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Stockholders' Equity (Tables)
3 Months Ended
Nov. 30, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of Recognized Stock-based Compensation Expense
The Company recognized stock-based compensation expense within selling, general and administrative expense as follows (in thousands):
  Three months ended
  November 30, 2020 November 30, 2019
Restricted stock units
$ 31,273  $ 28,183 
Employee stock purchase plan 2,268  2,040 
Total $ 33,541  $ 30,223 
Schedule of Share-based Compensation Information
The following represents the stock-based compensation information as of the period indicated (in thousands):
  November 30, 2020
Unrecognized stock-based compensation expense—restricted stock units $ 70,544 
Remaining weighted-average period for restricted stock units expense 1.5 years
Schedule of Common Stock Outstanding
The following represents the common stock outstanding for the periods indicated:
Three months ended
November 30, 2020 November 30, 2019
Common stock outstanding:
Beginning balances
150,330,358  153,520,380 
Shares issued upon exercise of stock options
—  13,930 
Vesting of restricted stock
2,217,082  1,916,740 
Purchases of treasury stock under employee stock plans
(601,406) (530,417)
Treasury shares purchased(1)
(1,474,464) (2,620,277)
Ending balances
150,471,570  152,300,356 
(1)In September 2019, the Company’s Board of Directors authorized the repurchase of up to $600.0 million of the Company’s common stock as part of a two-year capital allocation framework (the “2020 Share Repurchase Program”). As of November 30, 2020, 7.5 million shares had been repurchased for $263.9 million and $336.1 million remains available under the 2020 Share Repurchase Program.