Annual report pursuant to Section 13 and 15(d)

Stock Plans (Tables)

v3.23.3
Stock Plans (Tables)
12 Months Ended
Aug. 31, 2023
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 2023 is as follows:
Number of
Shares
Weighted-Average Fair  Value at Grant Date (Per Share)
Outstanding on August 31, 2022 1,098,026  $20.73
Granted 571,830  25.42
Forfeited (218,158) 22.18
Vested (412,162) 20.72
Outstanding on August 31, 2023 1,039,536  $22.26
Summary Stock option Activity
A summary of stock option activity during fiscal 2023 is as follows:
Shares Weighted-Average
Exercise Price
(Per Share)
Weighted-Average
Remaining Contractual
Term
Aggregate
Intrinsic Value
Outstanding on September 1, 2022 947,807  $ 26.85 
Granted —  — 
Exercised (43,633) 22.30 
Forfeited —  — 
Expired (274,767) 26.83 
Outstanding on August 31, 2023 629,407  $ 27.18  2.2 $ 950,887 
Exercisable on August 31, 2023 629,407  $ 27.18  2.2 $ 950,887 
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,
  2023 2022 2021
Intrinsic value of options exercised $ 169  $ —  $ 587 
Cash receipts from exercise of options 973  —  2,208 
Weighted Average Assumptions As of August 31, 2023, there was $9.4 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 1.6 years. The total fair value of share-based awards that vested during the fiscal years ended August 31, 2023 and 2022 was $9.8 million and $11.8 million, respectively.