v3.25.2
STOCK OWNERSHIP PLANS (Tables)
9 Months Ended
May 31, 2025
Equity [Abstract]  
Share-based Payment Arrangement, Option, Activity
The following table summarizes information about stock options:
(in thousands, except per share and weighted-average amounts)
Activity for the nine months ended May 31, 2025Number of
Options
Weighted-Average
Exercise Price
Per Share
Weighted-Average
Remaining
Contractual Life
Outstanding, August 31, 20241,906 $37.64 6.91 years
Granted374 32.72 
Exercised(73)13.56 
Canceled/Forfeited(222)41.36 
Outstanding, May 31, 20251,985 $37.18 6.73 years
Vested and Exercisable, May 31, 20251,004 $35.34 5.11 years
Vested and Expected to Vest, May 31, 20251,904 $37.22 6.63 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value
The following table summarizes the fair value of the options, including both ISOs and NQSOs, granted during the nine months ended May 31, 2025, and for the fiscal year ended August 31, 2024:
(in thousands, except weighted-average amounts)Nine Months Ended May 31, 2025Fiscal Year 2024
Estimated fair value of awards granted$6,426 $11,902 
Unvested forfeiture rate6.26 %5.53 %
Weighted-average grant price$32.72 $40.76 
Weighted-average market price$32.72 $40.76 
Weighted-average volatility46.82 %44.63 %
Weighted-average risk-free rate3.96 %4.77 %
Weighted-average dividend yield0.00 %0.59 %
Weighted-average expected life6.61 years6.59 years
Share-based Payment Arrangement, Option, Exercise Price Range
The exercise prices for the options outstanding at May 31, 2025, ranged from $6.85 to $66.14 per share, and the information relating to these options is as follows:
(in thousands except prices and weighted-average amounts)
Exercise Price Per ShareAwards OutstandingAwards Exercisable
LowHighQuantityWeighted -Average
Remaining
Contractual
Life
Weighted-Average
Exercise
Price
QuantityWeighted-Average
Remaining
Contractual
Life
Weighted-Average
Exercise
Price
$6.85 $9.77 92 0.74 years$9.71 92 0.74 years$9.71 
$9.78 $18.76 128 1.74 years$10.08 128 1.74 years$10.08 
$18.77 $33.40 481 7.74 years$30.66 146 3.92 years$26.09 
$33.41 $47.63 1,025 7.61 years$41.36 439 7.15 years$41.32 
$47.64 $66.14 259 5.96 years$55.94 199 5.68 years$57.07 
  1,985 6.73 years$37.18 1,004 5.11 years$35.34