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Note 9 - Stockholders' Equity
 12 Months Ended
Aug. 31, 2014
Stockholders' Equity Note [Abstract]  
Stockholders' Equity Note Disclosure [Text Block]
9.           STOCKHOLDERS’ EQUITY

During fiscal 2014, the Company did not purchase or retire any shares of its common stock.  The following stock options to purchase shares of common stock were exercised during fiscal 2014:

Options
Exercised
 
Exercise
Price
   
  60,000     $ 7.65    
  14,000       8.57    

The total intrinsic value of the options exercised during fiscal 2014 was $890,955.

During fiscal 2013, the Company did not purchase or retire any shares of its common stock.  The following stock options to purchase shares of common stock were exercised during fiscal 2013:

Options
Exercised
 
Exercise
Price
   
  25,140     $ 9.95    
  4,000       12.84    
  4,000       8.57    
  1,734       7.65    
  1,500       9.76    
  666       7.75    

The total intrinsic value of the options exercised during fiscal 2013 was $45,533.