 0% up to 300%.
Summary of stock options
The following provides a summary of our stock option activity:
 
Options Outstanding
 
Number of
Shares
(in thousands)
 
Weighted
Average
Exercise Price
per Share
 
Weighted
Average
Remaining
Contractual Term
(Years)
 
Aggregate
Intrinsic Value ($)(1)
(in thousands)
Balance at August 31, 2011
9,276

 
$
57.18

 
 
 
 

Granted
176

 
36.89

 
 
 
 

Exercised
(157
)
 
43.57

 
 
 
 

Forfeited, canceled or expired
(736
)
 
58.53

 
 
 
 

Balance at August 31, 2012
8,559

 
$
56.90

 
 
 
 

Granted
945

 
17.95

 
 
 
 

Exercised
—

 
—

 
 
 
 

Forfeited, canceled or expired
(5,381
)
 
57.69

 
 
 
 

Balance at August 31, 2013
4,123

 
$
46.94

 
 
 
 

Granted
713

 
26.70

 
 
 
 

Exercised
(5
)
 
19.62

 
 
 
 

Forfeited, canceled or expired
(1,327
)
 
60.07

 
 
 
 

Balance at August 31, 2014
3,504

 
$
37.89

 
3.06
 
$
9,926

Vested and expected to vest as of August 31, 2014
3,398

 
$
38.29

 
2.99
 
$
9,581

Exercisable as of August 31, 2014
2,186

 
$
45.74

 
1.98
 
$
4,585

Available for future grant as of August 31, 2014
5,361

 
 
 
 
 
 
(1) Aggregate intrinsic value represents the sum of the differences between our closing stock price of $27.77 on August 31, 2014 and the exercise prices of all of our options with an exercise price less than $27.77.
Stock options by exercise price range
The following summarizes information related to outstanding and exercisable options at August 31, 2014:
 
 
Outstanding
 
Exercisable
Range of Exercise Prices
 
Number of
Shares
(in thousands)
 
Weighted Average
Contractual Life
Remaining
(Years)
 
Weighted
Average
Exercise Price
per Share
 
Number of
Shares
(in thousands)
 
Weighted
Average
Exercise Price
per Share
$16.75
 
600

 
2.53
 
$
16.75

 
360

 
$
16.75

$19.62 to $25.79
 
361

 
4.91
 
$
20.54

 
81

 
$
20.11

$26.74
 
682

 
5.95
 
$
26.74

 
—

 
$
—

$33.12 to $42.27
 
778

 
2.27
 
$
40.29

 
699

 
$
40.57

$42.41 to $63.79
 
613

 
1.87
 
$
53.10

 
576

 
$
53.46

$65.26 to $91.20
 
468

 
1.01
 
$
70.08

 
468

 
$
70.08

$169.47
 
2

 
0.66
 
$
169.47

 
2

 
$
169.47

 
 
3,504

 
 
 
 

 
2,186

 
 
Information related to options exercised
The following summarizes information related to stock options exercised during the respective periods:
 
Year Ended August 31,
($ in thousands)
2014
 
2013
 
2012
Intrinsic value realized
$
79

 
$
—

 
$
1,498

Actual tax benefit realized by Apollo for tax deductions
$
30

 
$
—

 
$
573

Cash received by Apollo
$
101

 
$
—

 
$
6,754
Share-based compensation expense
The following details share-based compensation expense for the respective periods:
 
Year Ended August 31,
($ in thousands)
2014
 
2013
 
2012
Instructional and student advisory
$
10,727

 
$
20,060

 
$
27,731

Marketing
3,702

 
5,182

 
6,807

Admissions advisory
813

 
849

 
1,691

General and administrative
23,296

 
21,363

 
41,153

Restructuring and other charges
4,281

 
2,008

 
1,323

Share-based compensation expense
42,819

 
49,462

 
78,705

Tax effect of share-based compensation
(16,754
)
 
(18,986
)
 
(29,874
)
Share-based compensation expense, net of tax
$
26,065

 
$
30,476

 
$
48,831