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Note 13 - Retirement Plan
12 Months Ended
Aug. 31, 2017
Notes to Financial Statements  
Pension and Other Postretirement Benefits Disclosure [Text Block]
13.
RETIREMENT PLAN
 
The Company has a
401
(k) employee savings plan. Employees who meet certain age and service requirements
may
elect to contribute up to
15%
of their salaries. The Company typically contributes the lesser of
50%
of the participant’s contributions or
3.5%
of the employee’s salary. The Company recognized expense for the savings plan of
$202,559
and
$215,785
for fiscal
2017
and fiscal
2016,
respectively.