Annual report pursuant to Section 13 and 15(d)

Stock Plans (Tables)

v3.22.2.2
Stock Plans (Tables)
12 Months Ended
Aug. 31, 2022
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 2022 is as follows:
Number of
Shares
Weighted-Average Fair  Value at Grant Date (Per Share)
Outstanding on August 31, 2021 1,017,658  $23.27
Granted 896,217  19.39
Forfeited (263,234) 22.09
Vested (552,615) 22.34
Outstanding on August 31, 2022 1,098,026  $20.73
Summary Stock option Activity
A summary of stock option activity during fiscal 2022 is as follows:
Shares Weighted-Average
Exercise Price
(Per Share)
Weighted-Average
Remaining Contractual
Term
Aggregate
Intrinsic Value
Outstanding on September 1, 2021 989,468  $ 26.69 
Granted —  — 
Exercised —  — 
Forfeited —  — 
Expired (41,661) 22.90 
Outstanding on August 31, 2022 947,807  $ 26.85  2.3 $ — 
Exercisable on August 31, 2022 947,807  $ 26.85  2.3 $ — 
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,
  2022 2021 2020
Intrinsic value of options exercised $ —  $ 587  $ 803 
Cash receipts from exercise of options —  2,208  2,631 
Weighted Average Assumptions As of August 31, 2022, there was $10.6 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 1.9 years. The total fair value of share-based awards that vested during the fiscal years ended August 31, 2022 and 2021 was $11.8 million and $9.7 million, respectively.