Property And Equipment

12 Months Ended

Aug. 31, 2012

3. PROPERTY AND EQUIPMENT

Our property and equipment were comprised of the following (in thousands):



AUGUST 31,		2012		2011
Land and improvements	$	1,312	$	1,312
Buildings		31,556		31,556
Machinery and equipment		2,295		2,184
Computer hardware and software		19,792		18,747
Furniture, fixtures, and leasehold
improvements		11,635		11,408
		66,590		65,207
Less accumulated depreciation		(48,094)		(46,064)
	$	18,496	$	19,143

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details