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STOCK BASED COMPENSATION (Tables)
12 Months Ended
Aug. 31, 2022
STOCK BASED COMPENSATION [Abstract]  
Summary of Shares Authorized and Shares Available for Future Grants

Shares available to grant

Shares authorized for issuance as of August 31, 2022

August 31,

August 31,

(including shares originally authorized for issuance under prior plans)

2022

2021

2013 Plan

1,567,923

549,319

705,924

Summary of Components of Stock-Based Compensation Expense

Years Ended August 31,

2022

2021

2020

Restricted stock awards

$

9,378

$

11,010

$

8,747

Restricted stock units

3,519

3,939

3,011

Performance-based restricted stock units

3,906

3,475

2,059

Stock-based compensation expense

$

16,803

$

18,424

$

13,817

Summary of Other Information Related to Stock-Based Compensation

Balance as of

August 31,

August 31,

August 31,

2022

2021

2020

Remaining unrecognized compensation cost (in thousands)

$

18,478

$

16,349

$

21,720

Weighted average period of time over which this cost will be recognized (years)

2

2

3

Summary of Excess Tax Benefit (Deficiency) on Stock-based Compensation

Years Ended August 31,

2022

2021

2020

Excess tax benefit (deficiency) on stock-based compensation (in thousands)

$

(2,259)

$

(778)

$

(936)

Summary of Restricted Stock Awards and Units Activity

Years Ended

August 31,

August 31,

August 31,

2022

2021

2020

Grants outstanding at beginning of period

375,622

415,869

362,826

Granted

261,204

166,160

266,759

Forfeited

(16,184)

(12,436)

(43,198)

Vested

(258,820)

(193,971)

(170,518)

Grants outstanding at end of period

361,822

375,622

415,869

Summary of Weighted Average Per Share Grant Date Fair Value for Restricted Stock Awards and Units

Years Ended

August 31,

August 31,

August 31,

Weighted Average Grant Date Fair Value

2022

2021

2020

RSAs, RSUs, and PSUs granted

$

76.85

$

79.02

$

64.57

RSAs, RSUs, and PSUs vested

$

72.69

$

70.03

$

72.82

RSAs, RSUs, and PSUs forfeited

$

69.70

$

70.56

$

76.81

Summary of Total Fair Market Value of Restricted Stock Awards and Units Vested

Years Ended

August 31,

August 31,

August 31,

2022

2021

2020

Total fair market value of restricted stock awards and units vested (in thousands)

$

18,422

$

17,478

$

10,914

Summary of Shares Repurchased

Years Ended

August 31,

August 31,

August 31,

2022

2021

2020

Shares repurchased

88,415

62,282

56,503

Cost of repurchase of shares (in thousands)

$

6,259

$

5,542

$

3,651

Summary of Treasury Shares Reissued

Years Ended

August 31,

August 31,

August 31,

2022

2021

2020

Reissued treasury shares

8,314

96,400

234,370