View Filing Data

Print Document View Excel Document

Document And Entity Information - USD ($) $ in Millions	12 Months Ended
Document And Entity Information - USD ($) $ in Millions	Aug. 31, 2012	Oct. 31, 2012
Document And Entity Information [Abstract]
Document Type	10-K
Document Period End Date	Aug. 31, 2012
Amendment Flag	false
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2012
Entity Registrant Name	FRANKLIN COVEY CO
Entity Central Index Key	0000886206
Current Fiscal Year End Date	--08-31
Entity Filer Category	Accelerated Filer
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Common Stock, Shares Outstanding		18,071,010
Entity Public Float	$ 127.5

Consolidated Balance Sheets - USD ($) $ in Thousands	Aug. 31, 2012	Aug. 31, 2011
Current assets:
Cash and cash equivalents	$ 11,011	$ 3,016
Accounts receivable, less allowance for doubtful accounts of $851 and $798	38,087	32,412
Receivable from related party	3,588	5,717
Inventories	4,161	4,301
Deferred income tax assets	3,634	3,005
Prepaid expenses and other current assets	3,714	3,605
Total current assets	64,195	52,056
Property and equipment, net	18,496	19,143
Intangible assets, net	59,205	61,703
Goodwill	9,172	9,172
Long-term receivable from related party	3,478
Other long-term assets	9,534	9,353
Total assets	164,080	151,427
Current liabilities:
Current portion of financing obligation	992	857
Current portion of bank note payable	2,500	2,292
Accounts payable	7,758	9,154
Income taxes payable	869	285
Accrued liabilities	24,530	22,813
Total current liabilities	36,649	35,401
Financing obligation, less current portion	28,515	29,507
Bank note payable, less current portion	208	2,708
Other liabilities	1,152	411
Deferred income tax liabilities	7,001	4,084
Total liabilities	73,525	72,111
Commitments and contingencies (Notes 7 and 8)
Shareholders' equity:
Common stock, $.05 par value; 40,000 shares authorized, 27,056 shares issued	1,353	1,353
Additional paid-in capital	182,534	179,515
Common stock warrants	5,260	5,260
Retained earnings	26,110	18,269
Accumulated other comprehensive income	3,410	3,592
Treasury stock at cost, 9,365 shares and 9,386 shares	(128,112)	(128,673)
Total shareholders' equity	90,555	79,316
Total liabilities and shareholders' equity	$ 164,080	$ 151,427

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Thousands, $ in Thousands	Aug. 31, 2012	Aug. 31, 2011
Condensed Consolidated Balance Sheets [Abstract]
Allowance for doubtful accounts	$ 851	$ 798
Common stock, par value	$ 0.05	$ 0.05
Common stock, shares authorized	40,000	40,000
Common stock, shares issued	27,056	27,056
Treasury stock, shares	9,365	9,386

Consolidated Income Statements Of Operations And Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands

12 Months Ended

Aug. 31, 2012

Aug. 31, 2011

Aug. 31, 2010

Net sales:

Training and consulting services

$ 158,779

$ 150,976

$ 129,462

Products

8,456

7,455

4,226

Leasing

3,221

2,373

3,186

Total net sales

170,456

160,804

136,874

Cost of sales:

Training and consulting services

52,161

51,942

43,945

Products

3,839

3,674

2,226

Leasing

1,773

1,714

1,632

Total cost of sales

57,773

57,330

47,803

Gross profit

112,683

103,474

89,071

Selling, general, and administrative

89,462

85,255

77,604

Depreciation

3,142

3,567

3,669

Amortization

2,499

3,540

3,760

Income from operations

17,580

11,112

4,038

Interest income

Interest expense

(2,482)

(2,687)

(2,892)

(1,369)

Income from continuing operations before income taxes

13,747

8,446

1,180

Provision for income taxes

(5,906)

(3,639)

(2,484)

Net income (loss) from continuing operations

7,841

4,807

(1,304)

Income from discontinued operations, net of tax (Note 13)

548

Gain on sale of discontinued operations, net of tax (Note 13)

238

Net income (loss)

$ 7,841

$ 4,807

$ (518)

Income (loss) from continuing operations per share:

Basic

$ 0.44

$ 0.28

$ (0.10)

Diluted

0.43

0.27

(0.10)

Net income (loss) per share:

Basic

0.44

0.28

(0.04)

Diluted

$ 0.43

$ 0.27

$ (0.04)

Weighted average number of common shares:

Basic

^[1]

17,772

17,106

13,525

Diluted

18,360

17,547

13,525

COMPREHENSIVE INCOME:

Net income (loss)

$ 7,841

$ 4,807

$ (518)

Foreign currency translation adjustments

(182)

578

1,053

Comprehensive income

$ 7,659

$ 5,385

$ 535

[1]

Since we recognized net income for the fiscal years ended August 31, 2012 and August 31, 2011, basic weighted average shares for those periods includes 3.3 million shares of common stock held by management stock loan participants that were placed in escrow. These shares were excluded from basic weighted-average shares for the fiscal year ended August 31, 2010.

Consolidated Statements Of Cash Flows $ in Thousands, ¥ in Millions	12 Months Ended
	Aug. 31, 2012 USD ($)	Aug. 31, 2011 USD ($)	Aug. 31, 2010 USD ($)
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)	$ 7,841	$ 4,807	$ (518)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	5,698	7,107	7,429
Amortization of capitalized curriculum costs	1,816	1,639	2,083
Gain on sale of discontinued operation			(1,092)
Deferred income taxes	2,708	2,092	2,406
Share-based compensation cost	3,835	2,788	1,099
Loss on disposals of assets	36	101	75
Changes in assets and liabilities, net of effect of acquired business:
Increase in accounts receivable, net	(5,810)	(1,288)	(7,597)
Decrease in inventories	96	382	606
Increase in receivable from related party	(1,349)	(688)	(3,059)
Decrease (incresae) in prepaid expenses and other assets	(39)	2,128	(174)
Increase (decrease) in accounts payable and accrued liabilities	(197)	(3,534)	5,060
Increase in income taxes payable/receivable	587	65	699
Increase (decrease) in other long-term liabilities	340	44	7
Net cash provided by operating activities	15,562	15,643	7,024
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of property and equipment	(2,279)	(2,326)	(1,384)
Capitalized curriculum development costs	(2,113)	(3,097)	(712)
Acquisition of business, net of cash acquired		(5,411)	(3,256)
Proceeds from sale of discontinued operation			3,350
Net cash used for investing activities	(4,392)	(10,834)	(2,002)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from line of credit borrowings	8,523	67,462	54,705
Payments on line of credit borrowings	(8,523)	(76,994)	(58,123)
Proceeds from notes payable financing		5,000	1,154
Payments on notes payable financing	(2,292)		(1,096)
Principal payments on long-term debt and financing obligation	(895)	(673)	(654)
Purchases of common stock for treasury	(440)	(218)	(50)
Proceeds from sales of common stock held in treasury	435	328	288
Proceeds from management stock loan payments			159
Net cash used for financing activities	(3,192)	(5,095)	(3,617)
Effect of foreign currency exchange rates on cash and cash equivalents	17	(182)	391
Net increase (decrease) in cash and cash equivalents	7,995	(468)	1,796
Cash and cash equivalents at beginning of the year	3,016	3,484	1,688
Cash and cash equivalents at end of the year	11,011	3,016	3,484
Supplemental disclosure of cash flow information:
Cash paid for income taxes	2,330	1,825	428
Cash paid for interest	2,473	2,702	2,862
Non-cash investing and financing activities:
Purchases of property and equipment financed by accounts payable	$ 481	$ 143	$ 95

Consolidated Statements Of Shareholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Common Stock Warrants [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income [Member]	Treasury Stock [Member]	Total
Beginning balance, shares at Aug. 31, 2009	27,056,000					(10,080,000)
Beginning balance at Aug. 31, 2009	$ 1,353	$ 183,436	$ 7,597	$ 13,980	$ 1,961	$ (139,323)
Issuance of common stock from treasury, shares						56,000
Issuance of common stock from treasury		(495)				$ 783
Purchase of treasury shares, shares						(5,000)
Purchase of treasury shares						$ (29)
Unvested share award, shares						61,000
Unvested share award		(850)				$ 850
Share-based compensation		1,099
Management stock loan payments, shares						(84,000)
Management stock loan payments		664				$ (505)
Non-qualified deferred compensation plan activity, shares						11,000
Non-qualified deferred compensation plan activity		(60)				$ 39
Cumulative translation adjustments					1,053		$ 1,053
Net income (loss)				(518)			(518)
Ending balance, shares at Aug. 31, 2010	27,056,000					(10,041,000)
Ending balance at Aug. 31, 2010	$ 1,353	183,794	7,597	13,462	3,014	$ (138,185)
Issuance of common stock from treasury, shares						117,000
Issuance of common stock from treasury		(1,276)				$ 1,604
Purchase of treasury shares, shares						(21,000)
Purchase of treasury shares						$ (218)
Unvested share award, shares						37,000
Unvested share award		(526)				$ 526
Share-based compensation		2,788
Exercise of common stock warrants and other warrant activity, shares						596,000
Exercise of common stock warrants and other warrant activity		(5,894)	(2,337)			$ 8,229
Management stock loan payments, shares						(76,000)
Management stock loan payments		637				$ (637)
Non-qualified deferred compensation plan activity, shares						2,000
Non-qualified deferred compensation plan activity		(8)				$ 8
Cumulative translation adjustments					578		578
Net income (loss)				4,807			4,807
Ending balance, shares at Aug. 31, 2011	27,056,000					(9,386,000)
Ending balance at Aug. 31, 2011	$ 1,353	179,515	5,260	18,269	3,592	$ (128,673)	$ 79,316
Issuance of common stock from treasury, shares						60,000
Issuance of common stock from treasury		(358)				$ 800
Purchase of treasury shares, shares						(44,000)	(41,085)
Purchase of treasury shares						$ (440)	$ (400)
Unvested share award, shares						37,000
Unvested share award		(514)				$ 514
Share-based compensation		3,835
Management stock loan payments, shares						(32,000)
Management stock loan payments		313				$ (313)
Repurchases of share-based award		(249)
Cumulative translation adjustments					(182)		(182)
Other		(8)
Net income (loss)				7,841			7,841
Ending balance, shares at Aug. 31, 2012	27,056,000					(9,365,000)
Ending balance at Aug. 31, 2012	$ 1,353	$ 182,534	$ 5,260	$ 26,110	$ 3,410	$ (128,112)	$ 90,555

Nature Of Operations And Summary Of Significant Accounting Policies

12 Months Ended

Aug. 31, 2012

Nature Of Operations And Summary Of Significant Accounting Policies [Abstract]

Nature Of Operations And Summary Of Significant Accounting Policies

1.	NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Franklin Covey Co. (hereafter referred to as us, we, our, or the Company) is a global content and intellectual property company focused on individual and organizational performance. Our mission is to “enable greatness in people and organizations everywhere,” and we believe that we are experts at solving seven pervasive, intractable problems, each of which requires a change in human behavior. We are organized to address these seven problems, which include the following: Leadership, Execution, Productivity, Trust, Loyalty, Sales Performance, and Education. Our offerings are described in further detail at www.franklincovey.com. We have some of the best-known offerings in the training industry, including a suite of individual-effectiveness and leadership-development training products based on the best-selling book, The 7 Habits of Highly Effective People and its execution process, The 4 Disciplines of Execution. Through our organizational research and curriculum development efforts, we seek to consistently create, develop, and introduce new services and products that will help our clients achieve greatness.

Fiscal Year

The Company utilizes a modified 52/53-week fiscal year that ends on August 31 of each year. Corresponding quarterly periods generally consist of 13-week periods that ended on November 26, 2011, February 25, 2012, and May 26, 2012 during fiscal 2012. Unless otherwise noted, references to fiscal years apply to the 12 months ended August 31 of the specified year.

Basis of Presentation

The accompanying consolidated financial statements include the accounts of the Company and our wholly-owned subsidiaries, which consist of Franklin Development Corp., and our offices in Japan, the United Kingdom, and Australia. Intercompany balances and transactions are eliminated in consolidation.

Pervasiveness of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the dates of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.

Reclassifications

Certain reclassifications have been made to prior period financial statements to conform to the current period presentation. These reclassifications did not impact our results of operations or net cash flows in the periods presented.

Cash and Cash Equivalents

Some of our cash is deposited with financial institutions located throughout the United States of America and at banks in foreign countries where we operate subsidiary offices and at times may exceed insured limits. We consider all highly liquid debt instruments with a maturity date of three months or less to be cash equivalents. We did not hold a significant amount of investments that would be considered cash equivalent instruments at August 31, 2012 or 2011.

Inventories

Inventories are stated at the lower of cost or market, cost being determined using the first-in, first-out method. Elements of cost in inventories generally include raw materials, direct labor, and overhead. Cash flows from the sales of inventory are included in cash flows provided by operating activities in our consolidated statements of cash flows. Our inventories are comprised primarily of training materials, books, and related accessories, and consisted of the following (in thousands):



AUGUST 31,		2012		2011
Finished goods	$	4,028	$	4,158
Raw materials		133		143
	$	4,161	$	4,301

Provision is made to reduce excess and obsolete inventories to their estimated net realizable value. In assessing the realization of inventories, we make judgments regarding future demand requirements and compare these estimates with current and committed inventory levels. Inventory requirements may change based on projected customer demand, training curriculum life-cycle changes, longer- or shorter-than-expected usage periods, and other factors that could affect the valuation of our inventories.

Property and Equipment

Property and equipment are recorded at cost. Depreciation expense, which includes depreciation on our corporate campus that is accounted for as a financing obligation (Note 6), and the amortization of assets recorded under capital lease obligations, is calculated using the straight-line method over the lesser of the expected useful life of the asset or the contracted lease period. We generally use the following depreciable lives for our major classifications of property and equipment:

Description	Useful Lives
Buildings	20 years
Machinery and equipment	3-7 years
Computer hardware and software	3-5 years
Furniture, fixtures, and leasehold improvements	5-8 years

Leasehold improvements are amortized over the lesser of the useful economic life of the asset or the contracted lease period. We expense costs for repairs and maintenance as incurred. Gains and losses resulting from the sale of property and equipment are recorded in current operations.

Impairment of Long-Lived Assets

Long-lived tangible assets and definite-lived intangible assets are reviewed for possible impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. We use an estimate of undiscounted future net cash flows of the assets over the remaining useful lives in determining whether the carrying value of the assets is recoverable. If the carrying values of the assets exceed the anticipated future cash flows of the assets, we recognize an impairment loss equal to the difference between the carrying values of the assets and their estimated fair values. Impairment of long-lived assets is assessed at the lowest levels for which there are identifiable cash flows that are independent from other groups of assets. The evaluation of long-lived assets requires us to use estimates of future cash flows. If forecasts and assumptions used to support the realizability of our long-lived tangible and definite-lived intangible assets change in the future, significant impairment charges could result that would adversely affect our results of operations and financial condition.

Indefinite-Lived Intangible Assets and Goodwill

Intangible assets that are deemed to have an indefinite life and acquired goodwill are not amortized, but rather are tested for impairment on an annual basis or more often if events or circumstances indicate that a potential impairment exists. The Covey trade name intangible asset (Note 4) has been deemed to have an indefinite life. This intangible asset is tested for impairment using qualitative factors or the present value of estimated royalties on trade name related revenues, which consist primarily of training seminars and work sessions, international licensee sales, and related products. Based on the fiscal 2012 evaluation of the Covey trade name, we believe the fair value of the Covey trade name substantially exceeds its carrying value and no impairment charges were recorded against the Covey trade name during the fiscal year ended August 31, 2012.

Our reported goodwill resulted from the fiscal 2009 acquisition of CoveyLink Worldwide, LLC and the payment of the first two of five annual potential contingent earnout payments. Based on our fiscal 2012 evaluation, we believe the fair value of the reporting unit, which was defined as our consolidated operations, substantially exceeded its carrying value and no impairment charges to goodwill were recorded during the fiscal year ended August 31, 2012.

Capitalized Curriculum Development Costs

During the normal course of business, we develop training courses and related materials that we sell to our clients. Capitalized curriculum development costs include certain expenditures to develop course materials such as video segments, course manuals, and other related materials. Generally, curriculum costs are capitalized when there is a major revision to an existing course that requires a significant re-write of the course materials or curriculum. Costs incurred to maintain existing offerings are expensed when incurred. In addition, development costs incurred in the research and development of new curriculum and software products to be sold, leased, or otherwise marketed are expensed as incurred until economic feasibility has been established.

During fiscal 2012, we capitalized costs incurred for the development of our new productivity offering, as well as for various other courses. Capitalized development costs are generally amortized over a five-year life, which is based on numerous factors, including expected cycles of major changes to curriculum. Capitalized curriculum development costs are reported as a component of other long-term assets in our consolidated balance sheets and totaled $6.7 million and $6.4 million at August 31, 2012 and 2011. Amortization of capitalized curriculum development costs is reported as a component of cost of sales.

Accrued Liabilities

Significant components of our accrued liabilities were as follows (in thousands):


AUGUST 31,		2012		2011
Accrued compensation	$	9,549	$	7,854
Unearned revenue		4,780		4,710
Intellectual property royalties		1,907		1,702
Customer credits		1,421		2,341
Other accrued liabilities		6,873		6,206
	$	24,530	$	22,813

Foreign Currency Translation and Transactions

The functional currencies of our foreign operations are the reported local currencies. Translation adjustments result from translating our foreign subsidiaries’ financial statements into United States dollars. The balance sheet accounts of our foreign subsidiaries are translated into United States dollars using the exchange rate in effect at the balance sheet date. Revenues and expenses are translated using average exchange rates for each month during the fiscal year. The resulting translation gains or losses were recorded as a component of accumulated other comprehensive income in shareholders’ equity. Foreign currency transaction gains and losses totaled a loss of $0.1 million, a gain of $14,000, and a loss of $0.5 million for the fiscal years ended August 31, 2012, 2011, and 2010, respectively.

Derivative Instruments

During the normal course of business, we are exposed to risks associated with foreign currency exchange rate and interest rate fluctuations. Foreign currency exchange rate exposures result from the Company’s operating results, assets, and liabilities that are denominated in currencies other than the United States dollar. In order to limit our exposure to these elements, we may make limited use of derivative instruments. Each derivative instrument that is designated as a hedge instrument is recorded on the balance sheet at its fair value. Changes in the fair value of derivative instruments that qualify for hedge accounting are recorded in accumulated other comprehensive income, which is a component of shareholders’ equity. Changes in the fair value of derivative instruments that are not designated as hedge instruments are immediately recognized as a component of selling, general, and administrative expense in our consolidated statements of operations.

Sales Taxes

We collect sales tax on qualifying transactions with customers based upon applicable sales tax rates in various jurisdictions. We account for sales taxes collected using the net method; accordingly, we do not include sales taxes in net sales reported in our consolidated statements of operations.

Revenue Recognition

We recognize revenue when: 1) persuasive evidence of an agreement exists, 2) delivery of product has occurred or services have been rendered, 3) the price to the customer is fixed or determinable, and 4) collectability is reasonably assured. For training and service sales, these conditions are generally met upon presentation of the training seminar or delivery of the consulting services. For product sales, these conditions are generally met upon shipment of the product to the customer.

Some of our training and consulting contracts contain multiple element deliverables that include training along with other products and services. For transactions that contain more than one element, we recognize revenue in accordance with the guidance for multiple element arrangements using the relative selling price method.

Our international strategy includes the use of licensees in countries where we do not have a wholly-owned operation. Licensee companies are unrelated entities that have been granted a license to translate our content and curriculum, adapt the content and curriculum to the local culture, and sell our training seminars and products in a specific country or region. Licensees are required to pay us royalties based upon a percentage of their sales to clients. We recognize royalty income each period based upon the sales information reported to us from our licensees. Licensee royalty revenues are included as a component of training sales and totaled $11.8 million, $10.6 million, and $9.2 million for the fiscal years ended August 31, 2012, 2011, and 2010.

Revenue is recognized as the net amount to be received after deducting estimated amounts for discounts and product returns.

Share-Based Compensation

We record the compensation expense for all share based-payments to employees and non-employees, including grants of stock options and the compensatory elements of our employee stock purchase plan, in our consolidated statements of operations based upon their fair values over the requisite service period. For more information on our share-based compensation plans, refer to Note 12.

Shipping and Handling Fees and Costs

All shipping and handling fees billed to customers are recorded as a component of net sales. All costs incurred related to the shipping and handling of products are recorded in cost of sales.

Advertising Costs

Costs for newspaper, television, radio, and other advertising are expensed as incurred or recognized over the period of expected benefit for direct response and catalog advertising. Direct response advertising costs, which consist primarily of printing and mailing costs for seminar mailers, are charged to expense over the period of projected benefit, which ranges from three to 12 months. Advertising costs included in selling, general, and administrative expenses totaled $5.3 million, $3.1 million, and $3.3 million for the fiscal years ended August 31, 2012, 2011, and 2010. Our direct response advertising costs reported in other current assets totaled $0.2 million at August 31, 2012 and 2011.

Income Taxes

Our income tax provision has been determined using the asset and liability approach of accounting for income taxes. Under this approach, deferred income taxes represent the future tax consequences expected to occur when the reported amounts of assets and liabilities are recovered or paid. The income tax provision represents income taxes paid or payable for the current year plus the change in deferred taxes during the year. Deferred income taxes result from differences between the financial and tax bases of our assets and liabilities and are adjusted for tax rates and tax laws when changes are enacted. A valuation allowance is provided against deferred income tax assets when it is more likely than not that all or some portion of the deferred income tax assets will not be realized. Interest and penalties related to uncertain tax positions are recognized as components of income tax expense in our consolidated statements of operations.

We may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement.

We provide for income taxes, net of applicable foreign tax credits, on temporary differences in our investment in foreign subsidiaries, which consist primarily of unrepatriated earnings.

Comprehensive Income

Comprehensive income includes changes to equity accounts that were not the result of transactions with shareholders. Comprehensive income is comprised of net income or loss and other comprehensive income and loss items. Our other comprehensive income and losses generally consist of changes in the cumulative foreign currency translation adjustment, net of tax.

Trade Accounts Receivable

12 Months Ended

Aug. 31, 2012

Trade Accounts Receivable [Abstract]

Trade Accounts Receivable

2. TRADE ACCOUNTS RECEIVABLE

Trade accounts receivable are recorded at the invoiced amount and do not bear interest. The allowance for doubtful accounts represents our best estimate of the amount of probable credit losses in the existing accounts receivable balance. We determine the allowance for doubtful accounts based upon historical write-off experience and current economic conditions, and we review the adequacy of the allowance for doubtful accounts on a regular basis. Receivable balances past due over 90 days, which exceed a specified dollar amount, are reviewed individually for collectibility. Account balances are charged off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote. We do not have any off-balance sheet credit exposure related to our customers nor do we generally require collateral or other security agreements from our customers.

Activity in our allowance for doubtful accounts was comprised of the following for the periods indicated (in thousands):



YEAR ENDED
AUGUST 31,		2012		2011		2010
Beginning balance	$	798	$	718	$	879
Charged to costs and expenses		224		188		402
Deductions		(171)		(108)		(563)
Ending balance	$	851	$	798	$	718

Deductions on the foregoing table represent the write-off of amounts deemed uncollectible during the fiscal year. During fiscal 2012, our recoveries of previously written off accounts totaled approximately $72,000 and was included in amounts charged to costs and expenses in the above table. Recoveries of amounts previously written off were insignificant in fiscal 2011 and fiscal 2010.

Property And Equipment

12 Months Ended

Aug. 31, 2012

Property And Equipment [Abstract]

Property And Equipment

3. PROPERTY AND EQUIPMENT

Our property and equipment were comprised of the following (in thousands):



AUGUST 31,		2012		2011
Land and improvements	$	1,312	$	1,312
Buildings		31,556		31,556
Machinery and equipment		2,295		2,184
Computer hardware and software		19,792		18,747
Furniture, fixtures, and leasehold
improvements		11,635		11,408
		66,590		65,207
Less accumulated depreciation		(48,094)		(46,064)
	$	18,496	$	19,143

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References + Details

Intangible Assets And Goodwill

12 Months Ended

Aug. 31, 2012

Intangible Assets And Goodwill [Abstract]

Intangible Assets And Goodwill

4. INTANGIBLE ASSETS AND GOODWILL

Our intangible assets were comprised of the following (in thousands):



		Gross Carrying		Accumulated		Net Carrying
AUGUST 31, 2012		Amount		Amortization		Amount
Definite-lived intangible assets:
License rights	$	27,000	$	(13,041)	$	13,959
Acquired curriculum		58,284		(36,052)		22,232
Customer lists		15,111		(15,097)		14
Trade names		377		(377)		-
		100,772		(64,567)		36,205
Indefinite-lived intangible asset:
Covey trade name		23,000		-		23,000
	$	123,772	$	(64,567)	$	59,205

AUGUST 31, 2011
Definite-lived intangible assets:
License rights	$	27,000	$	(12,103)	$	14,897
Acquired curriculum		58,285		(34,524)		23,761
Customer lists		15,111		(15,066)		45
Trade names		377		(377)		-
		100,773		(62,070)		38,703
Indefinite-lived intangible asset:
Covey trade name		23,000		-		23,000
	$	123,773	$	(62,070)	$	61,703

Our intangible assets are amortized over the estimated useful life of the asset. The range of remaining estimated useful lives and weighted-average amortization period over which we are amortizing the major categories of definite-lived intangible assets at August 31, 2012 were as follows:


Category of Intangible Asset	Range of Remaining Estimated Useful Lives	Weighted Average Amortization Period

License rights	14 years	30 years
Curriculum	2 to 14 years	26 years
Customer lists	Less than one year	14 years

During fiscal 2009 we acquired the assets of CoveyLink Worldwide, LLC (CoveyLink). The previous owners of CoveyLink, which includes a son of a former member of our Board of Directors, are also entitled to earn annual contingent payments based upon earnings growth over the next five years. During the fiscal years ended August 31, 2011 and 2010, we paid $5.4 million and $3.3 million, respectively, in cash to the former owners of CoveyLink for the first two contingent payments. There was no payment required in fiscal 2012 for the third contingent payment. These contingent payments were classified as goodwill on our consolidated balance sheets. Our consolidated goodwill changed as follows during fiscal 2012 and 2011 (in thousands):



Balance at August 31, 2010	$	3,761
Contingent earnout payment from
CoveyLink acquisition		5,411
Impairments		-
Balance at August 31, 2011	$	9,172
Contingent earnout payment from
CoveyLink acquisition		-
Impairments		-
Balance at August 31, 2012	$	9,172

Our aggregate amortization expense from definite-lived intangible assets totaled $2.5 million, $3.5 million, and $3.8 million, for fiscal years 2012, 2011, and 2010. Amortization expense for our intangible assets over the next five years is expected to be as follows (in thousands):



YEAR ENDING
AUGUST 31,
2013	$	2,471
2014		2,446
2015		2,443
2016		2,443
2017		2,443

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

Line Of Credit And Notes Payable

12 Months Ended

Aug. 31, 2012

Line Of Credit And Notes Payable [Abstract]

Line Of Credit And Notes Payable

5. LINE OF CREDIT AND NOTES PAYABLE

During fiscal 2011, we entered into an amended and restated secured credit agreement (the Restated Credit Agreement) with our existing lender. The Restated Credit Agreement provides a revolving line of credit facility (the Revolving Line of Credit) with a maximum borrowing amount of $10.0 million and a term loan (the Term Loan) with maximum available borrowing of up to $5.0 million. Both credit facilities may be used for general business purposes.

Revolving Line of Credit

On March 13, 2012, we entered into the First Modification Agreement to the existing Restated Credit Agreement. The primary purpose of the First Modification Agreement was to extend the maturity date of the Restated Credit Agreement, which originally expired on March 14, 2012. The First Modification Agreement extended the maturity date of the Restated Credit Agreement to March 31, 2013.

During the fourth quarter of fiscal 2012, we entered into the Second Modification Agreement to the Restated Credit Agreement. The primary purpose of the Second Modification Agreement was to extend the maturity date of the Restated Credit Agreement from March 31, 2013 to March 31, 2015. We entered into the Second Modification Agreement to ensure the availability of our line of credit facility over the next three years so that we may use our excess cash to pursue special initiatives, such as the potential repurchase of shares of our common stock, and for other growth opportunities. The key terms and conditions of the Second Modification Agreement remain substantially the same as the Restated Credit Agreement.

The key terms and conditions of the Revolving Line of Credit under the Second Modification Agreement are as follows:

·	Available Credit – The Revolving Line of Credit has a maximum borrowing amount of $10.0 million, which remains unchanged from the Restated Credit Agreement.

·	Maturity Date – The maturity date of the Revolving Line of Credit is March 31, 2015.

·	Interest Rate – The effective interest rate continues to be LIBOR plus 2.50 percent per annum. However, the unused credit fee on the facility increased slightly from .25 percent to .33 percent.

Financial Covenants – The Revolving Line of Credit requires us to be in compliance with specified financial covenants, including (a) a funded debt to EBITDAR (earnings before interest, taxes, depreciation, amortization, and rental expense) ratio of less than 3.00 to 1.00; (b) a fixed charge coverage ratio greater than 1.5 to 1.0; and (c) an annual limit on capital expenditures (not including capitalized curriculum development) of $8.0 million. The previously existing minimum net worth covenant was eliminated.

In the event of noncompliance with these financial covenants and other defined events of default, the lender is entitled to certain remedies, including acceleration of the repayment of amounts outstanding on the Revolving Line of Credit and the Term Loan. At August 31, 2012, we believe that we were in compliance with the terms and covenants applicable to the Second Modification Agreement. The effective interest rate on our Revolving Line of Credit was 2.7 percent at August 31, 2012 and August 31, 2011.

In connection with the Restated Credit Agreement, we entered into a promissory note, a security agreement, repayment guaranty agreements, and a pledge and security agreement. These agreements pledge substantially all of our assets located in the United States to the lender as collateral for borrowings under the Restated Credit Agreement and subsequent amendments. We had no outstanding borrowings on the line of credit facility at August 31, 2012 or August 31, 2011.

Term Loan Payable

We borrowed $5.0 million on the term loan payable that is being repaid in 24 equal monthly installments, beginning on October 1, 2011 and concluding on September 1, 2013. The effective interest rate on the term loan is LIBOR plus 2.65 percent per annum and was 2.9 percent at August 31, 2012 and August 31, 2011.

Financing Obligation

12 Months Ended

Aug. 31, 2012

Commitments and Contingencies Disclosure [Abstract]

Financing Obligation

6. FINANCING OBLIGATION

The financing obligation on our corporate campus was comprised of the following (in thousands):



AUGUST 31,		2012		2011
Financing obligation payable in
monthly installments of $269 at
August 31, 2012, including
principal and interest, with two
percent annual increases
(imputed interest at 7.7%),
through June 2025	$	29,507	$	30,364
Less current portion		(992)		(857)
Total financing obligation,
less current portion	$	28,515	$	29,507

Future principal maturities of our financing obligation were as follows at August 31, 2012 (in thousands):



YEAR ENDING
AUGUST 31,
2013	$	992
2014		1,139
2015		1,298
2016		1,473
2017		1,662
Thereafter		22,943
	$	29,507

In connection with the sale and leaseback of our corporate headquarters facility located in Salt Lake City, Utah, we entered into a 20-year master lease agreement with the purchaser, an unrelated private investment group. The 20-year master lease agreement also contains six five-year renewal options that will allow us to maintain our operations at the current location for up to 50 years. Although the corporate headquarters facility was sold and the Company has no legal ownership of the property, we were prohibited from recording the transaction as a sale since we have subleased a significant portion of the property that was sold. Accordingly, we accounted for the sale as a financing transaction, which required us to continue reporting the corporate headquarters facility as an asset and to record a financing obligation for the sale price. Our remaining future minimum payments under the financing obligation in the initial 20-year lease term are as follows (in thousands):



YEAR ENDING
AUGUST 31,
2013	$	3,242
2014		3,307
2015		3,373
2016		3,440
2017		3,509
Thereafter		29,909
Total future minimum financing
obligation payments		46,780
Less interest		(18,585)
Present value of future minimum
financing obligation payments	$	28,195

The $1.3 million difference between the carrying value of the financing obligation and the present value of the future minimum financing obligation payments represents the carrying value of the land sold in the financing transaction, which is not depreciated. At the conclusion of the master lease agreement, the remaining financing obligation and carrying value of the land will be written off of our financial statements.

Operating Leases

12 Months Ended

Aug. 31, 2012

Operating Leases [Abstract]

Operating Leases

7. OPERATING LEASES

Lease Expense

In the normal course of business, we lease office space and warehouse and distribution facilities under non-cancelable operating lease agreements. We rent office space, primarily for international and domestic regional sales administration offices, in commercial office complexes that are conducive to sales and administrative operations. We also rent warehousing and distribution facilities that are designed to provide secure storage and efficient distribution of our training products and accessories. These operating lease agreements generally contain renewal options that may be exercised at our discretion after the completion of the base rental term. In addition, many of the rental agreements provide for regular increases to the base rental rate at specified intervals, which usually occur on an annual basis. At August 31, 2012, we had operating leases that have remaining terms ranging from approximately one year to approximately nine years. Following the sale of our consumer solutions business unit (CSBU) assets, FC Organizational Products is contractually obligated to pay to us a portion of our minimum rental payments on certain warehouse and distribution facilities that they are using, although we are still responsible for the gross required minimum lease payments. The following table summarizes our future minimum lease payments under operating lease agreements and the lease amounts receivable from FC Organizational Products at August 31, 2012 (in thousands):



		Required		Receivable		Net Required
		Minimum		from FC		Minimum
YEAR ENDING		Lease		Organizational		Lease
AUGUST 31,		Payments		Products		Payments
2013	$	1,872	$	(529)	$	1,343
2014		1,549		(584)		965
2015		1,405		(632)		773
2016		1,136		(535)		601
2017		225		-		225
Thereafter		688		-		688
	$	6,875	$	(2,280)	$	4,595

We recognize lease expense on a straight-line basis over the life of the lease agreement. Contingent rent expense is recognized as it is incurred and was insignificant for the periods presented. Total rent expense recorded in selling, general, and administrative expense from operating lease agreements was $2.2 million, $2.7 million, and $3.0 million for the fiscal years ended August 31, 2012, 2011, and 2010.

Lease Income

We have subleased a significant portion of our corporate headquarters campus located in Salt Lake City, Utah to multiple, unrelated tenants as well as to FC Organizational Products. We recognize sublease income on a straight-line basis over the life of the sublease agreement. The cost basis of the office space available for lease was $33.9 million, which had a carrying value of $12.8 million at August 31, 2012. The following future minimum lease payments due to us from our sublease agreements at August 31, 2012 include lease income of approximately $0.8 million per year from FC Organizational Products. All lease income disclosed after fiscal 2017 is from FC Organizational Products (in thousands):



YEAR ENDING
AUGUST 31,
2013	$	3,999
2014		2,443
2015		2,288
2016		1,815
2017		969
Thereafter		6,479
	$	17,993

Sublease revenue totaled $3.2 million, $2.4 million, and $3.2 million during the fiscal years ended August 31, 2012, 2011, and 2010.

Commitments And Contingencies

12 Months Ended

Aug. 31, 2012

Commitments and Contingencies Disclosure [Abstract]

Commitments And Contingencies

8. COMMITMENTS AND CONTINGENCIES

Information Systems and Warehouse Outsourcing Contract

We have an outsourcing contract with HP Enterprise Services (HP) to provide information technology system support and product warehousing and distribution services. During late fiscal 2011, we entered into an agreement with HP to modify the minimum required warehouse charges. Under the terms of this agreement, we moved our primary warehouse to an HP distribution facility in Des Moines, Iowa and HP agreed to list the vacated warehouse space in Salt Lake City, Utah for lease. As the warehouse space in Salt Lake City is leased, HP will proportionally reduce our minimum warehouse charge. If the warehouse becomes more than 75 percent leased, the warehouse minimum is contractually reduced to approximately $0.2 million per year from approximately $2.9 million per year. At August 31, 2012, the Salt Lake City warehouse was approximately 70 percent leased to unrelated parties and our warehouse minimum charge has been reduced accordingly. FC Organizational Products is contractually obligated to pay us a portion of our minimum fixed warehouse charges. The table below has been adjusted to reflect current warehouse minimum payments as well as amounts that we will bill to FC Organizational Products, although we are still responsible for the gross minimum fixed charges. If the current tenants are unable to continue in the warehouse, our required minimum payments may return to higher levels in future periods. The warehouse and distribution fixed charge contains an annual escalation clause based upon changes in the Employment Cost Index.

The following schedule summarizes our estimated minimum information systems support and fixed warehouse and distribution charges, without the effect of estimated escalation charges, to HP for services over the remaining life of the outsourcing contract, and the amounts receivable from FC Organizational Products (in thousands):



		Estimated		Receivable
		Gross		from FC		Estimated Net
YEAR ENDING		Minimum and		Organizational		Minimum and
AUGUST 31,		Fixed Charges		Products		Fixed Charges
2013	$	2,232	$	(61)	$	2,171
2014		2,232		(61)		2,171
2015		2,232		(61)		2,171
2016		1,382		(51)		1,331
Thereafter		-		-		-
	$	8,078	$	(234)	$	7,844

Our actual payments to HP include a variable charge for certain warehousing and distribution activities and may fluctuate in future periods based upon actual sales and activity levels.

During fiscal years 2012, 2011, and 2010, we expensed $5.0 million, $6.6 million, and $6.2 million for services provided under the terms of the HP outsourcing contract. The total amount expensed each year under the HP contract includes freight charges, which are billed to the Company based upon activity. Freight charges included in our total HP costs totaled $1.8 million, $1.6 million, and $1.5 million during the years ended August 31, 2012, 2011, and 2010.

The outsourcing contracts contain early termination provisions that we may exercise under certain conditions. However, in order to exercise the early termination provisions, we would have to pay specified penalties to HP depending upon the circumstances of the contract termination.

Purchase Commitments

During the normal course of business, we issue purchase orders to various external vendors for products and services. At August 31, 2012, we had open purchase commitments totaling $4.2 million for products and services to be delivered primarily in fiscal 2013. Other purchase commitments for materials, supplies, and other items incidental to the ordinary conduct of business were immaterial, both individually and in aggregate, to the Company’s operations at August 31, 2012.

Legal Matters and Loss Contingencies

On April 20, 2010, Moore Wallace North America, Inc. doing business as TOPS filed a complaint against FC Organizational Products, LLC (FCOP) in the Circuit Court of Cook County, Illinois, for breach of contract. The complaint also named us as a defendant and alleged that we should be liable for FCOP’s debts under the doctrine of alter ego or fraudulent transfer. On December 23, 2011, Moore Wallace North America, Inc., FCOP, and the Company entered into a settlement agreement and mutual release. Under the terms of this agreement, FCOP paid Moore Wallace North America, Inc. a specified sum to settle the complaint and reimbursed us for legal fees incurred in defense of the allegations.

During fiscal 2012, a former software vendor performed a license review and claimed that we were under licensed for certain software products in prior years. After reviewing the claims from the vendor, we determined that the amounts claimed were not consistent with our previously existing software licensing agreement. We are actively disputing these claims and believe that a settlement is reasonably possible. However, at August 31, 2012 we believe that the amount of such settlement would be immaterial to our consolidated financial statements.

We are also the subject of certain other legal actions, which we consider routine to our business activities. At August 31, 2012, we believe that, after consultation with legal counsel, any potential liability to us under these other actions will not materially affect our financial position, liquidity, or results of operations.

FC Organizational Products Store Leases

According to the terms of the agreements associated with the sale of our CSBU assets that closed in the fourth quarter of fiscal 2008, we assigned the benefits and obligations relating to the leases of most of our retail stores to FC Organizational Products. However, we remain secondarily liable to fulfill the obligations contained in the lease agreements, including making lease payments, if FCOP is unable to fulfill its obligations pursuant to the terms of the lease agreements. At August 31, 2012, the retail store minimum lease payments for which we remain secondarily liable totaled $0.3 million. Any default by FCOP in its lease payment obligations could provide us with certain remedies against FCOP. If FCOP is unable to satisfy the obligations contained in the lease agreements and we are unable to obtain adequate remedies, our results of operations and cash flows may be adversely affected.

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6449706&loc=d3e16207-108621

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14435-108349

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.25)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 440
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6394976&loc=d3e25287-109308

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 14
-Paragraph 3
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 9, 10, 11, 12
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Shareholders' Equity

12 Months Ended

Aug. 31, 2012

Shareholders' Equity [Abstract]

Shareholders' Equity

9. SHAREHOLDERS’ EQUITY

Preferred Stock

We have 14.0 million shares of preferred stock authorized for issuance. However, at August 31, 2012, no shares of preferred stock were issued or outstanding.

Common Stock Warrants

Pursuant to the terms of the preferred stock recapitalization plan, in fiscal 2005 we completed a one-to-four forward split of the existing Series A preferred stock and then bifurcated each share of Series A preferred stock into a new share of Series A preferred stock that is no longer convertible into common stock, and a warrant to purchase shares of common stock. Accordingly, we issued 6.2 million common stock warrants with an exercise price of $8.00 per share (subject to customary anti-dilution and exercise features), which will be exercisable over an eight-year term that expires in March 2013. These common stock warrants were recorded in shareholders’ equity at fair value on the date of the recapitalization, as determined by a Black-Scholes valuation methodology, which totaled $7.6 million.

During the fourth quarter of fiscal 2011, Knowledge Capital Investment Group (Knowledge Capital), the holder of a warrant to purchase 5,913,402 shares of common stock, exercised its warrant with respect to 1,913,402 shares on a net settlement basis. As a result of this transaction, we issued 596,116 shares of our common stock to Knowledge Capital from shares held in treasury. In connection with this warrant exercise, we entered into an agreement with Knowledge Capital regarding its remaining warrant to purchase shares of common stock and the shares of common stock currently held by them. Knowledge Capital agreed to the following:

1.	To exercise its warrant with respect to the remaining 4.0 million shares only on a net settlement basis.

Not to exercise its right to cause the Company to file a registration statement with respect to the resale of any of the shares owned by Knowledge Capital (including the 1,015,000 shares already owned by Knowledge Capital) prior to the earlier of (i) March 8, 2013 (the expiration of the warrant) and (ii) one year after the date on which the warrant has been exercised in full (the Stand-Off Period).

If Knowledge Capital intends to sell any of our common shares (including shares previously owned by Knowledge Capital) in the market during the Stand-Off Period on an unregistered basis, Knowledge Capital will notify us in writing of such intent, including the details surrounding such sale, at least five trading days before commencing such sales, and, if requested by us, will refrain from selling shares of our common stock for up to 120 days after the date Knowledge Capital intended to begin such sales in order to permit us to arrange for an underwritten or other organized sale of these shares. This action includes filing with the Securities and Exchange Commission, if applicable and required, an effective registration statement covering the sale of the shares in the manner proposed by Knowledge Capital or as otherwise agreed to by Knowledge Capital and us.

4.	To discuss with us any proposal by us to purchase such shares during the 120-day period.

In exchange for these considerations, we agreed to waive our right to pay cash in lieu of shares upon exercises of the warrant. Two members of our Board of Directors, including our Chief Executive Officer, have an equity interest in Knowledge Capital. This transaction and agreement was approved by members of our Board of Directors who are not affiliated with Knowledge Capital and have no economic interest in the warrant.

Subsequent to August 31, 2012, Knowledge Capital exercised its warrant with respect to 1,000,000 shares on a net settlement basis. Accordingly, we issued 340,877 shares of our common stock to Knowledge Capital from treasury under the terms of the foregoing agreement.

Treasury Stock

During the third quarter of fiscal 2012, our Board of Directors approved a plan to purchase up to $10.0 million of the Company’s outstanding common stock. We intend to use available cash in excess of $10.0 million to make the purchases and all previously existing common stock repurchase plans were canceled. Common stock purchases under this approved plan are made at our discretion based on prevailing market prices and are subject to customary regulatory requirements and considerations. We do not have a timetable for the purchase of these common shares, and the authorization by the Board of Directors does not have an expiration date. We have purchased a total of 41,085 shares of our common stock for $0.4 million through August 31, 2012.

- Definition

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(d),(e))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB TOPIC 4.E)
-URI http://asc.fasb.org/extlink&oid=6228006&loc=d3e74512-122707

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.29-31)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 4
-Subparagraph (SAB TOPIC 4.C)
-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187143-122770

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Preferred Stock
-URI http://asc.fasb.org/extlink&oid=6521494

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Section B
-Paragraph 7, 11A
-Chapter 1
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph d
-Article 4

Reference 18: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
-Article 5

Reference 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section E

Reference 20: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Article 4

Reference 21: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section C

Reference 22: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 129
-Paragraph 2, 3, 4, 5, 6, 7, 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 23: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

+ Details

Management Common Stock Loan Program

12 Months Ended

Aug. 31, 2012

Management Common Stock Loan Program [Abstract]

Management Common Stock Loan Program

10. MANAGEMENT COMMON STOCK LOAN PROGRAM

During fiscal 2000, certain of our management personnel borrowed funds from an external lender, on a full-recourse basis, to acquire shares of our common stock. The loan program closed during fiscal 2001 with 3.825 million shares of common stock purchased by the loan participants for a total cost of $33.6 million, which was the market value of the shares acquired and distributed to loan participants. The Company initially participated on these management common stock loans as a guarantor to the lending institution. However, in connection with a new credit facility obtained during fiscal 2001, we acquired the loans from the external lender at fair value and are now the creditor for these loans. The loans in the management stock loan program initially accrued interest at 9.4 percent (compounded quarterly), are full-recourse to the participants, and were originally due in March 2005. Although interest continues to accrue on the outstanding balance over the life of the loans to the participants, the Company ceased recording interest receivable (and related interest income) related to these loans in fiscal 2002.

In May 2004, our Board of Directors approved modifications to the terms of the management stock loans. While these changes had significant implications for most management stock loan program participants, the Company did not formally amend or modify the stock loan program notes. Rather, the Company chose to forego certain of its rights under the terms of the loans and granted participants the modifications described below in order to potentially improve their ability to pay, and our ability to collect, the outstanding balances of the loans. These modifications to the management stock loan terms applied to all current and former employees whose loans do not fall under the provisions of the Sarbanes-Oxley Act of 2002. Loans to our officers and directors (as defined by the Sarbanes-Oxley Act of 2002) were not affected by the approved modifications and loans held by those persons, which totaled $0.8 million, were repaid on the original due date of March 30, 2005.

The May 2004 modifications to the management stock loan terms included the following:

Waiver of Right to Collect – The Company waived its right to collect the outstanding balance of the loans prior to the earlier of (a) March 30, 2008, or (b) the date after March 30, 2005 on which the closing price of the Company’s stock multiplied by the number of shares purchased equals the outstanding principal and accrued interest on the management stock loans (the Breakeven Date).

Lower Interest Rate – Effective May 7, 2004, the Company prospectively waived collection of all interest on the loans in excess of 3.16 percent per annum, which was the “Mid-Term Applicable Federal Rate” for May 2004.

Use of the Company’s Common Stock to Pay Loan Balances – The Company may consider receiving shares of our common stock as payment on the loans, which were previously only payable in cash.

Elimination of the Prepayment Penalty – The Company waived its right to charge or collect any prepayment penalty on the management common stock loans.

These modifications, including the reduction of the loan program interest rate, were not applied retroactively and participants remain obligated to pay interest previously accrued using the original interest rate. Also during fiscal 2005, our Board of Directors approved loan modifications for a former executive officer and a former director substantially similar to loan modifications previously granted to other loan participants in the management stock loan program as described above.

Prior to the May 2004 modifications, we accounted for the loans and the corresponding shares using a loan-based accounting model. However, due to the nature of the May 2004 modifications, we reevaluated the accounting for the management stock loan program. Based upon relevant accounting guidance, we determined that the management common stock loans should be accounted for as non-recourse stock compensation instruments. While this accounting treatment does not alter the legal rights associated with the loans to the employees as described above, the modifications to the terms of the loans were deemed significant enough to adopt the non-recourse accounting model. Accordingly, the remaining carrying value of the notes and interest receivable related to financing common stock purchases by related parties, which totaled $7.6 million prior to the loan term modifications, was reduced to zero with a corresponding reduction in additional paid-in capital. Since the Company was unable to exercise control over the underlying management common stock loan shares, the loan program shares continued to be included in basic earnings per share (EPS) following the May 2004 modifications.

We currently account for the management common stock loans as equity-classified stock option arrangements. According to share-based accounting rules, additional compensation expense will be recognized only if the Company takes action that constitutes a modification which increases the fair value of the arrangements. This accounting treatment also precludes us from reversing the amounts expensed as additions to the loan loss reserve, totaling $29.7 million, which were recorded in prior periods.

During fiscal 2006, the Company offered participants in the management common stock loan program the opportunity to formally modify the terms of their loans in exchange for placing their shares of common stock purchased through the loan program in an escrow account that allows the Company to have a security interest in the loan program shares. The key modifications to the management common stock loans for the participants accepting the fiscal 2006 offer were as follows:

Modification of Promissory Note – The management stock loan due date was changed to be the earlier of (a) March 30, 2013, or (b) the Breakeven Date as defined by the May 2004 modifications. The interest rate on the loans increased from 3.16 percent compounded annually to 4.72 percent compounded annually.

Redemption of Management Loan Program Shares – The Company has the right to redeem the shares on the due date in satisfaction of the promissory notes as follows:

On the Breakeven Date, the Company has the right to purchase and redeem from the loan participants the number of loan program shares necessary to satisfy the participant’s obligation under the promissory note. The redemption price for each such loan program share will be equal to the closing price of our common stock on the Breakeven Date.

·	If our common stock has not closed at or above the breakeven price on or before March 30, 2013, the Company has the right to purchase and redeem from the participants all of their loan program shares at the closing price on that date as partial payment on the participant’s obligation.

The fiscal 2006 modifications were intended to give the Company a measure of control over the outstanding loan program shares and to facilitate payment of the loans should the market value of our common stock equal the principal and accrued interest on the management stock loans. If a loan participant declined the offer to modify their management stock loan, their loan will continue to have the same terms and conditions that were previously approved in May 2004 by our Board of Directors, and their loans will be due at the earlier of March 30, 2008 or the Breakeven Date. Consistent with the May 2004 modifications, stock loan participants will be unable to realize a gain on the loan program shares unless they pay cash to satisfy the promissory note obligation prior to the due date. As of the closing date of the extension offer, which was substantially completed in June 2006, management stock loan participants holding approximately 3.5 million shares, or 94 percent of the remaining loan shares, elected to accept the extension offer and placed their management stock loan shares into the escrow account. The Company is currently in the process of collecting amounts due from participants that declined to place their shares in the escrow account during fiscal 2006.

As a result of this modification, we reevaluated the accounting treatment regarding the loan shares and their inclusion in Basic EPS. Since the management stock loan shares held in the escrow account continue to have the same income participation rights as other common shareholders, we determined that the escrowed loan shares are participating securities. As a result, the management loan shares are included in the calculation of basic EPS in periods of net income and excluded from basic EPS in periods of net loss.

During fiscal 2009, the effective interest rate on the management stock loans was reduced to 1.65 percent, compounded annually, which was the “Mid-Term Applicable Federal Rate” on the date of the interest rate change.

M. Sean Covey, David M.R. Covey, and C. Todd Davis were among the approximately 147 participants in our management stock loan program since March 2000 and, under that program, these individuals owed the Company $759,417 (51,970 shares), $270,597 (18,518 shares), and $192,037 (13,142 shares), respectively, in December 2009. To settle the loans, they each surrendered their loan shares, which were valued at market on the date of surrender, to the Company in partial payment of their loans and we collected or forgave the remaining loan balances. David M.R. Covey paid the remaining balance owing on his management loan in cash during the quarter ended February 27, 2010. To the extent necessary, we also paid the listed persons a bonus to cover the related taxes that were incurred as a result of this action.

Shawn D. Moon was also a participant in our management stock loan program, and under that plan owed the Company $1,126,595 (for 75,865 shares) at November 30, 2010. To settle the loan, he surrendered his loan shares (valued at market) to the Company in partial payment of the loan and we forgave the remaining loan balance.

During the fourth quarter of fiscal 2012 we acquired 31,063 shares of our common stock from management stock loan participants who declared bankruptcy. These shares were released to us by the bankruptcy court and were valued at the closing price of the Company’s common stock on the date received into treasury by our transfer agent.

The inability of the Company to collect all, or a portion, of the management stock loans could have an adverse impact upon our financial position and cash flows compared to full collection of the loans.

Financial Instruments	12 Months Ended
Financial Instruments	Aug. 31, 2012
Financial Instruments [Abstract]
Financial Instruments	11. FINANCIAL INSTRUMENTS Fair Value of Financial Instruments The book value of our financial instruments at August 31, 2012 and 2011 approximated their fair values. The assessment of the fair values of our financial instruments is based on a variety of factors and assumptions. Accordingly, the fair values may not represent the actual values of the financial instruments that could have been realized at August 31, 2012 or 2011, or that will be realized in the future, and do not include expenses that could be incurred in an actual sale or settlement. The following methods and assumptions were used to determine the fair values of our financial instruments, none of which were held for trading or speculative purposes: Cash, Cash Equivalents, and Accounts Receivable – The carrying amounts of cash, cash equivalents, and accounts receivable approximate their fair values due to the liquidity and short-term maturity of these instruments. Other Assets – Our other assets, including notes receivable, were recorded at the net realizable value of estimated future cash flows from these instruments. Debt Obligations – At August 31, 2012, our debt obligations consisted of a variable-rate line of credit and a variable term loan with a one-year remaining maturity. The interest rate on these obligations is variable and is adjusted to reflect current market interest rates that would be available to us for a similar instrument. In addition, the Revolving Line of Credit agreement is renewed on an annual basis and the terms are reflective of current market conditions. As a result, the carrying value of the obligations on the Revolving Line of Credit and Term Loan approximate their fair value. Derivative Instruments During the normal course of business, we are exposed to fluctuations in foreign currency exchange rates due to our international operations and interest rates. To manage risks associated with foreign currency exchange and interest rates, we may make limited use of derivative financial instruments. Derivatives are financial instruments that derive their value from one or more underlying financial instruments. As a matter of policy, our derivative instruments are entered into for periods that do not exceed the related underlying exposures and do not constitute positions that are independent of those exposures. In addition, we do not enter into derivative contracts for trading or speculative purposes, nor were we party to any leveraged derivative instrument. The notional amounts of derivatives do not represent actual amounts exchanged by the parties to the instrument and thus, are not a measure of exposure to the Company through its use of derivatives. Additionally, we enter into derivative agreements only with highly rated counterparties. Foreign Currency Exposure – Due to the global nature of our operations, we are subject to risks associated with transactions that are denominated in currencies other than the United States dollar, as well as the effects of translating amounts denominated in foreign currencies to United States dollars as a normal part of the reporting process. The objective of our foreign currency risk management activities is to reduce foreign currency risk in the consolidated financial statements. In order to manage foreign currency risks, we may make limited use of foreign currency forward contracts and other foreign currency related derivative instruments in the normal course of business. Although we cannot eliminate all aspects of our foreign currency risk, we believe that our strategy, which may include the use of derivative instruments, can reduce the impacts of foreign currency related issues on our consolidated financial statements. During the fiscal year ended August 31, 2010 we utilized foreign currency forward contracts to manage the volatility of certain intercompany financing transactions and other transactions that are denominated in foreign currencies. Because these contracts did not meet specific hedge accounting requirements, gains and losses on these contracts, which expired on a quarterly basis, were recognized in selling, general, and administrative expense, and were used to offset a portion of the gains or losses of the related accounts. We recognized losses totaling $0.2 million from these contracts during fiscal 2010. Interest Rate Risk Management – Due to the limited nature of our current interest rate risk, we do not make regular use of interest rate derivatives, and we were not a party to any interest rate derivative instruments during the fiscal years ended August 31, 2012, 2011, or 2010.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 21
-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13537-108611

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13504-108611

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13433-108611

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15B
-Subparagraph a, b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 44A, 44B
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 17-22, 27, 28
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15A
-Subparagraph a-d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15C, 15D
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 32, 33, 34
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 3, 10, 14, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Share-Based Compensation

12 Months Ended

Aug. 31, 2012

Share-Based Compensation [Abstract]

Share-Based Compensation

12.SHARE-BASED COMPENSATION PLANS

Overview

We utilize various share-based compensation plans as integral components of our overall compensation and associate retention strategy. Our shareholders have approved various stock incentive plans that permit us to grant performance awards, unvested share awards, stock options, and employee stock purchase plan (ESPP) shares. In addition, our Board of Directors and shareholders may, from time to time, approve fully vested share awards. Our share-based compensation plans are overseen and approved by the Organization and Compensation Committee of the Board of Directors (the Compensation Committee). At August 31, 2012, our stock option incentive plan, which permits the granting of performance awards, unvested stock awards to non-employee members of the Board of Directors and employees, and incentive stock options had approximately 770,000 shares available for granting. Our 2004 ESPP had approximately 615,000 shares remaining for purchase by plan participants as of August 31, 2012. The total cost of our share-based compensation plans for the fiscal years ended August 31, 2012, 2011, and 2010 were as follows (in thousands):



YEAR ENDED
AUGUST 31,		2012		2011		2010
Performance awards	$	3,188	$	827	$	327
Unvested share awards		340		411		458
Stock options		168		820		261
Compensation cost of the ESPP		77		61		53
Fully vested share awards		62		669		-
	$	3,835	$	2,788	$	1,099

The compensation cost of our share-based compensation plans was included in selling, general, and administrative expenses in the accompanying consolidated statements of operations, and no share-based compensation was capitalized during fiscal years 2012, 2011, or 2010. We issue shares of common stock for our share-based compensation plans from shares held in treasury. The following is a description of our share-based compensation plans.

Performance Awards

Common Stock Price Performance Award – On July 15, 2011, the Compensation Committee approved a share-based compensation plan that will allow certain members of our management team to receive shares of the Company’s common stock if the price of our common stock averages specified levels over a five-day period. If the price of our common stock achieves the specified levels within three years of the grant date, 100 percent of the awarded shares will vest. If the price of our common stock reaches the specified levels between three and five years from the grant date, only 50 percent of the performance shares will vest. No shares will vest to participants if the specified price targets are met after five years from the grant date. We believe that this award program will increase shareholder value as shares will only be awarded to participants if the Company’s share price significantly increases over a relatively short period of time.

This award was designed to grant approximately one-half of the total award shares in fiscal 2011, approximately one-fourth of the award shares in fiscal 2012, and the remaining approximate one-fourth are expected to be granted in fiscal 2013. We granted performance awards for 177,616 shares in fiscal 2012 and 294,158 shares in fiscal 2011 under this award.

Since this performance award has market-based vesting conditions, the fair value and expected term of the grants under this award were determined using Monte Carlo simulation valuation models. The following assumptions were made in estimating the fair values of the grants made under this market-based performance award:


Model Input	Fiscal 2012 Grant	Fiscal 2011 Grant
Grant date share price per share	$ 9.55	$ 11.34
Volatility	54.6%	49.83%
Dividend yield	0.0%	0.0%
Risk-free rate	0.62%	1.48%
Grant date	July 19, 2012	July 15, 2011

The fair value of the fiscal 2012 performance award was determined to be $1.2 million, which is being amortized over 1.4 years. The fair value of the fiscal 2011 award was $2.6 million, which was amortized over 0.9 years (fully amortized in fiscal 2012). At August 31, 2012, there was $1.0 million of unrecognized compensation cost associated with the fiscal 2012 grant.

Fiscal 2012 Executive Award - During the first quarter of fiscal 2012, the Compensation Committee granted a new performance based equity award for the Chief Executive Officer (CEO), Chief Financial Officer (CFO), and the Chief People Officer (CPO). A total of 106,101 shares may be issued to the participants based on six individual vesting conditions that are divided into two performance measures, Adjusted EBITDA and Productivity Practice sales. Three tranches of 24,757 shares will immediately vest to the participants when consolidated trailing four-quarter Adjusted EBITDA totals $26.0 million, $33.0 million, and $40.0 million. Another three tranches of 10,610 shares will immediately vest when trailing four-quarter Productivity Practice sales total $20.5 million, $23.5 million, and $26.5 million. These performance awards have a maximum life of six years. Compensation expense is recognized as we determine that it is probable that the shares will vest. Adjustments to compensation expense to reflect the number of shares expected to be awarded will be made on a cumulative basis at the date of the adjustment. As of August 31, 2012, the Company met the first Adjusted EBITDA goal and the first tranche of 24,757 shares vested to the participants. The first tranche of the Productivity Practice sales component of the award is not expected to vest until mid-fiscal 2013.

Fiscal 2011 Executive Award – During the fourth quarter of fiscal 2011, the Compensation Committee approved a share-based award for three members of our executive team for strong financial performance during the fiscal year. The target award totaled 72,134 shares of which 24,045 shares were approved and granted as performance awards (the remaining shares were issued as fully vested awards—refer to the discussion below). For these shares to vest to the participants, the Company was required to achieve a certain level of earnings, which occurred at August 31, 2011, and the participants were required to complete a one-year service condition that started once the earnings condition was met. The compensation cost of this award totaled $0.3 million, which was recognized over 1.2 years. During the fourth quarter of fiscal 2012, the Compensation Committee allowed the participants in this award to receive cash rather than the shares which would have been awarded at the completion of the service period. This transaction was treated as a repurchase of the original equity award and participants received a cash award equal to the number shares that were to be issued multiplied by our closing common stock price on August 31, 2012, which was less than the share price on the grant date.

Fiscal 2010 Long-Term Incentive Plan Award – Our shareholders have approved a performance based long-term incentive plan (the LTIP) that provides for grants of share-based performance awards to certain managerial personnel and executive management as directed by the Compensation Committee. The number of common shares that eventually vest and are issued to LTIP participants is variable and is based entirely upon the achievement of specified financial performance objectives during a defined performance period. Due to the variable number of common shares that may be issued under the LTIP, we reevaluate our LTIP grants on a quarterly basis and adjust the number of shares expected to be issued based upon actual and estimated financial results of the Company compared to the performance goals set for the award. Adjustments to the number of shares awarded, and to the corresponding compensation expense, are made on a cumulative basis at the adjustment date based upon the estimated probable number of common shares to be issued.

During fiscal 2010, the Compensation Committee approved the fiscal 2010 LTIP award, which includes the following key terms:

·	Adjusted Target Number of Shares Expected to Vest at August 31, 2012 – 182,385 shares

·	Vesting Dates – August 31, 2012, February 28, 2013, and August 31, 2013

·	Grant Date Fair Value of Common Stock – $5.28 per share

The fiscal 2010 LTIP has a four-year performance period, but has three vesting dates if certain financial measures are achieved during the performance period. Therefore, we record compensation expense based on the estimated number of shares expected to be issued at each of the vesting dates. Based on financial performance for the three-year period ending August 31, 2012, it was determined that plan participants were entitled to receive 94.7% of the target shares, or 172,737 shares, at the first vesting date. Based on projected financial results through the second and third vesting dates, we currently expect to award approximately 40,000 additional shares over the remainder of the fiscal 2010 LTIP award. The cumulative adjustment to the fiscal 2010 LTIP award at August 31, 2012 was immaterial to our financial statements.

Stock Options

We have an incentive stock option plan whereby options to purchase shares of our common stock may be issued to key employees at an exercise price not less than the fair market value of the Company’s common stock on the date of grant. The term, not to exceed ten years, and exercise period of each incentive stock option awarded under the plan are determined by the Compensation Committee.

Information related to our stock option activity during the fiscal year ended August 31, 2012 is presented below:



				Weighted
			Weighted	Average
			Avg. Exercise	Remaining		Aggregate
	Number of		Price Per	Contractual		Intrinsic Value
	Stock Options		Share	Life (Years)		(thousands)
Outstanding at August 31, 2011	675,000	$	11.25
Granted	-		-
Exercised	-		-
Forfeited	-		-

Outstanding at August 31, 2012	675,000	$	11.25	7.8	$	287

Options vested and exercisable at
August 31, 2012	-	$	-	-	$	-

Our stock options awarded in fiscal 2011 and fiscal 2010 each have a contractual life of 10 years and are divided into four equal tranches with exercise prices of $9.00 per share, $10.00 per share, $12.00 per share, and $14.00 per share. The options vest upon resolution of the management common stock loan program, subject to Board of Director approval of the resolution, which was determined to be a market vesting condition based upon our common stock price. Accordingly, the fair value of these stock options was determined using a Monte Carlo simulation with an embedded Black-Scholes valuation model. The following assumptions were used to estimate the stated fair value of the stock options awarded during the fiscal years ended August 31, 2011 and 2010 (fair value of the options is stated in thousands):


Model Input	Fiscal 2011 Stock Options	Fiscal 2010 Stock Options
Grant date share price per share	$ 8.43	$ 5.28
Volatility	59.02%	51.47%
Dividend yield	0.0%	0.0%
Risk-free rate	0.7%	1.57%

Fair value of award	$ 756	$ 493
Estimated time to vest (years)	0.9	1.8

At August 31, 2012, there was no remaining unrecognized compensation expense related to our stock options. The following additional information applies to our stock options outstanding at August 31, 2012:



		Weighted
	Number	Average		Options
	Outstanding	Remaining	Weighted	Exercisable at	Weighted
	at August 31,	Contractual	Average	August 31,	Average
Exercise Prices	2012	Life (Years)	Exercise Price	2012	Exercise Price
$9.00	168,750	7.8	$9.00	-	$ -
$10.00	168,750	7.8	$10.00	-	-
$12.00	168,750	7.8	$12.00	-	-
$14.00	168,750	7.8	$14.00	-	-
	675,000			-

Stock options exercised during fiscal 2011 were settled using the net share method by issuing 4,061 shares of our common stock and we therefore did not receive any proceeds from this transaction. No stock options were exercised during fiscal 2012 or fiscal 2010. The intrinsic value of stock options exercised was $36,750 for the fiscal year ended August 31, 2011. No stock options vested during the fiscal years ended August 31, 2012, 2011, or 2010.

Unvested Stock Awards

The fair value of our unvested stock awards is calculated by multiplying the number of shares awarded by the closing market price of our common stock on the date of the grant. The corresponding compensation cost of unvested stock awards is amortized to selling, general, and administrative expense on a straight-line basis over the vesting period of the award. The following is a description of our unvested stock awards granted to non-employee members of our Board of Directors.

The annual Board of Director unvested stock award, which is administered under the terms of the Franklin Covey Co. Second Amended and Restated 1992 Stock Incentive Plan, is designed to provide our non-employee directors, who are not eligible to participate in our employee stock incentive plan, an opportunity to obtain an interest in the Company through the acquisition of shares of our common stock. Each eligible director is entitled to receive a whole-share grant equal to $50,000 with a one-year vesting period, which is generally granted in January (following the Annual Shareholders’ Meeting) of each year. Shares granted under the terms of this annual award are ineligible to be voted or participate in any common stock dividends until they are vested.

Under the terms of this award, we issued 37,975 shares, 37,960 shares, and 61,064 shares of our common stock to eligible members of the Board of Directors during the fiscal years ended August 31, 2012, 2011, and 2010. The fair value of the shares awarded to the directors was approximately $0.3 million for each fiscal year as calculated on the grant date of the award. The corresponding compensation cost is being recognized over the vesting period of the awards, which is one year. The cost of the common stock issued from treasury for these awards was $0.5 million, $0.6 million, and $0.9 million in fiscal years 2012, 2011, and 2010.

The following information applies to our unvested stock awards for the fiscal year ended August 31, 2012:



			Weighted-
			Average Grant-
			Date Fair
	Number of		Value Per
	Shares		Share
Unvested stock awards at
August 31, 2011	37,960	$	8.43
Granted	37,975		9.39
Forfeited	-		-
Vested	(37,960)		8.43
Unvested stock awards at
August 31, 2012	37,975	$	9.39

A fiscal 2011 award for 24,045 shares that was previously included in the unvested share award table was subsequently determined to be a performance award. Therefore, discussion of these shares is included in the performance awards section above. There was no impact on the compensation expense recognized for this award. At August 31, 2012, there was $0.1 million of unrecognized compensation cost related to unvested stock awards, which is expected to be recognized over the weighted-average vesting period of approximately three months. The total recognized tax benefit from unvested stock awards totaled $0.1 million, $0.1 million, and $0.2 million for the fiscal years ended August 31, 2012, 2011, and 2010, respectively. The intrinsic value of our unvested stock awards at August 31, 2012 was $0.4 million.

Fully Vested Stock Awards

During fiscal 2011, the Compensation Committee approved two fully vested share awards. The fair value of these fully vested share awards is calculated by multiplying the number of shares awarded by the closing price of the Company’s common share price on the date of grant.

Executive Leadership Award – During fiscal 2011, the Compensation Committee approved a share-based award for three members of our executive team for strong financial performance during the fiscal year. The target award totaled 72,134 shares of which 48,049 shares were approved and granted as fully vested shares (the remaining shares were issued as unvested awards—refer to the discussion above). The resulting share-based compensation expense of $0.5 million was recorded on the date of grant.

Client Partner and Consultant Award – During fiscal 2011 we implemented a new fully vested share-based award program that is designed to reward client partners and consultants for exceptional performance. The program grants 2,000 shares of common stock to each client partner or consultant who has sold over $20.0 million in cumulative sales or delivered over 1,500 hours of consulting during their career. For the year ended August 31, 2012, three individuals qualified for the award and 6,000 shares of our common stock were awarded to these individuals. In fiscal 2011, eight individuals qualified for the award and 16,000 shares in total were subsequently issued to these individuals. Accordingly, we expensed $0.1 million of share-based compensation cost for these awards during the fiscal years ended August 31, 2012 and August 31, 2011. We anticipate that only a limited number of client partners or consultants may qualify for this award in future years. Due to the immateriality of expected awards in future periods, we did not record an obligation for future awards at August 31, 2012 or August 31, 2011.

Employee Stock Purchase Plan

The Company has an employee stock purchase plan (ESPP) that offers qualified employees the opportunity to purchase shares of our common stock at a price equal to 85 percent of the average fair market value of our common stock on the last trading day of each quarter. A total of 55,423 shares, 49,962 shares, and 56,475 shares were issued to ESPP participants during the fiscal years ended August 31, 2012, 2011, and 2010, which had a corresponding cost basis of $0.8 million, $0.7 million, and $0.8 million, respectively. The Company received cash proceeds from the ESPP participants totaling $0.4 million in fiscal 2012 and $0.3 million in each of the fiscal years 2011 and 2010.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 50
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 40
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 14

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 64, 65, A240
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 93-6
-Paragraph 53
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Sale Of Japan Product Sales Operation

12 Months Ended

Aug. 31, 2012

Sale Of Japan Product Sales Operation [Abstract]

Sale Of Japan Product Sales Operation

13.SALE OF JAPAN PRODUCT SALES OPERATION

During fiscal 2010, we sold the product sales component of our wholly owned subsidiary in Japan to Nakabayashi Co. Ltd., an unrelated Japan-based paper products company. The sale included the disposition of inventories, certain intangibles assets (including customer lists), and other current assets, which had an aggregate carrying value of $2.0 million. The sale closed on June 1, 2010 and the total sale price was JPY 305.0 million, or approximately $3.4 million. We recognized a pre-tax gain from the sale totaling $1.1 million after normal transaction costs. In addition, the sale agreement provides for a three percent passive royalty on annual sales, which is insignificant to our operations. The sale of this division was designed to further align our Japanese operations with our overall strategic focus on training and consulting sales. The Japan products sales component was previously reported as a part of our international operations.

We determined that the operating results of the Japan product sales component qualify for discontinued operations presentation and we have presented the operating results of the Japan product sales component as discontinued operations for all periods presented in this report. The income recognized from discontinued operations was comprised of the following in fiscal 2010 (in thousands):



AUGUST 31,		2010
Sales	$	5,097
Gross profit		2,230
Income before income taxes		988
Income tax provision		(440)
Income from discontinued
operations, net of tax		548

- Definition

The entire disclosure for the facts and circumstances leading to the completed or expected disposal, manner and timing of disposal, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the segment in which the disposal group was reported, and the classification (whether sold or classified as held for sale) and carrying value of the assets and liabilities comprising the disposal group. Includes all disposal groups, including those classified as components of the entity (discontinued operations).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1436-107760

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1510-107760

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1474-107760

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e1020-107759

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e957-107759

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e1012-107759

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 45
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=8077374&loc=d3e2443-110228

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2941-110230

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 43-48
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Employee Benefit Plans	12 Months Ended
Employee Benefit Plans	Aug. 31, 2012
Employee Benefit Plans [Abstract]
Employee Benefit Plans	14. EMPLOYEE BENEFIT PLANS Profit Sharing Plans We have defined contribution profit sharing plans for our employees that qualify under Section 401(k) of the Internal Revenue Code. These plans provide retirement benefits for employees meeting minimum age and service requirements. Qualified participants may contribute up to 75 percent of their gross wages, subject to certain limitations. These plans also provide for matching contributions to the participants that are paid by the Company. The matching contributions, which were expensed as incurred, totaled $1.2 million, $1.2 million, and $0.9 million during the fiscal years ended August 31, 2012, 2011, and 2010. We do not sponsor or participate in any defined benefit pension plans. Deferred Compensation Plan We have a non-qualified deferred compensation (NQDC) plan that provided certain key officers and employees the ability to defer a portion of their compensation until a later date. Deferred compensation amounts used to pay benefits were held in a “rabbi trust,” which invested in insurance contracts, various mutual funds, and shares of our common stock as directed by the plan participants. However, due to legal changes resulting from the American Jobs Creation Act of 2004, we determined to cease compensation deferrals to the NQDC plan after December 31, 2004. Following the cessation of deferrals to the NQDC plan, the number of participants remaining in the plan declined steadily, and our Board of Directors decided to partially terminate the NQDC plan. Following this decision, all of the plan’s assets were liquidated, the plan’s liabilities were paid, and the only remaining items in the NQDC plan are shares of our common stock owned by the remaining plan participants. At August 31, 2012 and 2011, the cost basis of the shares of our common stock held by the rabbi trust was $0.4 million.

Income Taxes

12 Months Ended

Aug. 31, 2012

Income Taxes [Abstract]

Income Taxes

15. INCOME TAXES

The provision (benefit) for income taxes from continuing operations consisted of the following (in thousands):



YEAR ENDED
AUGUST 31,		2012		2011		2010
Current:
Federal	$	-	$	-	$	(454)
State		228		204		16
Foreign		2,553		1,643		1,555
		2,781		1,847		1,117

Deferred:
Federal		1,311		(430)		1,254
State		(3)		(149)		(43)
Foreign		(269)		45		(488)
Benefit of foreign tax credit
carryforward		(2,677)		(3,788)		-
Utilization of net loss carryforwards		4,763		6,012		468
Provision resulting from the allocation
of certain tax items directly to
contributed capital		-		102		176
		3,125		1,792		1,367
	$	5,906	$	3,639	$	2,484

The allocation of total income tax provision (benefit) is as follows (in thousands):



YEAR ENDED
AUGUST 31,		2012		2011		2010
Continuing operations	$	5,906	$	3,639	$	2,484
Other comprehensive income		(73)		310		(229)
Discontinued operations		-		-		440
Gain on sale of discontinued		-
operations		-		-		854
	$	5,833	$	3,949	$	3,549

Income from continuing operations before income taxes consisted of the following (in thousands):



YEAR ENDED
AUGUST 31,		2012		2011		2010
United States	$	11,006	$	7,438	$	1,127
Foreign		2,741		1,008		53
	$	13,747	$	8,446	$	1,180

The differences between income taxes at the statutory federal income tax rate and income taxes from continuing operations reported in our consolidated statements of operations were as follows:


YEAR ENDED AUGUST 31,	2012	2011	2010
Federal statutory income tax rate	35.0%	35.0%	35.0%
State income taxes, net of federal effect	2.7	3.7	1.2
Foreign jurisdictions tax differential	1.8	0.3	(4.2)
Tax differential on income subject to both U.S. and foreign taxes	(3.4)	(5.7)	140.6
Uncertain tax positions	3.2	3.7	(21.2)
Tax on management stock loan interest	2.2	3.6	25.9
Non-deductible executive compensation	1.4	1.3	26.8
Non-deductible meals and entertainment	0.9	1.5	7.4
Other	(0.8)	(0.3)	(0.9)
	43.0%	43.1%	210.6%

We paid significant amounts of withholding tax on foreign royalties during fiscal years 2012, 2011, and 2010. We also recognized taxable income on repatriated earnings from foreign income that are taxed in both foreign and domestic jurisdictions. During fiscal 2012 and fiscal 2011, we concluded that domestic foreign tax credits will be available to offset our foreign withholding taxes and U.S. taxes on foreign dividends for those years. However, for fiscal 2010 we concluded that no domestic foreign tax credits were available to offset the foreign withholding taxes and the U.S. taxes on foreign dividends.

We accrue taxable interest income on outstanding management common stock loans (Note 10). Consistent with the accounting treatment for these loans, we are not recognizing interest income for book purposes, thus resulting in a permanent book versus tax difference.

The significant components of our deferred tax assets and liabilities were comprised of the following (in thousands):



YEAR ENDED
AUGUST 31,		2012		2011
Deferred income tax assets:
Sale and financing of corporate
headquarters	$	10,953	$	11,171
Foreign income tax credit
carryforward		6,205		5,946
Deferred compensation		2,296		1,003
Bonus and other accruals		1,399		1,403
Unearned revenue		1,188		784
Inventory and bad debt reserves		746		639
Net operating loss carryforward		289		4,128
Alternative minimum tax carryforward		392		393
Investment in FC Organizational
Products		275		1,466
Sales returns and contingencies		253		248
Impairment of FC Organizational
Products note receivable		-		1,653
Impairment of investment in Franklin
Covey Coaching, LLC		-		46
Other		163		151
Total deferred income tax assets		24,159		29,031
Less: valuation allowance		-		(2,159)
Net deferred income tax assets		24,159		26,872

Deferred income tax liabilities:
Intangibles step-ups – indefinite lived		(8,667)		(8,597)
Intangibles step-ups – definite lived		(8,371)		(8,866)
Property and equipment depreciation		(4,822)		(5,430)
Intangible asset impairment and
amortization		(4,919)		(4,319)
Unremitted earnings of foreign
subsidiaries		(582)		(609)
Other		(142)		(114)
Total deferred income tax liabilities		(27,503)		(27,935)
Net deferred income taxes	$	(3,344)	$	(1,063)

Deferred income tax amounts are recorded as follows in our consolidated balance sheets (in thousands):



YEAR ENDED
AUGUST 31,		2012		2011
Current assets	$	3,634	$	3,005
Long-term assets		23		16
Long-term liabilities		(7,001)		(4,084)
Net deferred income tax liability	$	(3,344)	$	(1,063)

Federal net operating losses of $33.3 million and $21.2 million were generated in fiscal 2003 and 2004, respectively, all of which have been utilized.

In fiscal 2009, a federal net operating loss of $9.7 million was generated. During fiscal 2012, a total of $6.5 million of the fiscal 2009 loss carryforward was utilized, leaving a remaining loss carryforward from fiscal 2009 of $3.2 million, which expires on August 31, 2029. The total loss carryforward of $3.2 million includes $1.6 million of deductions applicable to additional paid-in capital that will be credited once the loss carryforward amounts are utilized.

We also have state net operating loss carryforwards generated in various state jurisdictions that expire primarily between August 31, 2013 and August 31, 2029.

Our U.S. foreign income tax credit carryforward of $2.2 million that was generated during fiscal 2002 expired on August 31, 2012. Our U.S. foreign income tax credit carryforwards generated in fiscal 2012 and fiscal 2011 of $2.7 million and $3.5 million expire on August 31, 2022 and 2021, respectively.

Valuation Allowance on Deferred Tax Assets

The foreign tax credit of $2.2 million that was generated in fiscal 2002 expired in fiscal 2012. Accordingly, the corresponding valuation allowance of $2.2 million previously recorded against the foreign tax credit was reversed in fiscal 2012, leaving no remaining valuation allowance against any of our deferred income tax assets at August 31, 2012. We have determined that projected future taxable income is adequate to allow for realization of all domestic deferred tax assets. We considered sources of taxable income, including future reversals of taxable temporary differences, future taxable income exclusive of reversing temporary differences and carryforwards, and reasonable, practical tax-planning strategies to generate additional taxable income. Based on the factors described above, we concluded that realization of all our domestic deferred tax assets is more likely than not at August 31, 2012.

The table below presents the pre-tax book income, significant book versus tax differences, and taxable income for the years ended August 31, 2012, 2011, and 2010 (in thousands).



YEAR ENDED
AUGUST 31,		2012		2011		2010
Domestic pre-tax book income	$	11,006	$	7,438	$	1,745
Share-based compensation		3,405		1,700		359
Actual and deemed foreign dividends		2,484		5,409		2,502
Property and equipment depreciation
and dispositions		1,664		1,766		1,482
Unearned revenue		1,057		37		1,534
Interest on management common
stock loans		870		376		313
Disallowed executive compensation		549		537		755
Changes in accrued liabilities		88		1,091		(724)
Impairment of note receivable from
FC Organizational Products		(4,667)		390		315
Taxable losses from FC Organizational
Products		(2,916)		(748)		(3,073)
Amortization/write-off of intangible
assets		(92)		(1,274)		(617)
Deduction for foreign income taxes		-		-		(1,272)
Sale of corporate headquarters campus		(822)		(683)		(585)
Other book versus tax differences		(30)		281		232
	$	12,596	$	16,320	$	2,966

Uncertain Tax Positions

A reconciliation of the beginning and ending amount of gross unrecognized tax benefits is as follows (in thousands):



YEAR ENDED
AUGUST 31,		2012		2011		2010
Beginning balance	$	3,703	$	3,940	$	4,225
Additions based on tax positions
related to the current year		297		6		46
Additions for tax positions in
prior years		327		384		173
Reductions for tax positions of prior
years resulting from the lapse of
applicable statute of limitations		-		-		(425)
Other reductions for tax positions of
prior years		(115)		(627)		(79)
Ending balance	$	4,212	$	3,703	$	3,940

The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate is $3.1 million and $2.8 million at August 31, 2012 and 2011. Included in the ending balance of gross unrecognized tax benefits is $3.2 million related to individual states’ net operating loss carryforwards. Interest and penalties related to uncertain tax positions are recognized as components of income tax expense. The net accruals and reversals of interest and penalties increased income tax expense by $0.1 million in fiscal 2012, increased income tax expense by an insignificant amount in fiscal 2011, and decreased income tax expense by $0.1 million in fiscal 2010. The balance of interest and penalties included on our consolidated balance sheets at August 31, 2012 and 2011 was $0.2 million and $0.1 million, respectively. We expect an increase of $0.3 million in our unrecognized tax benefits over the next twelve months, primarily related to the utilization of individual states’ net operating loss carryforwards.

We file United States federal income tax returns as well as income tax returns in various states and foreign jurisdictions. The tax years that remain subject to examinations for our major tax jurisdictions are shown below. Additionally, any net operating losses that were generated in prior years and utilized in these years may be subject to examination.

2005-2012	Canada
2006-2012	Australia
2007-2012	Japan, United Kingdom
2008-2012	United States – state and local income tax
2009-2012	United States – federal income tax

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

+ Details

Earnings Per Share

12 Months Ended

Aug. 31, 2012

Earnings Per Share [Abstract]

Earnings Per Share

16.EARNINGS PER SHARE

Basic earnings per common share (EPS) is calculated by dividing net income or loss by the weighted-average number of common shares outstanding for the period. Diluted EPS is calculated by dividing net income or loss by the weighted-average number of common shares outstanding plus the assumed exercise of all dilutive securities using the treasury stock method or the “if converted” method, as appropriate. Due to modifications to our management stock loan program in prior periods, we determined that the shares of management stock loan participants that were placed in the escrow account are participating securities because they continue to have equivalent common stock dividend rights. Accordingly, these management stock loan shares are included in our basic EPS calculation during periods of net income and excluded from the basic EPS calculation in periods of net loss. The following table presents the computation of our EPS for the periods indicated (in thousands, except per share amounts):



YEAR ENDED
AUGUST 31,		2012		2011		2010
Numerator for basic and
diluted earnings per share:
Income (loss) from continuing
operations	$	7,841	$	4,807	$	(1,304)
Income from discontinued
operations, net of tax		-		-		548
Gain on sale of discontinued
operations, net of tax		-		-		238
Net income (loss)	$	7,841	$	4,807	$	(518)

Denominator for basic and
diluted earnings per share:
Basic weighted average shares
outstanding⁽¹⁾		17,772		17,106		13,525
Effect of dilutive securities:
Stock options and other
share-based awards		71		42		-
Common stock warrants⁽²⁾		517		399		-
Diluted weighted average shares
outstanding		18,360		17,547		13,525

EPS Calculations:
Income (loss) from continuing
operations per share:
Basic	$	0.44	$	0.28	$	(0.10)
Diluted		0.43		0.27		(0.10)

Income from discontinued
operations, net of tax, per share:
Basic and diluted		-		-		0.04

Gain on sale of discontinued
operations, net of tax, per share:
Basic and diluted		-		-		0.02

Net income (loss) per share:
Basic		0.44		0.28		(0.04)
Diluted		0.43		0.27		(0.04)

⁽¹⁾

⁽²⁾	For the fiscal year ended August 31, 2010, the conversion of 6.2 million common stock warrants is not assumed because such conversion would be anti-dilutive.

At August 31, 2012, 2011, and 2010, we had 0.7 million, 0.7 million, and 0.5 million stock options outstanding (Note 12) that were not included in the calculation of diluted weighted average shares outstanding for those periods because the options’ exercise prices were greater than the average market price of our common stock or the options were otherwise unexerciseable. We also have 4.3 million common stock warrants outstanding at August 31, 2012 that have an exercise price of $8.00 per share (Note 9). These warrants, which expire in March 2013, and unexercisable stock options described above will have a more pronounced dilutive impact on our EPS calculation in future periods if the market price of our common stock increases.

Segment Information

12 Months Ended

Aug. 31, 2012

Segment Information [Abstract]

Segment Information

17. SEGMENT INFORMATION

Operating Segment Information

Our sales are primarily comprised of training and consulting sales and related products. Based on the consistent nature of our services and products and the types of customers for these services, we function as a single operating segment. However, to improve comparability with previous periods, operating information for our U.S./Canada, international, and corporate services operations is presented below. Our U.S./Canada operations are responsible for the sale and delivery of our training and consulting services in the United States and Canada. Our international sales group includes the financial results of our foreign offices and royalty revenues from licensees. Our corporate services information includes leasing income and certain corporate operating expenses.

The Company’s chief operating decision maker is the CEO, and the primary measurement tool used in business unit performance analysis is adjusted earnings before interest, taxes, depreciation, and amortization (Adjusted EBITDA), which may not be calculated as similarly titled amounts calculated by other companies. For segment reporting purposes, our consolidated Adjusted EBITDA can be calculated as our income or loss from operations excluding share-based compensation, severance, depreciation expense, amortization expense, and certain other charges.

In the normal course of business, we may make structural and cost allocation revisions to our segment information to reflect new reporting responsibilities within the organization. During the fourth quarter of fiscal 2010, we sold the products division of our wholly owned subsidiary in Japan (Note 13). We determined that the operating results of the Japan products division should be presented as discontinued operations and we have excluded the operating results of this discontinued operation from the following table. All prior period segment information has been revised to conform to the most recent classifications and organizational changes. We account for our segment information on the same basis as the accompanying consolidated financial statements.

ENTERPRISE INFORMATION



		Sales to
Fiscal Year Ended		External				Adjusted						Segment		Capital
August 31, 2012		Customers		Gross Profit		EBITDA		Depreciation		Amortization		Assets		Expenditures

U.S./Canada	$	125,183	$	78,618	$	15,144	$	1,436	$	2,483	$	74,387	$	3,934
International		42,052		32,616		16,874		365		16		12,436		289
Total		167,235		111,234		32,018		1,801		2,499		86,823		4,223
Corporate and eliminations		3,221		1,449		(4,962)		1,341		-		77,257		507
Consolidated	$	170,456	$	112,683	$	27,056	$	3,142	$	2,499	$	164,080	$	4,730

Fiscal Year Ended
August 31, 2011

U.S./Canada	$	118,420	$	71,782	$	12,947	$	1,722	$	3,525	$	76,152	$	4,020
International		40,011		31,037		15,068		436		15		10,902		938
Total		158,431		102,819		28,015		2,158		3,540		87,054		4,958
Corporate and eliminations		2,373		655		(6,858)		1,409		-		64,373		507
Consolidated	$	160,804	$	103,474	$	21,157	$	3,567	$	3,540	$	151,427	$	5,465

Fiscal Year Ended
August 31, 2010

U.S./Canada	$	98,344	$	60,367	$	7,956	$	1,825	$	3,746	$	74,527	$	1,966
International		35,309		27,148		10,456		352		14		13,205		86
Total		133,653		87,515		18,412		2,177		3,760		87,732		2,052
Corporate and eliminations		3,221		1,556		(3,972)		1,492		-		61,273		60
Consolidated	$	136,874	$	89,071	$	14,440	$	3,669	$	3,760	$	149,005	$	2,112

Capital expenditures in the U.S./Canada segment include $2.1 million, $3.1 million, and $0.7 million of spending on capitalized curriculum during the fiscal years ended August 31, 2012, 2011 and 2010.

A reconciliation of enterprise Adjusted EBITDA to consolidated income from continuing operations before taxes is provided below (in thousands):



YEAR ENDED
AUGUST 31,		2012		2011		2010
Enterprise Adjusted EBITDA	$	32,018	$	28,015	$	18,412
Corporate expenses		(4,962)		(6,858)		(3,972)
Consolidated Adjusted EBITDA		27,056		21,157		14,440
Share-based compensation		(3,835)		(2,788)		(1,099)
Severance costs		-		(150)		(920)
Other		-		-		(954)
Depreciation		(3,142)		(3,567)		(3,669)
Amortization		(2,499)		(3,540)		(3,760)
Consolidated income from
operations		17,580		11,112		4,038
Interest income		18		21		34
Interest expense		(2,482)		(2,687)		(2,892)
Discount on related party receivable		(1,369)		-		-
Income from continuing operations
before income taxes	$	13,747	$	8,446	$	1,180

Interest expense and interest income are primarily generated at the corporate level and are not allocated. Income taxes are likewise calculated and paid on a corporate level (except for entities that operate in foreign jurisdictions) and are not allocated for analysis purposes.

Corporate assets, such as cash, accounts receivable, and other assets are not generally allocated for business analysis purposes. However, inventories, intangible assets, goodwill, identifiable fixed assets, and certain other assets are allocated for analysis purposes. A reconciliation of enterprise assets to consolidated assets is as follows (in thousands):



AUGUST 31,		2012		2011		2010
Reportable unit assets	$	86,823	$	87,054	$	87,732
Corporate assets		77,323		64,421		61,323
Intercompany accounts receivable		(66)		(48)		(50)
	$	164,080	$	151,427	$	149,005

Enterprise-Wide Information

Our revenues are derived primarily from the United States. However, we also operate wholly-owned offices or contract with licensees to provide products and services in various countries throughout the world. Our consolidated revenues from continuing operations were derived from the following countries (in thousands):



YEAR ENDED
AUGUST 31,		2012		2011		2010
United States	$	121,328	$	115,709	$	97,286
Japan		19,440		17,263		13,935
Canada		8,574		7,080		6,157
United Kingdom		5,341		5,143		5,751
Australia		3,992		5,058		4,545
China/Singapore		2,512		2,185		1,900
Mexico/Central America		913		837		590
Indonesia		705		610		461
Thailand		693		729		505
Denmark/Scandanavia		660		725		568
Korea		607		861		1,028
India		576		515		422
Brazil		509		567		460
Malaysia		458		429		362
Others		4,148		3,093		2,904
	$	170,456	$	160,804	$	136,874

During fiscal 2011, we recognized $16.8 million in sales from our contracts with a division of the United States federal government, which was more than ten percent of our consolidated revenues for the year. In fiscal years 2012 and 2010, there were no customers that accounted for more than ten percent of our consolidated revenues. At August 31, 2012 and 2011 we had $7.6 million and $6.9 million receivable from these government contracts that were included in our consolidated accounts receivable.

At August 31, 2012, we had sales offices in Australia, Japan, and the United Kingdom. Our long-lived assets were held in the following locations for the periods indicated (in thousands):



AUGUST 31,		2012		2011		2010
United States/Canada	$	98,211	$	97,455	$	96,512
Japan		1,359		1,690		1,962
United Kingdom		199		100		145
Australia		116		126		108
	$	99,885	$	99,371	$	98,727

Inter-segment sales were immaterial and were eliminated in consolidation.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 35
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 29
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 131
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Related Party Transactions	12 Months Ended
Related Party Transactions	Aug. 31, 2012
Related Party Transactions [Abstract]
Related Party Transactions	18.RELATED PARTY TRANSACTIONS CoveyLink Acquisition Effective December 31, 2008, we acquired the assets of CoveyLink Worldwide, LLC (CoveyLink). CoveyLink conducts seminars and training courses and provides consulting based upon the book The Speed of Trust by Stephen M.R. Covey, who is the son of our former Vice Chairman of the Board of Directors and the brother of one of our officers. We accounted for the acquisition of CoveyLink using the guidance found in Statement of Financial Accounting Standards No. 141, Business Combinations. The purchase price was $1.0 million in cash plus or minus an adjustment for specified working capital and the costs necessary to complete the transaction, which resulted in a total initial purchase price of $1.2 million. The previous owners of CoveyLink, which includes Stephen M.R. Covey, are also entitled to earn annual contingent payments based upon earnings growth over the next five years. During the fiscal years ended August 31, 2011 and August 31, 2010, we paid $5.4 million and $3.3 million in cash to the former owners of CoveyLink for the first two of five potential annual contingent payments. The annual contingent payments are based on earnings growth over the specified earnings period and were classified as goodwill in our consolidated balance sheets. Based on the earnings of CoveyLink during the third earnout period, we did not make a contingent earnout payment in fiscal 2012. Prior to the acquisition date, CoveyLink had granted a non-exclusive license to the Company related to The Speed of Trust book and related training courses for which we paid CoveyLink specified royalties. As part of the CoveyLink acquisition, an amended and restated license of intellectual property was signed that granted us an exclusive, perpetual, worldwide, transferable, royalty-bearing license to use, reproduce, display, distribute, sell, prepare derivative works of, and perform the licensed material in any format or medium and through any market or distribution channel. We are required to pay Stephen M.R. Covey royalties for the use of certain intellectual property developed by him. The amount expensed for these royalties totaled $1.2 million, $1.1 million, and $1.1 million during the fiscal years ended August 31, 2012, 2011, and 2010, respectively. As part of the acquisition of CoveyLink, we signed an amended license agreement as well as a speaker services agreement. Based on the provisions of the speakers’ services agreement, we pay the son of the former Vice-Chairman a portion of the speaking revenues received for his presentations. We expensed $0.9 million, $1.0 million, and $0.8 million for payment from these presentations during fiscal years 2012, 2011 and 2010. We had $0.1 million and $0.3 million accrued for these speaking fees at August 31, 2012 and 2011, which were included in accrued liabilities in our consolidated balance sheets. FC Organizational Products During the fourth quarter of fiscal 2008, we joined with Peterson Partners to create a new company, FC Organizational Products, LLC (FCOP). This new company purchased substantially all of the assets of our consumer solutions business unit with the objective of expanding the worldwide sales of FCOP as governed by a comprehensive license agreement between us and FCOP. On the date of the sale closing, we invested approximately $1.8 million to purchase a 19.5 percent voting interest in FCOP, and made a $1.0 million priority capital contribution with a 10 percent return. At the time of the transaction, we determined that FCOP was not a variable interest entity. As a result of FCOP’s structure as a limited liability company with separate owner capital accounts, we determined that our investment in FCOP is more than minor and that we are required to account for our investment in FCOP using the equity method of accounting. Historically, we have recorded our share of FCOP’s profit and loss based upon specified allocations as defined in the associated operating agreement. However, we have not recorded our share of FCOP’s losses in the accompanying consolidated statements of operations because we have impaired and written off investment balances, as defined within the applicable accounting guidance, in previous periods in excess of our share of FCOP’s losses through August 31, 2012. Based on changes to FCOP’s debt agreements and certain other factors in fiscal 2012, we reconsidered whether FCOP was a variable interest entity as defined under ASC 810, and determined that FCOP was a variable interest entity. Although the changes to the debt agreements did not modify the governing documents of FCOP, the changes were substantial enough to raise doubts regarding the sufficiency of FCOP’s equity investment at risk. We further determined that we are not the primary beneficiary of FCOP because we do not have the ability to direct the activities that most significantly impact FCOP’s economic performance, which primarily consist of the day-to-day sale of planning products and related accessories, and we do not have obligation to absorb losses or the right to receive benefits from FCOP that could potentially be significant. Our voting rights and management board representation approximate our ownership interest and we are unable to exercise control through voting interests or through other means. Our primary exposures related to FCOP at August 31, 2012 are from amounts owed to us by FCOP. We receive reimbursement from FCOP for certain operating costs, such as warehousing and distribution costs, which are billed to us by third party providers. The operations of FCOP are primarily financed by the sale of planning products and accessories in the normal course of business. Due to the settlement of litigation during fiscal 2012 (Note 8), the amount of cash we received from FCOP was reduced from previous forecasts and our receivable balance from FCOP increased during fiscal 2012. In addition, while we are not contractually obligated by the governing documents to fund the losses or make advances to FCOP, we have provided working capital and other advances to FCOP during fiscal 2012. We believe that our extension of credit to FCOP will allow them the opportunity to improve operational results and repay amounts owed to us, including amounts that were previously written off. In the fourth quarter of fiscal 2012, we received revised information from FCOP regarding scheduled repayments to us and we reclassified a portion of the FCOP receivable to long-term assets and recorded a discount charge of $1.4 million to reduce the long-term receivable to its estimated present value at August 31, 2012. We discounted the long-term portion of the receivable at 15 percent, which was the estimated risk-adjusted borrowing rate of FCOP at August 31, 2012. This rate was based on a variety factors including, but not limited to, current market interest rates for various qualities of comparable debt, discussions with FCOP’s lenders, and an evaluation of the realizability of FCOP’s future cash flows. Based on improved operating results at FCOP during calendar 2012 and their forecasted cash flows in future periods, we believe that we will collect amounts receivable from FCOP and the discount will be recovered as interest income in future periods. However, the failure of FCOP to pay us for these receivables may have an adverse impact on our liquidity, financial position, and cash flows in future periods. At August 31, 2012 and 2011, we had $7.1 million and $5.7 million receivable from FCOP, which have been classified in current assets and long-term assets in our consolidated balance sheets based on expected payment dates. We also owed FCOP $0.1 million and $1.2 million at August 31, 2012 and 2011 for items purchased in the ordinary course of business. These liabilities were classified in accounts payable in the accompanying consolidated balance sheets. Other Related Party Transactions We paid the former Vice-Chairman of the Board of Directors a percentage of the proceeds received for seminars that he presented. However, the former Vice-Chairman retired from speaking engagements in late fiscal 2011 and did not deliver any speeches during fiscal 2012. During fiscal 2011, we expensed charges totaling $0.9 million. We also paid the former Vice-Chairman a percentage of the royalty proceeds received from the sale of certain books that were authored by him. During fiscal 2012, 2011, and 2010, we expensed $0.8 million, $0.3 million, and approximately $50,000 for royalties to the former Vice-Chairman under these agreements. At August 31, 2012 and 2011, we had accrued $1.4 million and $1.7 million for payment to the estate of the former Vice-Chairman under the forgoing agreements. These amounts were included as a component of accrued liabilities in our consolidated balance sheets. We pay a son of the former Vice-Chairman of the Board of Directors, who is also an officer of the Company, a percentage of the royalty proceeds received from the sales of certain books authored by him. During the fiscal years ended August 31, 2012, 2011, and 2010, we expensed $0.2 million, $0.1 million, and $0.2 million for these royalties and had $0.1 million accrued at August 31, 2012 and 2011 as payable under the terms of these arrangements. These amounts are included in accrued liabilities in our consolidated balance sheets.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39603-107864

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39622-107864

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39678-107864

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(k))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph b
-Article 3A

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph k
-Article 4

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 57
-Paragraph 1-4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Nature Of Operations And Summary Of Significant Accounting Policies (Policy)

12 Months Ended

Aug. 31, 2012

Nature Of Operations And Summary Of Significant Accounting Policies [Abstract]

Fiscal Year

Basis Of Presentation

Basis of Presentation

Pervasiveness Of Estimates

Pervasiveness of Estimates

Cash and Cash Equivalents

Inventories



AUGUST 31,		2012		2011
Finished goods	$	4,028	$	4,158
Raw materials		133		143
	$	4,161	$	4,301

Property And Equipment

Property and Equipment

Description	Useful Lives
Buildings	20 years
Machinery and equipment	3-7 years
Computer hardware and software	3-5 years
Furniture, fixtures, and leasehold improvements	5-8 years

Impairment Of Long-Lived Assets

Impairment of Long-Lived Assets

Indefinite-Lived Intangible Assets And Goodwill

Indefinite-Lived Intangible Assets and Goodwill

Capitalized Curriculum Development Costs

Accrued Liabilities

Significant components of our accrued liabilities were as follows (in thousands):


AUGUST 31,		2012		2011
Accrued compensation	$	9,549	$	7,854
Unearned revenue		4,780		4,710
Intellectual property royalties		1,907		1,702
Customer credits		1,421		2,341
Other accrued liabilities		6,873		6,206
	$	24,530	$	22,813

Foreign Currency Translation And Transactions

Foreign Currency Translation and Transactions

Derivative Instruments

Sales Taxes

Revenue Recognition

Revenue is recognized as the net amount to be received after deducting estimated amounts for discounts and product returns.

Share-Based Compensation

Shipping And Handling Fees And Costs

Shipping and Handling Fees and Costs

All shipping and handling fees billed to customers are recorded as a component of net sales. All costs incurred related to the shipping and handling of products are recorded in cost of sales.

Advertising Costs

Income Taxes

We provide for income taxes, net of applicable foreign tax credits, on temporary differences in our investment in foreign subsidiaries, which consist primarily of unrepatriated earnings.

Comprehensive Income

Nature Of Operations And Summary Of Significant Accounting Policies (Tables)

12 Months Ended

Aug. 31, 2012

Nature Of Operations And Summary Of Significant Accounting Policies [Abstract]

Components Of Inventories



AUGUST 31,		2012		2011
Finished goods	$	4,028	$	4,158
Raw materials		133		143
	$	4,161	$	4,301

Useful Life Of Property And Equipment

Description	Useful Lives
Buildings	20 years
Machinery and equipment	3-7 years
Computer hardware and software	3-5 years
Furniture, fixtures, and leasehold improvements	5-8 years

Accrued Liabilities


AUGUST 31,		2012		2011
Accrued compensation	$	9,549	$	7,854
Unearned revenue		4,780		4,710
Intellectual property royalties		1,907		1,702
Customer credits		1,421		2,341
Other accrued liabilities		6,873		6,206
	$	24,530	$	22,813

Trade Accounts Receivable (Tables)

12 Months Ended

Aug. 31, 2012

Trade Accounts Receivable [Abstract]

Activity In Allowance For Doubtful Accounts



YEAR ENDED
AUGUST 31,		2012		2011		2010
Beginning balance	$	798	$	718	$	879
Charged to costs and expenses		224		188		402
Deductions		(171)		(108)		(563)
Ending balance	$	851	$	798	$	718

Property And Equipment (Tables)

12 Months Ended

Aug. 31, 2012

Property And Equipment [Abstract]

Property And Equipment



AUGUST 31,		2012		2011
Land and improvements	$	1,312	$	1,312
Buildings		31,556		31,556
Machinery and equipment		2,295		2,184
Computer hardware and software		19,792		18,747
Furniture, fixtures, and leasehold
improvements		11,635		11,408
		66,590		65,207
Less accumulated depreciation		(48,094)		(46,064)
	$	18,496	$	19,143

Intangible Assets And Goodwill (Tables)

12 Months Ended

Aug. 31, 2012

Intangible Assets And Goodwill [Abstract]

Intangible Assets



		Gross Carrying		Accumulated		Net Carrying
AUGUST 31, 2012		Amount		Amortization		Amount
Definite-lived intangible assets:
License rights	$	27,000	$	(13,041)	$	13,959
Acquired curriculum		58,284		(36,052)		22,232
Customer lists		15,111		(15,097)		14
Trade names		377		(377)		-
		100,772		(64,567)		36,205
Indefinite-lived intangible asset:
Covey trade name		23,000		-		23,000
	$	123,772	$	(64,567)	$	59,205

AUGUST 31, 2011
Definite-lived intangible assets:
License rights	$	27,000	$	(12,103)	$	14,897
Acquired curriculum		58,285		(34,524)		23,761
Customer lists		15,111		(15,066)		45
Trade names		377		(377)		-
		100,773		(62,070)		38,703
Indefinite-lived intangible asset:
Covey trade name		23,000		-		23,000
	$	123,773	$	(62,070)	$	61,703

Range Of Remaining Estimated Useful Lives And Weighted-Average Amortization


Category of Intangible Asset	Range of Remaining Estimated Useful Lives	Weighted Average Amortization Period

License rights	14 years	30 years
Curriculum	2 to 14 years	26 years
Customer lists	Less than one year	14 years

Consolidated Goodwill



Balance at August 31, 2010	$	3,761
Contingent earnout payment from
CoveyLink acquisition		5,411
Impairments		-
Balance at August 31, 2011	$	9,172
Contingent earnout payment from
CoveyLink acquisition		-
Impairments		-
Balance at August 31, 2012	$	9,172

Amortization Expense For Intangible Assets Over The Next Five Years



YEAR ENDING
AUGUST 31,
2013	$	2,471
2014		2,446
2015		2,443
2016		2,443
2017		2,443

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References + Details

Financing Obligation (Tables)

12 Months Ended

Aug. 31, 2012

Commitments and Contingencies Disclosure [Abstract]

Financing Obligation



AUGUST 31,		2012		2011
Financing obligation payable in
monthly installments of $269 at
August 31, 2012, including
principal and interest, with two
percent annual increases
(imputed interest at 7.7%),
through June 2025	$	29,507	$	30,364
Less current portion		(992)		(857)
Total financing obligation,
less current portion	$	28,515	$	29,507

Future Principal Maturities



YEAR ENDING
AUGUST 31,
2013	$	992
2014		1,139
2015		1,298
2016		1,473
2017		1,662
Thereafter		22,943
	$	29,507

Future Minimum Payments Under The Financing Obligation



YEAR ENDING
AUGUST 31,
2013	$	3,242
2014		3,307
2015		3,373
2016		3,440
2017		3,509
Thereafter		29,909
Total future minimum financing
obligation payments		46,780
Less interest		(18,585)
Present value of future minimum
financing obligation payments	$	28,195

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 22
-Article 5

+ Details

Operating Leases (Tables)

12 Months Ended

Aug. 31, 2012

Operating Leases [Abstract]

Future Minimum Lease Payments Under Operating Lease Agreements And The Lease Amounts Receivable



		Required		Receivable		Net Required
		Minimum		from FC		Minimum
YEAR ENDING		Lease		Organizational		Lease
AUGUST 31,		Payments		Products		Payments
2013	$	1,872	$	(529)	$	1,343
2014		1,549		(584)		965
2015		1,405		(632)		773
2016		1,136		(535)		601
2017		225		-		225
Thereafter		688		-		688
	$	6,875	$	(2,280)	$	4,595

Future Minimum Lease Payments Due To Company



YEAR ENDING
AUGUST 31,
2013	$	3,999
2014		2,443
2015		2,288
2016		1,815
2017		969
Thereafter		6,479
	$	17,993

- Definition

Tabular disclosure of a lessee's leasing arrangements including: (1) the basis on which contingent rental payments are determined, (2) the existence and terms of renewal or purchase options and escalation clauses, (3) restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, (4) rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions. Disclosure may also include the specific period used to amortize material leasehold improvements made at the inception of the lease or during the lease term. Additionally, for operating leases having initial or remaining noncancelable lease terms in excess of one year: (a) future minimum rental payments required as of the date of the latest balance sheet presented, in the aggregate and for each of the five succeeding fiscal years, (b) the total of minimum rentals to be received in the future under noncancelable subleases as of the date of the latest balance sheet presented, and (c) for all operating leases, rental expense for each period for which an income statement is presented, with separate amounts for minimum rentals, contingent rentals, and sublease rentals. Rental payments under leases with terms of a month or less that were not renewed need not be included.

+ References + Details

- Definition

The entire disclosure for operating leases of a lessor. This may include a general description of lessor's leasing arrangements for operating leases, including the basis on which contingent rental payments are determined, the existence and terms of renewal or purchase options and escalation clauses, restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions.

+ References + Details

Commitments And Contingencies (Tables)

12 Months Ended

Aug. 31, 2012

Commitments and Contingencies Disclosure [Abstract]

Summary Of Charges To HP For Services Over The Remaining Life Of The Outsourcing Contract



		Estimated		Receivable
		Gross		from FC		Estimated Net
YEAR ENDING		Minimum and		Organizational		Minimum and
AUGUST 31,		Fixed Charges		Products		Fixed Charges
2013	$	2,232	$	(61)	$	2,171
2014		2,232		(61)		2,171
2015		2,232		(61)		2,171
2016		1,382		(51)		1,331
Thereafter		-		-		-
	$	8,078	$	(234)	$	7,844

Share-Based Compensation (Tables)

12 Months Ended

Aug. 31, 2012

Share-Based Compensation [Abstract]

Total Cost Of Share-Based Compensation



YEAR ENDED
AUGUST 31,		2012		2011		2010
Performance awards	$	3,188	$	827	$	327
Unvested share awards		340		411		458
Stock options		168		820		261
Compensation cost of the ESPP		77		61		53
Fully vested share awards		62		669		-
	$	3,835	$	2,788	$	1,099

Assumptions Used In Estimating The Fair Value Of The Market-Based Performace Award


Model Input	Fiscal 2012 Grant	Fiscal 2011 Grant
Grant date share price per share	$ 9.55	$ 11.34
Volatility	54.6%	49.83%
Dividend yield	0.0%	0.0%
Risk-free rate	0.62%	1.48%
Grant date	July 19, 2012	July 15, 2011

Stock Option Activity



				Weighted
			Weighted	Average
			Avg. Exercise	Remaining		Aggregate
	Number of		Price Per	Contractual		Intrinsic Value
	Stock Options		Share	Life (Years)		(thousands)
Outstanding at August 31, 2011	675,000	$	11.25
Granted	-		-
Exercised	-		-
Forfeited	-		-

Outstanding at August 31, 2012	675,000	$	11.25	7.8	$	287

Options vested and exercisable at
August 31, 2012	-	$	-	-	$	-

Assumptions Used To Estimate The Stated Fair Value Of The Stock Options Awarded


Model Input	Fiscal 2011 Stock Options	Fiscal 2010 Stock Options
Grant date share price per share	$ 8.43	$ 5.28
Volatility	59.02%	51.47%
Dividend yield	0.0%	0.0%
Risk-free rate	0.7%	1.57%

Fair value of award	$ 756	$ 493
Estimated time to vest (years)	0.9	1.8

Stock Options Outstanding And Exercisable



		Weighted
	Number	Average		Options
	Outstanding	Remaining	Weighted	Exercisable at	Weighted
	at August 31,	Contractual	Average	August 31,	Average
Exercise Prices	2012	Life (Years)	Exercise Price	2012	Exercise Price
$9.00	168,750	7.8	$9.00	-	$ -
$10.00	168,750	7.8	$10.00	-	-
$12.00	168,750	7.8	$12.00	-	-
$14.00	168,750	7.8	$14.00	-	-
	675,000			-

Unvested Stock Awards



			Weighted-
			Average Grant-
			Date Fair
	Number of		Value Per
	Shares		Share
Unvested stock awards at
August 31, 2011	37,960	$	8.43
Granted	37,975		9.39
Forfeited	-		-
Vested	(37,960)		8.43
Unvested stock awards at
August 31, 2012	37,975	$	9.39

Sale Of Japan Product Sales Operation (Tables)

12 Months Ended

Aug. 31, 2012

Sale Of Japan Product Sales Operation [Abstract]

Income Recognized From Discontinued Operations



AUGUST 31,		2010
Sales	$	5,097
Gross profit		2,230
Income before income taxes		988
Income tax provision		(440)
Income from discontinued
operations, net of tax		548

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

+ References + Details

Income Taxes (Tables)

12 Months Ended

Aug. 31, 2012

Income Taxes [Abstract]

The (Provision) Benefit For Income Taxes From Continuing Operations



YEAR ENDED
AUGUST 31,		2012		2011		2010
Current:
Federal	$	-	$	-	$	(454)
State		228		204		16
Foreign		2,553		1,643		1,555
		2,781		1,847		1,117

Deferred:
Federal		1,311		(430)		1,254
State		(3)		(149)		(43)
Foreign		(269)		45		(488)
Benefit of foreign tax credit
carryforward		(2,677)		(3,788)		-
Utilization of net loss carryforwards		4,763		6,012		468
Provision resulting from the allocation
of certain tax items directly to
contributed capital		-		102		176
		3,125		1,792		1,367
	$	5,906	$	3,639	$	2,484

Allocation Of Total Income Tax Benefit (Provision)



YEAR ENDED
AUGUST 31,		2012		2011		2010
Continuing operations	$	5,906	$	3,639	$	2,484
Other comprehensive income		(73)		310		(229)
Discontinued operations		-		-		440
Gain on sale of discontinued		-
operations		-		-		854
	$	5,833	$	3,949	$	3,549

Income From Continuing Operations Before Income Taxes



YEAR ENDED
AUGUST 31,		2012		2011		2010
United States	$	11,006	$	7,438	$	1,127
Foreign		2,741		1,008		53
	$	13,747	$	8,446	$	1,180

Differences Between Income Taxes At The Statutory Federal Income Tax Rate And Income Taxes From Continuing Operations


YEAR ENDED AUGUST 31,	2012	2011	2010
Federal statutory income tax rate	35.0%	35.0%	35.0%
State income taxes, net of federal effect	2.7	3.7	1.2
Foreign jurisdictions tax differential	1.8	0.3	(4.2)
Tax differential on income subject to both U.S. and foreign taxes	(3.4)	(5.7)	140.6
Uncertain tax positions	3.2	3.7	(21.2)
Tax on management stock loan interest	2.2	3.6	25.9
Non-deductible executive compensation	1.4	1.3	26.8
Non-deductible meals and entertainment	0.9	1.5	7.4
Other	(0.8)	(0.3)	(0.9)
	43.0%	43.1%	210.6%

Significant Components Of Deferred Tax Assets And Liabilities



YEAR ENDED
AUGUST 31,		2012		2011
Deferred income tax assets:
Sale and financing of corporate
headquarters	$	10,953	$	11,171
Foreign income tax credit
carryforward		6,205		5,946
Deferred compensation		2,296		1,003
Bonus and other accruals		1,399		1,403
Unearned revenue		1,188		784
Inventory and bad debt reserves		746		639
Net operating loss carryforward		289		4,128
Alternative minimum tax carryforward		392		393
Investment in FC Organizational
Products		275		1,466
Sales returns and contingencies		253		248
Impairment of FC Organizational
Products note receivable		-		1,653
Impairment of investment in Franklin
Covey Coaching, LLC		-		46
Other		163		151
Total deferred income tax assets		24,159		29,031
Less: valuation allowance		-		(2,159)
Net deferred income tax assets		24,159		26,872

Deferred income tax liabilities:
Intangibles step-ups – indefinite lived		(8,667)		(8,597)
Intangibles step-ups – definite lived		(8,371)		(8,866)
Property and equipment depreciation		(4,822)		(5,430)
Intangible asset impairment and
amortization		(4,919)		(4,319)
Unremitted earnings of foreign
subsidiaries		(582)		(609)
Other		(142)		(114)
Total deferred income tax liabilities		(27,503)		(27,935)
Net deferred income taxes	$	(3,344)	$	(1,063)

Deferred Income Tax Amounts Recorded On The Consolidated Balance Sheets



YEAR ENDED
AUGUST 31,		2012		2011
Current assets	$	3,634	$	3,005
Long-term assets		23		16
Long-term liabilities		(7,001)		(4,084)
Net deferred income tax liability	$	(3,344)	$	(1,063)

Pre-Tax Income, Significant Book Versus Tax Differences, And Taxable Income



YEAR ENDED
AUGUST 31,		2012		2011		2010
Domestic pre-tax book income	$	11,006	$	7,438	$	1,745
Share-based compensation		3,405		1,700		359
Actual and deemed foreign dividends		2,484		5,409		2,502
Property and equipment depreciation
and dispositions		1,664		1,766		1,482
Unearned revenue		1,057		37		1,534
Interest on management common
stock loans		870		376		313
Disallowed executive compensation		549		537		755
Changes in accrued liabilities		88		1,091		(724)
Impairment of note receivable from
FC Organizational Products		(4,667)		390		315
Taxable losses from FC Organizational
Products		(2,916)		(748)		(3,073)
Amortization/write-off of intangible
assets		(92)		(1,274)		(617)
Deduction for foreign income taxes		-		-		(1,272)
Sale of corporate headquarters campus		(822)		(683)		(585)
Other book versus tax differences		(30)		281		232
	$	12,596	$	16,320	$	2,966

Reconciliation Of The Beginning And Ending Amount Of Gross Unrecognized Tax Benefits



YEAR ENDED
AUGUST 31,		2012		2011		2010
Beginning balance	$	3,703	$	3,940	$	4,225
Additions based on tax positions
related to the current year		297		6		46
Additions for tax positions in
prior years		327		384		173
Reductions for tax positions of prior
years resulting from the lapse of
applicable statute of limitations		-		-		(425)
Other reductions for tax positions of
prior years		(115)		(627)		(79)
Ending balance	$	4,212	$	3,703	$	3,940

Tax Years That Remain Subject To Examinations For Major Tax Jurisdictions

2005-2012	Canada
2006-2012	Australia
2007-2012	Japan, United Kingdom
2008-2012	United States – state and local income tax
2009-2012	United States – federal income tax

Earnings Per Share (Tables)

12 Months Ended

Aug. 31, 2012

Earnings Per Share [Abstract]

Computation Of EPS



YEAR ENDED
AUGUST 31,		2012		2011		2010
Numerator for basic and
diluted earnings per share:
Income (loss) from continuing
operations	$	7,841	$	4,807	$	(1,304)
Income from discontinued
operations, net of tax		-		-		548
Gain on sale of discontinued
operations, net of tax		-		-		238
Net income (loss)	$	7,841	$	4,807	$	(518)

Denominator for basic and
diluted earnings per share:
Basic weighted average shares
outstanding⁽¹⁾		17,772		17,106		13,525
Effect of dilutive securities:
Stock options and other
share-based awards		71		42		-
Common stock warrants⁽²⁾		517		399		-
Diluted weighted average shares
outstanding		18,360		17,547		13,525

EPS Calculations:
Income (loss) from continuing
operations per share:
Basic	$	0.44	$	0.28	$	(0.10)
Diluted		0.43		0.27		(0.10)

Income from discontinued
operations, net of tax, per share:
Basic and diluted		-		-		0.04

Gain on sale of discontinued
operations, net of tax, per share:
Basic and diluted		-		-		0.02

Net income (loss) per share:
Basic		0.44		0.28		(0.04)
Diluted		0.43		0.27		(0.04)

⁽¹⁾

⁽²⁾	For the fiscal year ended August 31, 2010, the conversion of 6.2 million common stock warrants is not assumed because such conversion would be anti-dilutive.

Segment Information (Tables)

12 Months Ended

Aug. 31, 2012

Segment Information [Abstract]

Enterprise Information



		Sales to
Fiscal Year Ended		External				Adjusted						Segment		Capital
August 31, 2012		Customers		Gross Profit		EBITDA		Depreciation		Amortization		Assets		Expenditures

U.S./Canada	$	125,183	$	78,618	$	15,144	$	1,436	$	2,483	$	74,387	$	3,934
International		42,052		32,616		16,874		365		16		12,436		289
Total		167,235		111,234		32,018		1,801		2,499		86,823		4,223
Corporate and eliminations		3,221		1,449		(4,962)		1,341		-		77,257		507
Consolidated	$	170,456	$	112,683	$	27,056	$	3,142	$	2,499	$	164,080	$	4,730

Fiscal Year Ended
August 31, 2011

U.S./Canada	$	118,420	$	71,782	$	12,947	$	1,722	$	3,525	$	76,152	$	4,020
International		40,011		31,037		15,068		436		15		10,902		938
Total		158,431		102,819		28,015		2,158		3,540		87,054		4,958
Corporate and eliminations		2,373		655		(6,858)		1,409		-		64,373		507
Consolidated	$	160,804	$	103,474	$	21,157	$	3,567	$	3,540	$	151,427	$	5,465

Fiscal Year Ended
August 31, 2010

U.S./Canada	$	98,344	$	60,367	$	7,956	$	1,825	$	3,746	$	74,527	$	1,966
International		35,309		27,148		10,456		352		14		13,205		86
Total		133,653		87,515		18,412		2,177		3,760		87,732		2,052
Corporate and eliminations		3,221		1,556		(3,972)		1,492		-		61,273		60
Consolidated	$	136,874	$	89,071	$	14,440	$	3,669	$	3,760	$	149,005	$	2,112

Reconciliation Of Enterprise EBITDA To Consolidated Income (Loss) From Continuing Operations Before Taxes



YEAR ENDED
AUGUST 31,		2012		2011		2010
Enterprise Adjusted EBITDA	$	32,018	$	28,015	$	18,412
Corporate expenses		(4,962)		(6,858)		(3,972)
Consolidated Adjusted EBITDA		27,056		21,157		14,440
Share-based compensation		(3,835)		(2,788)		(1,099)
Severance costs		-		(150)		(920)
Other		-		-		(954)
Depreciation		(3,142)		(3,567)		(3,669)
Amortization		(2,499)		(3,540)		(3,760)
Consolidated income from
operations		17,580		11,112		4,038
Interest income		18		21		34
Interest expense		(2,482)		(2,687)		(2,892)
Discount on related party receivable		(1,369)		-		-
Income from continuing operations
before income taxes	$	13,747	$	8,446	$	1,180

Reconciliation Of Enterprise Assets To Consolidated Assets



AUGUST 31,		2012		2011		2010
Reportable unit assets	$	86,823	$	87,054	$	87,732
Corporate assets		77,323		64,421		61,323
Intercompany accounts receivable		(66)		(48)		(50)
	$	164,080	$	151,427	$	149,005

Consolidated Revenues From Continuing Operations By Country



YEAR ENDED
AUGUST 31,		2012		2011		2010
United States	$	121,328	$	115,709	$	97,286
Japan		19,440		17,263		13,935
Canada		8,574		7,080		6,157
United Kingdom		5,341		5,143		5,751
Australia		3,992		5,058		4,545
China/Singapore		2,512		2,185		1,900
Mexico/Central America		913		837		590
Indonesia		705		610		461
Thailand		693		729		505
Denmark/Scandanavia		660		725		568
Korea		607		861		1,028
India		576		515		422
Brazil		509		567		460
Malaysia		458		429		362
Others		4,148		3,093		2,904
	$	170,456	$	160,804	$	136,874

Long-Lived Assets By Country



AUGUST 31,		2012		2011		2010
United States/Canada	$	98,211	$	97,455	$	96,512
Japan		1,359		1,690		1,962
United Kingdom		199		100		145
Australia		116		126		108
	$	99,885	$	99,371	$	98,727

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References + Details

Nature Of Operations And Summary Of Significant Accounting Policies (Narrative) (Details) - USD ($)	12 Months Ended
	Aug. 31, 2012	Aug. 31, 2011	Aug. 31, 2010
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Capitalized development costs, amortization period	5 years
Capitalized development costs	$ 6,700,000	$ 6,400,000
Foreign currency transaction gains (losses)	(100,000)	14,000	$ (500,000)
Licensee royalty revenue	11,800,000	10,600,000	9,200,000
Advertising costs	5,300,000	3,100,000	$ 3,300,000
Direct response advertising costs	$ 200,000	$ 200,000
Percent likelihood of being realized upon ultimate settlement	50.00%
Minimum [Member]
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Direct response advertising costs, amortization period	3 months
Maximum [Member]
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Direct response advertising costs, amortization period	12 months

Nature Of Operations And Summary Of Significant Accounting Policies (Components Of Inventories) (Details) - USD ($) $ in Thousands	Aug. 31, 2012	Aug. 31, 2011
Nature Of Operations And Summary Of Significant Accounting Policies [Abstract]
Finished goods	$ 4,028	$ 4,158
Raw materials	133	143
Inventories	$ 4,161	$ 4,301

Nature Of Operations And Summary Of Significant Accounting Policies (Useful Life Of Property And Equipment) (Details)	12 Months Ended
	Aug. 31, 2012
Buildings [Member]
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Useful life	20 years
Machinery And Equipment [Member] \| Minimum [Member]
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Useful life	3 years
Machinery And Equipment [Member] \| Maximum [Member]
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Useful life	7 years
Computer Hardware And Software [Member] \| Minimum [Member]
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Useful life	3 years
Computer Hardware And Software [Member] \| Maximum [Member]
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Useful life	5 years
Furniture, Fixtures, And Leasehold Improvements [Member] \| Minimum [Member]
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Useful life	5 years
Furniture, Fixtures, And Leasehold Improvements [Member] \| Maximum [Member]
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Useful life	8 years

Nature Of Operations And Summary Of Significant Accounting Policies (Accrued Liabilities) (Details) - USD ($) $ in Thousands	Aug. 31, 2012	Aug. 31, 2011
Nature Of Operations And Summary Of Significant Accounting Policies [Abstract]
Accrued compensation	$ 9,549	$ 7,854
Unearned revenue	4,780	4,710
Intellectual property royalties	1,907	1,702
Customer credits	1,421	2,341
Other accrued liabilities	6,873	6,206
Accrued liabilities	$ 24,530	$ 22,813

- Definition

Carrying value as of the balance sheet date of obligations incurred through that date and payable arising from transactions not otherwise specified in the taxonomy. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References + Details

Accounts Receivable (Narrative) (Details)	12 Months Ended
Accounts Receivable (Narrative) (Details)	Aug. 31, 2012 USD ($)
Trade Accounts Receivable [Abstract]
Recoveries of previously written off accounts	$ 72,000

Accounts Receivable (Activity In Allowance For Doubtful Accounts) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2012	Aug. 31, 2011	Aug. 31, 2010
Trade Accounts Receivable [Abstract]
Beginning balance	$ 798	$ 718	$ 879
Charged to costs and expense	224	188	402
Deductions	(171)	(108)	(563)
Ending balance	$ 851	$ 798	$ 718

Property And Equipment (Property And Equipment) (Details) - USD ($) $ in Thousands	Aug. 31, 2012	Aug. 31, 2011
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 66,590	$ 65,207
Less accumulated depreciation	(48,094)	(46,064)
Property and equipment	18,496	19,143
Land And Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	1,312	1,312
Buildings [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	31,556	31,556
Machinery And Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	2,295	2,184
Computer Hardware And Software [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	19,792	18,747
Furniture, Fixtures, And Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 11,635	$ 11,408

- Definition

The cumulative amount of depreciation, depletion and amortization (related to property, plant and equipment, but not including land) that has been recognized in the income statement.

+ References + Details

Intangible Assets And Goodwill (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2012	Aug. 31, 2011	Aug. 31, 2010
Intangible Assets And Goodwill [Abstract]
Duration of contingent payments from CoveyLink Acquisition	5 years
Contingent earnout payment from CoveyLink acquisition		$ 5,411	$ 3,300
Aggregate amortization expense from definite-lived intangible assets	$ 2,500	$ 3,500	$ 3,800

Intangible Assets And Goodwill (Intangible Assets) (Details) - USD ($) $ in Thousands	Aug. 31, 2012	Aug. 31, 2011
Intangible Assets And Goodwill [Line Items]
Definite-lived intangible assets, gross carrying amount	$ 100,772	$ 100,773
Definite-lived intangible assets, accumulated amortization	(64,567)	(62,070)
Finite-lived intangible assets, net carrying amount	36,205	38,703
Intangible assets, gross carrying amount	123,772	123,773
Intangible assets, accumulated amortization	(64,567)	(62,070)
Intangible assets, net carrying amount	59,205	61,703
Trade Names [Member]
Intangible Assets And Goodwill [Line Items]
Covey trade name	23,000	23,000
License Rights [Member]
Intangible Assets And Goodwill [Line Items]
Definite-lived intangible assets, gross carrying amount	27,000	27,000
Definite-lived intangible assets, accumulated amortization	(13,041)	(12,103)
Finite-lived intangible assets, net carrying amount	13,959	14,897
Acquired Curriculum [Member]
Intangible Assets And Goodwill [Line Items]
Definite-lived intangible assets, gross carrying amount	58,284	58,285
Definite-lived intangible assets, accumulated amortization	(36,052)	(34,524)
Finite-lived intangible assets, net carrying amount	22,232	23,761
Customer Lists [Member]
Intangible Assets And Goodwill [Line Items]
Definite-lived intangible assets, gross carrying amount	15,111	15,111
Definite-lived intangible assets, accumulated amortization	(15,097)	(15,066)
Finite-lived intangible assets, net carrying amount	14	45
Trade Names [Member]
Intangible Assets And Goodwill [Line Items]
Definite-lived intangible assets, gross carrying amount	377	377
Definite-lived intangible assets, accumulated amortization	$ (377)	$ (377)

Intangible Assets And Goodwill (Range Of Remaining Estimated Useful Lives And Weighted-Average Amortization) (Details)	12 Months Ended
	Aug. 31, 2012
License Rights [Member]
Intangible Assets And Goodwill [Line Items]
Remaining useful life	14 years
Weighted average amortization period	30 years
Curriculum [Member]
Intangible Assets And Goodwill [Line Items]
Weighted average amortization period	26 years
Customer Lists [Member]
Intangible Assets And Goodwill [Line Items]
Weighted average amortization period	14 years
Minimum [Member] \| Curriculum [Member]
Intangible Assets And Goodwill [Line Items]
Remaining useful life	2 years
Maximum [Member] \| Curriculum [Member]
Intangible Assets And Goodwill [Line Items]
Weighted average amortization period	14 years
Maximum [Member] \| Customer Lists [Member]
Intangible Assets And Goodwill [Line Items]
Remaining useful life	1 year

Intangible Assets And Goodwill (Consolidated Goodwill) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2012	Aug. 31, 2011	Aug. 31, 2010
Intangible Assets And Goodwill [Abstract]
Beginning Balance	$ 9,172	$ 3,761
Contingent earnout payment from CoveyLink acquisition		5,411	$ 3,300
Impairments
Ending Balance	$ 9,172	$ 9,172	$ 3,761

- Definition

Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6388280&loc=d3e13770-109266

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 72
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-Clause 1
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 68
-Subparagraph l
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 34
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Loss recognized during the period that results from the write-down of goodwill after comparing the implied fair value of reporting unit goodwill with the carrying amount of that goodwill. Goodwill is assessed at least annually for impairment.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13854-109267

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6388280&loc=d3e13777-109266

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 72
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 20
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-Clause 5
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 47
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Intangible Assets And Goodwill (Amortization Expense For Intangible Assets Over The Next Five Years) (Details) $ in Thousands	Aug. 31, 2012 USD ($)
Intangible Assets And Goodwill [Abstract]
2013	$ 2,471
2014	2,446
2015	2,443
2016	2,443
2017	$ 2,443

Line Of Credit And Notes Payable (Details) - USD ($) $ in Millions	12 Months Ended
	Aug. 31, 2012	Aug. 31, 2011
Revolving Line Of Credit [Member]
Line Of Credit And Notes Payable [Line Items]
Maximum borrowing capacity	$ 10.0
Maturity date	Mar. 14, 2012
Interest rate	2.70%	2.70%
Unused credit fee	0.25%
Term Loan Payable [Member]
Line Of Credit And Notes Payable [Line Items]
Maximum borrowing capacity	$ 5.0
Percentage added to LIBOR rate	2.65%
Interest rate	2.90%	2.90%
Term loan payable, amount drawn	$ 5.0
Term loan payable, time period of repayment	24 equal monthly installments
First Modification Agreement [Member] \| Revolving Line Of Credit [Member]
Line Of Credit And Notes Payable [Line Items]
Maturity date	Mar. 31, 2013
Second Modification Agreement [Member] \| Revolving Line Of Credit [Member]
Line Of Credit And Notes Payable [Line Items]
Maximum borrowing capacity	$ 10.0
Maturity date	Mar. 31, 2015
Line of credit facility, term to ensure availability	3 years
Percentage added to LIBOR rate	2.50%
Unused credit fee	0.33%
Maximum funded debt to EBITDAR ratio	300.00%
Minimum fixed charge coverage ratio	150.00%
Limit on capital expenditures	$ 8.0

Financing Obligation (Narrative) (Details) $ in Millions	12 Months Ended
Financing Obligation (Narrative) (Details) $ in Millions	Aug. 31, 2012 USD ($) item
Commitments and Contingencies Disclosure [Abstract]
Duration of master lease agreement	20 years
Number of renewal options \| item	6
Duration of renewal options	5 years
Maximum duration of lease agreement	50 years
Carrying value of the land sold in the financing transaction \| $	$ 1.3

Financing Obligation (Financing Obligation) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2012	Aug. 31, 2011
Commitments and Contingencies Disclosure [Abstract]
Financing obligation payable in monthly installments of $269 at August 31, 2012, including principal and interest, with two percent annual increases (imputed interest at 7.7%), through June 2025	$ 29,507	$ 30,364
Less current portion	(992)	(857)
Total financing obligation, less current portion	28,515	$ 29,507
Monthly payment of financing obligation	$ 269
Annual increase to base payment	2.00%
Imputed interest	7.70%
Expiration date	June 2025

- Definition

Amount equal to the present value (the principal) at the beginning of the lease term of minimum lease payments during the lease term (excluding that portion of the payments representing executory costs such as insurance, maintenance, and taxes to be paid by the lessor, together with any profit thereon) net of payments or other amounts applied to the principal, through the balance sheet date and due to be paid within one year (or one operating cycle, if longer) of the balance sheet date.

+ References + Details

- Definition

Amount equal to the present value (the principal) at the beginning of the lease term of minimum lease payments during the lease term (excluding that portion of the payments representing executory costs such as insurance, maintenance, and taxes to be paid by the lessor, together with any profit thereon) net of payments or other amounts applied to the principal, through the balance sheet date and due to be paid more than one year (or one operating cycle, if longer) after the balance sheet date.

+ References + Details

Financing Obligation (Future Principal Maturities) (Details) $ in Thousands	Aug. 31, 2012 USD ($)
Commitments and Contingencies Disclosure [Abstract]
2013	$ 992
2014	1,139
2015	1,298
2016	1,473
2017	1,662
Thereafter	22,943
Total future principal maturities	$ 29,507

Financing Obligation (Future Minimum Payments Under The Financing Obligation) (Details) $ in Thousands	Aug. 31, 2012 USD ($)
Commitments and Contingencies Disclosure [Abstract]
2013	$ 3,242
2014	3,307
2015	3,373
2016	3,440
2017	3,509
Thereafter	29,909
Total future minimum financing obligation payments	46,780
Less interest	(18,585)
Present value of future minimum financing obligation payments	$ 28,195

Operating Leases (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Aug. 31, 2012	Aug. 31, 2011	Aug. 31, 2010
Operating Leased Assets [Line Items]
Total rent expense	$ 2.2	$ 2.7	$ 3.0
Cost basis of office space available for lease	33.9
Carrying value of office space available for lease	12.8
Sublease payments made to the Company	$ 3.2	$ 2.4	$ 3.2
Minimum [Member]
Operating Leased Assets [Line Items]
Operating lease term	1 year
Maximum [Member]
Operating Leased Assets [Line Items]
Operating lease term	9 years
FC Organizational Products [Member]
Operating Leased Assets [Line Items]
Lease income	$ 0.8

Operating Leases (Future Minimum Lease Payments Under Operating Lease Agreements And The Lease Amounts Receivable) (Details) $ in Thousands	Aug. 31, 2012 USD ($)
Operating Leased Assets [Line Items]
Required minimum lease payments, 2013	$ 1,872
Required minimum lease payments, 2014	1,549
Required minimum lease payments, 2015	1,405
Required minimum lease payments, 2016	1,136
Required minimum lease payments, 2017	225
Required minimum lease payments, Thereafter	688
Required minimum lease payments, Total	6,875
Receivable from FC Organizational Products, 2013	(3,999)
Receivable from FC Organizational Products, 2014	(2,443)
Receivable from FC Organizational Products, 2015	(2,288)
Receivable from FC Organizational Products, 2016	(1,815)
Receivable from FC Organizational Products, 2017	(969)
Receivable from FC Organizational Products, Thereafter	(6,479)
Receivable from FC Organizational Products, Total	(17,993)
Net required minimum lease payments, 2013	1,343
Net required minimum lease payments, 2014	965
Net required minimum lease payments, 2015	773
Net required minimum lease payments, 2016	601
Net required minimum lease payments, 2017	225
Net required minimum lease payments, Thereafter	688
Net required minimum lease payments, Total	4,595
FC Organizational Products [Member]
Operating Leased Assets [Line Items]
Receivable from FC Organizational Products, 2013	(529)
Receivable from FC Organizational Products, 2014	(584)
Receivable from FC Organizational Products, 2015	(632)
Receivable from FC Organizational Products, 2016	(535)
Receivable from FC Organizational Products, Total	$ (2,280)

Operating Leases (Future Minimum Lease Payments Due To Company) (Details) $ in Thousands	Aug. 31, 2012 USD ($)
Operating Leases [Abstract]
2013	$ 3,999
2014	2,443
2015	2,288
2016	1,815
2017	969
Thereafter	6,479
Total	$ 17,993

Commitments And Contingencies (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Aug. 31, 2012	Aug. 31, 2011	Aug. 31, 2010
Commitments and Contingencies Disclosure [Abstract]
Percent of warehouse leased which will reduce charges	75.00%
Warehouse charge after agreement has been met	$ 0.2
Warehouse charge before agreement has been met	$ 2.9
Current percent of warehouse leased	70.00%
Outsourcing contract expense	$ 5.0	$ 6.6	$ 6.2
Freight charges	1.8	$ 1.6	$ 1.5
Purchase commitments	4.2
Retail store minimum lease payments which remain secondarily liable	$ 0.3

Commitments And Contingencies (Summary Of Charges To HP For Services Over The Remaining Life Of The Outsourcing Contract) (Details) $ in Thousands	Aug. 31, 2012 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Estimated Gross Minimum and Fixed Charges, 2013	$ 2,232
Estimated Gross Minimum and Fixed Charges, 2014	2,232
Estimated Gross Minimum and Fixed Charges, 2015	2,232
Estimated Gross Minimum and Fixed Charges, 2016	1,382
Estimated Gross Minimum and Fixed Charges, Thereafter
Estimated Gross Minimum and Fixed Charges, Total	8,078
Receivable from FC Organizational Products, 2013	(61)
Receivable from FC Organizational Products, 2014	(61)
Receivable from FC Organizational Products, 2015	(61)
Receivable from FC Organizational Products, 2016	(51)
Receivable from FC Organizational Products, Thereafter
Receivable from FC Organizational Products, Total	(234)
Estimated Net Minimum and Fixed Charges, 2013	2,171
Estimated Net Minimum and Fixed Charges, 2014	2,171
Estimated Net Minimum and Fixed Charges, 2015	2,171
Estimated Net Minimum and Fixed Charges, 2016	1,331
Estimated Net Minimum and Fixed Charges, Thereafter
Estimated Net Minimum and Fixed Charges, Total	$ 7,844

Shareholders' Equity (Narrative) (Details) $ in Millions	2 Months Ended	3 Months Ended	12 Months Ended
Shareholders' Equity (Narrative) (Details) $ in Millions	Nov. 14, 2012 shares	Aug. 31, 2011 shares	Aug. 31, 2012 USD ($) $ / warrant shares	Aug. 31, 2005
Shareholders' Equity [Line Items]
Shares of preferred stock authorized for issuance			14,000,000
Common stock warrants issued			6,200,000
Common stock warrant exercise price \| $ / warrant			8.00
Term over which common stock warrants are exercisable			8 years
Expiration date of warrants			March 2013
Fair value of common stock warrants \| $			$ 7.6
Amount authorized under common stock purchase plan \| $			10.0
Common stock purchase plan, amount which exceeded, will be paid for by cash \| $			$ 10.0
Number of shares purchased			41,085
Amount paid for shares purchased \| $			$ 0.4
Knowledge Capital [Member]
Shareholders' Equity [Line Items]
Common stock warrants issued	1,000,000	1,913,402
Number of shares of common stock purchaseable from warrant		5,913,402
Common stock issued from treasury stock for warrant exercise	340,877	596,116
Number of securities remaining after exercise of warrants			4,000,000
Number of shares already owned			1,015,000
Expiration date of warrants			Mar. 08, 2013
Period after the date on which the warrant has been exercised			1 year
Period which company must notify intent to sell common shares			5 days
Period which company must wait to sell common shares if requested			120 days
Series A Preferred Stock [Member]
Shareholders' Equity [Line Items]
Stock split				0.25

Management Common Stock Loan Program (Details)	1 Months Ended		3 Months Ended	12 Months Ended
Management Common Stock Loan Program (Details)	Mar. 31, 2005 USD ($)	May 31, 2004 USD ($)	Aug. 31, 2012 shares	Aug. 31, 2012 USD ($) item shares	Aug. 31, 2009	Aug. 31, 2006	Aug. 31, 2001 USD ($) shares	Nov. 30, 2010 USD ($) shares	Dec. 31, 2009 USD ($) shares	Jun. 30, 2006 shares
Management Common Stock Loan Program [Line Items]
Interest rate							9.40%
Shares acquired \| shares				41,085
Management Common Stock Loan Program [Member]
Management Common Stock Loan Program [Line Items]
Shares of common stock purchased by management stock loan participants \| shares							3,825,000
Cost of loan to purchase stock \| $		$ 7,600,000					$ 33,600,000
Reversal to the amounts expensed as additions to the loan loss reserve \| $				$ 29,700,000
Number of shares held, elected to accept extension and place into escrow account \| shares										3,500,000
Percent of shares held, elected to accept extension and place into escrow account										94.00%
Number of participants \| item				147
Management Common Stock Loan Program [Member] \| M. Sean Covey [Member]
Management Common Stock Loan Program [Line Items]
Value of shares owed to the company \| $									$ 759,417
Number of shares owed to the company \| shares									51,970
Management Common Stock Loan Program [Member] \| David M.R. Covey [Member]
Management Common Stock Loan Program [Line Items]
Value of shares owed to the company \| $									$ 270,597
Number of shares owed to the company \| shares									18,518
Management Common Stock Loan Program [Member] \| C. Todd Davis [Member]
Management Common Stock Loan Program [Line Items]
Value of shares owed to the company \| $									$ 192,037
Number of shares owed to the company \| shares									13,142
Management Common Stock Loan Program [Member] \| Shawn D. Moon [Member]
Management Common Stock Loan Program [Line Items]
Value of shares owed to the company \| $								$ 1,126,595
Number of shares owed to the company \| shares								75,865
Management Common Stock Loan Program [Member] \| Loan Participants Declaring Bankruptcy [Member]
Management Common Stock Loan Program [Line Items]
Shares acquired \| shares			31,063
Management Common Stock Loan Program [Member] \| May 2004 Modification [Member]
Management Common Stock Loan Program [Line Items]
Cost of loan to purchase stock \| $		$ 0
Interest rate		3.16%
Management Common Stock Loan Program [Member] \| May 2004 Modification [Member] \| Officers And Directors [Member]
Management Common Stock Loan Program [Line Items]
Repaid loans from officers and directors \| $	$ 800,000
Management Common Stock Loan Program [Member] \| 2006 Modification [Member]
Management Common Stock Loan Program [Line Items]
Interest rate						4.72%
Management Common Stock Loan Program [Member] \| Mid-Term Applicable Federal Rate [Member]
Management Common Stock Loan Program [Line Items]
Interest rate					1.65%

Financial Instruments (Details) - USD ($) $ in Millions	12 Months Ended
Financial Instruments (Details) - USD ($) $ in Millions	Aug. 31, 2012	Aug. 31, 2010
Financial Instruments [Abstract]
Maturity term of variable term loan	1 year
Net losses on foreign exchange contracts		$ 0.2

Share-Based Compensation (Narrative) (Details)	3 Months Ended		12 Months Ended				36 Months Ended
Share-Based Compensation (Narrative) (Details)	Aug. 31, 2012 USD ($) $ / shares shares	Aug. 31, 2011 USD ($) employee $ / shares shares	Aug. 31, 2013	Aug. 31, 2012 USD ($) item employee $ / shares shares	Aug. 31, 2011 USD ($) h item employee $ / shares shares	Aug. 31, 2010 USD ($) item $ / shares shares	Aug. 31, 2012 USD ($) $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for granting \| shares	770,000			770,000			770,000
Shares remaining in employee stock purchase plan \| shares	615,000			615,000			615,000
Shares vested \| shares				37,960
Compensation cost				$ 3,835,000	$ 2,788,000	$ 1,099,000
Exercise price \| $ / shares	$ 11.25	$ 11.25		$ 11.25	$ 11.25		$ 11.25
Stock options exercised \| shares
Price of common stock as a percent of the average fair market value				85.00%
Shares issued to employee stock purchase plan participants \| shares				55,423	49,962	56,475
Cost basis of shares issued to employee stock purchase plan participants				$ 800,000	$ 700,000	$ 800,000
Cash proceeds from employee stock purchase plan participants				435,000	$ 328,000	$ 288,000
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of tranches \| item					4	4
Compensation cost				$ 168,000	$ 820,000	$ 261,000
Grant date fair value of common stock \| $ / shares		8.43			$ 8.43	$ 5.28
Contractual life					10 years	10 years
Stock options exercised \| shares					4,061
Intrinsic value of stock options exercised					$ 36,750
Performance Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period which common stock price must average over specified levels				5 days
Percent of performance award to be granted				25.00%	50.00%
Shares granted \| shares				177,616	294,158
Fair value				$ 1,200,000	$ 2,600,000
Amortization period				1 year 4 months 24 days	10 months 24 days
Unrecognized compensation cost	$ 1,000,000			$ 1,000,000			$ 1,000,000
Compensation cost				$ 3,188,000	$ 827,000	$ 327,000
Grant date fair value of common stock \| $ / shares	$ 9.55	$ 11.34		$ 9.55	$ 11.34		$ 9.55
Performance Awards [Member] \| 3 Years Or Less [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period to achieve specified levels of common stock price				3 years
Percent of shares which will vest				100.00%
Performance Awards [Member] \| 3 To 5 Years [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent of shares which will vest				50.00%
Performance Awards [Member] \| 3 To 5 Years [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period to achieve specified levels of common stock price				3 years
Performance Awards [Member] \| 3 To 5 Years [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period to achieve specified levels of common stock price				5 years
Fiscal 2012 Executive Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized to be issued \| shares	106,101			106,101			106,101
Life of performance awards				6 years
Fiscal 2011 Executive Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted \| shares		24,045
Amortization period		1 year 2 months 12 days
Shares authorized to be issued \| shares		72,134			72,134
Compensation cost		$ 300,000
Number of individuals who qualified for award \| employee		3
Fiscal 2010 Long-Term Incentive Plan Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent of shares plan participants are entitled to							94.70%
Shares vested \| shares							172,737
Target number of shares expected to vest \| shares						182,385
Grant date fair value of common stock \| $ / shares						$ 5.28
Contractual life						4 years
Additional shares expected to vest \| shares				40,000
Unvested Share Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost	$ 100,000			$ 100,000			$ 100,000
Compensation cost				340,000	$ 411,000	$ 458,000
Whole-share grant per eligible director				$ 50,000
Vesting period of awards				1 year
Shares issued under terms of the award \| shares				37,975	37,960	61,064
Fair value of shares awarded				$ 300,000
Cost of common stock issued from treasury				$ 500,000	$ 600,000	$ 900,000
Weighted-average vesting period for recognition				3 months
Total recognized tax benefit from unvested stock awards				$ 100,000	100,000	$ 200,000
Intrinsic value of unvested stock awards				$ 400,000
Executive Leadership Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost					$ 500,000
Target number of shares for Executive Leadership Award \| shares					72,134
Granted as fully vested shares \| shares					48,049
Number of individuals who qualified for award \| employee					3
Client Partner And Consultant Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted \| shares				6,000	16,000
Compensation cost				$ 100,000	$ 100,000
Shares granted per person \| shares					2,000
Number of individuals who qualified for award \| employee				3	8
Threshold of cumulative sales over the career in order to receive common stock					$ 20,000,000
Threshold of consulting hours performed over the career in order to receive common stock \| h					1,500
Tranche 1 [Member] \| Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price \| $ / shares		$ 9.00			$ 9.00	$ 9.00
Tranche 1 [Member] \| Fiscal 2012 Executive Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares vested \| shares				24,757
Tranche 2 [Member] \| Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price \| $ / shares		10.00			10.00	10.00
Tranche 3 [Member] \| Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price \| $ / shares		12.00			12.00	12.00
Tranche 4 [Member] \| Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price \| $ / shares		$ 14.00			$ 14.00	$ 14.00
Adjusted EBITDA [Member] \| Fiscal 2012 Executive Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of tranches \| item				3
Shares to vest after meeting certain requirements \| shares				24,757
Adjusted EBITDA [Member] \| Tranche 1 [Member] \| Fiscal 2012 Executive Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Adjusted EBITDA	26,000,000
Adjusted EBITDA [Member] \| Tranche 2 [Member] \| Fiscal 2012 Executive Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Adjusted EBITDA	33,000,000
Adjusted EBITDA [Member] \| Tranche 3 [Member] \| Fiscal 2012 Executive Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Adjusted EBITDA	40,000,000
Productivity Practice Sales [Member] \| Fiscal 2012 Executive Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of tranches \| item				3
Shares to vest after meeting certain requirements \| shares				10,610
Productivity Practice Sales [Member] \| Tranche 1 [Member] \| Fiscal 2012 Executive Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Productivity Practice sales	20,500,000
Productivity Practice Sales [Member] \| Tranche 2 [Member] \| Fiscal 2012 Executive Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Productivity Practice sales	23,500,000
Productivity Practice Sales [Member] \| Tranche 3 [Member] \| Fiscal 2012 Executive Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Productivity Practice sales	$ 26,500,000
Vesting Date 1 [Member] \| Fiscal 2010 Long-Term Incentive Plan Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting date						Aug. 31, 2012
Vesting Date 2 [Member] \| Fiscal 2010 Long-Term Incentive Plan Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting date						Feb. 28, 2013
Vesting Date 3 [Member] \| Fiscal 2010 Long-Term Incentive Plan Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting date						Aug. 31, 2013
Scenario, Forecast [Member] \| Performance Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent of performance award to be granted			25.00%

Share-Based Compensation (Total Cost Of Share-Based Compensation) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2012	Aug. 31, 2011	Aug. 31, 2010
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost	$ 3,835	$ 2,788	$ 1,099
Performance Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost	3,188	827	327
Unvested Share Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost	340	411	458
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost	168	820	261
Compensation Cost Of The ESPP [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost	77	61	$ 53
Fully Vested Share Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost	$ 62	$ 669

- Definition

Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees.

+ References + Details

Share-Based Compensation (Assumptions Used In Estimating The Fair Value Of The Market-Based Performace Award) (Details) - Performance Awards [Member] - $ / shares	12 Months Ended
	Aug. 31, 2012	Aug. 31, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date share price per share	$ 9.55	$ 11.34
Volatility	54.60%	49.83%
Dividend yield	0.00%	0.00%
Risk-free interest rate	0.62%	1.48%
Grant date	July 19, 2012	July 15, 2011

Share-Based Compensation (Stock Option Activity) (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Aug. 31, 2012 USD ($) $ / shares shares
Share-Based Compensation [Abstract]
Number of Stock Options, Outstanding at August 31, 2011 \| shares	675,000
Number of Stock Options, Granted \| shares
Number of Stock Options, Exercised \| shares
Number of Stock Options, Forfeited \| shares
Number of Stock Options, Outstanding at August 31, 2012 \| shares	675,000
Number of Stock Options, Options vested and exercisable at August 31, 2012 \| shares
Weighted Average Exercise Price Per Share, Outstanding at August 2011 \| $ / shares	$ 11.25
Weighted Average Exercise Price Per Share, Granted \| $ / shares
Weighted Average Exercise Price Per Share, Exercised \| $ / shares
Weighted Average Exercise Price Per Share, Forfeited \| $ / shares
Weighted Average Exercise Price Per Share, Outstanding at August 2012 \| $ / shares	11.25
Weighted Average Exercise Price Per Share, Options vested and exercisable at August 31, 2012 \| $ / shares
Weighted Average Remaining Contractual Life, Outstanding at August 31, 2012	7 years 9 months 18 days
Aggregate Intrinsic Value, Outstanding at August 31, 2012 \| $	$ 287
Aggregate Intrinsic Value, Options vested and exercisable at August 31, 2012 \| $

Share-Based Compensation (Assumptions Used To Estimate The Stated Fair Value Of The Stock Options Awarded ) (Details) - Stock Options [Member] - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Aug. 31, 2011	Aug. 31, 2010
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date share price per share	$ 8.43	$ 5.28
Volatility	59.02%	51.47%
Dividend yield	0.00%	0.00%
Risk-free interest rate	0.70%	1.57%
Fair value of award	$ 756	$ 493
Estimated time to vest (years)	10 months 24 days	1 year 9 months 18 days

Share-Based Compensation (Stock Options Outstanding And Exercisable) (Details)	12 Months Ended
	Aug. 31, 2012 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number Outstanding at August 31, 2012 \| shares	675,000
Options Exercisable at August 31, 2012 \| shares
Weighted Average Exercise Price, Exercisable
$9.00 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise Prices	$ 9.00
Number Outstanding at August 31, 2012 \| shares	168,750
Weighted Average Remaining Contractual Life (Years)	7 years 9 months 18 days
Weighted Average Exercise Price, Outstanding	$ 9.00
Options Exercisable at August 31, 2012 \| shares
Weighted Average Exercise Price, Exercisable
$10.00 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise Prices	$ 10.00
Number Outstanding at August 31, 2012 \| shares	168,750
Weighted Average Remaining Contractual Life (Years)	7 years 9 months 18 days
Weighted Average Exercise Price, Outstanding	$ 10.00
Options Exercisable at August 31, 2012 \| shares
Weighted Average Exercise Price, Exercisable
$12.00 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise Prices	$ 12.00
Number Outstanding at August 31, 2012 \| shares	168,750
Weighted Average Remaining Contractual Life (Years)	7 years 9 months 18 days
Weighted Average Exercise Price, Outstanding	$ 12.00
Options Exercisable at August 31, 2012 \| shares
Weighted Average Exercise Price, Exercisable
$14.00 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise Prices	$ 14.00
Number Outstanding at August 31, 2012 \| shares	168,750
Weighted Average Remaining Contractual Life (Years)	7 years 9 months 18 days
Weighted Average Exercise Price, Outstanding	$ 14.00
Options Exercisable at August 31, 2012 \| shares
Weighted Average Exercise Price, Exercisable

Share-Based Compensation (Unvested Stock Awards) (Details)	12 Months Ended
	Aug. 31, 2012 $ / shares shares
Share-Based Compensation [Abstract]
Unvested stock awards at August 31, 2011, Number of Shares \| shares	37,960
Granted, Number of Shares \| shares	37,975
Forfeited, Number of Shares \| shares
Vested, Number of Shares \| shares	(37,960)
Unvested stock awards at August 31, 2012, Number of Shares \| shares	37,975
Unvested stock awards at August 31, 2011, Weighted-Average Grant-Date Fair Value Per Share \| $ / shares	$ 8.43
Granted, Weighted-Average Grant-Date Fair Value Per Share \| $ / shares	9.39
Forfeited, Weighted-Average Grant-Date Fair Value Per Share \| $ / shares
Vested, Weighted-Average Grant-Date Fair Value Per Share \| $ / shares	8.43
Unvested stock awards at August 31, 2012, Weighted-Average Grant-Date Fair Value Per Share \| $ / shares	$ 9.39

- Definition

The weighted average fair value of nonvested awards on equity-based plans excluding option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, revenue or profit achievement stock award plan) for which the employer is contingently obligated to issue equity instruments or transfer assets to an employee who has not yet satisfied service or performance criteria necessary to gain title to proceeds from the sale of the award or underlying shares or units.

+ References + Details

Sale Of Japan Product Sales Operation (Narrative) (Details) $ in Thousands, ¥ in Millions	12 Months Ended
	Aug. 31, 2010 JPY (¥)	Aug. 31, 2010 USD ($)
Sale Of Japan Product Sales Operation [Abstract]
Aggregate carrying value of inventory, certain intangible assets (including customer lists), and other current assets disposed in sale		$ 2,000
Total sale price	¥ 305.0	3,350
Pre-tax gain from the sale		$ 1,092
Royalty rate on annual sales	3.00%	3.00%

Sale Of Japan Product Sales Operation (Income Recognized From Discontinued Operations) (Details) $ in Thousands	12 Months Ended
	Aug. 31, 2010 USD ($)
Sale Of Japan Product Sales Operation [Abstract]
Sales	$ 5,097
Gross profit	2,230
Income before income taxes	988
Income tax provision	(440)
Income from discontinued operations, net of tax	$ 548

- Definition

Overall income (loss) from a disposal group that is classified as a component of the entity, before income tax, reported as a separate component of income before extraordinary items. Includes the following (before income tax): income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal.

+ References + Details

- Definition

Tax effect allocated to a disposal group that is classified as a component of the entity reported as a separate component of income before extraordinary items. Includes the tax effects of the following: income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (b),(c)
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32672-109319

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 20
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=18498875&loc=d3e38679-109324

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e957-107759

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 47
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 46
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Amount of income (loss) from a disposal group, net of income tax before extraordinary items allocable to noncontrolling interests. Includes, net of tax, income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.12)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.14)
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e957-107759

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 13
-Article 7

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 47
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 15
-Article 5

+ Details

Employee Benefit Plans (Details) - USD ($) $ in Millions	12 Months Ended
Employee Benefit Plans (Details) - USD ($) $ in Millions	Aug. 31, 2012	Aug. 31, 2011	Aug. 31, 2010
Employee Benefit Plans [Abstract]
Maximum percent of gross wages employees may contribute	75.00%
Matching contributions	$ 1.2	$ 1.2	$ 0.9
Value of shares of common stock owned by remaining plan participants in deferred compensation plan	$ 0.4	$ 0.4

Income Taxes (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
Income Taxes (Narrative) (Details) - USD ($) $ in Millions	Aug. 31, 2012	Aug. 31, 2011	Aug. 31, 2010	Aug. 31, 2009	Aug. 31, 2004	Aug. 31, 2003	Aug. 31, 2002
Income Taxes [Line Items]
Total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate	$ 3.1	$ 2.8
Net operating loss carryforward included in the gross unrecognized tax benefit	3.2
Increase (decrease) in income tax expense due to interest and penalties related to uncertain tax positions	0.1		$ (0.1)
Balance of interest and penalties related to uncertain tax positions	0.2	0.1
Expected increase in unrecognized tax benefit	0.3
Year 2002 [Member]
Income Taxes [Line Items]
Income tax credit carryforward generated (utilized)							$ 2.2
Foreign tax credit, valuation allowance							$ 2.2
Year 2003 [Member]
Income Taxes [Line Items]
Operating loss carryforward generated (utilized)						$ 33.3
Year 2004 [Member]
Income Taxes [Line Items]
Operating loss carryforward generated (utilized)					$ 21.2
Year 2009 [Member]
Income Taxes [Line Items]
Operating loss carryforward generated (utilized)	(6.5)			$ 9.7
Operating loss carryforwards	3.2
Deductions to total loss carryforward	1.6
Year 2011 [Member]
Income Taxes [Line Items]
Income tax credit carryforward generated (utilized)		$ 3.5
Year 2012 [Member]
Income Taxes [Line Items]
Income tax credit carryforward generated (utilized)	$ 2.7

Income Taxes (The (Provision) Benefit For Income Taxes From Continuing Operations) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2012	Aug. 31, 2011	Aug. 31, 2010
Income Taxes [Abstract]
Current, Federal			$ (454)
Current, State	$ 228	$ 204	16
Current, Foreign	2,553	1,643	1,555
Current	2,781	1,847	1,117
Deferred, Federal	1,311	(430)	1,254
Deferred, State	(3)	(149)	(43)
Deferred, Foreign	(269)	45	(488)
Benefit of foreign tax credit carryforward	(2,677)	(3,788)
Utilization of net loss carryforwards	4,763	6,012	468
Benefit (provision) resulting from the allocation of certain tax items directly to contributed capital		102	176
Deferred	3,125	1,792	1,367
Provision (benefit) for income taxes from continuing operations	5,906	3,639	2,484
Continuing operations	$ (5,906)	$ (3,639)	$ (2,484)

Income Taxes (Allocation Of Total Income Tax Benefit (Provision)) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2012	Aug. 31, 2011	Aug. 31, 2010
Income Taxes [Abstract]
Continuing operations	$ 5,906	$ 3,639	$ 2,484
Other comprehensive income	(73)	310	(229)
Discontinued operations			440
Gain on sale of discontinued operations			854
Provision (benefit) for income taxes	$ 5,833	$ 3,949	$ 3,549

Amount of tax expense or benefit on gain (loss), not previously recognized, resulting from the sale of a business component.

+ References + Details

- Definition

The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to pretax Income or Loss from continuing operations; income tax expense or benefit may include interest and penalties on tax uncertainties based on the entity's accounting policy.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-Subparagraph (a),(b)
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 45
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=21917399&loc=d3e32247-109318

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32672-109319

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 45, 46
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph h
-Article 4

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 48
-Paragraph 15, 16, 19
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Tax effect of other comprehensive income (loss) attributable to both parent entity and noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e640-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 20
-Section 45
-Paragraph 11
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=18498875&loc=d3e39076-109324

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 36
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 31
-Article 5

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 24
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

+ Details

Income Taxes (Income From Continuing Operations Before Income Taxes) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2012	Aug. 31, 2011	Aug. 31, 2010
Income Taxes [Abstract]
United States	$ 11,006	$ 7,438	$ 1,127
Foreign	2,741	1,008	53
Income from continuing operations before income taxes	$ 13,747	$ 8,446	$ 1,180

Income Taxes (Differences Between Income Taxes At The Statutory Federal Income Tax Rate And Income Taxes From Continuing Operations) (Details)	12 Months Ended
	Aug. 31, 2012	Aug. 31, 2011	Aug. 31, 2010
Income Taxes [Abstract]
Federal statutory income tax rate	35.00%	35.00%	35.00%
State income taxes, net of federal effect	2.70%	3.70%	1.20%
Foreign jurisdictions tax differential	1.80%	0.30%	(4.20%)
Tax differential on income subject to both U.S. and foreign taxes	(3.40%)	(5.70%)	140.60%
Uncertain tax positions	3.20%	3.70%	(21.20%)
Tax on management stock loan interest	2.20%	3.60%	25.90%
Non-deductible executive compensation	1.40%	1.30%	26.80%
Non-deductible meals and entertainment	0.90%	1.50%	7.40%
Other	(0.80%)	(0.30%)	(0.90%)
Income tax rate	43.00%	43.10%	210.60%

Income Taxes (Significant Components Of Deferred Tax Assets And Liabilities) (Details) - USD ($) $ in Thousands	Aug. 31, 2012	Aug. 31, 2011
Income Taxes [Abstract]
Sale and financing of corporate headquarters	$ 10,953	$ 11,171
Foreign income tax credit carryforward	6,205	5,946
Deferred compensation	2,296	1,003
Bonus and other accruals	1,399	1,403
Unearned revenue	1,188	784
Inventory and bad debt reserves	746	639
Net operating loss carryforward	289	4,128
Alternative minimum tax carryforward	392	393
Investment in FC Organizational Products	275	1,466
Sales returns and contingencies	253	248
Impairment of FC Organizational Products note receivable		1,653
Impairment of investment in Franklin Covey Coaching, LLC		46
Other	163	151
Total deferred income tax assets	24,159	29,031
Less: valuation allowance		(2,159)
Net deferred income tax assets	24,159	26,872
Intangible step-ups indefinite lived	(8,667)	(8,597)
Intangible step-ups definite lived	(8,371)	(8,866)
Property and equipment depreciation	(4,822)	(5,430)
Intangible asset impairment and amortization	(4,919)	(4,319)
Unremitted earnings of foreign subsidiaries	(582)	(609)
Other	(142)	(114)
Total deferred income tax liabilities	(27,503)	(27,935)
Net deferred income taxes	$ (3,344)	$ (1,063)

Income Taxes (Deferred Income Tax Amounts Recorded On The Consolidated Balance Sheets) (Details) - USD ($) $ in Thousands	Aug. 31, 2012	Aug. 31, 2011
Income Taxes [Abstract]
Current assets	$ 3,634	$ 3,005
Long-term assets	23	16
Long-term liabilities	(7,001)	(4,084)
Net deferred income taxes	$ (3,344)	$ (1,063)

- Definition

Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards expected to be realized or consumed within one year or operating cycle, if longer.

+ References + Details

- Definition

Amount after allocation of valuation allowances of noncurrent deferred tax asset attributable to deductible temporary differences and carryforwards. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer).

+ References + Details

Income Taxes (Pre-Tax Income, Significant Book Versus Tax Differences, And Taxable Income) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2012	Aug. 31, 2011	Aug. 31, 2010
Income Taxes [Abstract]
Domestic pre-tax book income	$ 11,006	$ 7,438	$ 1,745
Share-based compensation	3,405	1,700	359
Actual and deemed foreign dividends	2,484	5,409	2,502
Property and equipment depreciation and dispositions	1,664	1,766	1,482
Unearned revenue	1,057	37	1,534
Interest on management common stock loans	870	376	313
Disallowed executive compensation	549	537	755
Changes in accrued liabilities	88	1,091	(724)
Impairment of note receivable from FC Organizational Products	(4,667)	390	315
Taxable losses from FC Organizational Products	(2,916)	(748)	(3,073)
Amortization/write-off of intangible assets	(92)	(1,274)	(617)
Deduction for foreign income taxes			(1,272)
Sale of corporate headquarters campus	(822)	(683)	(585)
Other book versus tax differences	(30)	281	232
Taxable income	$ 12,596	$ 16,320	$ 2,966

Income Taxes (Reconciliation Of The Beginning And Ending Amount Of Gross Unrecognized Tax Benefits) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2012	Aug. 31, 2011	Aug. 31, 2010
Income Taxes [Abstract]
Beginning balance	$ 3,703	$ 3,940	$ 4,225
Additions based on tax positions related to the current year	297	6	46
Additions for tax positions in prior years	327	384	173
Reductions for tax positions of prior years resulting from the lapse of applicable statute of limitations			(425)
Other reductions for tax positions of prior years	(115)	(627)	(79)
Ending balance	$ 4,212	$ 3,703	$ 3,940

Income Taxes (Tax Years That Remain Subject To Examinations For Major Tax Jurisdictions) (Details)	12 Months Ended
	Aug. 31, 2012
Canada [Member] \| Minimum [Member]
Income Taxes [Line Items]
Tax years that remain subject to examinations	2005
Canada [Member] \| Maximum [Member]
Income Taxes [Line Items]
Tax years that remain subject to examinations	2012
Australia [Member] \| Minimum [Member]
Income Taxes [Line Items]
Tax years that remain subject to examinations	2006
Australia [Member] \| Maximum [Member]
Income Taxes [Line Items]
Tax years that remain subject to examinations	2012
Japan, United Kingdom [Member] \| Minimum [Member]
Income Taxes [Line Items]
Tax years that remain subject to examinations	2007
Japan, United Kingdom [Member] \| Maximum [Member]
Income Taxes [Line Items]
Tax years that remain subject to examinations	2012
United States - State And Local Income Tax [Member] \| Minimum [Member]
Income Taxes [Line Items]
Tax years that remain subject to examinations	2008
United States - State And Local Income Tax [Member] \| Maximum [Member]
Income Taxes [Line Items]
Tax years that remain subject to examinations	2012
United States - Federal Income Tax [Member] \| Minimum [Member]
Income Taxes [Line Items]
Tax years that remain subject to examinations	2009
United States - Federal Income Tax [Member] \| Maximum [Member]
Income Taxes [Line Items]
Tax years that remain subject to examinations	2012

Earnings Per Share (Narrative) (Details)	2 Months Ended	3 Months Ended	12 Months Ended
Earnings Per Share (Narrative) (Details)	Nov. 14, 2012 shares	Aug. 31, 2011 shares	Aug. 31, 2012 $ / warrant shares	Aug. 31, 2011 shares	Aug. 31, 2010 shares
Earnings Per Share [Line Items]
Shares outstanding not included in the computation of diluted EPS			6,200,000
Common stock warrants outstanding			4,300,000
Common stock warrant exercise price \| $ / warrant			8.00
Common stock warrant expiration date			March 2013
Common stock warrants issued			6,200,000
Stock Options [Member]
Earnings Per Share [Line Items]
Shares outstanding not included in the computation of diluted EPS			700,000	700,000	500,000
Knowledge Capital [Member]
Earnings Per Share [Line Items]
Common stock warrants issued	1,000,000	1,913,402		1,913,402
Common stock issued from treasury stock for warrant exercise	340,877	596,116

- Definition

Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Antidilution
-URI http://asc.fasb.org/extlink&oid=6505113

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Diluted Earnings Per Share
-URI http://asc.fasb.org/extlink&oid=6510752

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Contingent Stock Agreement
-URI http://asc.fasb.org/extlink&oid=6508534

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 13, 14
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 171
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Number of shares issued during the period as a result of the conversion of convertible securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.29-30)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30
-Article 5

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 129
-Paragraph 4, 5
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Earnings Per Share (Computation of EPS) (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands

12 Months Ended

Aug. 31, 2012

Aug. 31, 2011

Aug. 31, 2010

Earnings Per Share [Abstract]

Income (loss) from continuing operations

$ 7,841

$ 4,807

$ (1,304)

Income from discontinued operations, net of tax

548

Gain on sale of discontinued operations, net of tax

238

Net income (loss)

$ 7,841

$ 4,807

$ (518)

Basic weighted average shares outstanding

^[1]

17,772

17,106

13,525

Stock options and other share-based awards

Common stock warrants

^[2]

517

399

Diluted weighted average shares outstanding

18,360

17,547

13,525

Income (loss) from continuing operations per share, Basic

$ 0.44

$ 0.28

$ (0.10)

Income (loss) from continuing operations per share, Diluted

0.43

0.27

(0.10)

Income from discontinued operations, net of tax, per share, Basic and diluted

0.04

Gain on sale of discontinued operations, net of tax, per share, Basic and diluted

0.02

Net income (loss) per share, Basic

0.44

0.28

(0.04)

Net income (loss) per share, Diluted

$ 0.43

$ 0.27

$ (0.04)

Shares of common stock held by management stock loan participants

3,300

Common stock warrants not assumed if converted

6,200

[1]	Since we recognized net income for the fiscal years ended August 31, 2012 and August 31, 2011, basic weighted average shares for those periods includes 3.3 million shares of common stock held by management stock loan participants that were placed in escrow. These shares were excluded from basic weighted-average shares for the fiscal year ended August 31, 2010.
[2]	For the fiscal year ended August 31, 2010, the conversion of 6.2 million common stock warrants is not assumed because such conversion would be anti-dilutive.

Segment Information (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Aug. 31, 2012	Aug. 31, 2011	Aug. 31, 2010
Segment Reporting Information [Line Items]
Government contract receivable	$ 7.6	$ 6.9
United States/Canada [Member]
Segment Reporting Information [Line Items]
Capital expenditures related to capitalized curriculum	$ 2.1	3.1	$ 0.7
United States Federal Government [Member]
Segment Reporting Information [Line Items]
Sales which accounted for over 10%		$ 16.8
United States Federal Government [Member] \| Minimum [Member]
Segment Reporting Information [Line Items]
Percentage of consolidated revenues		10.00%

Segment Information (Schedule Of Segment Operations) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2012	Aug. 31, 2011	Aug. 31, 2010
Segment Reporting Information [Line Items]
Sales to external customers	$ 170,456	$ 160,804	$ 136,874
Gross Profit	112,683	103,474	89,071
Adjusted EBITDA	27,056	21,157	14,440
Depreciation	3,142	3,567	3,669
Amortization	2,499	3,540	3,760
Segment Assets	164,080	151,427	149,005
Capital expenditures	4,730	5,465	2,112
United States/Canada [Member]
Segment Reporting Information [Line Items]
Sales to external customers	125,183	118,420	98,344
Gross Profit	78,618	71,782	60,367
Adjusted EBITDA	15,144	12,947	7,956
Depreciation	1,436	1,722	1,825
Amortization	2,483	3,525	3,746
Segment Assets	74,387	76,152	74,527
Capital expenditures	3,934	4,020	1,966
International [Member]
Segment Reporting Information [Line Items]
Sales to external customers	42,052	40,011	35,309
Gross Profit	32,616	31,037	27,148
Adjusted EBITDA	16,874	15,068	10,456
Depreciation	365	436	352
Amortization	16	15	14
Segment Assets	12,436	10,902	13,205
Capital expenditures	289	938	86
Reportable Unit Assets [Member]
Segment Reporting Information [Line Items]
Sales to external customers	167,235	158,431	133,653
Gross Profit	111,234	102,819	87,515
Adjusted EBITDA	32,018	28,015	18,412
Depreciation	1,801	2,158	2,177
Amortization	2,499	3,540	3,760
Segment Assets	86,823	87,054	87,732
Capital expenditures	4,223	4,958	2,052
Corporate And Eliminations [Member]
Segment Reporting Information [Line Items]
Sales to external customers	3,221	2,373	3,221
Gross Profit	1,449	655	1,556
Adjusted EBITDA	(4,962)	(6,858)	(3,972)
Depreciation	1,341	1,409	1,492
Segment Assets	77,257	64,373	61,273
Capital expenditures	$ 507	$ 507	$ 60

Segment Information (Schedule Of EBITDA Segment) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2012	Aug. 31, 2011	Aug. 31, 2010
Segment Reporting Information [Line Items]
Adjusted EBITDA	$ (27,056)	$ (21,157)	$ (14,440)
Share-based compensation	(3,835)	(2,788)	(1,099)
Severance costs		(150)	(920)
Other			(954)
Depreciation	(3,142)	(3,567)	(3,669)
Amortization	(2,499)	(3,540)	(3,760)
Income from operations	17,580	11,112	4,038
Interest income	18	21	34
Interest expense	(2,482)	(2,687)	(2,892)
Discount on related party note receivable	(1,369)
Income from continuing operations before income taxes	13,747	8,446	1,180
Reportable Unit Assets [Member]
Segment Reporting Information [Line Items]
Adjusted EBITDA	(32,018)	(28,015)	(18,412)
Depreciation	(1,801)	(2,158)	(2,177)
Amortization	(2,499)	(3,540)	(3,760)
Corporate And Eliminations [Member]
Segment Reporting Information [Line Items]
Adjusted EBITDA	4,962	6,858	3,972
Depreciation	$ (1,341)	$ (1,409)	$ (1,492)

Segment Information (Reconciliation Of Enterprise Assets To Consolidated Assets) (Details) - USD ($) $ in Thousands	Aug. 31, 2012	Aug. 31, 2011	Aug. 31, 2010
Segment Reporting Information [Line Items]
Assets	$ 164,080	$ 151,427	$ 149,005
Corporate [Member]
Segment Reporting Information [Line Items]
Assets	77,323	64,421	61,323
Intercompany Accounts Receivable [Member]
Segment Reporting Information [Line Items]
Assets	(66)	(48)	(50)
Reportable Unit Assets [Member]
Segment Reporting Information [Line Items]
Assets	$ 86,823	$ 87,054	$ 87,732

Segment Information (Consolidated Revenues From Continuing Operations By Country) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2012	Aug. 31, 2011	Aug. 31, 2010
Segment Reporting Information [Line Items]
Sales	$ 170,456	$ 160,804	$ 136,874
United States [Member]
Segment Reporting Information [Line Items]
Sales	121,328	115,709	97,286
Japan [Member]
Segment Reporting Information [Line Items]
Sales	19,440	17,263	13,935
Canada [Member]
Segment Reporting Information [Line Items]
Sales	8,574	7,080	6,157
United Kingdom [Member]
Segment Reporting Information [Line Items]
Sales	5,341	5,143	5,751
Australia [Member]
Segment Reporting Information [Line Items]
Sales	3,992	5,058	4,545
China/Singapore [Member]
Segment Reporting Information [Line Items]
Sales	2,512	2,185	1,900
Mexico/Central America [Member]
Segment Reporting Information [Line Items]
Sales	913	837	590
Indonesia [Member]
Segment Reporting Information [Line Items]
Sales	705	610	461
Thailand [Member]
Segment Reporting Information [Line Items]
Sales	693	729	505
Denmark/Scandinavia [Member]
Segment Reporting Information [Line Items]
Sales	660	725	568
Korea [Member]
Segment Reporting Information [Line Items]
Sales	607	861	1,028
India [Member]
Segment Reporting Information [Line Items]
Sales	576	515	422
Brazil [Member]
Segment Reporting Information [Line Items]
Sales	509	567	460
Malaysia [Member]
Segment Reporting Information [Line Items]
Sales	458	429	362
Others [Member]
Segment Reporting Information [Line Items]
Sales	$ 4,148	$ 3,093	$ 2,904

Segment Information (Long-Lived Assets By Country) (Details) - USD ($) $ in Thousands	Aug. 31, 2012	Aug. 31, 2011	Aug. 31, 2010
Segment Reporting Information [Line Items]
Long-Lived Assets	$ 99,885	$ 99,371	$ 98,727
United States/Canada [Member]
Segment Reporting Information [Line Items]
Long-Lived Assets	98,211	97,455	96,512
Japan [Member]
Segment Reporting Information [Line Items]
Long-Lived Assets	1,359	1,690	1,962
United Kingdom [Member]
Segment Reporting Information [Line Items]
Long-Lived Assets	199	100	145
Australia [Member]
Segment Reporting Information [Line Items]
Long-Lived Assets	$ 116	$ 126	$ 108

Related Party Transactions (Details) $ in Thousands	3 Months Ended	12 Months Ended
Related Party Transactions (Details) $ in Thousands	Aug. 31, 2008 USD ($)	Aug. 31, 2012 USD ($) item	Aug. 31, 2011 USD ($)	Aug. 31, 2010 USD ($)	Dec. 31, 2008 USD ($)
Related Party Transaction [Line Items]
Purchase price in cash					$ 1,000
Total initial purchase price					$ 1,200
Annual contingent payment			$ 5,411	$ 3,256
Number of paid annual contingent payments \| item		2
Number of potential annual contingent payments \| item		5
Investment	$ 1,800
Percent voting interest in FCOP	19.50%
Capital contribution	$ 1,000
Percent return on capital contribution	10.00%
Discount on related party note receivable		$ 1,369
Percent discount on long-term portion of note receivable		15.00%
Receivable from FCOP		$ 7,100	5,700
Payable to FCOP		100	1,200
Intellectual Property [Member] \| Stephen M.R. Covey [Member]
Related Party Transaction [Line Items]
Royalty payments		1,200	1,100	1,100
Speaking Fees [Member] \| Son Of The Former Vice-Chairman Of The Board Of Directors [Member]
Related Party Transaction [Line Items]
Royalty payments		900	1,000	800
Accrued royalties payable		100	300
Speaking Fees [Member] \| Former Vice President [Member]
Related Party Transaction [Line Items]
Royalty payments			900
Sale Of Books [Member] \| Son Of The Former Vice-Chairman Of The Board Of Directors [Member]
Related Party Transaction [Line Items]
Royalty payments		200	100	200
Accrued royalties payable		100	100
Sale Of Books [Member] \| Former Vice-Chairman Of The Board Of Directors [Member]
Related Party Transaction [Line Items]
Royalty payments		800	300	$ 50
Accrued royalties payable		$ 1,400	$ 1,700

Share-Based Compensation (Stock Option Activity) (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Aug. 31, 2012 USD ($) $ / shares shares
Share-Based Compensation [Abstract]
Number of Stock Options, Outstanding at August 31, 2011 \| shares	675,000
Number of Stock Options, Granted \| shares
Number of Stock Options, Exercised \| shares
Number of Stock Options, Forfeited \| shares
Number of Stock Options, Outstanding at August 31, 2012 \| shares	675,000
Number of Stock Options, Options vested and exercisable at August 31, 2012 \| shares
Weighted Average Exercise Price Per Share, Outstanding at August 2011 \| $ / shares	$ 11.25
Weighted Average Exercise Price Per Share, Granted \| $ / shares
Weighted Average Exercise Price Per Share, Exercised \| $ / shares
Weighted Average Exercise Price Per Share, Forfeited \| $ / shares
Weighted Average Exercise Price Per Share, Outstanding at August 2012 \| $ / shares	11.25
Weighted Average Exercise Price Per Share, Options vested and exercisable at August 31, 2012 \| $ / shares
Weighted Average Remaining Contractual Life, Outstanding at August 31, 2012	7 years 9 months 18 days
Aggregate Intrinsic Value, Outstanding at August 31, 2012 \| $	$ 287
Aggregate Intrinsic Value, Options vested and exercisable at August 31, 2012 \| $