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Subsequent Events
9 Months Ended
May 31, 2016
Subsequent Events [Abstract]  
Subsequent Events

Note 14. Subsequent Events



On June 21, 2016, the Company’s Board of Directors declared a cash dividend of $0.42 per share payable on July 29, 2016 to shareholders of record on July 15, 2016. 



On June 21, 2016, the Company’s Board of Directors also approved a new share buy-back plan. Under the plan, which will be effective from September 1, 2016 through August 31, 2018, the Company is authorized to acquire up to $75.0 million of its outstanding shares on 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.