XML 55 R21.htm IDEA: XBRL DOCUMENT v2.4.0.8
Share Repurchases
9 Months Ended
May 31, 2014
Share Repurchases [Abstract]  
Share Repurchases

 

Note 14Share Repurchases

On January 3, 2014, the Company announced that its Board of Directors replaced its existing share repurchase authorization with an increased authorization to repurchase up to $150.0 million of common stock with an authorization effective through January 2, 2016.    During the three months ended May 31, 2014, the Company repurchased 129,104 shares of common stock for an aggregate purchase price of $11.2 million. During the nine months ended May 31, 2014, the Company repurchased 207,624 shares of common stock for an aggregate purchase price of $17.8 million. During the three and nine months ended May 31, 2013, the Company did not repurchase shares of common stock.  The remaining amount available under the repurchase program was $132.2 million as of May 31, 2014.