Note 11. Common Stock Repurchase Program

In April 2026, our Board of Directors approved a $50 million stock repurchase program (the “April 2026 Repurchase Program”). The April 2026 Repurchase Program was publicly announced on April 7, 2026 and has no expiration date. Repurchases may be made from time to time through open market purchases, privately negotiated transactions or other transactions, including pursuant to Rule 10b5-1 trading plans, subject to market conditions, applicable legal requirements and other factors.

During the three and nine months ended May 31, 2026, we repurchased approximately 0.1 million shares of our common stock for an aggregate purchase price of $4.0 million, including repurchases effected pursuant to a Rule 10b5-1 trading plan, at an average per share price of $29.29. The repurchased shares were retired upon repurchase.

As of May 31, 2026, approximately $46.0 million remained available for repurchases under the April 2026 Repurchase Program.