v3.26.3
STOCKHOLDERS’ EQUITY
12 Months Ended
Aug. 31, 2026
Equity [Abstract]  
STOCKHOLDERS’ EQUITY STOCKHOLDERS' EQUITY
The following table presents the shares of common stock repurchased under our share repurchase program and acquired from holders of our stock-based awards upon vesting to satisfy tax withholding requirements:
Share Repurchases
(in thousands, except share data)Years Ended August 31,
202620252024
SharesAmountSharesAmountSharesAmount
Repurchases of common stock under the share repurchase program(1)
2,608,284 $643,961 684,960 $300,457 537,800 $235,235 
Repurchases of common stock to satisfy tax withholding requirements due upon vesting of stock-based awards26,347 $6,936 35,791 $16,242 37,589 $16,659 
(1) In addition, we are subject to a 1% excise tax on corporate stock repurchases required under the Inflation Reduction Act of 2022 of $6.1 million, $3.0 million and $1.7 million for fiscal 2026, 2025 and 2024, respectively.
We may repurchase shares of our common stock under our share repurchase program from time-to-time in the open market or via privately negotiated transactions, subject to market conditions. There is no defined number of shares to be repurchased over a specified timeframe through the life of our share repurchase program.
On June 17, 2025, our Board of Directors authorized up to $400 million for share repurchases on or after September 1, 2025. On December 16, 2025, our Board of Directors approved an additional $600 million in share repurchase authority, which was available immediately with no expiration date. The additional authorization also removed the expiration date from the June 17, 2025 authorization. As of August 31, 2026, $356.0 million remained available under our share repurchase program.
In addition to our share repurchase program, we also acquire shares of our common stock from holders of our stock-based awards to satisfy withholding tax requirements due at vesting. Shares acquired from these holders do not reduce the amount authorized for repurchase under the share repurchase program.
Refer to Part II, Item 5. Market For Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities, of this Annual Report on Form 10-K for further discussion on our share repurchase program.
Equity-based Awards
Refer to Note 14, Stock-Based Compensation, for more information on equity awards issued during fiscal 2024 through fiscal 2026.
Dividends
Our Board of Directors approved the following dividends:
Year EndedDividends per
Share of
Common Stock
Record Date
Total Amount
(in thousands)
Payment Date
Fiscal 2026
First Quarter$1.10 November 28, 2025$40,969 December 18, 2025
Second Quarter$1.10 February 27, 202640,305 March 19, 2026
Third Quarter$1.16 May 29, 202641,500 June 18, 2026
Fourth Quarter$1.16 August 31, 202640,901 September 17, 2026
Total Dividends$163,675 
Fiscal 2025
First Quarter$1.04 November 29, 2024$39,572 December 19, 2024
Second Quarter$1.04 February 28, 202539,511 March 20, 2025
Third Quarter$1.10 May 30, 202541,644 June 18, 2025
Fourth Quarter$1.10 August 29, 202541,410 September 18, 2025
Total Dividends$162,137 
Fiscal 2024
First Quarter$0.98 November 30, 2023$37,299 December 21, 2023
Second Quarter$0.98 February 29, 202437,360 March 21, 2024
Third Quarter$1.04 May 31, 202439,589 June 20, 2024
Fourth Quarter$1.04 August 30, 202439,470 September 19, 2024
Total Dividends$153,718 
In the third quarter of fiscal 2026, our Board of Directors approved a 5% increase in the regular quarterly dividend from $1.10 to $1.16 per share. Future cash dividend payments are subject to final determination by our Board of Directors and will depend on our earnings, capital requirements, financial condition and other relevant factors.
Accumulated Other Comprehensive Loss
The components of AOCL as of August 31, 2026 and August 31, 2025 were as follows:
(in thousands)August 31, 2026August 31, 2025
Accumulated unrealized gains (losses) on cash flow hedges, net of tax$(858)$2,143 
Accumulated post-employment benefit obligations, net of tax(5,748)— 
Accumulated foreign currency translation adjustments(71,849)(65,891)
Total AOCL$(78,455)$(63,748)