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Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Aug. 31, 2014
Aug. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 5,538,412 $ 4,753,501
Adjustments to reconcile net income to net cash used in operating activities:    
Stock-based compensation 454,015 306,451
Depreciation expense 454,889 435,678
Amortization expense 86,652 71,405
Loss on disposal of assets 472 84,396
Equity in income from joint ventures (5,920,603) (5,237,711)
Deferred income taxes (230,883) 124,935
Increase in allowance on doubtful accounts 20,000  
Receivables:    
Trade, excluding joint ventures (249,965) (894,888)
Trade, joint ventures (91,852) (124,891)
Fees for services provided to joint ventures (166,882) 213,002
Income taxes 150,764 (98,427)
Inventories (825,176) (1,017,188)
Prepaid expenses and other (62,969) 363,337
Accounts payable 365,797 78,623
Income tax payable (4,191) 8,435
Accrued liabilities 473,126 (311,693)
Net cash used in operating activities (8,394) (1,245,035)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Investment in joint venture (110,988)  
Dividends received from joint ventures 7,431,306 3,155,737
Additions to property and equipment (1,602,441) (1,488,059)
Effect of subsidiary consolidation on cash   1,612,768
Purchase of available for sale securities (6,019,766)  
Proceeds from sale of available for sale securities 500,000  
Additions to patents (224,185) (255,259)
Net cash (used in) provided by investing activities (26,074) 3,025,187
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of note payable (933,414) (76,119)
Dividend received by non-controlling interest (1,440,000) (1,752,842)
Investment by non-controlling interest 36,956  
Proceeds from employee stock purchase plan 42,580 56,739
Proceeds from exercise of stock options 479,460 208,354
Net cash used in financing activities (1,814,418) (1,563,867)
EFFECT OF EXCHANGE RATE CHANGES ON CASH: 11,646 (39,574)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (1,837,239) 176,711
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 4,314,258 4,137,547
CASH AND CASH EQUIVALENTS AT END OF YEAR $ 2,477,017 $ 4,314,258