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Subsequent Events
9 Months Ended
May 31, 2013
Subsequent Events [Abstract]  
Subsequent Events

Note 15. Subsequent Events

 

On June 18, 2013, the Company’s Board of Directors declared a cash dividend of $0.31 per share payable on July 31, 2013 to shareholders of record on July 16, 2013

 

On June 18, 2013, the Company’s Board of Directors also approved a new share buy-back plan. Under the plan, which is in effect from August 1, 2013 through August 31, 2015, the Company is authorized to acquire up to $60.0 million of its outstanding shares on such terms and conditions as may be acceptable to the Company’s Chief Executive Officer and Chief Financial Officer and in compliance with all laws and regulations applicable thereto.