Annual report pursuant to Section 13 and 15(d)

Stock Plans (Tables)

v3.20.2
Stock Plans (Tables)
12 Months Ended
Aug. 31, 2020
Share-based Payment Arrangement [Abstract]  
Summary Of Restricted Stock and Performance Shares Activity
A summary of restricted stock units and performance shares activity during fiscal 2020 is as follows:
Number of
Shares
Weighted-Average Fair  Value at Grant Date (Per Share)
Outstanding on August 31, 2019 1,280,826  $23.87
Granted 460,800  24.10
Forfeited (85,750) 23.29
Vested (669,755) 23.77
Outstanding on August 31, 2020 986,121  $24.10
Summary Stock option Activity
A summary of stock option activity during fiscal 2020 is as follows:
Shares Weighted-Average
Exercise Price
(Per Share)
Weighted-Average
Remaining Contractual
Term
Aggregate
Intrinsic Value
Outstanding on September 1, 2019 1,606,543  $ 25.88 
Granted —  — 
Exercised (145,113) 19.77 
Forfeited —  — 
Expired (6,389) 35.68 
Outstanding on August 31, 2020 1,455,041  $ 26.45  3.5 *
Exercisable on August 31, 2020 1,323,188  $ 26.55  3.3 *
Summary of Weighted Average Grant-Date Fair Value Of options, Total Intrinsic Value of Options Exercised, and Cash Receipts from Options Exercised A summary of the total intrinsic value of options exercised and cash receipts from options exercised is summarized below (in thousands, except per share amounts):
  Year Ended August 31,
  2020 2019 2018
Intrinsic value of options exercised $ 803  $ 429  5,284 
Cash receipts from exercise of options 2,631  1,404  15,140 
Weighted Average Assumptions As of August 31, 2020, there was $13.6 million of total unrecognized compensation cost related to share-based awards, including stock options, restricted stock, restricted stock units and performance shares, which will be recognized over a weighted average period of 1.8 years. The total fair value of share-based awards that vested during the fiscal years ended August 31, 2020 and 2019 was $18.2 million and $11.9 million, respectively.