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Stock-based Compensation (Tables)

12 Months Ended

Aug. 31, 2022

Stock-based Compensation [Abstract]

Schedule Of Stock-based Compensation Expense

	Fiscal Year Ended August 31,
	2022			2021			2020
RSU compensation expense	$	4,153		$	3,656		$	3,325
MSU compensation expense		2,544			2,294			2,033
PSU compensation expense (1)		-			3,605			-
Total	$	6,697		$	9,555		$	5,358

(1)PSU awards, similar to DPU awards that were replaced by PSUs in fiscal year 2021, contain performance conditions for which accrual of expense is based on the probable outcome of the performance conditions. Vesting of DPUs related to the measurement year of 2020 was deemed not probable at the end of the fiscal year. DPUs were then discontinued by the Company beginning in fiscal year 2021. PSUs pertaining to the measurement year of fiscal year 2021 vested at 100% since the performance conditions were fully achieved. PSUs pertaining to the measurement year of fiscal year 2022 was deemed not probable at the end of the fiscal year.

Schedule Of Restricted Stock Units Activity

				Weighted-Average
				Grant Date
	Number of			Fair Value			Aggregate
Restricted Stock Units	Shares			Per Share			Intrinsic Value
Outstanding at August 31, 2021		69,001		$	$131.88
Granted		23,461		$	$217.03
Converted to common shares		(13,751)		$	$182.72
Forfeited		(107)		$	$224.41
Outstanding at August 31, 2022		78,604		$	$148.28		$	14,869
Vested at August 31, 2022		49,620		$	$116.22		$	9,386

Schedule Of Valuation Assumptions

	Fiscal Year Ended August 31,
	2022			2021			2020
Expected volatility		32.7%			28.5%			21.4%
Risk-free interest rate		0.6%			0.2%			1.4%
Expected dividend yield		0.0%			0.0%			0.0%

Schedule Of Market Share Units Activity

				Weighted-Average
				Grant Date
	Number of			Fair Value			Aggregate
Market Share Units	Shares			Per Share			Intrinsic Value
Outstanding at August 31, 2021		36,594		$	194.83
Granted		13,195		$	232.99
Performance factor adjustments		8,890		$	186.38
Converted to common shares		(20,050)		$	182.13
Forfeited		(1,428)		$	208.74
Outstanding at August 31, 2022 (1)		37,201		$	212.66		$	7,037

(1)This figure represents the total number of shares underlying MSU grants assuming achievement of the target number of shares at 100%. As the ultimate number of shares that vest could be as high as 200% of the target, the Company may be required to issue additional shares to satisfy outstanding MSU award grants.

Schedule Of Performance Share Units

				Weighted-Average
				Grant Date
	Number of			Fair Value			Aggregate
Performance Share Units	Shares			Per Share			Intrinsic Value
Outstanding at August 31, 2021		18,252		$	$197.51
Granted		18,684		$	227.24
Performance factor adjustments		-		$	-
Converted to common shares		(18,252)		$	197.51
Forfeited		(858)		$	227.24
Outstanding at August 31, 2022 (1)		17,826		$	227.24		$	3,371,966

(1)PSUs pertaining to the measurement year of fiscal year 2022 were forfeited in October 2022 since performance conditions were not achieved. Performance is certified annually in October by the Company’s compensation committee subsequent to the Company’s fiscal year end and are forfeited, or vest, depending on performance achievement.

 

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