Quarterly report [Sections 13 or 15(d)]

EMPLOYEE STOCK PLANS (Tables)

v3.25.2
EMPLOYEE STOCK PLANS (Tables)
9 Months Ended
May 31, 2025
EMPLOYEE STOCK PLANS  
Stock Option Activity

The following table summarizes the combined stock option activity for the 2014 Equity Plan and 2024 Equity Plan for the periods noted:

    

Number of Options

    

Weighted Average Exercise Price

    

Weighted Average Remaining Contractual Term

    

Approximate Aggregate Intrinsic Value
(in thousands)

Outstanding at August 31, 2024

524,500

$

9.42

4.7

$

877

Granted

 

Net settlement exercised

 

(35,000)

7.89

Forfeited / Expired

Outstanding at May 31, 2025

 

489,500

$

9.52

4.0

$

769

Options exercisable at May 31, 2025

 

472,500

$

9.54

4.0

$

741

Outstanding at August 31, 2023

 

563,000

$

9.15

5.5

$

1,221

Granted

 

Net settlement exercised

 

(32,000)

5.66

Forfeited / Expired

Outstanding at May 31, 2024

 

531,000

$

9.36

4.9

$

472

Non-Vested Options

The following table summarizes the activity and value of non-vested options under the 2014 Equity Plan and 2024 Equity Plan for the periods presented:

    

Number of Options

    

Weighted Average Grant Date Fair Value

Non-vested options outstanding at August 31, 2024

59,000

$

4.45

Granted

 

Vested

 

(42,000)

4.66

Forfeited / Expired

 

Non-vested options outstanding at May 31, 2025

 

17,000

$

3.93

Non-vested options outstanding at August 31, 2023

 

111,000

$

4.43

Granted

 

Vested

 

(52,000)

4.41

Forfeited

Non-vested options outstanding at May 31, 2024

 

59,000

$

4.45