v3.26.3
Stock-based Compensation (Tables)
 12 Months Ended
Aug. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-based Compensation Expense Stock-based compensation expense related to the Company’s stock-based equity awards is as follows by award type (in thousands):
Fiscal Year Ended August 31,
202620252024
RSU compensation expense$4,614 $4,273 $3,612 
MSU compensation expense3,018 3,033 2,282 
PSU compensation expense (1)
— — 641 
Total $7,632 $7,306 $6,535 
(1)PSU awards contain performance conditions for which accrual of expense is based on the probable outcome of the performance conditions. PSUs pertaining to the measurement year of fiscal year 2024 vested at 16.3% since the performance conditions were partially achieved. Vesting of PSUs pertaining to the measurement years of fiscal years 2026 and 2025 was deemed not probable at the end of each respective fiscal year and the PSUs were subsequently forfeited.
Schedule of Restricted Stock Units Activity
A summary of the Company’s restricted stock unit activity is as follows (in thousands, except unit and per unit amounts):
Restricted Stock UnitsNumber of
Units
Weighted-Average
Grant Date
Fair Value
Per Unit
Aggregate
Intrinsic Value
Outstanding at August 31, 202563,189$198.01 
Granted25,400190.51 
Converted to shares of common stock(17,533)209.58 
Forfeited(259)233.96 
Outstanding at August 31, 202670,797$192.32 $15,161 
Vested at August 31, 202637,354$181.65 $7,999 
Schedule of Valuation Assumptions
The weighted-average assumptions for the valuation of MSU grants used in the Monte Carlo simulation model are as follows:
Fiscal Year Ended August 31,
202620252024
Expected volatility27.5 %33.2 %34.4 %
Risk-free interest rate3.6 %3.6 %4.8 %
Expected dividend yield0.0 %0.0 %0.0 %
Term2.89 years2.91 years2.90 years
Schedule of Market Share Units Activity
A summary of the Company’s market share unit activity is as follows (in thousands, except unit and per unit amounts):
Market Share UnitsNumber of
Units		Weighted-Average
Grant Date
Fair Value
Per Unit		Aggregate
Intrinsic Value
Outstanding at August 31, 202540,839$232.74 
Granted19,622124.34 
Performance factor adjustments445185.32 
Converted to shares of common stock(13,239)184.97 
Forfeited(838)246.30 
Outstanding at August 31, 2026⁽¹⁾46,829$200.13 $10,028 
(1)This figure represents the total number of shares underlying MSU grants assuming achievement of the target number of shares at 100%. As the ultimate number of shares that vest could be as high as 200% of the target, the Company may be required to issue additional shares to satisfy outstanding MSU award grants.
Schedule of Performance Share Units
A summary of the Company’s performance share unit activity is as follows (in thousands, except unit and per unit amounts):
Performance Share UnitsNumber of
Units		Weighted-Average
Grant Date
Fair Value
Per Unit		Aggregate
Intrinsic Value
Outstanding at August 31, 202516,693$251.30 
Granted23,599189.02 
Converted to shares of common stock— — 
Forfeited(16,693)251.30 
Outstanding at August 31, 202623,599$189.02 $5,054