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Share Repurchases
3 Months Ended
Nov. 30, 2014
Share Repurchases [Abstract]  
Share Repurchases

 

 

Note 14Share Repurchases

On January 3, 2014, the Company announced that its Board of Directors authorized the Company to repurchase up to $150.0 million of common stock through January 2, 2016.  On July 25, 2014, the Company adopted a written trading plan in connection with its share repurchase program for repurchasing its common stock in accordance with the guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.    During the three months ended November 30, 2014, the Company repurchased 381,619 shares of common stock for an aggregate purchase price of $30.0 million. During the three months ended  November 30, 2013, the Company did not repurchase shares of common stock.  The remaining amount available under the repurchase program was $79.0 million as of November 30, 2014.