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Shared Based Compensation (Tables)
12 Months Ended
Aug. 31, 2014
Share Based Compensation [Abstract]  
Schedule Of Share-Based Compensation Expense

 

 

 

 

 

 

 

 

 

 

 

 

 

For the years ended August 31,

$ in thousands

 

2014

 

2013

 

2012

Share-based compensation expense included in cost of

 

 

 

 

 

 

 

 

 

   operating revenues

 

$

205 

 

$

214 

 

$

225 

 

 

 

 

 

 

 

 

 

 

Research and development

 

 

135 

 

 

233 

 

 

189 

Sales and marketing

 

 

570 

 

 

547 

 

 

524 

General and administrative

 

 

3,297 

 

 

3,579 

 

 

3,001 

Share-based compensation expense included in

 

 

 

 

 

 

 

 

 

   operating expenses

 

 

4,002 

 

 

4,359 

 

 

3,714 

Total share-based compensation expense

 

 

4,207 

 

 

4,573 

 

 

3,939 

Tax benefit

 

 

(1,594)

 

 

(1,733)

 

 

(1,493)

Share-based compensation expense, net of tax

 

$

2,613 

 

$

2,840 

 

$

2,446 

 

Schedule Of Assumptions Used

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Grant Year

Weighted-Average Assumptions

 

 

 

 

 

Fiscal 2014

 

Fiscal 2013

Risk-free interest rate

 

 

 

 

 

 

1.9% 

 

 

1.2% 

Dividend yield

 

 

 

 

 

 

0.7% 

 

 

0.6% 

Expected life (years)

 

 

 

 

 

 

 

 

Volatility

 

 

 

 

 

 

55.2% 

 

 

56.3% 

Weighted-average grant-date fair value of options granted

$

40.40 

 

$

40.09 

 

 

 

 

 

 

 

 

 

 

 

 

Summary Of Stock Option Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of stock options

 

Average Exercise Price

 

Average Remaining Contractual Term (years)

 

Aggregate Intrinsic Value ('000s)

Stock options outstanding at August 31, 2012

 

146,298 

 

$

30.97 

 

3.9 

 

$

5,031 

    Granted

 

24,684 

 

$

75.68 

 

 

 

 

 

    Exercised

 

(89,390)

 

$

22.77 

 

 

 

$

4,960 

    Forfeitures

 

(2,454)

 

$

67.03 

 

 

 

 

 

Stock options outstanding at August 31, 2013

 

79,138 

 

$

53.06 

 

6.4 

 

$

1,817 

    Granted

 

25,394 

 

$

76.39 

 

 

 

 

 

    Exercised

 

(15,590)

 

$

29.21 

 

 

 

$

853 

    Forfeitures

 

(2,319)

 

$

67.55 

 

 

 

 

 

Stock options outstanding at August 31, 2014

 

86,623 

 

$

63.80 

 

7.3 

 

$

1,211 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable at August 31, 2012

 

112,987 

 

$

22.97 

 

2.4 

 

$

4,789 

Exercisable at August 31, 2013

 

31,927 

 

$

32.70 

 

3.0 

 

$

1,383 

Exercisable at August 31, 2014

 

30,130 

 

$

49.55 

 

5.3 

 

$

851 

 

Summary Of Share Based Compensation Additional Information

 

 

 

 

 

 

 

 

 

 

 

 

 

For the years ended August 31,

$ in thousands

 

2014

 

2013

 

2012

Intrinsic value of stock options exercised

 

$

853 

 

$

4,960 

 

$

971 

Cash received from stock option exercises

 

$

455 

 

$

2,036 

 

$

567 

Tax benefit realized from stock option exercises

 

$

317 

 

$

1,817 

 

$

368 

Aggregate grant-date fair value of stock options vested

 

$

34.89 

 

$

31.04 

 

$

N/A

 

 

 

 

 

 

 

 

 

 

 

Summary Of Restricted Stock Units

 

 

 

 

 

 

 

 

 

Number of
restricted
stock units

 

Weighted-Average Grant-Date Fair Value

Restricted stock units outstanding at August 31, 2012

 

 

67,535 

 

$

54.35 

    Granted

 

 

30,551 

 

 

77.46 

    Vested

 

 

(37,534)

 

 

51.82 

    Forfeited

 

 

(3,121)

 

 

65.52 

Restricted stock units outstanding at August 31, 2013

 

 

57,431 

 

$

68.06 

    Granted

 

 

35,450 

 

 

76.46 

    Vested

 

 

(31,204)

 

 

67.49 

    Forfeited

 

 

(2,524)

 

 

70.07 

Restricted stock units outstanding at August 31, 2014

 

 

59,153 

 

$

73.40 

 

 

 

 

 

 

 

 

Schedule Of Performance Stock Status

 

 

 

 

 

 

 

 

 

Number of performance
stock units

 

Weighted-Average Grant-Date Fair Value

Performance stock units outstanding at August 31, 2012

 

 

79,024 

 

$

45.32 

    Granted

 

 

13,072 

 

 

74.31 

    Vested

 

 

(36,634)

 

 

32.81 

    Forfeited

 

 

(2,663)

 

 

60.65 

Performance stock units outstanding at August 31, 2013

 

 

52,799 

 

$

60.41 

    Granted

 

 

13,434 

 

 

74.84 

    Vested

 

 

(23,454)

 

 

55.45 

    Forfeited

 

 

(2,027)

 

 

64.57 

Performance stock units outstanding at August 31, 2014

 

 

40,752 

 

$

67.81