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Note 8 - Stockholders' Equity | 12 Months Ended
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Aug. 31, 2019
Notes to Financial Statements |
Stockholders' Equity Note Disclosure [Text Block] | 8. STOCKHOLDERS’ EQUITY On June 3, 2019, the Company’s Board of Directors declared a two -for- one stock split of the Company’s common stock effected in the form of a 100% share dividend distributed on June 28, 2019 to record holders as of June 17, 2019. All share and per share values have been adjusted to retroactively reflect the effect of the two -for- one stock split. During fiscal 2019, the Company’s Board of Directors declared cash dividends on the following dates in the following amounts to the following holders of the Company’s common stock. All per share data have been adjusted for all periods presented to reflect the two -for- one stock split effective June 28, 2019.
Declaration Date |  | Amount |  | Record Date |  | Payable Date
October 24, 2018 |  | $0.06 |  | November 7, 2018 |  | November 21, 2018
January 23, 2019 |  | $0.06 |  | February 6, 2019 |  | February 22, 2019
April 25, 2019 |  | $0.06 |  | May 9, 2019 |  | May 23, 2019
July 24, 2019 |  | $0.06 |  | August 7, 2019 |  | August 21, 2019
During fiscal 2018, the Company’s Board of Directors declared cash dividends on the following dates in the following amounts to the following holders of the Company’s common stock:
Declaration Date |  | Amount |  | Record Date |  | Payable Date
November 20, 2017 |  | $0.05 |  | December 8, 2017 |  | December 21, 2017
January 24, 2018 |  | $0.05 |  | February 7, 2018 |  | February 21, 2018
April 25, 2018 |  | $0.05 |  | May 9, 2018 |  | May 23, 2018
July 25, 2018 |  | $0.05 |  | August 8, 2018 |  | August 22, 2018
On January 15, 2015, the Company’s Board of Directors authorized the repurchase of up to $3,000,000 in shares of common stock through open market purchases or unsolicited or solicited privately negotiated transactions. This program has no expiration date but may be terminated by the Company’s Board of Directors at any time. As of August 31, 2019, up to $2,640,548 in shares of common stock remained available for repurchase under the stock repurchase program. During fiscal 2019, the Company did not repurchase or retire any shares of its common stock. During fiscal 2019, no stock options to purchase shares of common stock were exercised. During fiscal 2018, the Company did not repurchase or retire any shares of its common stock. During fiscal 2018, stock options to purchase an aggregate of 12,814 shares of common stock were exercised at a weighted average exercise price of $5.80 per share. Some of the shares were cashless exercises, resulting in the issuance of 8,820 net shares.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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