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Document And Entity Information - USD ($) $ in Millions	12 Months Ended
Document And Entity Information - USD ($) $ in Millions	Aug. 31, 2015	Oct. 31, 2015	Feb. 27, 2015
Document And Entity Information [Abstract]
Document Type	10-K
Document Period End Date	Aug. 31, 2015
Amendment Flag	false
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2015
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	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Common Stock, Shares Outstanding		16,216,509
Entity Public Float			$ 219.2

Consolidated Balance Sheets - USD ($) $ in Thousands	Aug. 31, 2015	Aug. 31, 2014
Current assets:
Cash and cash equivalents	$ 16,234	$ 10,483
Accounts receivable, less allowance for doubtful accounts of $1,333 and $918	65,182	61,490
Receivable from related party	2,425	1,851
Inventories	3,949	6,367
Income taxes receivable		2,432
Deferred income tax assets	2,479	4,340
Prepaid expensese	2,570	3,347
Other assets	2,586	2,706
Total current assets	95,425	93,016
Property and equipment, net	15,499	17,271
Intangible assets, net	53,449	57,177
Goodwill	19,903	19,641
Long-term receivable from related party	1,562	3,296
Other long-term assets	14,807	14,785
Total assets	200,645	205,186
Current liabilities:
Current portion of financing obligation	1,473	1,298
Accounts payable	8,306	12,001
Income taxes payable	221
Accrued liabilities	29,634	29,586
Total current liabilities	39,634	42,885
Financing obligation, less current portion	24,605	26,078
Other liabilities	3,802	3,934
Deferred income tax liabilities	7,098	5,575
Total liabilities	75,139	78,472
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	208,635	207,148
Retained earnings	69,612	58,496
Accumulated other comprehensive income	192	1,451
Treasury stock at cost, 10,909 shares and 10,266 shares	(154,286)	(141,734)
Total shareholders' equity	125,506	126,714
Total liabilities and shareholders' equity	$ 200,645	$ 205,186

Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Thousands, $ in Thousands	Aug. 31, 2015	Aug. 31, 2014
Consolidated Balance Sheets [Abstract]
Allowance for doubtful accounts	$ 1,333	$ 918
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	10,909	10,266

Consolidated Income Statements And Statements Of Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Aug. 31, 2015	Aug. 31, 2014	Aug. 31, 2013
Net sales:
Training and consulting services	$ 198,695	$ 193,720	$ 178,656
Products	6,885	7,518	8,114
Leasing	4,361	3,927	4,154
Total net sales	209,941	205,165	190,924
Cost of sales:
Training and consulting services	66,370	61,474	56,864
Products	3,306	3,502	3,122
Leasing	2,176	1,923	1,949
Total cost of sales	71,852	66,899	61,935
Gross profit	138,089	138,266	128,989
Selling, general, and administrative	108,802	105,801	101,176
Impaired assets	1,302	363
Restructuring costs	587
Depreciation	4,142	3,383	3,008
Amortization	3,727	3,954	3,191
Income from operations	19,529	24,765	21,614
Interest income	383	427	614
Interest expense	(2,137)	(2,237)	(2,332)
Discount on related party receivable	(363)	(1,196)	(519)
Other income, net			21
Income before income taxes	17,412	21,759	19,398
Provision for income taxes	(6,296)	(3,692)	(5,079)
Net income	$ 11,116	$ 18,067	$ 14,319
Net income per share:
Basic	$ 0.66	$ 1.08	$ 0.83
Diluted	$ 0.66	$ 1.07	$ 0.80
Weighted average number of common shares:
Basic	16,742	16,720	17,348
Diluted	16,923	16,947	17,971
COMPREHENSIVE INCOME:
Net income	$ 11,116	$ 18,067	$ 14,319
Foreign currency translation adjustments	(1,259)	(235)	(1,724)
Comprehensive income	$ 9,857	$ 17,832	$ 12,595

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2015	Aug. 31, 2014	Aug. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 11,116	$ 18,067	$ 14,319
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	7,875	7,326	6,131
Amortization of capitalized curriculum costs	4,093	2,824	1,891
Deferred income taxes	3,665	(679)	(1,739)
Share-based compensation expense	2,536	3,534	3,589
Impairment of assets	1,302	363
Excess income tax benefits from share-based compensation	(137)	(2,477)	(903)
Increase (decrease) of estimated acquisition earn out liability	35	(1,579)
Gain on disposals of assets			(17)
Changes in assets and liabilities, net of effect of acquired business:
Increase in accounts receivable, net	(4,355)	(9,548)	(15,171)
Decrease (increase) in inventories	2,239	(2,136)	(358)
Decrease (increase) in receivable from related party	620	2,248	(692)
Increase in prepaid expense and other assets	(2,010)	(1,543)	(122)
Increase (decrease) in accounts payable and accrued liabilities	(3,252)	3,646	6,173
Increase (decrease) in income taxes payable/receivable	2,548	(1,347)	1,504
Increase (decrease) in other long-term liabilities	(85)	(575)	923
Net cash provided by operating activities	26,190	18,124	15,528
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of property and equipment	(2,446)	(3,470)	(2,174)
Capitalized curriculum development and other intangible assets	(2,166)	(7,787)	(3,224)
Acquisition of businesses, net of cash acquired	(262)	(6,167)	(4,185)
Net cash used for investing activities	(4,874)	(17,424)	(9,583)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from line of credit borrowings		35,331
Payments on line of credit borrowings		(35,331)
Payments on notes payable financing			(2,708)
Principal payments on long-term debt and financing obligation	(1,302)	(1,155)	(1,022)
Purchases of common stock for treasury	(14,427)	(4,381)	(1,309)
Income tax benefits recorded in paid-in capital	137	2,477	903
Proceeds from sales of common stock held in treasury	689	614	495
Exercise of common stock warrants			(55)
Management stock loan activity			(138)
Net cash used for financing activities	(14,903)	(2,445)	(3,834)
Effect of foreign currency exchange rates on cash and cash equivalents	(662)	(63)	(831)
Net increase (decrease) in cash and cash equivalents	5,751	(1,808)	1,280
Cash and cash equivalents at beginning of the year	10,483	12,291	11,011
Cash and cash equivalents at end of the year	16,234	10,483	12,291
Supplemental disclosure of cash flow information:
Cash paid for income taxes	2,383	6,323	3,996
Cash paid for interest	2,130	2,237	2,322
Non-cash investing and financing activities:
Purchases of property and equipment financed by accounts payable	$ 134	$ 104	101
Acquisition of business financed by accrued liabilities			$ 2,250

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, 2012	27,056,000					(9,365,000)
Beginning balance at Aug. 31, 2012	$ 1,353	$ 182,534	$ 5,260	$ 26,110	$ 3,410	$ (128,112)
Issuance of common stock from treasury, shares						279,000
Issuance of common stock from treasury		(3,341)				$ 3,836
Purchase of treasury shares, shares						(113,000)
Purchase of treasury shares						$ (1,309)
Unvested share award, shares						31,000
Unvested share award		(421)				$ 421
Share-based compensation		3,457
Management stock loan activity, shares						(3,302,000)
Management stock loan activity		45,379				$ (45,514)
Warrant activity, shares						1,708,000
Warrant activity		(18,273)	$ (5,260)			$ 23,478
Cumulative translation adjustments					(1,724)		$ (1,724)
Tax benefits recorded in paid-in capital		903
Other, shares						3,000
Other		(11)				$ 11
Net income				14,319			$ 14,319
Ending balance, shares at Aug. 31, 2013	27,056,000					(10,759,000)
Ending balance at Aug. 31, 2013	$ 1,353	210,227		40,429	1,686	$ (147,189)
Issuance of common stock from treasury, shares						698,000	134,614
Issuance of common stock from treasury		(9,010)				$ 9,624
Purchase of treasury shares, shares						(222,000)
Purchase of treasury shares						$ (4,381)
Unvested share award, shares						15,000
Unvested share award		(202)				$ 202
Share-based compensation		3,666
Cumulative translation adjustments					(235)		$ (235)
Tax benefits recorded in paid-in capital		2,477
Other, shares						2,000
Other		(10)				$ 10
Net income				18,067			18,067
Ending balance, shares at Aug. 31, 2014	27,056,000					(10,266,000)
Ending balance at Aug. 31, 2014	$ 1,353	207,148		58,496	1,451	$ (141,734)	126,714
Issuance of common stock from treasury, shares						111,000
Issuance of common stock from treasury		(847)				$ 1,536
Purchase of treasury shares, shares						(778,000)
Purchase of treasury shares						$ (14,427)
Unvested share award, shares						24,000
Unvested share award		(336)				$ 336
Share-based compensation		2,536
Cumulative translation adjustments					(1,259)		(1,259)
Tax benefits recorded in paid-in capital		137
Other		(3)				$ 3
Net income				11,116			11,116
Ending balance, shares at Aug. 31, 2015	27,056,000					(10,909,000)
Ending balance at Aug. 31, 2015	$ 1,353	$ 208,635		$ 69,612	$ 192	$ (154,286)	$ 125,506

Nature Of Operations And Summary Of Significant Accounting Policies

12 Months Ended

Aug. 31, 2015

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

Nature Of Operations And Summary Of Significant Accounting Policies

NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Franklin Covey Co. (hereafter referred to as we, us, our, or the Company) is a global company specializing in performance improvement. We help individuals and organizations achieve results that require a change in human behavior and our mission is to “enable greatness in people and organizations everywhere.” Our expertise is in the following seven areas: Leadership, Execution, Productivity, Trust, Sales Performance, Customer Loyalty, and Education. Our offerings are described in further detail at www.franklincovey.com and elsewhere in this report. We have some of the best-known offerings in the training industry, including a suite of individual-effectiveness and leadership-development training and products based on the best-selling books, The 7 Habits of Highly Effective People, The Speed of Trust, The Leader In Me, and The Four Disciplines of Execution, and proprietary content in the areas of Execution, Sales Performance, Productivity, Customer Loyalty, and Educational Improvement. Through our organizational research and curriculum development efforts, we seek to consistently create, develop, and introduce new services and products that help individuals and organizations achieve their own great purposes.

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 29, 2014, February 28, 2015, and May 30, 2015 during fiscal 2015. 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.

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, 2015 or 2014.

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,		2015		2014
Finished goods	$	3,914	$	6,295
Raw materials		35		72
	$	3,949	$	6,367

Provision is made to reduce excess and obsolete inventories to their estimated net realizable value. In assessing the valuation 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, 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	5–7 years
Computer hardware and software	3–5 years
Furniture, fixtures, and leasehold improvements	5–7 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. For more information regarding impaired our asset charges in fiscal 2015 and fiscal 2014, refer to Note 12.

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 2015 evaluation of the Covey trade name, we believe the fair value of the Covey trade name substantially exceeds its carrying value. No impairment charges were recorded against the Covey trade name during the fiscal years ended August 31, 2015, 2014, or 2013.

Based on our fiscal 2015 goodwill evaluation, we believe the fair value of the reporting unit, which was defined as the consolidated Company, substantially exceeded the carrying value of our net assets. No impairment charges to goodwill were recorded during the fiscal years ended August 31, 2015, 2014, or 2013.

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. During fiscal 2015, we made significant revisions to our Speed of Trust offering and various other curriculums and programs. In fiscal 2014, the majority of our capital spending on curriculum was for our re-created The 7 Habits of Highly Effective People – Signature Edition, which is our best-selling offering throughout the world. 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.

Capitalized development costs are amortized over three- to five-year useful lives, which are based on numerous factors, including expected cycles of major changes to our content. Capitalized curriculum development costs are reported as a component of other long-term assets in our consolidated balance sheets and totaled $10.5 million and $12.4 million at August 31, 2015 and 2014. 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,		2015		2014
Unearned revenue	$	12,752	$	10,350
Accrued compensation		8,622		10,336
Intellectual property royalties		1,323		1,468
Other accrued liabilities		6,937		7,432
	$	29,634	$	29,586

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 differences are recorded as a component of accumulated other comprehensive income in shareholders’ equity. Foreign currency transaction gains and losses totaled a loss of $1.1 million, a loss of $0.1 million, and a gain of $0.2 million for the fiscal years ended August 31, 2015, 2014, and 2013, respectively, and are included as a component of selling, general, and administrative expenses in our consolidated income statements.

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 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 income statements. We did not enter into any derivative contracts during the fiscal years ended August 31, 2015, 2014, or 2013.

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 income statements.

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 direct office. 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 content 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 $13.7 million, $13.8 million, and $12.9 million for the fiscal years ended August 31, 2015, 2014, and 2013.

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 income statements based upon their fair values over the requisite service period. For more information on our share-based compensation plans, refer to Note 11.

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. Advertising costs included in selling, general, and administrative expenses totaled $7.4 million, $7.5 million, and $7.0 million for the fiscal years ended August 31, 2015, 2014, and 2013.

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 income statements.

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.

Accounting Pronouncements Issued Not Yet Adopted

On May 28, 2014 the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers. This new standard was issued in conjunction with the International Accounting Standards Board and is designed to create a single, principles-based process by which all businesses must calculate revenue. The new standard replaces numerous individual, industry-specific revenue rules found in U.S. generally accepted accounting principles and may be applied using the “full retrospective” or “modified retrospective” approach. During August 2015, the FASB deferred the implementation of ASU No. 2014-09 by one year and the provisions of this standard are now effective for fiscal years beginning after December 15, 2017 and for interim periods therein. As of August 31, 2015, we have not yet determined the method of adoption nor the impact that ASU No. 2014-09 will have on our reported revenue or results of operations.

Trade Accounts Receivable

12 Months Ended

Aug. 31, 2015

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, and we review the adequacy of the allowance for doubtful accounts on a regular basis. We determine the allowance for doubtful accounts using historical write-off experience based on the age of the receivable balances and current economic conditions in general. Receivable balances past due over 90 days, which exceed a specified dollar amount, are reviewed individually for collectibility. As we increase sales to governmental organizations, including school districts, and offer longer payment terms on certain contracts (which are still within our normal payment terms), our collection cycle may increase in future periods. If the risk of non-collection increases for such receivable balances, there may be additional charges to expense to increase the allowance for doubtful accounts.

We classify receivable amounts as current or long-term based on expected payment and record long-term accounts receivable at their net present value. During the fourth quarter of fiscal 2015, we became aware of financial difficulties at a contracting partner from whom we receive payment for services rendered on a large federal government contract. Subsequent to year end we received a $1.8 million payment from this entity and entered into discussions to convert the remaining receivable, which totaled $2.8 million, into a note receivable. Based on expected payment terms as of August 31, 2015, we reclassified this amount to other assets and other long-term assets on the consolidated balance sheet based on expected principal payments. The note receivable is expected to be due over a three-year period and bear interest at 5.0 percent per year. While we believe the amounts due are collectible within these revised terms, the failure of the contracting partner to pay us for these receivables may have an adverse impact on our cash flows, financial position, and liquidity.

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,		2015		2014		2013
Beginning balance	$	918	$	982	$	851
Charged to costs and expenses		699		141		190
Deductions		(284)		(205)		(59)
Ending balance	$	1,333	$	918	$	982

Deductions on the foregoing table represent the write-off of amounts deemed uncollectible during the fiscal year presented. Recoveries of amounts previously written off were insignificant for the periods presented.

Property And Equipment

12 Months Ended

Aug. 31, 2015

Property And Equipment [Abstract]

Property And Equipment

3.PROPERTY AND EQUIPMENT

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



AUGUST 31,		2015		2014
Land and improvements	$	1,312	$	1,312
Buildings		31,556		31,556
Machinery and equipment		2,273		2,243
Computer hardware and software		18,327		17,685
Furniture, fixtures, and leasehold
improvements		10,367		12,538
		63,835		65,334
Less accumulated depreciation		(48,336)		(48,063)
	$	15,499	$	17,271

Intangible Assets And Goodwill

12 Months Ended

Aug. 31, 2015

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, 2015		Amount		Amortization		Amount
Definite-lived intangible assets:
License rights	$	27,000	$	(15,852)	$	11,148
Acquired curriculum		58,549		(40,587)		17,962
Customer lists		16,827		(16,303)		524
Internally developed software		2,049		(1,708)		341
Trade names		1,250		(776)		474
		105,675		(75,226)		30,449
Indefinite-lived intangible asset:
Covey trade name		23,000		-		23,000
	$	128,675	$	(75,226)	$	53,449

AUGUST 31, 2014
Definite-lived intangible assets:
License rights	$	27,000	$	(14,915)	$	12,085
Acquired curriculum		58,555		(39,009)		19,546
Customer lists		16,827		(15,953)		874
Internally developed software		2,049		(1,025)		1,024
Trade names		1,250		(602)		648
		105,681		(71,504)		34,177
Indefinite-lived intangible asset:
Covey trade name		23,000		-		23,000
	$	128,681	$	(71,504)	$	57,177

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, 2015 were as follows:


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

License rights	11 years	30 years
Curriculum	4 to 11 years	26 years
Customer lists	2 to 4 years	14 years
Internally developed software	1 year	3 years
Trade names	2 to 4 years	5 years

Our aggregate amortization expense from definite-lived intangible assets totaled $3.7 million, $4.0 million, and $3.2 million for fiscal years 2015, 2014, and 2013. Amortization expense from our intangible assets over the next five years is expected to be as follows (in thousands):



YEAR ENDING
AUGUST 31,
2016	$	3,263
2017		2,883
2018		2,729
2019		2,489
2020		2,450

Our goodwill balance at August 31, 2015 was generated from the fiscal 2009 acquisition of CoveyLink Worldwide, LLC (CoveyLink), the fiscal 2013 acquisition of Ninety Five 5, LLC (Ninety Five 5), and the fiscal 2014 acquisition of Red Tree, Inc. The previous owners of CoveyLink, which includes a brother of one of our executive officers, were entitled to earn annual contingent payments based upon earnings growth over the subsequent five years. These contingent payments were classified as goodwill on our consolidated balance sheets when paid according to previously existing business combination guidance. During fiscal 2015 we made a $0.3 million final payment based on the results of a reassessment of the terms and conditions of the CoveyLink acquisition. Our consolidated goodwill changed as follows during fiscal 2015 and 2014 (in thousands):



Balance at August 31, 2013	$	16,135
Contingent earn out payment on
CoveyLink acquisition		3,456
Acquisition of Red Tree, Inc.		50
Accumulated impairments		-
Balance at August 31, 2014		19,641
Contingent earn out payment on
CoveyLink acquisition		262
Accumulated impairments		-
Balance at August 31, 2015	$	19,903

The goodwill generated by the Red Tree and Ninety Five 5 acquisitions are primarily attributable to the organization, methodologies, and curriculums that complement our existing practices and content. All of the goodwill generated from the acquisition of Red Tree and Ninety Five 5 is expected to be deductible for income tax purposes.

- 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

12 Months Ended

Aug. 31, 2015

Line Of Credit [Abstract]

Line Of Credit

5.LINE OF CREDIT

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 provided a revolving line of credit facility (the Revolving Line of Credit) with a maximum borrowing amount of $10.0 million and a term loan with maximum available borrowing of up to $5.0 million. The term loan was repaid in full as of August 31, 2013.

On March 31, 2015, we entered into the Fourth Modification Agreement to the Restated Credit Agreement. The primary purposes of the Fourth Modification Agreement are to (i) increase the maximum available credit on the Revolving Line of Credit; (ii) extend the maturity date of the Restated Credit Agreement; (iii) reduce the applicable interest rate on borrowings; (iv) reduce the unused commitment fee; and (v) increase the cap for permitted business acquisitions from $5.0 million to $10.0 million. The Revolving Line of Credit may be used for general business purposes. The key terms and conditions of the Revolving Line of Credit of the Fourth Modification Agreement are as follows:

Available Credit – The maximum borrowing amount was increased from $10.0 million to $30.0 million.

Maturity Date – The maturity date of the Revolving Line of Credit is now March 31, 2018.

Interest Rate – The effective interest rate was reduced from LIBOR plus 2.50 percent to LIBOR plus 1.85 percent per annum. The unused credit fee on the facility was reduced from 0.33 percent to 0.25 percent per annum.

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; (c) an annual limit on capital expenditures (not including capitalized curriculum development) of $8.0 million; and (d) outstanding borrowings on the Revolving Line of Credit may not exceed 150 percent of consolidated accounts receivable.

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 any amounts outstanding on the Restated Credit Agreement. At August 31, 2015, we believe that we were in compliance with the terms and covenants applicable to the Fourth Modification Agreement. The effective interest rate on our Revolving Line of Credit was 2.0 percent at August 31, 2015 and 2.7 percent August 31, 2014.

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 Revolving Line of Credit at August 31, 2015 or August 31, 2014.

Financing Obligation

12 Months Ended

Aug. 31, 2015

Financing Obligation [Abstract]

Financing Obligation

6.FINANCING OBLIGATION

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, under applicable accounting guidance 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 account for the sale as a financing transaction, which requires us to continue reporting the corporate headquarters facility as an asset and to record a financing obligation for the sale price.

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



AUGUST 31,		2015		2014
Financing obligation payable in
monthly installments of $286 at
August 31, 2015, including
principal and interest, with two
percent annual increases
(imputed interest at 7.7%),
through June 2025	$	26,078	$	27,376
Less current portion		(1,473)		(1,298)
Total financing obligation,
less current portion	$	24,605	$	26,078

Future principal maturities of our financing obligation were as follows at August 31, 2015 (in thousands):



YEAR ENDING
AUGUST 31,
2016	$	1,473
2017		1,662
2018		1,868
2019		2,092
2020		2,335
Thereafter		16,648
	$	26,078

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,
2016	$	3,440
2017		3,509
2018		3,579
2019		3,651
2020		3,724
Thereafter		18,956
Total future minimum financing
obligation payments		36,859
Less interest		(12,093)
Present value of future minimum
financing obligation payments	$	24,766

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 our financial statements.

Operating Leases

12 Months Ended

Aug. 31, 2015

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, books, and accessories. These operating lease agreements often 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, 2015, we had operating leases with remaining terms ranging from less than one year to approximately six years. Following the sale of our consumer solutions business unit assets, FC Organizational Products, LLC (FCOP) is contractually obligated to pay to us a portion of the 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 FCOP at August 31, 2015 (in thousands):



		Required		Receivable		Net Required
		Minimum		from FC		Minimum
YEAR ENDING		Lease		Organizational		Lease
AUGUST 31,		Payments		Products		Payments
2016	$	1,590	$	(535)	$	1,055
2017		581		-		581
2018		240		-		240
2019		218		-		218
2020		167		-		167
Thereafter		199		-		199
	$	2,995	$	(535)	$	2,460

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 $2.3 million during fiscal 2015 and $2.2 million for each of the fiscal years ended August 31, 2014 and 2013.

Lease Income

We have subleased the majority of our corporate headquarters campus located in Salt Lake City, Utah to multiple, unrelated tenants as well as to FCOP. 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 $36.2 million, which had a carrying value of $10.3 million at August 31, 2015. The following future minimum lease payments due to us from our sublease agreements at August 31, 2015 include lease income of approximately $1.3 million per year from FCOP. The majority of lease income due to us after fiscal 2019 is from FCOP (in thousands):



YEAR ENDING
AUGUST 31,
2016	$	4,167
2017		3,361
2018		3,396
2019		3,097
2020		3,175
Thereafter		4,551
	$	21,747

Sublease revenue totaled $4.4 million, $3.9 million, and $4.2 million during the fiscal years ended August 31, 2015, 2014, and 2013.

Commitments And Contingencies	12 Months Ended
Commitments And Contingencies	Aug. 31, 2015
Commitments And Contingencies [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 fiscal 2013, our warehouse and distribution agreement was amended to remove remaining fixed charges on our Salt Lake City warehouse facility. We are now contractually obligated to pay a monthly fixed charge for warehousing services at an HP facility in Des Moines, Iowa plus a variable charge based on certain warehouse activities. Because of the variable component of the agreement, our payments to HP may fluctuate in future periods based upon sales and specified activities. The warehouse and distribution fixed charge increases by two percent each year plus an escalation clause based upon changes in the Employment Cost Index. The HP outsourcing contract expires in June 2016 and our remaining estimated minimum fixed charges under the terms of this agreement at August 31, 2015 total $1.4 million. During fiscal years 2015, 2014, and 2013, we expensed $4.9 million, $5.2 million, and $5.0 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 HP outsourcing costs totaled $1.9 million, $2.2 million, and $2.2 million during the fiscal years ended August 31, 2015, 2014, and 2013. 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 vendors for products and services. At August 31, 2015, we had open purchase commitments totaling $3.0 million for products and services to be delivered primarily in fiscal 2016. 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, 2015. Letters of Credit At August 31, 2015 and 2014 we had standby letters of credit totaling $0.1 million. These letters of credit were primarily required to secure commitments for certain insurance policies and expire in January 2017. No amounts were outstanding on the letters of credit at either August 31, 2015 or August 31, 2014. Legal Matters and Loss Contingencies During fiscal 2012, a former software vendor performed a license review and claimed that in prior years we had used certain software modules that we were not licensed to use. After reviewing the claims from the vendor, we determined that the amounts claimed by the vendor were not consistent with our previously existing software licensing agreement. We settled this complaint during fiscal 2014 for an insignificant amount. We are also the subject of certain other legal actions, which we consider routine to our business activities. At August 31, 2015, 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.

Shareholders' Equity

12 Months Ended

Aug. 31, 2015

Shareholders' Equity [Abstract]

Shareholders' Equity

9.SHAREHOLDERS’ EQUITY

Preferred Stock

We have 14.0 million shares of preferred stock authorized for issuance. At August 31, 2015 and 2014, no shares of preferred stock were issued or outstanding.

Common Stock Warrants

Pursuant to the terms of a preferred stock recapitalization plan completed in fiscal 2005, we issued warrants to purchase 6.2 million shares of common stock with an exercise price of $8.00 per share that expired on March 8, 2013. Prior to the expiration of the warrants, we issued 2.3 million shares of our common stock, including 1.7 million shares during fiscal 2013, and paid approximately $55,000 (at our discretion) for net cash exercises in fiscal 2013.

Knowledge Capital Investment Group (Knowledge Capital), a related entity that originally held a warrant to purchase 5.9 million shares of our common stock (such warrant is included in the 6.2 million warrants discussed above), exercised its warrant at various dates according to the terms of a fiscal 2011 exercise agreement, and received a total of 2.2 million shares of our common stock from shares held in treasury. In the fiscal 2011 exercise agreement, Knowledge Capital agreed to the following:

To exercise its remaining warrant shares 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 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 (SEC), 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.

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 had no economic interest in the warrant.

Pursuant to the fiscal 2011 warrant exercise agreement with Knowledge Capital described above, we filed a registration statement with the SEC on Form S-3 to register shares held by Knowledge Capital. This registration statement was declared effective on January 26, 2015. On May 20, 2015, Knowledge Capital sold 400,000 shares of our common stock on the open market and we did not purchase any of these shares. At August 31, 2015, Knowledge Capital held 2.8 million shares of our common stock.

Treasury Stock

On January 23, 2015, our Board of Directors approved a new plan to repurchase up to $10.0 million of the Company’s outstanding common stock. All previously existing common stock repurchase plans were canceled and the new common share repurchase plan does not have an expiration date. On March 27, 2015, our Board of Directors increased the aggregate value of shares of Company common stock that may be purchased under the January 2015 plan to $40.0 million so long as we have either $10.0 million in cash and cash equivalents or have access to debt financing of at least $10.0 million. Under the terms of this expanded common stock repurchase plan, we have purchased 759,914 shares of our common stock for $14.1 million through August 31, 2015. The amount of common stock purchased for treasury on our consolidated statement of cash flows for the year ending August 31, 2015 includes 17,935 shares withheld for minimum statutory taxes on share-based compensation award shares issued to participants during fiscal 2015. The withheld shares were valued at the market price on the date that the shares were distributed to participants, which totaled $0.3 million.

The actual timing, number, and value of common shares repurchased under this plan will be determined at our discretion and will depend on a number of factors, including, among others, general market and business conditions, the trading price of common shares, and applicable legal requirements. The Company has no obligation to repurchase any common shares under the authorization, and the repurchase plan may be suspended, discontinued, or modified at any time for any reason.

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ 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=26873400&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
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-Subparagraph (SAB TOPIC 4.E)
-URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-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
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
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-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
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-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=27012166&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
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-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
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Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph d
-Article 4

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
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Reference 16: http://www.xbrl.org/2003/role/presentationRef
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-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
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Reference 17: http://www.xbrl.org/2003/role/presentationRef
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Reference 18: http://www.xbrl.org/2003/role/presentationRef
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Reference 19: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Fair Value Of Financial Instruments

12 Months Ended

Aug. 31, 2015

Fair Value Of Financial Instruments [Abstract]

Fair Value Of Financial Instruments

10.FAIR VALUE OF FINANCIAL INSTRUMENTS

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in an orderly transaction between market participants at the measurement date. The accounting standards related to fair value measurements include a hierarchy for information and valuations used in measuring fair value that is broken down into the following three levels based on reliability:

Level 1 valuations are based on quoted prices in active markets for identical instruments that the Company can access at the measurement date.

Level 2 valuations are based on inputs other than quoted prices included in Level 1 that are observable for the instrument, either directly or indirectly, for substantially the full term of the asset or liability including the following:

Quoted prices for similar, but not identical, instruments in active markets;

quoted prices for identical or similar instruments in markets that are not active;

inputs other than quoted prices that are observable for the instrument; or

inputs that are derived principally from or corroborated by observable market data by correlation or other means.

Level 3 valuations are based on information that is unobservable and significant to the overall fair value measurement.

The book value of our financial instruments at August 31, 2015 and 2014 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, 2015 or 2014, 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, 2015, our debt obligations consisted of a variable-rate revolving line of credit. The Revolving Line of Credit agreement is renewed on a regular basis and the terms are reflective of current market conditions. As a result, the carrying value of an obligation on the Revolving Line of Credit approximates its fair value.

Contingent Earn Out Payment Liability – During fiscal 2013, we acquired Ninety Five 5 (refer to Note 18). We reassess the fair value of expected contingent consideration and the corresponding liability each period using the Probability Weighted Expected Return Method, which is consistent with the initial measurement of expected earn out liability. This fair value measurement is considered a Level 3 measurement because we estimate projected earnings during the earn out period utilizing various potential pay-out scenarios. Probabilities were applied to each potential scenario and the resulting values were discounted using a rate that considered Ninety Five 5’s weighted average cost of capital as well as a specific risk premium associated with the riskiness of the earn out itself, the related projections, and the overall business. The earn out is payable in increments of $2.2 million based on the actual and projected financial results during the earn out measurement period, which ends on August 31, 2017. Therefore, we believe that projected financial results would need to increase significantly to reach the next payment threshold at $4.4 million or decline significantly to have the expected earn out payment reduced to zero. The contingent earn out liability is classified as a component of other long-term liabilities in our consolidated balance sheets. During the fiscal years ended August 31, 2015 and 2014, the contingent earn out liability changed as follows (in thousands):



Contingent earn out liability at August 31, 2013	$	4,109
Reduction of contingent earn out liability		(1,579)
Contingent earn out liability at August 31, 2014		2,530
Increase to contingent earn out liability		35
Contingent earn out liability at August 31, 2015	$	2,565

Changes to the estimated liability are reflected in selling, general, and administrative expenses in our consolidated income statements.

- 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 + Details

Share-Based Compensation

12 Months Ended

Aug. 31, 2015

Share-Based Compensation [Abstract]

Share-Based Compensation

11.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. The Organization and Compensation Committee of the Board of Directors (the Compensation Committee) has responsibility for the approval and oversight of our share-based compensation plans.

On January 23, 2015 our shareholders approved the 2015 Omnibus Incentive Plan (the 2015 Plan), which authorized an additional 1.0 million shares of common stock for issuance to employees and members of the Board of Directors as share-based payments. We believe that the 2015 Plan will provide sufficient available shares to grant awards over the next several years, based on current expectations of grants in future periods. A more detailed description of the 2015 Plan is set forth in the Company’s Proxy Statement filed with the SEC on December 22, 2014. At August 31, 2015, the 2015 Plan had approximately 964,000 shares available for future grants and our ESPP had approximately 490,000 shares remaining for purchase by plan participants.

The total compensation expense of our share-based compensation plans for the fiscal years ended August 31, 2015, 2014, and 2013 were as follows (in thousands):



YEAR ENDED
AUGUST 31,		2015		2014		2013
Performance awards	$	1,890	$	2,716	$	2,504
Fully vested share awards		125		371		112
Unvested share awards		400		334		383
Compensation cost of the ESPP		121		113		92
Management stock loans		-		-		498
	$	2,536	$	3,534	$	3,589

The compensation expense of our share-based compensation plans was included in selling, general, and administrative expenses in the accompanying consolidated income statements, and no share-based compensation was capitalized during fiscal years 2015, 2014, or 2013. During fiscal 2015, we issued 134,614 shares of our common stock from shares held in treasury for share-based compensation plans. Our share-based compensation plans allow recipients to have shares withheld from the award to pay minimum statutory tax liabilities. We withheld 17,935 shares of common stock from participant awards that had a total value of $0.3 million in fiscal 2015. The following is a description of our share-based compensation plans.

Performance Awards

In fiscal 2015, the Compensation Committee approved a modification to exclude the effects of foreign exchange on the measurement of performance criteria on the outstanding tranches of our long-term incentive plan (LTIP) awards. Accordingly, we calculated incremental compensation expense based upon the fair value of (closing price) our common stock on the modification date, which totaled $0.7 million. We recognized $0.5 million of the incremental compensation expense during fiscal 2015 for service provided in the current and previous fiscal years associated with the modification.

Fiscal 2015 LTIP Award – During fiscal 2015, the Compensation Committee granted a new performance-based award for our executive officers and certain members of senior management. A total of 112,464 shares may be awarded to the participants based on six individual vesting conditions that are divided into two performance measures, trailing four-quarter adjusted earnings before interest, taxes, depreciation, and amortization (Adjusted EBITDA) and increased sales of Leadership, Productivity, and Trust practice sales (the Practice Sales) as shown below.



	Adjusted EBITDA				Practice Sales
	Award				Award
	Goal	Number of	Tranche		Goal	Number of	Tranche
	(millions)	Shares	Status		(millions)	Shares	Status
$	39.6	26,241	not vested	$	107.0	11,247	not vested
$	45.5	26,241	not vested	$	118.0	11,247	not vested
$	52.3	26,241	not vested	$	130.0	11,247	not vested
		78,723				33,741

Each of the LTIP performance awards have a maximum life of six years and compensation expense is recognized as we determine it is probable that the shares will vest. Adjustments to compensation expense to reflect the timing of and the number of shares expected to be awarded will be made on a cumulative basis at the date of the adjustment.

Fiscal 2014 LTIP Award – During the first quarter of fiscal 2014, the Compensation Committee granted new performance-based equity awards for our executive officers. A total of 89,418 shares may be awarded to the participants based on six individual vesting conditions that are divided into two performance measures, trailing four-quarter Adjusted EBITDA and trailing four-quarter increased sales of courses related to The 7 Habits of Highly Effective People (the 7 Habits). During fiscal 2015, the second tranche of the 7 Habits increased sales award vested to participants. The following information applies to the fiscal 2014 LTIP award as of August 31, 2015.



	Adjusted EBITDA				7 Habits Increased Sales
	Award				Award
	Goal	Number of	Tranche		Goal	Number of	Tranche
	(millions)	Shares	Status		(millions)	Shares	Status
$	37.0	20,864	not vested	$	5.0	8,942	vested
$	43.0	20,864	not vested	$	10.0	8,942	vested
$	49.0	20,864	not vested	$	12.5	8,942	not vested
		62,592				26,826

Fiscal 2013 LTIP Award – During the first quarter of fiscal 2013, 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 68,085 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. No tranches of this award vested during fiscal 2015. The following information applies to the fiscal 2013 LTIP award as of August 31, 2015.



	Adjusted EBITDA				Productivity Practice Sales
	Award				Award
	Goal	Number of	Tranche		Goal	Number of	Tranche
	(millions)	Shares	Status		(millions)	Shares	Status
$	33.0	15,887	vested	$	23.5	6,808	vested
$	40.0	15,887	not vested	$	26.5	6,808	not vested
$	47.0	15,887	not vested	$	29.5	6,808	not vested
		47,661				20,424

Fiscal 2012 LTIP Award - During fiscal 2012, the Compensation Committee granted a performance-based equity award for the CEO, CFO, and CPO similar to the fiscal 2013 executive award described above. 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. No tranches of this award vested during fiscal 2015. The following information applies to the fiscal 2012 LTIP award as of August 31, 2015.



	Adjusted EBITDA				Productivity Practice Sales
	Award				Award
	Goal	Number of	Tranche		Goal	Number of	Tranche
	(millions)	Shares	Status		(millions)	Shares	Status
$	26.0	24,757	vested	$	20.5	10,610	vested
$	33.0	24,757	vested	$	23.5	10,610	vested
$	40.0	24,757	not vested	$	26.5	10,610	not vested
		74,271				31,830

Common Stock Price Performance Award – On July 15, 2011, the Compensation Committee approved a share-based compensation plan that would allow certain members of our management team to receive shares of the Company’s common stock if the closing price of our common stock averaged specified levels over a five-day period. If the price of our common stock achieved the specified levels within three years of the grant date, 100 percent of the awarded shares would vest. If the price of our common stock reached the specified levels between three and five years from the grant date, only 50 percent of the performance shares would vest. No shares would vest to participants if the specified price targets were met after five years from the grant date. 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 approximately one-fourth in fiscal 2013. Additional supplemental awards were made to three employees during fiscal 2014 as shown on the table below. This award program was designed to increase shareholder value as shares would only be awarded to participants if our share price increased significantly over a relatively short period of time. During fiscal 2014 the specified common share prices for all grants were achieved and all tranches of the award as described below vested to the participants.

Since this performance award had market-based vesting conditions, the fair value and derived service periods of the grants within this award were determined using Monte Carlo simulation valuation models. The following table presents key information related to the tranches granted in this award.


Model Input	Fiscal 2014 Grant 2	Fiscal 2014 Grant 1	Fiscal 2013 Grant	Fiscal 2012 Grant	Fiscal 2011 Grant
Number of shares	13,477	8,352	120,101	177,616	294,158
Vesting price per share	$18.05; 22.00	$ 22.00	$ 22.00	$ 18.05	$ 17.00
Grant date price per share	$ 20.01	$ 19.68	$ 16.03	$ 9.55	$ 11.34
Volatility	47.1%	52.8%	54.2%	54.6%	49.8%
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%
Risk-free rate	1.70%	1.39%	1.37%	0.62%	1.48%
Grant date	April 16, 2014	Nov. 22, 2013	July 18, 2013	July 19, 2012	July 15, 2011
Fair value of award (thousands)	$ 265	$ 155	$ 1,651	$ 1,188	$ 2,647
Derived service period (years)	0.2	0.2	0.6	1.4	0.9
Unrecognized compensation expense at 8/31/2014 (thousands)	$-	$-	$-	$-	$-

The April 2014 grant shown above included 9,557 shares with a vesting price of $18.05 per share (equal to the fiscal 2012 grant vesting price) and 3,920 shares with a $22.00 per share vesting price. Since our share price on the grant date was greater than the vesting price for the 9,557 shares granted, the fair value of these shares was determined by multiplying the number of shares by the grant date price per share, which resulted in $0.2 million of share-based compensation expense. The $0.2 million of compensation expense for these shares was recorded on the summary share-based compensation table above as a component of fully vested share award expense.

Fiscal 2010 LTIP Award – Under the terms of the fiscal 2010 LTIP, participants were entitled to receive common shares based upon the achievement of specified financial performance objectives during the defined performance period. Adjustments to the number of shares awarded, and to the corresponding compensation expense, were made on a cumulative basis at the adjustment date based upon the revised estimated probable number of common shares to be issued.

The key terms of the fiscal 2010 LTIP award were as follows:

Vesting Dates – August 31, 2012, March 2, 2013, and August 31, 2013

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

The fiscal 2010 LTIP had a four-year performance period with three potential vesting dates if certain financial measures were achieved. We recorded compensation expense over the service period of the award based on the estimated number of shares expected to be issued at each of the vesting dates. Based on financial performance over the life of the award, plan participants received 171,414 shares for performance through August 31, 2012; 18,003 shares for performance through March 2, 2013; and 12,524 shares for performance through August 31, 2013.

Management Common Stock Loans

During the second quarter of fiscal 2013, we determined that the breakeven price for management stock loans with shares held in escrow was achieved (Note 19). Accordingly, we transferred 3.3 million shares of common stock held by management loan participants in escrow to our transfer agent as full payment on the loans. Since these loans were accounted for as share-based instruments, we recorded $0.5 million of share-based compensation expense for the value of the common stock retained by management stock loan participants that was in excess of the breakeven value on the date the loans were repaid.

Unvested Stock Awards

The annual Board of Director unvested stock award, which is administered under the terms of the Franklin Covey Co. 2015 Omnibus Incentive Plan, is designed to provide our non-employee directors, who are not eligible to participate in our employee stock purchase 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 $75,000 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 program, we issued 24,210 shares, 14,616 shares, and 30,672 shares of our common stock to eligible members of the Board of Directors during the fiscal years ended August 31, 2015, 2014, and 2013. The fair value of shares awarded to the directors was $0.5 million in fiscal 2015, $0.3 million in fiscal 2014, and $0.4 million in fiscal 2013 as calculated on the grant date of the awards. The corresponding compensation cost is 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 $0.3 million, $0.2 million, and $0.4 million for the fiscal years ended August 31, 2015, 2014, and 2013. The following information applies to our unvested stock awards for the fiscal year ended August 31, 2015:



			Weighted-
			Average Grant-
			Date Fair
	Number of		Value Per
	Shares		Share
Unvested stock awards at
August 31, 2014	14,616	$	20.53
Granted	24,210		18.59
Forfeited	-		-
Vested	(14,616)		20.53
Unvested stock awards at
August 31, 2015	24,210	$	18.59

At August 31, 2015, there was $0.2 million of unrecognized compensation cost related to unvested stock awards, which is expected to be recognized over the remaining weighted-average vesting period of approximately three months. The total recognized tax benefit from unvested stock awards totaled $0.1 million for each of the fiscal years ended August 31, 2015, 2014, and 2013, respectively. The intrinsic value of our unvested stock awards at August 31, 2015 was $0.4 million.

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. Information related to our stock option activity during the fiscal year ended August 31, 2015 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, 2014	631,250	$	11.41
Granted	-		-
Exercised	-		-
Forfeited	-		-
Outstanding at August 31, 2015	631,250	$	11.41	4.8	$	3,361

Options vested and exercisable at
August 31, 2015	631,250	$	11.41	4.8	$	3,361

Our stock options were awarded in fiscal 2011 and fiscal 2010 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. These options vested during fiscal 2013 in conjunction with the resolution of the management common stock loan program. The vesting requirement 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. During fiscal 2014, we had 43,750 stock options exercised on a net share basis, which had an aggregate intrinsic value of $0.5 million. At August 31, 2015, there was no remaining unrecognized compensation expense related to our stock options and no options were exercised during the fiscal years ended August 31, 2015 or August 31, 2013.

The following additional information applies to our stock options outstanding at August 31, 2015:



		Weighted
	Number	Average		Options
	Outstanding	Remaining	Weighted	Exercisable at	Weighted
	at August 31,	Contractual	Average	August 31,	Average
Exercise Prices	2015	Life (Years)	Exercise Price	2015	Exercise Price
$9.00	125,000	4.9	$9.00	125,000	$9.00
$10.00	168,750	4.8	$10.00	168,750	$10.00
$12.00	168,750	4.8	$12.00	168,750	$12.00
$14.00	168,750	4.8	$14.00	168,750	$14.00
	631,250			631,250

Fully Vested Stock Awards

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 long-term performance. The program grants shares of our common stock to each client partner who has sold over $20.0 million in cumulative sales or consultant who has delivered over 1,500 days of consulting during their career. During fiscal 2013 the award was changed from 2,000 shares of our common stock to $15,000 of common stock. During fiscal 2015, five individuals qualified for this award; 12 individuals qualified for the award in fiscal 2014; and six individuals qualified for the award in fiscal 2013.

In the fourth quarter of fiscal 2015 the Compensation Committee approved a fully vested award equal to $10,000 for each general manager or area director that achieved a specified sales goal. Five individuals achieved their sales goals and qualified for the award. This award was only for fourth quarter fiscal 2015 sales performance and no additional awards may be granted under the terms of this award. Due to the immateriality of expected awards to be earned in future periods, we did not record an obligation for future fully vested awards at August 31, 2015 or August 31, 2014.

Employee Stock Purchase Plan

The Company has an employee stock purchase plan 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. We issued a total of 42,687 shares, 36,761 shares, and 45,845 shares to ESPP participants during the fiscal years ended August 31, 2015, 2014, and 2013, which had a corresponding cost basis of $0.6 million, $0.5 million, and $0.6 million, respectively. We received cash proceeds for these shares from ESPP participants totaling $0.7 million, $0.6 million, and $0.5 million during the fiscal years ended August 31, 2015, 2014, and 2013.

Impaired Assets

12 Months Ended

Aug. 31, 2015

Impaired Assets [Abstract]

Impaired Assets

12.IMPAIRED ASSETS

Our impaired asset charges consisted of the following (in thousands):



YEAR ENDED
AUGUST 31,		2015		2014
Long-term receivables from FCOP	$	541	$	363
Capitalized curriculum		414		-
Investment cost method subsidiary		220		-
Prepaid expenses and other long-term assets		127		-
	$	1,302	$	363

The following is a description of the circumstances regarding the impairment of these long-lived assets.

Long-Term Receivables From FCOP – During the third quarter of fiscal 2015 we determined that the operating agreements between the Company and FCOP allow us to collect reimbursement for certain rental expenses prior to the annual required distribution of earnings to FCOP’s creditors. Such rents were previously treated as lower in priority and therefore, were considered long-term receivables. Although this determination is expected to improve our cash flows and collections of rents receivable from FCOP in the short term, it also reduces the amount of cash we are expecting to receive from the required distribution of earnings to pay long-term receivable balances. After this determination was made, the present value of our previously recorded long-term receivables was more than the present value of expected corresponding cash flows. Accordingly, we recalculated our discount on the long-term receivables and impaired the remaining balance.

Subsequent to August 31, 2014, we received new cash flow and earnings projections from FCOP that reflected weaker sales of certain accessory products, which had a significant adverse impact on expected cash flows and earnings in future periods. Accordingly, we determined that an additional $0.6 million discount and a corresponding $0.4 million impairment charge were needed to reduce the long-term receivable from FCOP to its net realizable value and net present value.

Capitalized Curriculum – During fiscal 2015, we determined that it would be beneficial to discontinue a component of one of our existing offerings and we received legal notice that another offering contained names trademarked by another entity. Since the Company currently offers a similar program, the decision was made to discontinue the offering rather than modify the curriculum as required by applicable trademark law. Accordingly, we impaired the remaining unamortized carrying value of these offerings. These items were classified as components of other long-term assets on our consolidated balance sheets.

Investment in Cost Method Subsidiary – In the fourth quarter of fiscal 2015 we became aware of financial difficulties at an entity in which we had an investment accounted for under the cost method. Based on discussions with management of the entity we determined that the investment in this subsidiary would not be recoverable in future periods due to going concern considerations. Accordingly, we impaired the carrying value of the investment in this entity. The investment in this entity was previously classified as a component of other long-term assets in our consolidated balance sheets.

Prepaid Expenses and Other Long-Term Assets – In connection with a component of one of our offerings that was discontinued (as described above), we had prepaid royalties to an unrelated developer. Based on the decision to impair the curriculum, we determined that the probability of receiving cash flows sufficient to recover the prepaid royalties was remote and we expensed the carrying value of these prepaid assets. Approximately $60,000 of this balance was previously included in other long-term assets.

Restructuring Costs

12 Months Ended

Aug. 31, 2015

Restructuring Costs [Abstract]

Restructuring Costs

13.RESTRUCTURING COSTS

During the fourth quarter of fiscal 2015, we realigned our regional sales offices that serve the United States and Canada. As a result of this realignment, we closed our northeastern regional sales office located in Pennsylvania and created new geographic sales regions. In connection with this restructuring, we incurred costs related to involuntary severance and office closure costs. The restructuring charge taken during the fiscal year ended August 31, 2015 was comprised of the following (in thousands):



Description		Amount
Severance costs	$	570
Office closure costs		17
	$	587

The majority of these costs were paid prior to August 31, 2015 and the remaining restructuring liability totaled $0.1 million at August 31, 2015 and was included as a component of accrued liabilities in our consolidated balance sheets. All of the remaining accrued severance at August 31, 2015 was paid during September 2015. We expect to sign a subleasing agreement for the vacated office space during the first quarter of fiscal 2016 that will relieve any future liability for the leased space.

Employee Benefit Plans	12 Months Ended
Employee Benefit Plans	Aug. 31, 2015
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 $1.7 million, $1.6 million, and $1.2 million during each of the fiscal years ended August 31, 2015, 2014, and 2013. We do not sponsor or participate in any defined-benefit pension plans. Deferred Compensation Plan We had 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, 2015 and 2014, 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, 2015

Income Taxes [Abstract]

Income Taxes

15.INCOME TAXES

Our provision for income taxes consisted of the following (in thousands):



YEAR ENDED
AUGUST 31,		2015		2014		2013
Current:
Federal	$	220	$	(237)	$	1,251
State		208		146		273
Foreign		2,691		2,557		3,256
		3,119		2,466		4,780

Deferred:
Federal		3,239		1,217		864
State		138		277		(414)
Foreign		(200)		(268)		(151)
		3,177		1,226		299
	$	6,296	$	3,692	$	5,079

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



YEAR ENDED
AUGUST 31,		2015		2014		2013
Net income	$	6,296	$	3,692	$	5,079
Other comprehensive income		(52)		24		(260)
	$	6,244	$	3,716	$	4,819

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



YEAR ENDED
AUGUST 31,		2015		2014		2013
United States	$	15,073	$	19,256	$	14,939
Foreign		2,339		2,503		4,459
	$	17,412	$	21,759	$	19,398

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


YEAR ENDED AUGUST 31,	2015	2014	2013
Federal statutory income tax rate	35.0%	35.0%	35.0%
State income taxes, net of federal effect	2.3	1.9	1.6
Foreign jurisdictions tax differential	1.2	(0.4)	1.0
Tax differential on income subject to both U.S. and foreign taxes	0.5	0.5	(3.3)
Effect of claiming foreign tax credits instead of deductions for prior years	(3.2)	(19.3)	(12.2)
Uncertain tax positions	(0.9)	(2.6)	1.8
Management stock loan interest and non-deductible expenses	-	-	1.3
Non-deductible executive compensation	0.2	0.9	0.9
Non-deductible meals and entertainment	1.1	0.8	0.8
Other	-	0.2	(0.7)
	36.2%	17.0%	26.2%

In prior fiscal years, we elected to take deductions on our U.S. federal income tax returns for foreign income taxes paid, rather than claiming foreign tax credits. During those years we either generated or used net operating loss carryforwards and were therefore unable to utilize foreign tax credits. In fiscal 2011 we began claiming foreign tax credits on our U.S. federal income tax returns. Although we could not utilize the credits we claimed for fiscal 2012 and fiscal 2011 in those respective years, we concluded it was more likely than not that these foreign tax credits will be utilized in the future.

Since August 31, 2012, we have no remaining U.S. federal net operating loss carryforwards. Additionally, overall U.S. taxable income and foreign source income for fiscal 2014 and 2013 were sufficient to utilize all of the foreign tax credits generated during those fiscal years, plus additional credits generated in prior years. Accordingly, we amended our U.S. federal income tax returns from fiscal 2003 through fiscal 2010 to claim foreign tax credits instead of foreign tax deductions. The net tax benefit resulting from claiming these additional foreign tax credits, which was recorded in the period the decision was made to amend the related returns, totaled $4.2 million in fiscal 2014 and $2.4 million in fiscal 2013. In fiscal 2015 we finalized the calculations of the impact of amending previously filed federal income tax returns to realize foreign tax credits previously treated as expired under the tax positions taken in the original returns. The income tax benefit recognized from these foreign tax credits totaled $0.6 million in fiscal 2015.

During the fiscal year ended August 31, 2013, we accrued taxable interest income on outstanding management common stock loans (Note 19). Consistent with the accounting treatment for these loans, we did not recognize interest income, thus resulting in a permanent book versus tax difference. We also recognized expenses during fiscal 2013 in connection with the resolution of the management stock loans, which were not deductible for income tax purposes.

We recognized tax benefits from deductions for share-based compensation in excess of the corresponding expense recorded for financial statement purposes. Instead of reducing our income tax expense for these benefits, we recorded $0.1 million, $2.5 million, and $0.9 million to additional paid-in capital in the fiscal years ending August 31, 2015, 2014, and 2013.

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



AUGUST 31,		2015		2014
Deferred income tax assets:
Sale and financing of corporate
headquarters	$	9,531	$	9,951
Foreign income tax credit
carryforward		5,106		8,025
Share-based compensation		1,671		1,258
Inventory and bad debt reserves		1,025		847
Bonus and other accruals		934		994
Unearned revenue		328		2,253
Other		810		671
Total deferred income tax assets		19,405		23,999
Less: valuation allowance		-		-
Net deferred income tax assets		19,405		23,999

Deferred income tax liabilities:
Intangibles step-ups – indefinite lived		(8,515)		(8,475)
Intangibles step-ups – definite lived		(6,552)		(7,075)
Property and equipment depreciation		(3,139)		(3,854)
Intangible asset impairment and
amortization		(5,001)		(5,157)
Unremitted earnings of foreign
subsidiaries		(546)		(503)
Other		(77)		(80)
Total deferred income tax liabilities		(23,830)		(25,144)
Net deferred income taxes	$	(4,425)	$	(1,145)

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



AUGUST 31,		2015		2014
Current assets	$	2,479	$	4,340
Long-term assets		194		90
Long-term liabilities		(7,098)		(5,575)
Net deferred income tax liability	$	(4,425)	$	(1,145)

As of August 31, 2015 we have utilized all of our U.S. federal net operating loss carryforwards. The Company still has U.S. state net operating loss carryforwards generated in various jurisdictions that expire primarily between September 1, 2015 and August 31, 2029.

Our U.S. foreign income tax credit carryforwards were comprised of the following at August 31, 2015 (in thousands):



Credit Generated in					Credits Used		Credits Used		Credits
Fiscal Year Ended	Credit Expires		Credits		in Prior		in Fiscal		Carried
August 31,	August 31,		Generated		Years		2015		Forward
2008	2018	$	1,444	$	(1,444)	$	-	$	-
2009	2019		2,006		(1,041)		(965)		-
2010	2020		2,907		-		(1,247)		1,660
2011	2021		3,446		-		-		3,446
2012	2022		2,563		(2,563)		-		-
2013	2023		2,815		(2,815)		-		-
2014	2024		1,378		(1,378)		-		-
2015	2025		1,441		-		(1,441)		-
		$	18,000	$	(9,241)	$	(3,653)	$	5,106

We amended our U.S. federal income tax returns from fiscal 2003 through fiscal 2010 to claim foreign tax credits instead of the foreign tax deductions that were previously claimed. The additional taxable income from claiming these foreign tax credits results in the complete utilization of our remaining net operating loss carryforwards in fiscal 2012, as well as the ability to utilize all of the foreign tax credit generated in fiscal 2012.

We have determined that projected future taxable income is adequate to allow for realization of all 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 deferred tax assets is more likely than not at August 31, 2015.

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



YEAR ENDED
AUGUST 31,		2015		2014		2013
Beginning balance	$	3,491	$	4,129	$	4,212
Additions based on tax positions
related to the current year		244		157		720
Additions for tax positions in
prior years		144		60		69
Reductions for tax positions of prior
years resulting from the lapse of
applicable statute of limitations		(339)		(663)		(74)
Other reductions for tax positions of
prior years		(425)		(192)		(798)
Ending balance	$	3,115	$	3,491	$	4,129

The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate is $2.2 million at August 31, 2015 and $2.5 million at August 31, 2014. Included in the ending balance of gross unrecognized tax benefits at August 31, 2015 is $2.8 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 an insignificant amount in fiscal 2015 and fiscal 2014, and increased income tax expense by $0.1 million in fiscal 2013. The balance of interest and penalties included on our consolidated balance sheets at August 31, 2015 and 2014 was $0.3 million each year. We do not expect a material change in our unrecognized tax benefits over the next 12 months.

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.

2008-2015	Canada
2008-2015	Australia
2010-2015	Japan, United Kingdom
2011-2015	United States – state and local income tax
2012-2015	United States – federal income tax

Earnings Per Share

12 Months Ended

Aug. 31, 2015

Earnings Per Share [Abstract]

Earnings Per Share

16.EARNINGS PER SHARE

The following is a reconciliation from basic earnings per share (EPS) to diluted EPS (in thousands, except per-share amounts).



YEAR ENDED
AUGUST 31,		2015		2014		2013
Numerator for basic and
diluted earnings per share:
Net income	$	11,116	$	18,067	$	14,319

Denominator for basic and
diluted earnings per share:
Basic weighted average shares
outstanding		16,742		16,720		17,348
Effect of dilutive securities:
Stock options and other
share-based awards		181		227		91
Common stock warrants		-		-		532
Diluted weighted average shares
outstanding		16,923		16,947		17,971

EPS Calculations:
Net income per share:
Basic	$	0.66	$	1.08	$	0.83
Diluted		0.66		1.07		0.80

Other securities, including performance share-based compensation instruments, may have a dilutive effect on our EPS calculation in future periods if our financial results reach specified targets (Note 11).

Segment Information

12 Months Ended

Aug. 31, 2015

Segment Information [Abstract]

Segment Information

17.SEGMENT INFORMATION

Enterprise Information

Our sales are primarily comprised of training and content 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 direct offices and royalty revenues from international 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 enterprise reporting purposes, our consolidated Adjusted EBITDA can be calculated as our income or loss from operations excluding share-based compensation, restructuring charges, depreciation expense, amortization expense, and certain other charges such as impaired asset charges and adjustments for changes in the fair value of contingent earn out liabilities from previous business acquisitions.

In the normal course of business we may make structural and cost allocation revisions to our enterprise information to reflect new reporting responsibilities within the organization. All prior period enterprise information has been revised to conform to the most recent classifications and organizational changes. We account for our enterprise information on the same basis as the accompanying consolidated financial statements.

ENTERPRISE INFORMATION



		Sales to
Fiscal Year Ended		External				Adjusted								Capital
August 31, 2015		Customers		Gross Profit		EBITDA		Depreciation		Amortization		Assets		Expenditures

U.S./Canada	$	161,859	$	101,917	$	16,405	$	2,157	$	3,722	$	79,215	$	3,618
International		43,721		33,981		20,272		322		5		17,899		209
Total		205,580		135,898		36,677		2,479		3,727		97,114		3,827
Corporate and eliminations		4,361		2,191		(4,819)		1,663		-		103,531		814
Consolidated	$	209,941	$	138,089	$	31,858	$	4,142	$	3,727	$	200,645	$	4,641

Fiscal Year Ended
August 31, 2014

U.S./Canada	$	156,537	$	101,214	$	18,990	$	1,704	$	3,869	$	85,847	$	10,008
International		44,701		35,047		19,888		338		85		15,220		401
Total		201,238		136,261		38,878		2,042		3,954		101,067		10,409
Corporate and eliminations		3,927		2,005		(4,458)		1,341		-		104,119		852
Consolidated	$	205,165	$	138,266	$	34,420	$	3,383	$	3,954	$	205,186	$	11,261

Fiscal Year Ended
August 31, 2013

U.S./Canada	$	142,616	$	91,637	$	16,419	$	1,286	$	3,180	$	83,391	$	4,106
International		44,154		35,146		20,267		327		11		13,567		146
Total		186,770		126,783		36,686		1,613		3,191		96,958		4,252
Corporate and eliminations		4,154		2,206		(5,284)		1,395		-		92,447		166
Consolidated	$	190,924	$	128,989	$	31,402	$	3,008	$	3,191	$	189,405	$	4,418

Capital expenditures in our U.S./Canada operations include $2.2 million, $7.8 million, and $2.6 million of spending on capitalized curriculum during the fiscal years ended August 31, 2015, 2014, and 2013.

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



YEAR ENDED
AUGUST 31,		2015		2014		2013
Enterprise Adjusted EBITDA	$	36,677	$	38,878	$	36,686
Corporate expenses		(4,819)		(4,458)		(5,284)
Consolidated Adjusted EBITDA		31,858		34,420		31,402
Share-based compensation		(2,536)		(3,534)		(3,589)
Reduction (increase) in
contingent earn out		(35)		1,579		-
Impaired assets		(1,302)		(363)		-
Restructuring costs		(587)		-		-
Depreciation		(4,142)		(3,383)		(3,008)
Amortization		(3,727)		(3,954)		(3,191)
Income from operations		19,529		24,765		21,614
Interest income		383		427		614
Interest expense		(2,137)		(2,237)		(2,332)
Discount on related party receivable		(363)		(1,196)		(519)
Other, net		-		-		21
Income before income taxes	$	17,412	$	21,759	$	19,398

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.

Geographic Information

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



YEAR ENDED
AUGUST 31,		2015		2014		2013
United States	$	162,594	$	153,999	$	138,599
Japan		14,446		16,652		19,594
United Kingdom		8,997		6,899		5,428
Canada		6,460		8,780		9,866
China/Singapore		3,821		3,322		2,889
Australia		3,774		4,623		4,536
Thailand		1,055		860		860
Mexico/Central America		974		923		955
Denmark/Scandinavia		729		831		693
India		708		684		559
Middle East		670		594		472
Indonesia		651		761		778
Malaysia		511		405		427
Central/Eastern Europe		492		697		551
Brazil		321		595		495
Korea		179		725		469
Others		3,559		3,815		3,753
	$	209,941	$	205,165	$	190,924

During the periods presented in this report, there were no customers that accounted for more than ten percent of our consolidated revenues.

At August 31, 2015 and 2014, we had wholly owned direct offices in Australia, Japan, and the United Kingdom. Our long-lived assets, excluding intangible assets, goodwill, and the long-term portion of the FCOP receivable were held in the following locations for the periods indicated (in thousands):



AUGUST 31,		2015		2014
United States/Canada	$	28,770	$	30,445
Japan		1,227		1,351
United Kingdom		101		149
Australia		208		111
	$	30,306	$	32,056

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

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+ Details

Acquisition Of NinetyFive 5 LLC

12 Months Ended

Aug. 31, 2015

Acquisition Of NinetyFive 5 LLC [Abstract]

Acquisition Of NinetyFive 5 LLC

18. – ACQUISITION OF NINETY FIVE 5, LLC

On March 11, 2013 we acquired substantially all of the assets of Ninety Five 5, an entity which provides sales success training services that complement our existing sales performance content. Ninety Five 5 is currently a key component of our Sales Performance practice. The purchase price was $4.2 million in cash, payable in four installments through December 6, 2013, plus contingent earn out payments up to a maximum of $8.5 million, based on cumulative earnings before interest, income taxes, depreciation, and amortization (EBITDA) as set forth in the purchase agreement. We reassess the fair value of expected contingent earn out consideration and the corresponding liability resulting from the acquisition of Ninety Five 5 at the end of each fiscal quarter. The estimated fair value of the contingent earn out liability at August 31, 2015 was $2.6 million (Note 10).

The following table summarizes the estimated fair values of the assets acquired, liabilities assumed, and separately identifiable intangible assets at the acquisition date (in thousands):



Computer equipment	$	14
Intangible assets		3,989
Goodwill		4,728
Loss on reacquired license arrangement		950
Purchase price payable and unearned revenue		(2,651)
Contingent earn-out liability (long-term liabilities)		(4,109)
Gain on equity ownership interest		(971)
Cash paid	$	1,950

Based on the allocation of the initial purchase price, we acquired the following intangible assets, which are being amortized over the indicated estimated useful lives (in thousands):



Category of			Estimated Useful
Intangible Asset	Amount		Life

Internally developed software	$	2,049	3 years
Customer list		1,574	5 years
Trade name		242	5 years
Non-compete agreements		124	5 years
	$	3,989

To complete the purchase transaction, we incurred $0.1 million of acquisition costs, which were recorded as selling, general, and administrative expenses in our consolidated income statements. The acquisition of Ninety Five 5 had an immaterial impact on our consolidated income statements for the fiscal year ended August 31, 2013 and the acquisition of Ninety Five 5 was determined to be insignificant as defined by Regulation S-X. Ninety Five 5 had total sales of $8.7 million (unaudited) and net income of $1.9 million (unaudited) for the year ended December 31, 2012.

Prior to the acquisition date, Ninety Five 5 operated under an agreement that granted them a worldwide, non-exclusive, and royalty-free license to use specified Company content. As consideration for this license agreement, we obtained an equity interest in Ninety Five 5 and we owned 10.5 percent of Ninety Five 5 at the acquisition date. We were also entitled to receive ownership distributions, which were immaterial to our consolidated income statements in the periods received. In connection with the acquisition of Ninety Five 5, and in accordance with Accounting Standards Codification 805, Business Combinations, we revalued our ownership interest to fair value at the acquisition date and determined the fair value of the reacquired license rights. In accordance with the valuation of our ownership interest, we recognized a gain from the purchase transaction for the amount by which the fair value of our equity interest exceeded its carrying value. We then considered whether the reacquired license rights were favorable or unfavorable to the terms of a current market transaction to determine the need to recognize a settlement gain or loss. Based on the valuation of the reacquired license rights, we recognized a settlement loss. The gain from our ownership interest in Ninety Five 5 and the loss from the reacquired license rights consisted of the following amounts, which were recorded as other income, net in our consolidated income statements for the fiscal year ended August 31, 2013 (in thousands).



Gain on equity ownership interest	$	971
Loss on reacquired license arrangement		(950)
Other income, net	$	21

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

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+ Details

Management Common Stock Loan Program	12 Months Ended
Management Common Stock Loan Program	Aug. 31, 2015
Management Common Stock Loan Program [Abstract]
Management Common Stock Loan Program	19.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 became the creditor for these loans. The loans in the management stock loan program initially accrued interest at 9.4 percent, were full-recourse to the participants, and were originally due in March 2005. Although interest accrued on the participants’ outstanding balance over the life of the loans, the Company ceased recording interest income from these loans in fiscal 2002. In May 2004, our Board of Directors approved modifications to the terms of the management stock loans. The Company chose to forego certain of its rights under the terms of the loans and granted participants the modifications to improve their ability to pay, and the Company’s ability to collect, the outstanding balances of the loans. The fiscal 2004 modifications waived the Company’s right to collect the outstanding balance of the loans for three years, or until the closing price of the Company’s stock multiplied by the number of shares held by participants equaled the outstanding principal and accrued interest on the loans (the Breakeven Date), lowered the effective interest rate, allowed participants to repay the loans with shares of common stock, and waived the prepayment penalty. Prior to the May 2004 modifications, we accounted for the loans using a loan-based impairment model and periodically reduced the carrying value of the loans as determined by the loan loss methodology. 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. As a result of this determination, the remaining carrying value of the notes and interest receivable, which totaled $7.6 million prior to the fiscal 2004 modifications, was reduced to zero with a corresponding reduction to additional paid-in capital. This accounting treatment also precluded us from ever recovering amounts previously expensed for loan loss reserves. 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 in an escrow account that allowed us to have a security interest in the loan program shares. The fiscal 2006 modifications changed the promissory due date to the earlier of March 30, 2013 or the Breakeven Date, and the Company was granted the right to redeem the shares held in the escrow account on the Breakeven Date. At the closing date of the extension offer, 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. During the second quarter of fiscal 2013, the common share price required to trigger the Breakeven Date redemptions was achieved for participants that accepted the fiscal 2006 modifications. Accordingly, we transferred the shares of common stock held in the escrow account to our transfer agent as full payment on the loans. These shares were valued at the closing price of our common stock on the Breakeven Date and were added to our treasury stock account with a corresponding increase to additional paid-in capital. In connection with the repayment of the management stock loans, the Company recorded $0.5 million of share-based compensation expense for the value of the shares retained by loan participants that was in excess of the breakeven price. The Company is currently collecting amounts due from participants who declined to accept the fiscal 2006 modification terms.

Related Party Transactions

12 Months Ended

Aug. 31, 2015

Related Party Transactions

20.RELATED PARTY TRANSACTIONS

Red Tree Acquisition

On April 10, 2014, we acquired the assets of Red Tree, Inc. (Red Tree), a company that provides training, consulting, and coaching designed to help organizations effectively manage and engage the “Millennial Generation” in their workforces. We determined that this acquisition met the definition of an acquisition of a business under applicable accounting guidance. The purchase price totaled $0.5 million in cash, which was paid at the closing of the purchase agreement. During the 12 months ended December 31, 2013, Red Tree had revenues of $1.3 million (unaudited) and a net loss of $0.1 million (unaudited). The acquisition of Red Tree had an immaterial impact on our consolidated financial statements during the fiscal year ended August 31, 2014 and was determined to be “not significant” as defined by Regulation S-X.

The following table summarizes the estimated fair values of the assets acquired from Red Tree (in thousands):




Inventory	$	7
Intangible assets		405
Goodwill		50
Cash paid	$	462

Based on the initial purchase price allocation, we acquired the following intangible assets, which are being amortized over five years (in thousands):



Category of			Estimated Useful
Intangible Asset	Amount		Life

Tradename	$	31	5 years
Customer lists		142	5 years
Content		232	5 years
	$	405

The acquisition costs associated with the purchase of Red Tree were insignificant and are included with our selling, general, and administrative expenses in fiscal 2014. The goodwill generated from this transaction is primarily attributable to the methodologies and processes acquired, and is expected to be deductible for income tax purposes.

The former owners of Red Tree are related to one of our Named Executive Officers and are currently employed by us.

CoveyLink Acquisition and Contingent Earn Out Payments

During fiscal 2009 we acquired the assets of CoveyLink Worldwide, LLC (CoveyLink). CoveyLink conducts training and provides consulting based upon the book The Speed of Trust by Stephen M.R. Covey, who is the brother of one of our executive 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, were also entitled to earn annual contingent payments based upon earnings growth during the five years following the acquisition.

During the fiscal years ended August 31, 2014 and August 31, 2013, we paid $3.5 million and $2.2 million, respectively, in cash to the former owners of CoveyLink for contractual annual contingent payments. During fiscal 2015 we completed a review of the contingent earn out payments and determined that we owed the former owners of CoveyLink an additional $0.3 million for performance during the earn out measurement period. We do not anticipate any further payments related to the acquisition of CoveyLink. The annual contingent payments were classified as goodwill in our consolidated balance sheets under the accounting guidance applicable at the time of the acquisition.

Prior to the acquisition date, CoveyLink had granted us a non-exclusive license for content 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 the brother of one of our executive officers royalties for the use of certain intellectual property developed by him. The amount expensed for these royalties totaled $1.4 million, $1.5 million, and $1.4 million during the fiscal years ended August 31, 2015, 2014, and 2013. 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 brother of one of our executive officers a portion of the speaking revenues received for his presentations. We expensed $1.0 million, $1.0 million, and $0.7 million for payment on these presentations during fiscal years 2015, 2014 and 2013. We had $0.7 million and $0.6 million accrued for these royalties and speaking fees at August 31, 2015 and 2014, respectively, which were included as components of 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. 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. We have not recorded our share of FCOP’s losses in the accompanying consolidated income statements 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, 2015.

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 FASC 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 an 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, 2015 are from amounts owed to us by FCOP. We receive reimbursement from FCOP for certain operating costs, some of 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, the amount of cash we received from FCOP was reduced from previous forecasts and our receivable balance from FCOP increased significantly 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 provided working capital and other advances to FCOP during fiscal 2013. We believed that our extension of credit to FCOP would 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 using 15 percent, which was the estimated risk-adjusted borrowing rate of FCOP. This rate was based on a variety of 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. In fiscal 2013, we began to accrete this long-term receivable and essentially all of our interest income in from fiscal 2013 through fiscal 2015 is attributable to accretion of interest on the long-term receivable. In addition, more long-term receivable balances arose during fiscal 2014 and 2013 that we discounted at the 15 percent rate, which we determined still represented the estimated risk-adjusted borrowing rate of FCOP.

Throughout fiscal 2014 we were optimistic about FCOP’s financial performance, as they improved their cash flows and did not request working capital advances during calendar 2014. However, subsequent to August 31, 2014, we received new projected earnings and cash flow information that reflected weaker sales of accessory products, which have a significant adverse impact on expected earnings and cash flows in future periods. Accordingly, we determined that an additional $0.6 million discount charge and a corresponding $0.4 million impairment charge were needed to reduce the long-term receivable from FCOP to its net realizable value and ultimate net present value.

During the third quarter of fiscal 2015, we determined that we will receive payment from FCOP for certain rent expenses earlier than previously estimated and we recognized additional leasing revenues from FCOP totaling $0.2 million due to the change in the priority of the payment of these items. Although we were able to record additional leasing revenues and our cash flows on current related party receivables will improve in the short term, the present value of our share of cash distributions to cover remaining long-term receivables was reduced and was less than the present value of the receivables previously recorded and accordingly, the Company recalculated its discount on the long-term receivables and impaired the remaining balance, which totaled $0.5 million. The failure of FCOP to improve its earnings and cash flows in future periods and pay us for these receivables may have an adverse impact on our liquidity, financial position, and cash flows.

At August 31, 2015 and 2014, we had $4.0 million (net of $1.0 million discount) and $5.1 million (net of $2.1 million discount) 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 approximately $50,000 and $0.3 million at August 31, 2015 and 2014, respectively, 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 pay an executive officer of the Company a percentage of the royalty proceeds received from the sales of certain books authored by him in addition to his annual salary. During the fiscal years ended August 31, 2015, 2014, and 2013, we expensed $0.2 million, $0.2 million, and $0.3 million for these royalties and we had $0.2 million accrued at each of August 31, 2015 and 2014 as payable under the terms of these arrangements. These amounts are included as a component of accrued liabilities in our consolidated balance sheets.

We pay the estate of the late Dr. Stephen R. Covey a percentage of the royalty proceeds received from the sale of certain books that were authored by him. During fiscal 2015, 2014, and 2013, we expensed $0.1 million, $0.3 million, and $0.7 million for royalties under these agreements. At August 31, 2015 and 2014, we had $0.1 million and zero accrued, respectively, for payment to the estate of the former Vice-Chairman under these royalty agreements. Amounts payable to the estate of Dr. Stephen R. Covey were included as components of 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 + Details

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

12 Months Ended

Aug. 31, 2015

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

Cash and Cash Equivalents

Inventories



AUGUST 31,		2015		2014
Finished goods	$	3,914	$	6,295
Raw materials		35		72
	$	3,949	$	6,367

Property And Equipment

Property and Equipment

Description	Useful Lives
Buildings	20 years
Machinery and equipment	5–7 years
Computer hardware and software	3–5 years
Furniture, fixtures, and leasehold improvements	5–7 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,		2015		2014
Unearned revenue	$	12,752	$	10,350
Accrued compensation		8,622		10,336
Intellectual property royalties		1,323		1,468
Other accrued liabilities		6,937		7,432
	$	29,634	$	29,586

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

Accounting Pronouncements Issued Not Yet Adopted

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

12 Months Ended

Aug. 31, 2015

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

Components Of Inventories



AUGUST 31,		2015		2014
Finished goods	$	3,914	$	6,295
Raw materials		35		72
	$	3,949	$	6,367

Useful Life Of Property And Equipment

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

Accrued Liabilities


AUGUST 31,		2015		2014
Unearned revenue	$	12,752	$	10,350
Accrued compensation		8,622		10,336
Intellectual property royalties		1,323		1,468
Other accrued liabilities		6,937		7,432
	$	29,634	$	29,586

Trade Accounts Receivable (Tables)

12 Months Ended

Aug. 31, 2015

Trade Accounts Receivable [Abstract]

Activity In Allowance For Doubtful Accounts



YEAR ENDED
AUGUST 31,		2015		2014		2013
Beginning balance	$	918	$	982	$	851
Charged to costs and expenses		699		141		190
Deductions		(284)		(205)		(59)
Ending balance	$	1,333	$	918	$	982

Property And Equipment (Tables)

12 Months Ended

Aug. 31, 2015

Property And Equipment [Abstract]

Property And Equipment



AUGUST 31,		2015		2014
Land and improvements	$	1,312	$	1,312
Buildings		31,556		31,556
Machinery and equipment		2,273		2,243
Computer hardware and software		18,327		17,685
Furniture, fixtures, and leasehold
improvements		10,367		12,538
		63,835		65,334
Less accumulated depreciation		(48,336)		(48,063)
	$	15,499	$	17,271

Intangible Assets And Goodwill (Tables)

12 Months Ended

Aug. 31, 2015

Intangible Assets And Goodwill [Abstract]

Intangible Assets



		Gross Carrying		Accumulated		Net Carrying
AUGUST 31, 2015		Amount		Amortization		Amount
Definite-lived intangible assets:
License rights	$	27,000	$	(15,852)	$	11,148
Acquired curriculum		58,549		(40,587)		17,962
Customer lists		16,827		(16,303)		524
Internally developed software		2,049		(1,708)		341
Trade names		1,250		(776)		474
		105,675		(75,226)		30,449
Indefinite-lived intangible asset:
Covey trade name		23,000		-		23,000
	$	128,675	$	(75,226)	$	53,449

AUGUST 31, 2014
Definite-lived intangible assets:
License rights	$	27,000	$	(14,915)	$	12,085
Acquired curriculum		58,555		(39,009)		19,546
Customer lists		16,827		(15,953)		874
Internally developed software		2,049		(1,025)		1,024
Trade names		1,250		(602)		648
		105,681		(71,504)		34,177
Indefinite-lived intangible asset:
Covey trade name		23,000		-		23,000
	$	128,681	$	(71,504)	$	57,177

Range Of Remaining Estimated Useful Lives And Weighted-Average Amortization


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

License rights	11 years	30 years
Curriculum	4 to 11 years	26 years
Customer lists	2 to 4 years	14 years
Internally developed software	1 year	3 years
Trade names	2 to 4 years	5 years

Amortization Expense For Intangible Assets Over The Next Five Years



YEAR ENDING
AUGUST 31,
2016	$	3,263
2017		2,883
2018		2,729
2019		2,489
2020		2,450

Consolidated Goodwill



Balance at August 31, 2013	$	16,135
Contingent earn out payment on
CoveyLink acquisition		3,456
Acquisition of Red Tree, Inc.		50
Accumulated impairments		-
Balance at August 31, 2014		19,641
Contingent earn out payment on
CoveyLink acquisition		262
Accumulated impairments		-
Balance at August 31, 2015	$	19,903

Financing Obligation (Tables)

12 Months Ended

Aug. 31, 2015

Financing Obligation [Abstract]

Financing Obligation



AUGUST 31,		2015		2014
Financing obligation payable in
monthly installments of $286 at
August 31, 2015, including
principal and interest, with two
percent annual increases
(imputed interest at 7.7%),
through June 2025	$	26,078	$	27,376
Less current portion		(1,473)		(1,298)
Total financing obligation,
less current portion	$	24,605	$	26,078

Future Principal Maturities



YEAR ENDING
AUGUST 31,
2016	$	1,473
2017		1,662
2018		1,868
2019		2,092
2020		2,335
Thereafter		16,648
	$	26,078

Future Minimum Payments Under The Financing Obligation



YEAR ENDING
AUGUST 31,
2016	$	3,440
2017		3,509
2018		3,579
2019		3,651
2020		3,724
Thereafter		18,956
Total future minimum financing
obligation payments		36,859
Less interest		(12,093)
Present value of future minimum
financing obligation payments	$	24,766

- 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 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 3: 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 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=26873400&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=34725769&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 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 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399

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, 2015

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
2016	$	1,590	$	(535)	$	1,055
2017		581		-		581
2018		240		-		240
2019		218		-		218
2020		167		-		167
Thereafter		199		-		199
	$	2,995	$	(535)	$	2,460

Future Minimum Lease Payments Due To Company



YEAR ENDING
AUGUST 31,
2016	$	4,167
2017		3,361
2018		3,396
2019		3,097
2020		3,175
Thereafter		4,551
	$	21,747

- 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

Fair Value Of Financial Instruments (Tables)

12 Months Ended

Aug. 31, 2015

Fair Value Of Financial Instruments [Abstract]

Schedule Of Contingent Earn Out Liability



Contingent earn out liability at August 31, 2013	$	4,109
Reduction of contingent earn out liability		(1,579)
Contingent earn out liability at August 31, 2014		2,530
Increase to contingent earn out liability		35
Contingent earn out liability at August 31, 2015	$	2,565

Share-Based Compensation (Tables)

12 Months Ended

Aug. 31, 2015

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Total Cost Of Share-Based Compensation



YEAR ENDED
AUGUST 31,		2015		2014		2013
Performance awards	$	1,890	$	2,716	$	2,504
Fully vested share awards		125		371		112
Unvested share awards		400		334		383
Compensation cost of the ESPP		121		113		92
Management stock loans		-		-		498
	$	2,536	$	3,534	$	3,589

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


Model Input	Fiscal 2014 Grant 2	Fiscal 2014 Grant 1	Fiscal 2013 Grant	Fiscal 2012 Grant	Fiscal 2011 Grant
Number of shares	13,477	8,352	120,101	177,616	294,158
Vesting price per share	$18.05; 22.00	$ 22.00	$ 22.00	$ 18.05	$ 17.00
Grant date price per share	$ 20.01	$ 19.68	$ 16.03	$ 9.55	$ 11.34
Volatility	47.1%	52.8%	54.2%	54.6%	49.8%
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%
Risk-free rate	1.70%	1.39%	1.37%	0.62%	1.48%
Grant date	April 16, 2014	Nov. 22, 2013	July 18, 2013	July 19, 2012	July 15, 2011
Fair value of award (thousands)	$ 265	$ 155	$ 1,651	$ 1,188	$ 2,647
Derived service period (years)	0.2	0.2	0.6	1.4	0.9
Unrecognized compensation expense at 8/31/2014 (thousands)	$-	$-	$-	$-	$-

Unvested Stock Awards



			Weighted-
			Average Grant-
			Date Fair
	Number of		Value Per
	Shares		Share
Unvested stock awards at
August 31, 2014	14,616	$	20.53
Granted	24,210		18.59
Forfeited	-		-
Vested	(14,616)		20.53
Unvested stock awards at
August 31, 2015	24,210	$	18.59

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, 2014	631,250	$	11.41
Granted	-		-
Exercised	-		-
Forfeited	-		-
Outstanding at August 31, 2015	631,250	$	11.41	4.8	$	3,361

Options vested and exercisable at
August 31, 2015	631,250	$	11.41	4.8	$	3,361

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	2015	Life (Years)	Exercise Price	2015	Exercise Price
$9.00	125,000	4.9	$9.00	125,000	$9.00
$10.00	168,750	4.8	$10.00	168,750	$10.00
$12.00	168,750	4.8	$12.00	168,750	$12.00
$14.00	168,750	4.8	$14.00	168,750	$14.00
	631,250			631,250

Fiscal 2015 Long Term Incentive Plan Award [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule Of Long Term Incentive Plan Awards



	Adjusted EBITDA				Practice Sales
	Award				Award
	Goal	Number of	Tranche		Goal	Number of	Tranche
	(millions)	Shares	Status		(millions)	Shares	Status
$	39.6	26,241	not vested	$	107.0	11,247	not vested
$	45.5	26,241	not vested	$	118.0	11,247	not vested
$	52.3	26,241	not vested	$	130.0	11,247	not vested
		78,723				33,741

Fiscal 2014 Long Term Incentive Plan Award [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule Of Long Term Incentive Plan Awards



	Adjusted EBITDA				7 Habits Increased Sales
	Award				Award
	Goal	Number of	Tranche		Goal	Number of	Tranche
	(millions)	Shares	Status		(millions)	Shares	Status
$	37.0	20,864	not vested	$	5.0	8,942	vested
$	43.0	20,864	not vested	$	10.0	8,942	vested
$	49.0	20,864	not vested	$	12.5	8,942	not vested
		62,592				26,826

Fiscal 2013 Long Term Incentive Plan Award [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule Of Long Term Incentive Plan Awards



	Adjusted EBITDA				Productivity Practice Sales
	Award				Award
	Goal	Number of	Tranche		Goal	Number of	Tranche
	(millions)	Shares	Status		(millions)	Shares	Status
$	33.0	15,887	vested	$	23.5	6,808	vested
$	40.0	15,887	not vested	$	26.5	6,808	not vested
$	47.0	15,887	not vested	$	29.5	6,808	not vested
		47,661				20,424

Fiscal 2012 Long Term Incentive Plan Award [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule Of Long Term Incentive Plan Awards



	Adjusted EBITDA				Productivity Practice Sales
	Award				Award
	Goal	Number of	Tranche		Goal	Number of	Tranche
	(millions)	Shares	Status		(millions)	Shares	Status
$	26.0	24,757	vested	$	20.5	10,610	vested
$	33.0	24,757	vested	$	23.5	10,610	vested
$	40.0	24,757	not vested	$	26.5	10,610	not vested
		74,271				31,830

Impaired Assets (Tables)

12 Months Ended

Aug. 31, 2015

Impaired Assets [Abstract]

Schedule Of Impairment Of Asset Charges



YEAR ENDED
AUGUST 31,		2015		2014
Long-term receivables from FCOP	$	541	$	363
Capitalized curriculum		414		-
Investment cost method subsidiary		220		-
Prepaid expenses and other long-term assets		127		-
	$	1,302	$	363

Restructuring Costs (Tables)

12 Months Ended

Aug. 31, 2015

Restructuring Costs [Abstract]

Schedule Of Restructuring Charges



Description		Amount
Severance costs	$	570
Office closure costs		17
	$	587

Income Taxes (Tables)

12 Months Ended

Aug. 31, 2015

Income Taxes [Abstract]

Provision For Income Taxes From Continuing Operations



YEAR ENDED
AUGUST 31,		2015		2014		2013
Current:
Federal	$	220	$	(237)	$	1,251
State		208		146		273
Foreign		2,691		2,557		3,256
		3,119		2,466		4,780

Deferred:
Federal		3,239		1,217		864
State		138		277		(414)
Foreign		(200)		(268)		(151)
		3,177		1,226		299
	$	6,296	$	3,692	$	5,079

Allocation Of Total Income Tax Provision



YEAR ENDED
AUGUST 31,		2015		2014		2013
Net income	$	6,296	$	3,692	$	5,079
Other comprehensive income		(52)		24		(260)
	$	6,244	$	3,716	$	4,819

Income From Continuing Operations Before Income Taxes



YEAR ENDED
AUGUST 31,		2015		2014		2013
United States	$	15,073	$	19,256	$	14,939
Foreign		2,339		2,503		4,459
	$	17,412	$	21,759	$	19,398

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


YEAR ENDED AUGUST 31,	2015	2014	2013
Federal statutory income tax rate	35.0%	35.0%	35.0%
State income taxes, net of federal effect	2.3	1.9	1.6
Foreign jurisdictions tax differential	1.2	(0.4)	1.0
Tax differential on income subject to both U.S. and foreign taxes	0.5	0.5	(3.3)
Effect of claiming foreign tax credits instead of deductions for prior years	(3.2)	(19.3)	(12.2)
Uncertain tax positions	(0.9)	(2.6)	1.8
Management stock loan interest and non-deductible expenses	-	-	1.3
Non-deductible executive compensation	0.2	0.9	0.9
Non-deductible meals and entertainment	1.1	0.8	0.8
Other	-	0.2	(0.7)
	36.2%	17.0%	26.2%

Significant Components Of Deferred Tax Assets And Liabilities



AUGUST 31,		2015		2014
Deferred income tax assets:
Sale and financing of corporate
headquarters	$	9,531	$	9,951
Foreign income tax credit
carryforward		5,106		8,025
Share-based compensation		1,671		1,258
Inventory and bad debt reserves		1,025		847
Bonus and other accruals		934		994
Unearned revenue		328		2,253
Other		810		671
Total deferred income tax assets		19,405		23,999
Less: valuation allowance		-		-
Net deferred income tax assets		19,405		23,999

Deferred income tax liabilities:
Intangibles step-ups – indefinite lived		(8,515)		(8,475)
Intangibles step-ups – definite lived		(6,552)		(7,075)
Property and equipment depreciation		(3,139)		(3,854)
Intangible asset impairment and
amortization		(5,001)		(5,157)
Unremitted earnings of foreign
subsidiaries		(546)		(503)
Other		(77)		(80)
Total deferred income tax liabilities		(23,830)		(25,144)
Net deferred income taxes	$	(4,425)	$	(1,145)

Deferred Income Tax Amounts Recorded On The Consolidated Balance Sheets



AUGUST 31,		2015		2014
Current assets	$	2,479	$	4,340
Long-term assets		194		90
Long-term liabilities		(7,098)		(5,575)
Net deferred income tax liability	$	(4,425)	$	(1,145)

Summary Of Tax Credit Carryforwards



Credit Generated in					Credits Used		Credits Used		Credits
Fiscal Year Ended	Credit Expires		Credits		in Prior		in Fiscal		Carried
August 31,	August 31,		Generated		Years		2015		Forward
2008	2018	$	1,444	$	(1,444)	$	-	$	-
2009	2019		2,006		(1,041)		(965)		-
2010	2020		2,907		-		(1,247)		1,660
2011	2021		3,446		-		-		3,446
2012	2022		2,563		(2,563)		-		-
2013	2023		2,815		(2,815)		-		-
2014	2024		1,378		(1,378)		-		-
2015	2025		1,441		-		(1,441)		-
		$	18,000	$	(9,241)	$	(3,653)	$	5,106

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



YEAR ENDED
AUGUST 31,		2015		2014		2013
Beginning balance	$	3,491	$	4,129	$	4,212
Additions based on tax positions
related to the current year		244		157		720
Additions for tax positions in
prior years		144		60		69
Reductions for tax positions of prior
years resulting from the lapse of
applicable statute of limitations		(339)		(663)		(74)
Other reductions for tax positions of
prior years		(425)		(192)		(798)
Ending balance	$	3,115	$	3,491	$	4,129

Tax Years That Remain Subject To Examinations For Major Tax Jurisdictions

2008-2015	Canada
2008-2015	Australia
2010-2015	Japan, United Kingdom
2011-2015	United States – state and local income tax
2012-2015	United States – federal income tax

Earnings Per Share (Tables)

12 Months Ended

Aug. 31, 2015

Earnings Per Share [Abstract]

Computation Of EPS



YEAR ENDED
AUGUST 31,		2015		2014		2013
Numerator for basic and
diluted earnings per share:
Net income	$	11,116	$	18,067	$	14,319

Denominator for basic and
diluted earnings per share:
Basic weighted average shares
outstanding		16,742		16,720		17,348
Effect of dilutive securities:
Stock options and other
share-based awards		181		227		91
Common stock warrants		-		-		532
Diluted weighted average shares
outstanding		16,923		16,947		17,971

EPS Calculations:
Net income per share:
Basic	$	0.66	$	1.08	$	0.83
Diluted		0.66		1.07		0.80

Segment Information (Tables)

12 Months Ended

Aug. 31, 2015

Segment Information [Abstract]

Schedule Of Segment Operations



		Sales to
Fiscal Year Ended		External				Adjusted								Capital
August 31, 2015		Customers		Gross Profit		EBITDA		Depreciation		Amortization		Assets		Expenditures

U.S./Canada	$	161,859	$	101,917	$	16,405	$	2,157	$	3,722	$	79,215	$	3,618
International		43,721		33,981		20,272		322		5		17,899		209
Total		205,580		135,898		36,677		2,479		3,727		97,114		3,827
Corporate and eliminations		4,361		2,191		(4,819)		1,663		-		103,531		814
Consolidated	$	209,941	$	138,089	$	31,858	$	4,142	$	3,727	$	200,645	$	4,641

Fiscal Year Ended
August 31, 2014

U.S./Canada	$	156,537	$	101,214	$	18,990	$	1,704	$	3,869	$	85,847	$	10,008
International		44,701		35,047		19,888		338		85		15,220		401
Total		201,238		136,261		38,878		2,042		3,954		101,067		10,409
Corporate and eliminations		3,927		2,005		(4,458)		1,341		-		104,119		852
Consolidated	$	205,165	$	138,266	$	34,420	$	3,383	$	3,954	$	205,186	$	11,261

Fiscal Year Ended
August 31, 2013

U.S./Canada	$	142,616	$	91,637	$	16,419	$	1,286	$	3,180	$	83,391	$	4,106
International		44,154		35,146		20,267		327		11		13,567		146
Total		186,770		126,783		36,686		1,613		3,191		96,958		4,252
Corporate and eliminations		4,154		2,206		(5,284)		1,395		-		92,447		166
Consolidated	$	190,924	$	128,989	$	31,402	$	3,008	$	3,191	$	189,405	$	4,418

Schedule Of EBITDA Segment



YEAR ENDED
AUGUST 31,		2015		2014		2013
Enterprise Adjusted EBITDA	$	36,677	$	38,878	$	36,686
Corporate expenses		(4,819)		(4,458)		(5,284)
Consolidated Adjusted EBITDA		31,858		34,420		31,402
Share-based compensation		(2,536)		(3,534)		(3,589)
Reduction (increase) in
contingent earn out		(35)		1,579		-
Impaired assets		(1,302)		(363)		-
Restructuring costs		(587)		-		-
Depreciation		(4,142)		(3,383)		(3,008)
Amortization		(3,727)		(3,954)		(3,191)
Income from operations		19,529		24,765		21,614
Interest income		383		427		614
Interest expense		(2,137)		(2,237)		(2,332)
Discount on related party receivable		(363)		(1,196)		(519)
Other, net		-		-		21
Income before income taxes	$	17,412	$	21,759	$	19,398

Consolidated Revenues From Continuing Operations By Country



YEAR ENDED
AUGUST 31,		2015		2014		2013
United States	$	162,594	$	153,999	$	138,599
Japan		14,446		16,652		19,594
United Kingdom		8,997		6,899		5,428
Canada		6,460		8,780		9,866
China/Singapore		3,821		3,322		2,889
Australia		3,774		4,623		4,536
Thailand		1,055		860		860
Mexico/Central America		974		923		955
Denmark/Scandinavia		729		831		693
India		708		684		559
Middle East		670		594		472
Indonesia		651		761		778
Malaysia		511		405		427
Central/Eastern Europe		492		697		551
Brazil		321		595		495
Korea		179		725		469
Others		3,559		3,815		3,753
	$	209,941	$	205,165	$	190,924

Long-Lived Assets By Country



AUGUST 31,		2015		2014
United States/Canada	$	28,770	$	30,445
Japan		1,227		1,351
United Kingdom		101		149
Australia		208		111
	$	30,306	$	32,056

Acquisition Of NinetyFive 5 LLC (Tables)

12 Months Ended

Aug. 31, 2015

Business Acquisition [Line Items]

Schedule Of Other Income, Net



Gain on equity ownership interest	$	971
Loss on reacquired license arrangement		(950)
Other income, net	$	21

NinetyFive 5 [Member]

Business Acquisition [Line Items]

Schedule Of Estimated Fair Values Of Assets Acquired



Computer equipment	$	14
Intangible assets		3,989
Goodwill		4,728
Loss on reacquired license arrangement		950
Purchase price payable and unearned revenue		(2,651)
Contingent earn-out liability (long-term liabilities)		(4,109)
Gain on equity ownership interest		(971)
Cash paid	$	1,950

Schedule Of Assets Acquired Amortized Over Estimated Useful Lives



Category of			Estimated Useful
Intangible Asset	Amount		Life

Internally developed software	$	2,049	3 years
Customer list		1,574	5 years
Trade name		242	5 years
Non-compete agreements		124	5 years
	$	3,989

Related Party Transactions (Tables) - Red Tree, Inc [Member]

12 Months Ended

Aug. 31, 2015

Business Acquisition [Line Items]

Schedule Of Estimated Fair Values Of Assets Acquired




Inventory	$	7
Intangible assets		405
Goodwill		50
Cash paid	$	462

Schedule Of Assets Acquired Amortized Over Estimated Useful Lives



Category of			Estimated Useful
Intangible Asset	Amount		Life

Tradename	$	31	5 years
Customer lists		142	5 years
Content		232	5 years
	$	405

Nature Of Operations And Summary Of Significant Accounting Policies (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2015	Aug. 31, 2014	Aug. 31, 2013
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Capitalized development costs	$ 10,500	$ 12,400
Foreign currency transaction gains (losses)	(1,100)	(100)	$ 200
Licensee royalty revenue	13,700	13,800	12,900
Advertising costs	$ 7,400	7,500	7,000
Percent likelihood of being realized upon ultimate settlement	50.00%
Goodwill, impairment loss	$ 0	0	0
Trade Names [Member]
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Goodwill, impairment loss	$ 0	$ 0	$ 0
Minimum [Member]
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Capitalized development costs, amortization period	3 years
Maximum [Member]
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Capitalized development costs, amortization period	5 years

Nature Of Operations And Summary Of Significant Accounting Policies (Components Of Inventories) (Details) - USD ($) $ in Thousands	Aug. 31, 2015	Aug. 31, 2014
Nature Of Operations And Summary Of Significant Accounting Policies [Abstract]
Finished goods	$ 3,914	$ 6,295
Raw materials	35	72
Inventories	$ 3,949	$ 6,367

Nature Of Operations And Summary Of Significant Accounting Policies (Useful Life Of Property And Equipment) (Details)	12 Months Ended
	Aug. 31, 2015
Buildings [Member]
Property, Plant and Equipment [Line Items]
Useful life	20 years
Machinery And Equipment [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Useful life	5 years
Machinery And Equipment [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Useful life	7 years
Computer Hardware And Software [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Useful life	3 years
Computer Hardware And Software [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Useful life	5 years
Furniture, Fixtures, And Leasehold Improvements [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Useful life	5 years
Furniture, Fixtures, And Leasehold Improvements [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Useful life	7 years

Nature Of Operations And Summary Of Significant Accounting Policies (Accrued Liabilities) (Details) - USD ($) $ in Thousands	Aug. 31, 2015	Aug. 31, 2014
Nature Of Operations And Summary Of Significant Accounting Policies [Abstract]
Unearned revenue	$ 12,752	$ 10,350
Accrued compensation	8,622	10,336
Intellectual property royalties	1,323	1,468
Other accrued liabilities	6,937	7,432
Accrued liabilities	$ 29,634	$ 29,586

Trade Accounts Receivable (Narrative) (Details) $ in Millions	12 Months Ended
	Aug. 31, 2015 USD ($)
Trade Accounts Receivable [Abstract]
Period of trade accounts receivable past due over, collectibility review	90 days
Account receivable	$ 1.8
Note receivable	$ 2.8
Notes receivable, term	3 years
Notes receivable, interest rate	5.00%

Trade Accounts Receivable (Activity In Allowance For Doubtful Accounts) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2015	Aug. 31, 2014	Aug. 31, 2013
Trade Accounts Receivable [Abstract]
Beginning balance	$ 918	$ 982	$ 851
Charged to costs and expenses	699	141	190
Deductions	(284)	(205)	(59)
Ending balance	$ 1,333	$ 918	$ 982

Property And Equipment (Property And Equipment) (Details) - USD ($) $ in Thousands	Aug. 31, 2015	Aug. 31, 2014
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 63,835	$ 65,334
Less accumulated depreciation	(48,336)	(48,063)
Property and equipment	15,499	17,271
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	2,273	2,243
Computer Hardware And Software [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	18,327	17,685
Furniture, Fixtures, And Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 10,367	$ 12,538

Intangible Assets And Goodwill (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Aug. 31, 2015	Aug. 31, 2014	Aug. 31, 2013
Intangible Assets And Goodwill [Abstract]
Duration of contingent payments from CoveyLink Acquisition	5 years
Payments for acquisition earnout	$ 0.3
Aggregate amortization expense from definite-lived intangible assets	$ 3.7	$ 4.0	$ 3.2

Intangible Assets And Goodwill (Intangible Assets) (Details) - USD ($) $ in Thousands	Aug. 31, 2015	Aug. 31, 2014
Intangible Assets And Goodwill [Line Items]
Definite-lived intangible assets, gross carrying amount	$ 105,675	$ 105,681
Definite-lived intangible assets, accumulated amortization	(75,226)	(71,504)
Finite-lived intangible assets, net carrying amount	30,449	34,177
Intangible assets, gross carrying amount	128,675	128,681
Intangible assets, accumulated amortization	(75,226)	(71,504)
Intangible assets, net carrying amount	53,449	57,177
Trade Names [Member]
Intangible Assets And Goodwill [Line Items]
Covey trade name	23,000	23,000
Intangible assets, net carrying amount	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	(15,852)	(14,915)
Finite-lived intangible assets, net carrying amount	11,148	12,085
Acquired Curriculum [Member]
Intangible Assets And Goodwill [Line Items]
Definite-lived intangible assets, gross carrying amount	58,549	58,555
Definite-lived intangible assets, accumulated amortization	(40,587)	(39,009)
Finite-lived intangible assets, net carrying amount	17,962	19,546
Customer Lists [Member]
Intangible Assets And Goodwill [Line Items]
Definite-lived intangible assets, gross carrying amount	16,827	16,827
Definite-lived intangible assets, accumulated amortization	(16,303)	(15,953)
Finite-lived intangible assets, net carrying amount	524	874
Internally Developed Software [Member]
Intangible Assets And Goodwill [Line Items]
Definite-lived intangible assets, gross carrying amount	2,049	2,049
Definite-lived intangible assets, accumulated amortization	(1,708)	(1,025)
Finite-lived intangible assets, net carrying amount	341	1,024
Trade Names [Member]
Intangible Assets And Goodwill [Line Items]
Definite-lived intangible assets, gross carrying amount	1,250	1,250
Definite-lived intangible assets, accumulated amortization	(776)	(602)
Finite-lived intangible assets, net carrying amount	$ 474	$ 648

Intangible Assets And Goodwill (Range Of Remaining Estimated Useful Lives And Weighted-Average Amortization) (Details)	12 Months Ended
	Aug. 31, 2015
License Rights [Member]
Finite-Lived Intangible Assets [Line Items]
Range of Remaining Estimated Useful Lives	11 years
Weighted Average Original Amortization Period	30 years
Curriculum [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Original Amortization Period	26 years
Customer Lists [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Original Amortization Period	14 years
Internally Developed Software [Member]
Finite-Lived Intangible Assets [Line Items]
Range of Remaining Estimated Useful Lives	1 year
Weighted Average Original Amortization Period	3 years
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Original Amortization Period	5 years
Minimum [Member] \| Curriculum [Member]
Finite-Lived Intangible Assets [Line Items]
Range of Remaining Estimated Useful Lives	4 years
Minimum [Member] \| Customer Lists [Member]
Finite-Lived Intangible Assets [Line Items]
Range of Remaining Estimated Useful Lives	2 years
Minimum [Member] \| Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Range of Remaining Estimated Useful Lives	2 years
Maximum [Member] \| Curriculum [Member]
Finite-Lived Intangible Assets [Line Items]
Range of Remaining Estimated Useful Lives	11 years
Maximum [Member] \| Customer Lists [Member]
Finite-Lived Intangible Assets [Line Items]
Range of Remaining Estimated Useful Lives	4 years
Maximum [Member] \| Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Range of Remaining Estimated Useful Lives	4 years

Intangible Assets And Goodwill (Amortization Expense For Intangible Assets Over The Next Five Years) (Details) $ in Thousands	Aug. 31, 2015 USD ($)
Intangible Assets And Goodwill [Abstract]
2016	$ 3,263
2017	2,883
2018	2,729
2019	2,489
2020	$ 2,450

Intangible Assets And Goodwill (Consolidated Goodwill) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2015	Aug. 31, 2014	Aug. 31, 2013
Intangible Assets And Goodwill [Abstract]
Beginning balance	$ 19,641	$ 16,135
Contingent earnout payment from CoveyLink acquisition	262	3,456
Acquisition of Red Tree, Inc.		50
Accumulated impairments	0	0	$ 0
Ending balance	$ 19,903	$ 19,641	$ 16,135

Line Of Credit Modification Agreement (Details) - USD ($) $ in Millions			12 Months Ended
	Mar. 31, 2015	Mar. 30, 2015	Aug. 31, 2015	Aug. 31, 2011	Aug. 31, 2014
Debt Instrument [Line Items]
Maturity date	Mar. 31, 2018		Jan. 01, 2017
Outstanding amount on line of credit			$ 0.0		$ 0.0
Revolving Line Of Credit [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 30.0	$ 10.0		$ 10.0
Maturity date				Aug. 31, 2013
Percentage added to LIBOR rate	1.85%	2.50%
Unused commitment fee	0.25%	0.33%
Maximum asset coverage ratio			150.00%
Interest rate			2.00%		2.70%
Maximum funded debt to EBITDAR ratio			3.00
Minimum fixed charge coverage ratio			1.5
Limit on capital expenditures	$ 10.0	$ 5.0	$ 8.0
Outstanding amount on line of credit			0.0		$ 0.0
Term Loan Payable [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity			$ 5.0

Financing Obligation (Narrative) (Details) $ in Millions	12 Months Ended
Financing Obligation (Narrative) (Details) $ in Millions	Aug. 31, 2015 USD ($) item
Financing Obligation [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, 2015	Aug. 31, 2014
Financing Obligation [Abstract]
Financing obligation payable in monthly installments of $286 at August 31, 2015, including principal and interest, with two percent annual increases (imputed interest at 7.7%), through June 2025	$ 26,078	$ 27,376
Less current portion	(1,473)	(1,298)
Total financing obligation, less current portion	24,605	$ 26,078
Monthly payment of financing obligation	$ 286
Annual increase to base payment	2.00%
Imputed interest	7.70%
Expiration date	June 2025

Financing Obligation (Future Principal Maturities) (Details) $ in Thousands	Aug. 31, 2015 USD ($)
Financing Obligation [Abstract]
2016	$ 1,473
2017	1,662
2018	1,868
2019	2,092
2020	2,335
Thereafter	16,648
Total future principal maturities	$ 26,078

Financing Obligation (Future Minimum Payments Under The Financing Obligation) (Details) $ in Thousands	Aug. 31, 2015 USD ($)
Financing Obligation [Abstract]
2016	$ 3,440
2017	3,509
2018	3,579
2019	3,651
2020	3,724
Thereafter	18,956
Total future minimum financing obligation payments	36,859
Less interest	(12,093)
Present value of future minimum financing obligation payments	$ 24,766

Operating Leases (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Aug. 31, 2015	Aug. 31, 2014	Aug. 31, 2013
Operating Leased Assets [Line Items]
Total rent expense	$ 2.3	$ 2.2	$ 2.2
Cost basis of office space available for lease	36.2
Carrying value of office space available for lease	10.3
Sublease payments made to the Company	$ 4.4	$ 3.9	$ 4.2
Minimum [Member]
Operating Leased Assets [Line Items]
Operating lease term		1 year
Maximum [Member]
Operating Leased Assets [Line Items]
Operating lease term	6 years
FC Organizational Products [Member]
Operating Leased Assets [Line Items]
Lease income	$ 1.3

Operating Leases (Future Minimum Lease Payments Under Operating Lease Agreements And The Lease Amounts Receivable) (Details) $ in Thousands	Aug. 31, 2015 USD ($)
Operating Leased Assets [Line Items]
Required minimum lease payments, 2016	$ 1,590
Required minimum lease payments, 2017	581
Required minimum lease payments, 2018	240
Required minimum lease payments, 2019	218
Required minimum lease payments, 2020	167
Required minimum lease payments, Thereafter	199
Required minimum lease payments, Total	2,995
Receivable from FC Organizational Products, 2016	(4,167)
Receivable from FC Organizational Products, 2017	(3,361)
Receivable from FC Organizational Products, 2018	(3,396)
Receivable from FC Organizational Products, 2019	(3,097)
Receivable from FC Organizational Products, 2020	(3,175)
Receivable from FC Organizational Products, Thereafter	(4,551)
Receivable from FC Organizational Products, Total	(21,747)
Net required minimum lease payments, 2016	1,055
Net required minimum lease payments, 2017	581
Net required minimum lease payments, 2018	240
Net required minimum lease payments, 2019	218
Net required minimum lease payments, 2020	167
Net required minimum lease payments, Thereafter	199
Net required minimum lease payments, Total	2,460
FC Organizational Products [Member]
Operating Leased Assets [Line Items]
Receivable from FC Organizational Products, 2016	(535)
Receivable from FC Organizational Products, Total	$ (535)

Operating Leases (Future Minimum Lease Payments Due To Company) (Details) $ in Thousands	Aug. 31, 2015 USD ($)
Operating Leases [Abstract]
2016	$ 4,167
2017	3,361
2018	3,396
2019	3,097
2020	3,175
Thereafter	4,551
Total	$ 21,747

Commitments And Contingencies (Narrative) (Details) - USD ($) $ in Millions		12 Months Ended
	Mar. 31, 2015	Aug. 31, 2015	Aug. 31, 2014	Aug. 31, 2013
Commitments And Contingencies [Abstract]
Percent of warehouse and distribution increase for fixed charge		2.00%
HP outsourcing contract, expiration date		Jun. 01, 2016
Minimum fixed charges		$ 1.4
Outsourcing contract expense		4.9	$ 5.2	$ 5.0
Freight charges		1.9	2.2	$ 2.2
Purchase commitments		3.0
Amount of letters of credit		$ 0.1	0.1
Letters of credit, expiration date	Mar. 31, 2018	Jan. 01, 2017
Outstanding amount on letters of credit		$ 0.0	$ 0.0

Shareholders' Equity (Details) $ / shares in Units, $ in Thousands				12 Months Ended
	Mar. 27, 2015 USD ($)	Jan. 23, 2015 shares	Mar. 07, 2013 shares	Aug. 31, 2015 USD ($) item shares	Aug. 31, 2013 USD ($) shares	May 20, 2015 shares	Aug. 31, 2014 USD ($) shares	Aug. 31, 2012 USD ($)	Aug. 31, 2005 $ / shares shares
Shareholders' Equity [Line Items]
Preferred Stock, Shares Authorized				14,000,000
Shares of preferred stock authorized for issuance				14,000,000
Preferred stock issued				0			0
Preferred stock outstanding				0			0
Common stock warrants issued									6,200,000
Common stock warrant exercise price \| $ / shares									$ 8.00
Common stock issued from treasury stock for warrant exercise			2,300,000		1,700,000
Payments for exercise of common stock warrants \| $					$ 55
Amount authorized under common stock purchase plan \| $	$ 40,000
Number of shares withheld for minimum statutory taxes				17,935
Values of withheld shares \| $				$ 300
Stock repurchase program, authorized amount \| $	40,000
Stock repurchased during period, shares		10,000,000		759,914
Stock repurchased during period, value \| $				$ 14,100
Available cash for debt financing for repurchase common stock \| $	10,000
Cash and cash equivalents \| $	$ 10,000			$ 16,234	$ 12,291		$ 10,483	$ 11,011
Knowledge Capital [Member]
Shareholders' Equity [Line Items]
Number of shares of common stock purchasable from warrant				5,900,000
Number of shares remaining after exercise of warrants				2,800,000
Number of shares held in treasury				2,200,000
Number of shares sold						400,000
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
Number of members of Boards of Directors with equity interest \| item				2

Fair Value Of Financial Instruments (Narrative) (Details) $ in Millions	12 Months Ended
	Aug. 31, 2015 USD ($)
Fair Value Of Financial Instruments [Abstract]
Projected contingent earn out liability	$ 2.2
Projected increase to contingent earn out liability	4.4
Projected reduction of contingent earn out liability	$ 0.0

Fair Value Of Financial Instruments (Schedule Of Contingent Earn Out Liability) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2015	Aug. 31, 2014
Fair Value Of Financial Instruments [Abstract]
Contingent earn out liability at beginning of year	$ 2,530	$ 4,109
Increase to (Reduction of) contingent earnout liability	35	(1,579)
Contingent earn out liability at end of year	$ 2,565	$ 2,530

Share-Based Compensation Plans (Narrative) (Details)		1 Months Ended	3 Months Ended				6 Months Ended		12 Months Ended					24 Months Ended	36 Months Ended
Share-Based Compensation Plans (Narrative) (Details)	Jan. 23, 2015 shares	Apr. 30, 2014 USD ($) $ / shares shares	Aug. 31, 2015 USD ($) item $ / shares shares	Nov. 30, 2013 item shares	Mar. 02, 2013 USD ($) shares	Dec. 01, 2012 item shares	Aug. 31, 2013 shares	Mar. 02, 2013 shares	Aug. 31, 2015 USD ($) employee item $ / shares shares	Aug. 31, 2014 USD ($) employee $ / shares shares	Aug. 31, 2013 USD ($) employee shares	Aug. 31, 2012 item shares	Aug. 31, 2011 USD ($) $ / shares	Aug. 31, 2011 item $ / shares	Aug. 31, 2015 USD ($) $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock issued from treasury stock										134,614
Shares withheld for tax, value \| $										$ 300,000
Shares withheld for tax										17,935
Capitalized share-based compensation expense \| $															$ 0
Shares vested									14,616
Number of tranches \| item									0
Exercise price \| $ / shares			$ 11.41						$ 11.41	$ 11.41					$ 11.41
Number of shares									24,210
Share-based compensation expense \| $									$ 2,536,000	$ 3,534,000	$ 3,589,000
Stock options exercised
Aggregate intrinsic value \| $			$ 3,361,000						$ 3,361,000						$ 3,361,000
Fiscal 2011 Grant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting price per share \| $ / shares			$ 17.00						$ 17.00						$ 17.00
Average share price \| $ / shares			11.34						$ 11.34						11.34
Number of shares									294,158
Fiscal 2012 Grant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting price per share \| $ / shares			18.05						$ 18.05						18.05
Average share price \| $ / shares			9.55						$ 9.55						9.55
Number of shares									177,616
Fiscal 2013 Grant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting price per share \| $ / shares			22.00						$ 22.00						22.00
Average share price \| $ / shares			16.03						$ 16.03						16.03
Number of shares									120,101
Fiscal 2014 Grant 1 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting price per share \| $ / shares			22.00						$ 22.00						22.00
Average share price \| $ / shares			19.68						$ 19.68						19.68
Number of shares									8,352
Fiscal 2014 Grant 2 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Average share price \| $ / shares			20.01						$ 20.01						20.01
Number of shares									13,477
Share-based compensation expense \| $		$ 200,000
Minimum [Member] \| Fiscal 2014 Grant 2 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting price per share \| $ / shares			18.05						$ 18.05						18.05
Maximum [Member] \| Fiscal 2014 Grant 2 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting price per share \| $ / shares			$ 22.00						$ 22.00						$ 22.00
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost \| $			$ 0						$ 0						$ 0
Number of tranches \| item														4
Stock options exercised										43,750	0
Aggregate intrinsic value \| $										$ 500,000
Performance Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based incremental compensation expense from plan modification \| $									700,000
Recognized share-based incremental compensation expense from plan modification \| $									500,000
Share-based compensation expense \| $									$ 1,890,000	$ 2,716,000	$ 2,504,000
Fiscal 2015 Long Term Incentive Plan Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of individual vesting conditions \| item									6
Number of performance measures \| item									2
Shares authorized to be issued			112,464						112,464						112,464
Life of awards									6 years
Fiscal 2014 Long Term Incentive Plan Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of individual vesting conditions \| item				6
Number of performance measures \| item				2
Shares authorized to be issued				89,418
Fiscal 2013 Long Term Incentive Plan Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of individual vesting conditions \| item						6
Number of performance measures \| item						2
Shares authorized to be issued						68,085
Fiscal 2012 Long Term Incentive Plan Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of individual vesting conditions \| item												6
Number of performance measures \| item												2
Shares authorized to be issued												106,101
Fiscal 2010 Long-Term Incentive Plan Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares vested							12,524	18,003			171,414
Average share price \| $ / shares													$ 5.28	$ 5.28
Contractual life													4 years
Common Stock Price Performance Award [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											0.25%	0.25%	0.50%
Number of employees with additional supplemental award \| employee										3
Common Stock Price Performance Award [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%
Common Stock Price Performance Award [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%
Common Stock Price Performance Award [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
Common Stock Price Performance Award [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
Common Stock Price Performance Award [Member] \| After 5 Years [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period of the specific price target were met									5 years
Target number of shares expected to vest			0						0						0
Management Stock Loans [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Transfer of common stock shares as payment on the loans					3,300,000
Share-based compensation expense \| $					$ 500,000						$ 498,000
Unvested Share Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost \| $			$ 200,000						$ 200,000						$ 200,000
Whole-share grant per eligible director \| $									$ 75,000
Vesting period of awards									1 year
Shares issued under terms of the award									24,210	14,616	30,672
Fair value of shares awarded \| $									$ 500,000	$ 300,000	$ 400,000
Cost of common stock issued from treasury \| $									$ 300,000	200,000	400,000
Weighted-average vesting period for recognition									3 months
Total recognized tax benefit from unvested stock awards \| $									$ 100,000	100,000	100,000
Intrinsic value of unvested stock awards \| $										400,000
Share-based compensation expense \| $									$ 400,000	$ 334,000	$ 383,000
Client Partner And Consultant Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of additional individual vesting conditions \| item			0
Granted as fully vested shares											2,000
Value of shares granted and fully vested \| $			$ 10,000								$ 15,000
Number of individuals who qualified for award \| employee									5	12	6
Threshold of cumulative sales over the career in order to receive common stock \| $													$ 20,000,000
Threshold of consulting days performed over the career in order to receive common stock													1500 days
2015 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Authorized additional shares of common stock for issuance	1,000,000
Shares available for granting			964,000						964,000						964,000
Shares remaining in employee stock purchase plan			490,000						490,000						490,000
Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Price of common stock as a percent of the average fair market value									85.00%
Shares issued to employee stock purchase plan participants									42,687	36,761	45,845
Cost basis of shares issued to employee stock purchase plan participants \| $									$ 600,000	$ 500,000	$ 600,000
Proceeds from ESPP participants \| $									700,000	600,000	500,000
Share-based compensation expense \| $									$ 121,000	$ 113,000	$ 92,000
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													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													Mar. 02, 2013
Vesting date													Mar. 02, 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
Vesting date													Aug. 31, 2013
Tranche One [Member] \| Fiscal 2014 Grant 2 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting price per share \| $ / shares		$ 18.05
Number of shares		9,557
Tranche One [Member] \| Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price \| $ / shares													$ 9.00	9.00
Tranche Two [Member] \| Fiscal 2014 Grant 2 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting price per share \| $ / shares		$ 22.00
Number of shares		3,920
Tranche Two [Member] \| Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price \| $ / shares													10.00	10.00
Tranche Three [Member] \| Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price \| $ / shares													12.00	12.00
Tranche Four [Member] \| Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price \| $ / shares													$ 14.00	$ 14.00

Share-Based Compensation Plans (Total Cost Of Share-Based Compensation) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 02, 2013	Aug. 31, 2015	Aug. 31, 2014	Aug. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost		$ 2,536	$ 3,534	$ 3,589
Performance Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost		1,890	2,716	2,504
Fully-Vested Share Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost		125	371	112
Unvested Share Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost		400	334	383
Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost		$ 121	$ 113	92
Management Stock Loans [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost	$ 500			$ 498

Share-Based Compensation Plans (Assumptions Used In Estimating The Fair Value Of The Market-Based Performance Award) (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	12 Months Ended
	Apr. 30, 2014	Aug. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares		24,210
Fiscal 2014 Grant 2 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares		13,477
Grant date share price per share		$ 20.01
Volatility		47.10%
Dividend yield		0.00%
Risk-free rate		1.70%
Grant date		Apr. 16, 2014
Fair value of award		$ 265
Derived service period		2 months 12 days
Unrecognized compensation expense at 8/31/2014
Fiscal 2014 Grant 1 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares		8,352
Vesting price per share		$ 22.00
Grant date share price per share		$ 19.68
Volatility		52.80%
Dividend yield		0.00%
Risk-free rate		1.39%
Grant date		Nov. 22, 2013
Fair value of award		$ 155
Derived service period		2 months 12 days
Unrecognized compensation expense at 8/31/2014
Fiscal 2013 Grant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares		120,101
Vesting price per share		$ 22.00
Grant date share price per share		$ 16.03
Volatility		54.20%
Dividend yield		0.00%
Risk-free rate		1.37%
Grant date		Jul. 18, 2013
Fair value of award		$ 1,651
Derived service period		7 months 6 days
Unrecognized compensation expense at 8/31/2014
Fiscal 2012 Grant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares		177,616
Vesting price per share		$ 18.05
Grant date share price per share		$ 9.55
Volatility		54.60%
Dividend yield		0.00%
Risk-free rate		0.62%
Grant date		Jul. 19, 2012
Fair value of award		$ 1,188
Derived service period		1 year 4 months 24 days
Unrecognized compensation expense at 8/31/2014
Fiscal 2011 Grant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares		294,158
Vesting price per share		$ 17.00
Grant date share price per share		$ 11.34
Volatility		49.80%
Dividend yield		0.00%
Risk-free rate		1.48%
Grant date		Jul. 15, 2011
Fair value of award		$ 2,647
Derived service period		10 months 24 days
Unrecognized compensation expense at 8/31/2014
Minimum [Member] \| Fiscal 2014 Grant 2 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting price per share		$ 18.05
Maximum [Member] \| Fiscal 2014 Grant 2 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting price per share		$ 22.00
Tranche One [Member] \| Fiscal 2014 Grant 2 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares	9,557
Vesting price per share	$ 18.05
Tranche Two [Member] \| Fiscal 2014 Grant 2 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares	3,920
Vesting price per share	$ 22.00

Share-Based Compensation Plans (Unvested Stock Awards) (Details)	12 Months Ended
	Aug. 31, 2015 $ / shares shares
Share-Based Compensation [Abstract]
Unvested stock awards at August 31, 2014, Number of Shares \| shares	14,616
Granted, Number of Shares \| shares	24,210
Vested, Number of Shares \| shares	(14,616)
Unvested stock awards at August 31, 2015, Number of Shares \| shares	24,210
Unvested stock awards at August 31, 2014, Weighted-Average Grant-Date Fair Value Per Share \| $ / shares	$ 20.53
Granted, Weighted-Average Grant-Date Fair Value Per Share \| $ / shares	18.59
Vested, Weighted-Average Grant-Date Fair Value Per Share \| $ / shares	20.53
Unvested stock awards at August 31, 2015, Weighted-Average Grant-Date Fair Value Per Share \| $ / shares	$ 18.59

Share-Based Compensation Plans (Stock Option Activity) (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Aug. 31, 2015 USD ($) $ / shares shares
Share-Based Compensation [Abstract]
Number of Stock Options, Outstanding at August 31, 2014 \| shares	631,250
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, 2015 \| shares	631,250
Number of Stock Options, Options vested and exercisable at August 31, 2015 \| shares	631,250
Weighted Average Exercise Price Per Share, Outstanding at August 31, 2014 \| $ / shares	$ 11.41
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 31, 2015 \| $ / shares	11.41
Weighted Average Exercise Price Per Share, Options vested and exercisable at August 31, 2015 \| $ / shares	$ 11.41
Weighted Average Remaining Contractual Life, Outstanding at August 31, 2015	4 years 9 months 18 days
Weighted Average Remaining Contractual Life, Options vested and exercisable at August 31, 2015	4 years 9 months 18 days
Aggregate Intrinsic Value, Outstanding at August 31, 2015 \| $	$ 3,361
Aggregate Intrinsic Value, Options vested and exercisable at August 31, 2015 \| $	$ 3,361

Share-Based Compensation Plans (Stock Options Outstanding And Exercisable) (Details)	12 Months Ended
	Aug. 31, 2015 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number Outstanding at August 31, 2015 \| shares	631,250
Options Exercisable at August 31, 2015 \| shares	631,250
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, 2015 \| shares	125,000
Weighted Average Remaining Contractual Life	4 years 10 months 24 days
Weighted Average Exercise Price, Outstanding	$ 9.00
Options Exercisable at August 31, 2015 \| shares	125,000
Weighted Average Exercise Price, Exercisable	$ 9.00
$10.00 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise Prices	$ 10.00
Number Outstanding at August 31, 2015 \| shares	168,750
Weighted Average Remaining Contractual Life	4 years 9 months 18 days
Weighted Average Exercise Price, Outstanding	$ 10.00
Options Exercisable at August 31, 2015 \| shares	168,750
Weighted Average Exercise Price, Exercisable	$ 10.00
$12.00 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise Prices	$ 12.00
Number Outstanding at August 31, 2015 \| shares	168,750
Weighted Average Remaining Contractual Life	4 years 9 months 18 days
Weighted Average Exercise Price, Outstanding	$ 12.00
Options Exercisable at August 31, 2015 \| shares	168,750
Weighted Average Exercise Price, Exercisable	$ 12.00
$14.00 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise Prices	$ 14.00
Number Outstanding at August 31, 2015 \| shares	168,750
Weighted Average Remaining Contractual Life	4 years 9 months 18 days
Weighted Average Exercise Price, Outstanding	$ 14.00
Options Exercisable at August 31, 2015 \| shares	168,750
Weighted Average Exercise Price, Exercisable	$ 14.00

Impaired Assets (Details) - USD ($)	12 Months Ended
Impaired Assets (Details) - USD ($)	Aug. 31, 2015	Aug. 31, 2014
Impaired Assets [Abstract]
Long-term receivables from FCOP	$ 541,000	$ 363,000
Capitalized curriculum	414,000
Investment cost method subsidiary	220,000
Prepaid expenses and other long-term assets	127,000
Total impairment of assets	1,302,000	$ 363,000
Other long-term assets	$ 60,000

Restructuring Costs (Schedule Of Restructuring Charges) (Details) $ in Thousands	12 Months Ended
	Aug. 31, 2015 USD ($)
Restructuring Costs [Abstract]
Severance costs	$ 570
Office closure costs	17
Total restructuring charges	587
Restructuring liability	$ 100

Employee Benefit Plans (Details) - USD ($) $ in Millions	12 Months Ended
Employee Benefit Plans (Details) - USD ($) $ in Millions	Aug. 31, 2015	Aug. 31, 2014	Aug. 31, 2013
Employee Benefit Plans [Abstract]
Maximum percent of gross wages employees may contribute	75.00%
Matching contributions	$ 1.7	$ 1.6	$ 1.2
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 Thousands	12 Months Ended
Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	Aug. 31, 2015	Aug. 31, 2014	Aug. 31, 2013	Aug. 31, 2012
Income Taxes [Line Items]
Operating loss carryforwards		$ 2,800
Income tax benefit from foreign tax credits	$ 600	4,200	$ 2,400
Total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate	2,200	2,500
Increase (decrease) in income tax expense due to interest and penalties related to uncertain tax positions			100
Balance of interest and penalties related to uncertain tax positions	300	300
United States - Federal Income Tax [Member]
Income Taxes [Line Items]
Operating loss carryforwards	0	0	0	$ 0
Additional Paid-in Capital [Member]
Income Taxes [Line Items]
Reduction of income tax expense in additional paid in capital	$ 137	$ 2,477	$ 903

Income Taxes (Provision For Income Taxes From Continuing Operations) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2015	Aug. 31, 2014	Aug. 31, 2013
Income Taxes [Abstract]
Current, Federal	$ 220	$ (237)	$ 1,251
Current, State	208	146	273
Current, Foreign	2,691	2,557	3,256
Current	3,119	2,466	4,780
Deferred, Federal	3,239	1,217	864
Deferred, State	138	277	(414)
Deferred, Foreign	(200)	(268)	(151)
Deferred	3,177	1,226	299
Provision for income taxes	$ 6,296	$ 3,692	$ 5,079

Income Taxes (Allocation Of Total Income Tax Provision) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2015	Aug. 31, 2014	Aug. 31, 2013
Income Taxes [Abstract]
Net income	$ 6,296	$ 3,692	$ 5,079
Other comprehensive income	(52)	24	(260)
Total income tax provision	$ 6,244	$ 3,716	$ 4,819

Income Taxes (Income From Continuing Operations Before Income Taxes) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2015	Aug. 31, 2014	Aug. 31, 2013
Income Taxes [Abstract]
United States	$ 15,073	$ 19,256	$ 14,939
Foreign	2,339	2,503	4,459
Income before income taxes	$ 17,412	$ 21,759	$ 19,398

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, 2015	Aug. 31, 2014	Aug. 31, 2013
Income Taxes [Abstract]
Federal statutory income tax rate	35.00%	35.00%	35.00%
State income taxes, net of federal effect	2.30%	1.90%	1.60%
Foreign jurisdictions tax differential	1.20%	(0.40%)	1.00%
Tax differential on income subject to both U.S. and foreign taxes	0.50%	0.50%	(3.30%)
Effect of claiming foreign tax credits instead of deductions for prior years	(3.20%)	(19.30%)	(12.20%)
Uncertain tax positions	(0.90%)	(2.60%)	1.80%
Management stock loan interest and non-deductible expenses			1.30%
Non-deductible executive compensation	0.20%	0.90%	0.90%
Non-deductible meals and entertainment	1.10%	0.80%	0.80%
Other		0.20%	(0.70%)
Income tax rate	36.20%	17.00%	26.20%

Income Taxes (Significant Components Of Deferred Tax Assets And Liabilities) (Details) - USD ($) $ in Thousands	Aug. 31, 2015	Aug. 31, 2014
Income Taxes [Abstract]
Sale and financing of corporate headquarters	$ 9,531	$ 9,951
Foreign income tax credit carryforward	5,106	8,025
Share-based compensation	1,671	1,258
Inventory and bad debt reserves	1,025	847
Bonus and other accruals	934	994
Unearned revenue	328	2,253
Other	810	671
Total deferred income tax assets	19,405	23,999
Less: valuation allowance
Net deferred income tax assets	19,405	23,999
Intangible step-ups - indefinite lived	(8,515)	(8,475)
Intangible step-ups - definite lived	(6,552)	(7,075)
Property and equipment depreciation	(3,139)	(3,854)
Intangible asset impairment and amortization	(5,001)	(5,157)
Unremitted earnings of foreign subsidiaries	(546)	(503)
Other	(77)	(80)
Total deferred income tax liabilities	(23,830)	(25,144)
Net deferred income tax liability	$ (4,425)	$ (1,145)

Income Taxes (Deferred Income Tax Amounts Recorded On The Consolidated Balance Sheets) (Details) - USD ($) $ in Thousands	Aug. 31, 2015	Aug. 31, 2014
Income Taxes [Abstract]
Current assets	$ 2,479	$ 4,340
Long-term assets	194	90
Long-term liabilities	(7,098)	(5,575)
Net deferred income tax liability	$ (4,425)	$ (1,145)

Income Taxes (Summary Of Tax Credit Carryforwards) (Details) $ in Thousands	12 Months Ended
	Aug. 31, 2015 USD ($)
Tax Credit Carryforward [Line Items]
Credits Generated	$ 18,000
Credits Used in Prior Years	(9,241)
Credits Used in Fiscal 2015	(3,653)
Credits Carried Forward	$ 5,106
2008 [Member]
Tax Credit Carryforward [Line Items]
Credit Generated in Fiscal Year Ended	Aug. 31, 2008
Credit Expires	Aug. 31, 2018
Credits Generated	$ 1,444
Credits Used in Prior Years	(1,444)
Credits Used in Fiscal 2015
Credits Carried Forward
2009 [Member]
Tax Credit Carryforward [Line Items]
Credit Generated in Fiscal Year Ended	Aug. 31, 2009
Credit Expires	Aug. 31, 2019
Credits Generated	$ 2,006
Credits Used in Prior Years	(1,041)
Credits Used in Fiscal 2015	(965)
Credits Carried Forward
2010 [Member]
Tax Credit Carryforward [Line Items]
Credit Generated in Fiscal Year Ended	Aug. 31, 2010
Credit Expires	Aug. 31, 2020
Credits Generated	$ 2,907
Credits Used in Fiscal 2015	(1,247)
Credits Carried Forward	$ 1,660
2011 [Member]
Tax Credit Carryforward [Line Items]
Credit Generated in Fiscal Year Ended	Aug. 31, 2011
Credit Expires	Aug. 31, 2021
Credits Generated	$ 3,446
Credits Used in Fiscal 2015
Credits Carried Forward	$ 3,446
2012 [Member]
Tax Credit Carryforward [Line Items]
Credit Generated in Fiscal Year Ended	Aug. 31, 2012
Credit Expires	Aug. 31, 2022
Credits Generated	$ 2,563
Credits Used in Prior Years	(2,563)
Credits Used in Fiscal 2015
Credits Carried Forward
2013 [Member]
Tax Credit Carryforward [Line Items]
Credit Generated in Fiscal Year Ended	Aug. 31, 2013
Credit Expires	Aug. 31, 2023
Credits Generated	$ 2,815
Credits Used in Prior Years	(2,815)
Credits Used in Fiscal 2015
Credits Carried Forward
2014 [Member]
Tax Credit Carryforward [Line Items]
Credit Generated in Fiscal Year Ended	Aug. 31, 2014
Credit Expires	Aug. 31, 2024
Credits Generated	$ 1,378
Credits Used in Prior Years	(1,378)
Credits Used in Fiscal 2015
Credits Carried Forward
2015 [Member]
Tax Credit Carryforward [Line Items]
Credit Generated in Fiscal Year Ended	Aug. 31, 2015
Credit Expires	Aug. 31, 2025
Credits Generated	$ 1,441
Credits Used in Fiscal 2015	(1,441)
Credits Carried Forward

Income Taxes (Reconciliation Of The Beginning And Ending Amount Of Gross Unrecognized Tax Benefits) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2015	Aug. 31, 2014	Aug. 31, 2013
Income Taxes [Abstract]
Beginning balance	$ 3,491	$ 4,129	$ 4,212
Additions based on tax positions related to the current year	244	157	720
Additions for tax positions in prior years	144	60	69
Reductions for tax positions of prior years resulting from the lapse of applicable statute of limitations	(339)	(663)	(74)
Other reductions for tax positions of prior years	(425)	(192)	(798)
Ending balance	$ 3,115	$ 3,491	$ 4,129

Income Taxes (Tax Years That Remain Subject To Examinations For Major Tax Jurisdictions) (Details)	12 Months Ended
	Aug. 31, 2015
Canada [Member] \| Minimum [Member]
Income Taxes [Line Items]
Tax years that remain subject to examinations	2008
Canada [Member] \| Maximum [Member]
Income Taxes [Line Items]
Tax years that remain subject to examinations	2015
Australia [Member] \| Minimum [Member]
Income Taxes [Line Items]
Tax years that remain subject to examinations	2008
Australia [Member] \| Maximum [Member]
Income Taxes [Line Items]
Tax years that remain subject to examinations	2015
Japan, United Kingdom [Member] \| Minimum [Member]
Income Taxes [Line Items]
Tax years that remain subject to examinations	2010
Japan, United Kingdom [Member] \| Maximum [Member]
Income Taxes [Line Items]
Tax years that remain subject to examinations	2015
United States - State And Local Income Tax [Member] \| Minimum [Member]
Income Taxes [Line Items]
Tax years that remain subject to examinations	2011
United States - State And Local Income Tax [Member] \| Maximum [Member]
Income Taxes [Line Items]
Tax years that remain subject to examinations	2015
United States - Federal Income Tax [Member] \| Minimum [Member]
Income Taxes [Line Items]
Tax years that remain subject to examinations	2012
United States - Federal Income Tax [Member] \| Maximum [Member]
Income Taxes [Line Items]
Tax years that remain subject to examinations	2015

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Aug. 31, 2015	Aug. 31, 2014	Aug. 31, 2013
Earnings Per Share [Abstract]
Net income	$ 11,116	$ 18,067	$ 14,319
Basic weighted average shares outstanding	16,742	16,720	17,348
Stock options and other share-based awards	181	227	91
Common stock warrants			532
Diluted weighted average shares outstanding	16,923	16,947	17,971
Net income per share, Basic	$ 0.66	$ 1.08	$ 0.83
Net income per share, Diluted	$ 0.66	$ 1.07	$ 0.80

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References + Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Segment Information (Narrative) (Details) $ in Millions	12 Months Ended
Segment Information (Narrative) (Details) $ in Millions	Aug. 31, 2015 USD ($) customer	Aug. 31, 2014 USD ($)	Aug. 31, 2013 USD ($)
Segment Reporting Information [Line Items]
Number of customers accounted for more than ten percent of revenues \| customer	0
United States/Canada [Member]
Segment Reporting Information [Line Items]
Capital expenditures related to capitalized curriculum \| $	$ 2.2	$ 7.8	$ 2.6

Segment Information (Schedule Of Segment Operations) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2015	Aug. 31, 2014	Aug. 31, 2013
Segment Reporting Information [Line Items]
Sales to external customers	$ 209,941	$ 205,165	$ 190,924
Gross profit	138,089	138,266	128,989
Adjusted EBITDA	31,858	34,420	31,402
Depreciation	4,142	3,383	3,008
Amortization	3,727	3,954	3,191
Assets	200,645	205,186	189,405
Capital Expenditures	4,641	11,261	4,418
Operating Segments [Member]
Segment Reporting Information [Line Items]
Sales to external customers	205,580	201,238	186,770
Gross profit	135,898	136,261	126,783
Adjusted EBITDA	36,677	38,878	36,686
Depreciation	2,479	2,042	1,613
Amortization	3,727	3,954	3,191
Assets	97,114	101,067	96,958
Capital Expenditures	3,827	10,409	4,252
Corporate And Eliminations [Member]
Segment Reporting Information [Line Items]
Sales to external customers	4,361	3,927	4,154
Gross profit	2,191	2,005	2,206
Adjusted EBITDA	(4,819)	(4,458)	(5,284)
Depreciation	(1,663)	(1,341)	(1,395)
Assets	(103,531)	(104,119)	(92,447)
Capital Expenditures	814	852	166
United States/Canada [Member]
Segment Reporting Information [Line Items]
Sales to external customers	161,859	156,537	142,616
Gross profit	101,917	101,214	91,637
Adjusted EBITDA	16,405	18,990	16,419
Depreciation	2,157	1,704	1,286
Amortization	3,722	3,869	3,180
Assets	79,215	85,847	83,391
Capital Expenditures	3,618	10,008	4,106
International [Member]
Segment Reporting Information [Line Items]
Sales to external customers	43,721	44,701	44,154
Gross profit	33,981	35,047	35,146
Adjusted EBITDA	20,272	19,888	20,267
Depreciation	322	338	327
Amortization	5	85	11
Assets	17,899	15,220	13,567
Capital Expenditures	$ 209	$ 401	$ 146

Segment Information (Schedule Of EBITDA Segment) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2015	Aug. 31, 2014	Aug. 31, 2013
Segment Reporting Information [Line Items]
Enterprise Adjusted EBITDA	$ 31,858	$ 34,420	$ 31,402
Share-based compensation expense	(2,536)	(3,534)	(3,589)
Reduction of contingent earn out	(35)	1,579
Impaired assets	(1,302)	(363)
Restructuring costs	(587)
Depreciation	(4,142)	(3,383)	(3,008)
Amortization	(3,727)	(3,954)	(3,191)
Income from operations	19,529	24,765	21,614
Interest income	383	427	614
Interest expense	(2,137)	(2,237)	(2,332)
Discount on related party receivable	(363)	(1,196)	(519)
Other income, net			21
Income before income taxes	17,412	21,759	19,398
Operating Segments [Member]
Segment Reporting Information [Line Items]
Enterprise Adjusted EBITDA	36,677	38,878	36,686
Depreciation	(2,479)	(2,042)	(1,613)
Amortization	(3,727)	(3,954)	(3,191)
Corporate And Eliminations [Member]
Segment Reporting Information [Line Items]
Enterprise Adjusted EBITDA	(4,819)	(4,458)	(5,284)
Depreciation	$ 1,663	$ 1,341	$ 1,395

Segment Information (Consolidated Revenues From Continuing Operations By Country) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2015	Aug. 31, 2014	Aug. 31, 2013
Segment Reporting Information [Line Items]
Sales	$ 209,941	$ 205,165	$ 190,924
United States [Member]
Segment Reporting Information [Line Items]
Sales	162,594	153,999	138,599
Japan [Member]
Segment Reporting Information [Line Items]
Sales	14,446	16,652	19,594
United Kingdom [Member]
Segment Reporting Information [Line Items]
Sales	8,997	6,899	5,428
Canada [Member]
Segment Reporting Information [Line Items]
Sales	6,460	8,780	9,866
China/Singapore [Member]
Segment Reporting Information [Line Items]
Sales	3,821	3,322	2,889
Australia [Member]
Segment Reporting Information [Line Items]
Sales	3,774	4,623	4,536
Thailand [Member]
Segment Reporting Information [Line Items]
Sales	1,055	860	860
Mexico/Central America [Member]
Segment Reporting Information [Line Items]
Sales	974	923	955
Denmark/Scandinavia [Member]
Segment Reporting Information [Line Items]
Sales	729	831	693
India [Member]
Segment Reporting Information [Line Items]
Sales	708	684	559
Middle East [Member]
Segment Reporting Information [Line Items]
Sales	670	594	472
Indonesia [Member]
Segment Reporting Information [Line Items]
Sales	651	761	778
Malaysia [Member]
Segment Reporting Information [Line Items]
Sales	511	405	427
Central/Eastern Europe [Member]
Segment Reporting Information [Line Items]
Sales	492	697	551
Brazil [Member]
Segment Reporting Information [Line Items]
Sales	321	595	495
Korea [Member]
Segment Reporting Information [Line Items]
Sales	179	725	469
Others [Member]
Segment Reporting Information [Line Items]
Sales	$ 3,559	$ 3,815	$ 3,753

Segment Information (Long-Lived Assets By Country) (Details) - USD ($) $ in Thousands	Aug. 31, 2015	Aug. 31, 2014
Segment Reporting Information [Line Items]
Long-Lived Assets	$ 30,306	$ 32,056
United States/Canada [Member]
Segment Reporting Information [Line Items]
Long-Lived Assets	28,770	30,445
Japan [Member]
Segment Reporting Information [Line Items]
Long-Lived Assets	1,227	1,351
United Kingdom [Member]
Segment Reporting Information [Line Items]
Long-Lived Assets	101	149
Australia [Member]
Segment Reporting Information [Line Items]
Long-Lived Assets	$ 208	$ 111

Acquisition Of NinetyFive 5 LLC (Narrative) (Details) - USD ($) $ in Thousands		12 Months Ended
	Mar. 11, 2013	Aug. 31, 2015	Aug. 31, 2014	Aug. 31, 2013	Dec. 31, 2012
Potential annual contingent payment		$ 2,565	$ 2,530	$ 4,109
Total revenue		209,941	205,165	190,924
Net income		11,116	$ 18,067	$ 14,319
NinetyFive 5 [Member]
Purchase price in cash	$ 4,200
Potential annual contingent payment	$ 8,500
Acquisition costs		$ 100
Total revenue					$ 8,700
Net income					$ 1,900
Ownership percentage prior to acquisition		10.50%

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Acquisition Of NinetyFive 5 LLC (Schedule Of Estimated Fair Values Of Assets Acquired) (Details) - USD ($) $ in Thousands	Aug. 31, 2015	Aug. 31, 2014	Aug. 31, 2013
Goodwill	$ 19,903	$ 19,641	$ 16,135
NinetyFive 5 [Member]
Computer equipment	14
Intangible assets	3,989
Goodwill	4,728
Loss on reacquired license arrangement	950
Purchase price payable and unearned revenue	(2,651)
Contingent earn-out liability (long-term liabilities)	(4,109)
Gain on equity ownership interest	(971)
Cash paid	$ 1,950

Acquisition Of NinetyFive 5 LLC (Schedule Of Assets Acquired Amortized Over Estimated Useful Lives) (Details) - NinetyFive 5 [Member] $ in Thousands	12 Months Ended
	Aug. 31, 2015 USD ($)
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible Assets Acquired	$ 3,989
Internally Developed Software [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible Assets Acquired	$ 2,049
Estimated Useful Life	3 years
Customer Relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible Assets Acquired	$ 1,574
Estimated Useful Life	5 years
Trade Names [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible Assets Acquired	$ 242
Estimated Useful Life	5 years
Non-compete Agreements [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible Assets Acquired	$ 124
Estimated Useful Life	5 years

Acquisition Of NinetyFive 5 LLC (Schedule Of Other Income, Net) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2015	Aug. 31, 2013
Other income, net		$ 21
NinetyFive 5 [Member]
Gain on equity ownership interest	$ 971
Loss on reacquired license arrangement	(950)
Other income, net	$ 21

Management Common Stock Loan Program (Details) - USD ($) shares in Thousands	1 Months Ended	3 Months Ended	12 Months Ended
	May 31, 2004	Mar. 02, 2013	Aug. 31, 2001	Jun. 30, 2006
Management Common Stock Loan Program [Line Items]
Interest rate			9.40%
Management Common Stock Loan Program [Member]
Management Common Stock Loan Program [Line Items]
Shares of common stock purchased by management stock loan participants			3,825
Cost of loan to purchase stock	$ 7,600,000		$ 33,600,000
Number of shares held, elected to accept extension and place into escrow account				3,500
Percent of shares held, elected to accept extension and place into escrow account				94.00%
Share-based compensation expense		$ 500,000
Management Common Stock Loan Program [Member] \| May 2004 Modification [Member]
Management Common Stock Loan Program [Line Items]
Cost of loan to purchase stock	$ 0

Related Party Transactions (Narrative) (Details) - USD ($)	3 Months Ended	12 Months Ended
	Aug. 31, 2008	Aug. 31, 2015	Aug. 31, 2014	Dec. 31, 2013	Aug. 31, 2013	Aug. 31, 2012	Aug. 31, 2009	May 30, 2015	Dec. 31, 2014
Related Party Transaction [Line Items]
Total revenue		$ 209,941,000	$ 205,165,000		$ 190,924,000
Net loss		11,116,000	18,067,000		14,319,000
Annual contingent payment		262,000	6,167,000		4,185,000
Red Tree, Inc [Member]
Related Party Transaction [Line Items]
Purchase price in cash			500,000
Total revenue				$ 1,300,000
Net loss				$ (100,000)
CoveyLink Worldwide, LLC [Member]
Related Party Transaction [Line Items]
Purchase price in cash							$ 1,000,000
Total initial purchase price							$ 1,200,000
Annual contingent payment		3,500,000	2,200,000
Additional annual contingent payment		300,000
FC Organizational Products, LLC [Member]
Related Party Transaction [Line Items]
Investment	$ 1,800,000
Percent voting interest in FCOP	19.50%
Capital contribution	$ 1,000,000
Percent return on capital contribution	10.00%
Discount on receivable from related party		1,000,000				$ 1,400,000		$ 500,000	$ 2,100,000
Additional discount charge from related parties			600,000
Percent discount on long-term portion of note receivable						15.00%
Payable to FCOP		50,000	300,000
Impairment of related-party receivable			400,000
Receivable from FCOP		4,000,000	5,100,000					$ 200,000
Intellectual Property [Member] \| Stephen M.R. Covey [Member]
Related Party Transaction [Line Items]
Royalty payments		1,400,000	1,500,000		1,400,000
Speaking Fees [Member] \| Son Of The Former Vice-Chairman Of The Board Of Directors [Member]
Related Party Transaction [Line Items]
Royalty payments		1,000,000	1,000,000		700,000
Accrued royalties payable		700,000	600,000
Sale Of Books [Member] \| Son Of The Former Vice-Chairman Of The Board Of Directors [Member]
Related Party Transaction [Line Items]
Royalty payments		200,000	200,000		300,000
Accrued royalties payable		200,000	200,000
Sale Of Books [Member] \| Former Vice-Chairman Of The Board Of Directors [Member]
Related Party Transaction [Line Items]
Royalty payments		100,000	300,000		$ 700,000
Accrued royalties payable		$ 100,000	$ 0

Related Party Transactions (Schedule Of Estimated Fair Values Of Assets Acquired) (Details) - USD ($) $ in Thousands	Aug. 31, 2015	Aug. 31, 2014	Aug. 31, 2013
Business Acquisition [Line Items]
Goodwill	$ 19,903	$ 19,641	$ 16,135
Red Tree, Inc [Member]
Business Acquisition [Line Items]
Inventory		7
Intangible assets		405
Goodwill		50
Cash paid		$ 462

Related Party Transactions (Schedule Of Assets Acquired Amortized Over Estimated Useful Lives) (Details) - Red Tree, Inc [Member] $ in Thousands	12 Months Ended
	Aug. 31, 2015 USD ($)
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible Assets Acquired	$ 405
Trade Names [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible Assets Acquired	$ 31
Estimated Useful Life	5 years
Customer Relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible Assets Acquired	$ 142
Estimated Useful Life	5 years
Content [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible Assets Acquired	$ 232
Estimated Useful Life	5 years

Share-Based Compensation Plans (Schedule Of Long Term Incentive Plan Awards) (Details) $ in Millions	12 Months Ended
	Aug. 31, 2015 USD ($) shares
Fiscal 2015 Long Term Incentive Plan Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
EBITDA Award, Shares	78,723
Sales Revenue Award, Shares	33,741
Fiscal 2014 Long Term Incentive Plan Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
EBITDA Award, Shares	62,592
Sales Revenue Award, Shares	26,826
Fiscal 2013 Long Term Incentive Plan Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
EBITDA Award, Shares	47,661
Sales Revenue Award, Shares	20,424
Fiscal 2012 Long Term Incentive Plan Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
EBITDA Award, Shares	74,271
Sales Revenue Award, Shares	31,830
Tranche One [Member] \| Fiscal 2015 Long Term Incentive Plan Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
EBITDA Award Goal \| $	$ 39.6
EBITDA Award, Shares	26,241
Sales Revenue Award Goal \| $	$ 107.0
Sales Revenue Award, Shares	11,247
Tranche One [Member] \| Fiscal 2014 Long Term Incentive Plan Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
EBITDA Award Goal \| $	$ 37.0
EBITDA Award, Shares	20,864
Sales Revenue Award Goal \| $	$ 5.0
Sales Revenue Award, Shares	8,942
Tranche One [Member] \| Fiscal 2013 Long Term Incentive Plan Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
EBITDA Award Goal \| $	$ 33.0
EBITDA Award, Shares	15,887
Sales Revenue Award Goal \| $	$ 23.5
Sales Revenue Award, Shares	6,808
Tranche One [Member] \| Fiscal 2012 Long Term Incentive Plan Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
EBITDA Award Goal \| $	$ 26.0
EBITDA Award, Shares	24,757
Sales Revenue Award Goal \| $	$ 20.5
Sales Revenue Award, Shares	10,610
Tranche Two [Member] \| Fiscal 2015 Long Term Incentive Plan Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
EBITDA Award Goal \| $	$ 45.5
EBITDA Award, Shares	26,241
Sales Revenue Award Goal \| $	$ 118.0
Sales Revenue Award, Shares	11,247
Tranche Two [Member] \| Fiscal 2014 Long Term Incentive Plan Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
EBITDA Award Goal \| $	$ 43.0
EBITDA Award, Shares	20,864
Sales Revenue Award Goal \| $	$ 10.0
Sales Revenue Award, Shares	8,942
Tranche Two [Member] \| Fiscal 2013 Long Term Incentive Plan Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
EBITDA Award Goal \| $	$ 40.0
EBITDA Award, Shares	15,887
Sales Revenue Award Goal \| $	$ 26.5
Sales Revenue Award, Shares	6,808
Tranche Two [Member] \| Fiscal 2012 Long Term Incentive Plan Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
EBITDA Award Goal \| $	$ 33.0
EBITDA Award, Shares	24,757
Sales Revenue Award Goal \| $	$ 23.5
Sales Revenue Award, Shares	10,610
Tranche Three [Member] \| Fiscal 2015 Long Term Incentive Plan Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
EBITDA Award Goal \| $	$ 52.3
EBITDA Award, Shares	26,241
Sales Revenue Award Goal \| $	$ 130.0
Sales Revenue Award, Shares	11,247
Tranche Three [Member] \| Fiscal 2014 Long Term Incentive Plan Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
EBITDA Award Goal \| $	$ 49.0
EBITDA Award, Shares	20,864
Sales Revenue Award Goal \| $	$ 12.5
Sales Revenue Award, Shares	8,942
Tranche Three [Member] \| Fiscal 2013 Long Term Incentive Plan Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
EBITDA Award Goal \| $	$ 47.0
EBITDA Award, Shares	15,887
Sales Revenue Award Goal \| $	$ 29.5
Sales Revenue Award, Shares	6,808
Tranche Three [Member] \| Fiscal 2012 Long Term Incentive Plan Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
EBITDA Award Goal \| $	$ 40.0
EBITDA Award, Shares	24,757
Sales Revenue Award Goal \| $	$ 26.5
Sales Revenue Award, Shares	10,610