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SHAREHOLDERS’ EQUITY (Tables) | 6 Months Ended
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Feb. 28, 2022
Equity [Abstract] |
Schedule of common stock outstanding |
Schedule of common stock outstanding |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Three Months Ended February 28, |  |  | Six Months Ended February 28, |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Common stock outstanding, beginning of the period |  |  | 20,168,796 |  |  |  | 19,958,760 |  |  |  | 20,141,521 |  |  |  | 19,923,277 |
Common stock issued during the period |  |  | 12,988 |  |  |  | 100,768 |  |  |  | 40,263 |  |  |  | 136,251 |
Common stock outstanding, end of the period |  |  | 20,181,784 |  |  |  | 20,059,528 |  |  |  | 20,181,784 |  |  |  | 20,059,528 |
Schedule of dividends declared and paid |
Schedule of dividends declared and paid |  |  |  |  |  |  |  |  |  |  |  |  |  |
(in thousands, except dividend per share) |  | Fiscal Year 2022 |  |  |  |  |  |  |
Record Date |  | Distribution Date |  | Number of Shares Outstanding on Record Date |  |  | Dividend per Share |  |  | Total Amount |
10/25/2021 |  | 11/01/2021 |  |  | 20,148 |  |  | $ | 0.06 |  |  |  | 1,209 |
1/31/2022 |  | 2/07/2022 |  |  | 20,178 |  |  | $ | 0.06 |  |  |  | 1,211 |
Total |  |  |  |  |  |  |  |  |  |  |  | $ | 2,420 |
(in thousands, except dividend per share) |  | Fiscal Year 2021 |  |  |  |  |  |  |
Record Date |  | Distribution Date |  | Number of Shares Outstanding on Record Date |  |  | Dividend per Share |  |  | Total Amount |
10/26/2020 |  | 11/02/2020 |  |  | 19,924 |  |  | $ | 0.06 |  |  | $ | 1,195 |
1/25/2021 |  | 2/01/2021 |  |  | 20,010 |  |  | $ | 0.06 |  |  |  | 1,201 |
4/26/2021 |  | 5/03/2021 |  |  | 20,115 |  |  | $ | 0.06 |  |  |  | 1,207 |
7/26/2021 |  | 8/02/2021 |  |  | 20,139 |  |  | $ | 0.06 |  |  |  | 1,208 |
Total |  |  |  |  |  |  |  |  |  |  |  | $ | 4,811 |
Schedule of stock option activity |
Schedule of stock option activity |  |  |  |  |  |  |  |  |  |  |  |
(in thousands, except per share and weighted-average amounts) Transactions during the six months ended February 28, 2022 |  | Number of Options |  |  | Weighted- Average Exercise Price Per Share |  |  | Weighted- Average Remaining Contractual Life (Years) |
Outstanding, August 31, 2021 |  |  | 1,184 |  |  | $ | 25.63 |  |  |  | 6.47 |
Granted |  |  | 189 |  |  | $ | 39.22 |  |  |  |  |
Exercised |  |  | (44 | ) |  | $ | 17.48 |  |  |  |  |
Cancelled/Forfeited |  |  | (41 | ) |  | $ | 39.72 |  |  |  |  |
Outstanding, February 28, 2022 |  |  | 1,288 |  |  | $ | 27.45 |  |  |  | 6.47 |
Exercisable, February 28, 2022 |  |  | 751 |  |  | $ | 16.81 |  |  |  | 4.93 |
Schedule of fair value of options |
Schedule of fair value of options |  |  |  |  |  |  |  |
(in thousands except pricing) |  | Six Months Ended February 28, 2022 |  |  | Fiscal Year 2021 |
Estimated fair value of awards granted |  | $ | 3,042 |  |  | $ | 5,092 |
Unvested forfeiture rate |  |  | 0% |  |  |  | 0% |
Weighted average grant price |  | $ | 39.22 |  |  | $ | 57.60 |
Weighted average market price |  | $ | 39.22 |  |  | $ | 57.60 |
Weighted average volatility |  |  | 41.91% |  |  |  | 40.49% |
Weighted average risk-free rate |  |  | 1.44% |  |  |  | 0.64% |
Weighted average dividend yield |  |  | 0.61% |  |  |  | 0.42% |
Weighted average expected life |  |  | 6.60 years |  |  |  | 6.63 years |
Schedule of options by exercise price range |
Schedule of options by exercise price range |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(in thousands except prices) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Exercise Price |  |  | Awards Outstanding |  |  | Awards Exercisable |
Low |  |  | High |  |  | Quantity |  |  | Weighted Average Remaining Contractual Life |  |  | Weighted Average Exercise Price |  |  | Quantity |  |  | Weighted Average Remaining Contractual Life |  |  | Weighted Average Exercise Price |
$ | 6.85 |  |  | $ | 9.77 |  |  |  | 304 |  |  |  | 3.29 years |  |  | $ | 8.37 |  |  |  | 304 |  |  |  | 3.29 years |  |  | $ | 8.37 |
$ | 9.78 |  |  | $ | 18.76 |  |  |  | 224 |  |  |  | 4.85 years |  |  | $ | 10.35 |  |  |  | 223 |  |  |  | 4.84 years |  |  | $ | 10.33 |
$ | 18.77 |  |  | $ | 33.40 |  |  |  | 268 |  |  |  | 6.91 years |  |  | $ | 25.12 |  |  |  | 135 |  |  |  | 6.54 years |  |  | $ | 24.16 |
$ | 33.41 |  |  | $ | 47.63 |  |  |  | 246 |  |  |  | 9.13 years |  |  | $ | 38.35 |  |  |  | 31 |  |  |  | 7.53 years |  |  | $ | 35.56 |
$ | 47.64 |  |  | $ | 66.14 |  |  |  | 246 |  |  |  | 8.73 years |  |  | $ | 58.23 |  |  |  | 58 |  |  |  | 8.64 years |  |  | $ | 58.88 |
|  |  |  |  |  |  |  |  | 1,288 |  |  |  | 6.47 years |  |  | $ | 27.45 |  |  |  | 751 |  |  |  | 4.93 years |  |  | $ | 16.81 |

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