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Shared-Based Compensation (Tables)
12 Months Ended
Aug. 31, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule Of Share-Based Compensation Expense

 

 

For the years ended August 31,

 

($ in thousands)

 

2018

 

 

2017

 

 

2016

 

Share-based compensation expense included in cost of

   operating revenues

 

$

113

 

 

$

231

 

 

$

207

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Research and development

 

 

150

 

 

 

162

 

 

 

140

 

Sales and marketing

 

 

461

 

 

 

397

 

 

 

455

 

General and administrative

 

 

3,169

 

 

 

2,807

 

 

 

2,258

 

Share-based compensation expense included in

   operating expenses

 

 

3,780

 

 

 

3,366

 

 

 

2,853

 

Total share-based compensation expense

 

 

3,893

 

 

 

3,597

 

 

 

3,060

 

Tax benefit

 

 

(1,090

)

 

 

(1,338

)

 

 

(1,138

)

Share-based compensation expense, net of tax

 

$

2,803

 

 

$

2,259

 

 

$

1,922

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule Of Assumptions Used

 

 

 

Grant year

 

 

 

Fiscal 2018

 

 

Fiscal 2017

 

Risk-free interest rate

 

 

2.2

%

 

 

1.5

%

Dividend yield

 

 

1.3

%

 

 

1.5

%

Expected life (years)

 

 

7

 

 

 

7

 

Volatility

 

 

33.9

%

 

 

36.5

%

Weighted average grant-date fair value of options granted

 

$

30.72

 

 

$

26.25

 

 

Summary Of Stock Option Activity

 

 

 

Number of

stock options

 

 

Average

exercise price

 

 

Average

remaining

contractual

term (years)

 

 

Aggregate

intrinsic value

(thousands)

 

Stock options outstanding at August 31, 2016

 

 

127,286

 

 

$

71.24

 

 

 

7.4

 

 

$

521

 

Granted

 

 

47,223

 

 

$

78.23

 

 

 

 

 

 

 

 

 

Exercised

 

 

(43,556

)

 

$

69.33

 

 

 

 

 

 

$

681

 

Forfeited / cancelled

 

 

(8,434

)

 

$

73.90

 

 

 

 

 

 

 

 

 

Stock options outstanding at August 31, 2017

 

 

122,519

 

 

$

74.43

 

 

 

7.5

 

 

$

1,487

 

Granted

 

 

46,306

 

 

$

91.52

 

 

 

 

 

 

 

 

 

Exercised

 

 

(37,651

)

 

$

74.02

 

 

 

 

 

 

$

538

 

Forfeited / cancelled

 

 

(54,371

)

 

$

78.49

 

 

 

 

 

 

 

 

 

Stock options outstanding at August 31, 2018

 

 

76,803

 

 

$

82.06

 

 

 

7.7

 

 

$

1,053

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable at August 31, 2016

 

 

57,250

 

 

$

68.57

 

 

 

6.1

 

 

$

362

 

Exercisable at August 31, 2017

 

 

36,348

 

 

$

71.37

 

 

 

5.8

 

 

$

553

 

Exercisable at August 31, 2018

 

 

25,469

 

 

$

72.70

 

 

 

5.5

 

 

$

587

 

 

Summary Of Share Based Compensation Additional Information

 

 

 

For the years ended August 31,

 

($ in thousands)

 

2018

 

 

2017

 

 

2016

 

Intrinsic value of stock options exercised

 

$

538

 

 

$

681

 

 

$

181

 

Cash received from stock option exercises

 

$

2,788

 

 

$

3,020

 

 

$

113

 

Tax benefit realized from stock option exercises

 

$

151

 

 

$

254

 

 

$

67

 

Aggregate grant-date fair value of stock options vested

 

$

31.37

 

 

$

35.79

 

 

$

37.70

 

 

Summary Of Restricted Stock Units

 

 

 

Number of

restricted

stock units

 

 

Weighted

average grant-

date fair value

 

Restricted stock units outstanding at August 31, 2016

 

 

67,054

 

 

$

69.11

 

Granted

 

 

44,647

 

 

 

74.75

 

Vested

 

 

(34,312

)

 

 

69.89

 

Forfeited / Cancelled

 

 

(8,366

)

 

 

70.51

 

Restricted stock units outstanding at August 31, 2017

 

 

69,023

 

 

$

72.25

 

Granted

 

 

79,550

 

 

 

87.80

 

Vested

 

 

(34,857

)

 

 

72.82

 

Forfeited / Cancelled

 

 

(23,107

)

 

 

76.99

 

Restricted stock units outstanding at August 31, 2018

 

 

90,609

 

 

$

84.38

 

 

Schedule Of Performance Stock Status

 

 

 

Number of

performance

stock units

 

 

Weighted

average grant-

date fair value

 

Performance stock units outstanding at August 31, 2016

 

 

38,148

 

 

$

72.20

 

Granted

 

 

15,902

 

 

 

74.80

 

Forfeited / cancelled

 

 

(15,361

)

 

 

74.10

 

Performance stock units outstanding at August 31, 2017

 

 

38,689

 

 

$

72.52

 

Granted

 

 

15,524

 

 

 

88.02

 

Forfeited / cancelled

 

 

(34,261

)

 

 

74.61

 

Performance stock units outstanding at August 31, 2018

 

 

19,952

 

 

 

80.99