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Share Repurchase Plan
6 Months Ended
Feb. 28, 2013
Share Repurchase Plan

Note 9. Share Repurchase Plan

On December 13, 2011, the Company’s Board of Directors approved a share buy-back plan. Under the plan, which is in effect through December 12, 2013, the Company is authorized to acquire up to $50.0 million of its outstanding shares on such terms and conditions as may be acceptable to the Company’s Chief Executive Officer or Chief Financial Officer and in compliance with all laws and regulations applicable thereto. During the period from December 14, 2011 through February 28, 2013, the Company repurchased 715,859 shares at a total cost of $33.7 million.