Franklin Covey (FC) 10-K12 Nov 242024 FY Annual reportFinancial data

Company Profile

Document And Entity Information

Document And Entity Information - USD ($) $ in Millions	12 Months Ended
Document And Entity Information - USD ($) $ in Millions	Aug. 31, 2024	Oct. 31, 2024	Feb. 29, 2024
Document And Entity Information [Abstract]
Document Type	10-K
Document Annual Report	true
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--08-31
Document Fiscal Year Focus	2024
Document Period End Date	Aug. 31, 2024
Document Transition Report	false
Entity File Number	001-11107
Entity Registrant Name	Franklin Covey Co.
Entity Incorporation, State or Country Code	UT
Entity Tax Identification Number	87-0401551
Entity Address, Address Line One	2200 West Parkway Boulevard
Entity Address, City or Town	Salt Lake City
Entity Address, State or Province	UT
Entity Address, Postal Zip Code	84119-2331
City Area Code	801
Local Phone Number	817-1776
Title of 12(b) Security	Common Stock, $.05 Par Value
Trading Symbol	FC
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		13,184,271
Entity Public Float			$ 430.2
Documents Incorporated By Reference	Parts of the Registrant's Definitive Proxy Statement for the Annual Meeting of Shareholders, which is scheduled to be held on January 24, 2025, are incorporated by reference in Part III of this Form 10-K.
Amendment Flag	false
Entity Central Index Key	0000886206
Auditor Firm ID	34
Auditor Name	Deloitte & Touche LLP
Auditor Location	Salt Lake City, Utah
Document Financial Statement Error Correction [Flag]	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 31, 2023
Current assets:
Cash and cash equivalents	$ 48,663	$ 38,230
Accounts receivable, less allowance for credit losses of $3,015 and $3,790	86,002	81,935
Inventories	4,002	4,213
Prepaid expenses	5,111	4,401
Other current assets	16,475	16,238
Total current assets	160,253	145,017
Property and equipment, net	8,736	10,039
Intangible assets, net	37,766	40,511
Goodwill	31,220	31,220
Deferred income tax assets	870	1,661
Other long-term assets	22,694	17,471
Total assets	261,539	245,919
Current liabilities:
Current portion of notes payable	835	5,835
Current portion of financing obligation	3,112	3,538
Accounts payable	7,862	6,501
Deferred subscription revenue	101,218	95,386
Customer deposits	16,972	12,137
Accrued liabilities	32,454	28,252
Total current liabilities	162,453	151,649
Notes payable, less current portion	775	1,535
Financing obligation, less current portion	1,312	4,424
Other liabilities	10,732	7,617
Deferred income tax liabilities	3,132	2,040
Total liabilities	178,404	167,265
Commitments and contingencies (Note 9)
Shareholders’ equity:
Common stock, $.05 par value; 40,000 shares authorized, 27,056 shares issued	1,353	1,353
Additional paid-in capital	231,813	232,373
Retained earnings	123,204	99,802
Accumulated other comprehensive loss	(768)	(987)
Treasury stock at cost, 14,084 shares and 13,974 shares	(272,467)	(253,887)
Total shareholders’ equity	83,135	78,654
Total liabilities and shareholders' equity	$ 261,539	$ 245,919

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 31, 2023
Consolidated Balance Sheets [Abstract]
Allowance for doubtful accounts	$ 3,015	$ 3,790
Common stock, par value	$ 0.05	$ 0.05
Common stock, shares authorized	40,000,000	40,000,000
Common stock, shares issued	27,056,000	27,056,000
Treasury stock, shares	14,084,000	13,974,000

Consolidated Income Statements

Consolidated Income Statements And Statements Of Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Consolidated Income Statements And Statements Of Comprehensive Income [Abstract]
Revenue	$ 287,233	$ 280,521	$ 262,841
Cost of revenue	66,161	67,031	60,929
Gross profit	221,072	213,490	201,912
Selling, general, and administrative	175,941	177,951	168,069
Restructuring costs	3,008	565
Impaired asset	928
Depreciation	3,905	4,271	4,903
Amortization	4,248	4,342	5,266
Income from operations	33,042	26,361	23,674
Interest income	1,123	1,091	65
Interest expense	(1,119)	(1,583)	(1,675)
Income before income taxes	33,046	25,869	22,064
Income tax provision	(9,644)	(8,088)	(3,634)
Net income	$ 23,402	$ 17,781	$ 18,430
Net income per share:
Basic	$ 1.78	$ 1.30	$ 1.30
Diluted	$ 1.74	$ 1.24	$ 1.27
Weighted average number of common shares:
Basic	13,171	13,640	14,147
Diluted	13,472	14,299	14,555
COMPREHENSIVE INCOME:
Net income	$ 23,402	$ 17,781	$ 18,430
Foreign currency translation adjustments, net of income tax benefit (provision) of $(11), $(80), and $176	219	(445)	(1,251)
Comprehensive income	$ 23,621	$ 17,336	$ 17,179

Consolidated Income Statement_2

Consolidated Income Statements And Statements Of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Consolidated Income Statements And Statements Of Comprehensive Income [Abstract]
Foreign currency translation adjustments, income taxes	$ (11)	$ (80)	$ 176

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 23,402	$ 17,781	$ 18,430
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	8,153	8,613	10,169
Amortization of capitalized curriculum development costs	3,172	3,084	3,354
Deferred income taxes	1,885	4,748	121
Stock-based compensation expense	10,142	12,520	8,286
Impaired asset	928
Change in fair value of contingent consideration liabilities		7	68
Amortization of right-of-use operating lease assets	760	834	913
Changes in assets and liabilities:
Increase in accounts receivable, net	(3,759)	(9,452)	(2,406)
Decrease (increase) in inventories	228	(692)	(1,048)
Increase in prepaid expenses and other assets	(1,414)	(88)	(2,692)
Increase (decrease) in accounts payable and accrued liabilities	403	(9,541)	4,358
Increase in deferred revenue and customer deposits	13,458	8,806	14,245
Increase (decrease) in income taxes payable	3,453	(195)	138
Decrease in other liabilities	(554)	(687)	(1,682)
Net cash provided by operating activities	60,257	35,738	52,254
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of property and equipment	(3,694)	(4,515)	(3,177)
Capitalized curriculum development costs	(6,866)	(9,035)	(2,154)
Acquisition of content rights	(750)
Net cash used for investing activities	(11,310)	(13,550)	(5,331)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from term notes payable financing		7,500
Principal payments on notes payable	(5,835)	(13,335)	(5,835)
Principal payments on financing obligation	(3,538)	(3,199)	(2,887)
Purchases of common stock for treasury	(30,749)	(35,555)	(23,850)
Payment of contingent consideration liabilities		(736)	(1,434)
Cash paid to new secured credit agreement		(393)
Proceeds from sales of common stock held in treasury	1,467	1,539	1,336
Net cash used for financing activities	(38,655)	(44,179)	(32,670)
Effect of foreign currency exchange rates on cash and cash equivalents	141	(296)	(1,153)
Net increase (decrease) in cash and cash equivalents	10,433	(22,287)	13,100
Cash and cash equivalents at the beginning of the year	38,230	60,517	47,417
Cash and cash equivalents at the end of the year	48,663	38,230	60,517
Supplemental disclosure of cash flow information:
Cash paid for income taxes	4,205	3,308	3,210
Cash paid for interest	1,107	1,501	1,655
Non-cash investing and financing activities:
Acquisition of property and equipment and capitalized curriculum financed by accounts payable	1,036	$ 548	$ 529
Acquisition of content rights financed by accounts payable	$ 750

Consolidated Statements Of Chan

Consolidated Statements Of Changes In Shareholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Treasury Stock [Member]	Total
Beginning balance, shares at Aug. 31, 2021	27,056,000				12,889,000
Beginning balance at Aug. 31, 2021	$ 1,353	$ 214,888	$ 63,591	$ 709	$ (200,678)
Issuance of common stock from treasury, shares					258,000
Issuance of common stock from treasury		(2,719)			$ 4,055
Purchases of treasury shares, shares					(585,000)	(585,536)
Purchases of treasury shares					$ (23,850)	$ (23,850)
Stock-based compensation		8,286
Unvested share award, shares					13,000
Unvested share award		(209)			$ 209
Cumulative translation adjustments				(1,251)		(1,251)
Net income			18,430			$ 18,430
Ending balance, shares at Aug. 31, 2022	27,056,000				13,203,000
Ending balance at Aug. 31, 2022	$ 1,353	220,246	82,021	(542)	$ (220,264)
Issuance of common stock from treasury, shares					98,000
Issuance of common stock from treasury		(127)			$ 1,666
Purchases of treasury shares, shares					(885,000)	(885,512)
Purchases of treasury shares					$ (35,555)	$ (35,555)
Stock-based compensation		12,520
Unvested share award, shares					16,000
Unvested share award		(266)			$ 266
Cumulative translation adjustments				(445)		(445)
Net income			17,781			17,781
Ending balance, shares at Aug. 31, 2023	27,056,000				(13,974,000)
Ending balance at Aug. 31, 2023	$ 1,353	232,373	99,802	(987)	$ (253,887)	$ 78,654
Ending balance, shares, Treasury at Aug. 31, 2023						(13,974,000)
Issuance of common stock from treasury, shares					643,000	666,440
Issuance of common stock from treasury		(10,266)			$ 11,733
Purchases of treasury shares, shares					(776,000)	(776,234)
Purchases of treasury shares					$ (30,749)	$ (30,749)
Stock-based compensation		10,142
Unvested share award, shares					23,000
Unvested share award		(436)			$ 436
Cumulative translation adjustments				219		219
Net income			23,402			23,402
Ending balance, shares at Aug. 31, 2024	27,056,000				(14,084,000)
Ending balance at Aug. 31, 2024	$ 1,353	$ 231,813	$ 123,204	$ (768)	$ (272,467)	$ 83,135
Ending balance, shares, Treasury at Aug. 31, 2024						(14,084,000)

Nature Of Operations And Summar

Nature Of Operations And Summary Of Significant Accounting Policies	12 Months Ended
	Aug. 31, 2024
Nature Of Operations And Summary Of Significant Accounting Policies [Abstract]
Nature Of Operations And Summary Of Significant Accounting Policies	1. NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Franklin Covey Co. (hereafter referred to as we, us, our, or the Company) is a global company specializing in organizational 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.” 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 , The Four Disciplines of Execution , and Multipliers , and proprietary content in the areas of Leadership, Execution, Productivity, Sales Performance, and Educational improvement. Our offerings are described in further detail at www.franklincovey.com and elsewhere in this report. 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 Our fiscal year ends on August 31 of each year and our fiscal quarters end on the last day of November, February, and May. 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 that serve clients in Japan, China, the United Kingdom, Ireland, Australia, New Zealand, Germany, Switzerland, and Austria. Intercompany balances and transactions are eliminated in consolidation. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, shareholders’ equity, revenues, and expenses. Actual results could differ from those estimates. Reclassifications Certain reclassifications have been made in our prior period financial statements to conform with the current period presentation. On our consolidated income statement and statement of comprehensive income for the fiscal year ended August 31, 2023, we have separately presented $ 0.6 million of restructuring costs which were previously included with selling, general, and administrative expenses. Cash and Cash Equivalents 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 these deposits may exceed insured limits. We consider all highly liquid debt instruments with an original maturity date of three months or less to be cash equivalents. Of our $ 48.7 million of cash at August 31, 2024, $ 13.9 million was held outside the U.S. by our foreign subsidiaries. We routinely repatriate cash from our foreign subsidiaries and consider cash generated from foreign activities a key component of our overall liquidity position. Inventories Inventories are stated at the lower of cost or net realizable value, cost being determined using the first-in, first-out method. Elements of cost in inventories include raw materials and direct labor. Cash flows from the sale 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, training-related accessories, and consisted of the following (in thousands): AUGUST 31, 2024 2023 Finished goods $ 4,002 $ 4,204 Raw materials - 9 $ 4,002 $ 4,213 Provision is made to reduce excess and obsolete inventories to their estimated net realizable value. In assessing the valuation of our 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. Other C urrent Assets Significant components of our other current assets were as follows (in thousands): AUGUST 31, 2024 2023 Deferred commissions $ 14,784 $ 14,426 Other current assets 1,691 1,812 $ 16,475 $ 16,238 We defer commission expense on subscription-based sales and recognize the commission expense with the recognition of the corresponding revenue. Property a nd 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 7 ), 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 Our property and equipment were comprised of the following (in thousands): AUGUST 31, 2024 2023 Land and improvements $ 1,312 $ 1,312 Buildings 28,240 30,038 Machinery and equipment 401 495 Computer hardware and software 29,263 28,948 Furniture, fixtures, and leasehold improvements 9,362 10,147 68,578 70,940 Less accumulated depreciation ( 59,842 ) ( 60,901 ) $ 8,736 $ 10,039 We expense costs for repairs and maintenance as incurred. Gains and losses resulting from the sale of property and equipment are recorded in income from operations. Depreciation of capitalized subscription portal costs is included in depreciation expense in the accompanying consolidated income statements and statements of comprehensive income. Impairment of Long -Lived Assets Long-lived tangible assets and finite-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 finite-lived intangible assets change in the future, significant impairment charges could result that would adversely affect our results of operations and financial condition. In a prior period, we initiated the development of a student leadership assessment. However, due to societal changes in perception regarding the collection of student information and potential legal challenges, during the second quarter of fiscal 2024 we determined that it was in the best interest of the Company to suspend further development of the student leadership assessment and impair the associated asset. Approximately $ 0.6 million of the capitalized costs were for software and were previously included in property and equipment, and $ 0.3 million was included in capitalized development, which is included in our other long-term assets. The student leadership assessment was being developed solely for use in our Education Division. Indefinite-Lived Intangible Assets and Goodwill Impairment Testing 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 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 2024 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 periods presented in this report. Goodwill is recorded when the purchase price for a business acquisition exceeds the estimated fair value of the net tangible and identified intangible assets acquired. We test goodwill for impairment each year on August 31 or upon the occurrence of events or changes in circumstances which indicate that goodwill may be impaired. Goodwill is assigned to our reporting units, which are our operating segments, where discrete financial information is available that is regularly reviewed by management to evaluate segment performance. During the annual impairment testing process, we have the option to first perform a qualitative assessment (commonly referred to as Step Zero) over relative events and circumstances to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying value or to perform a quantitative assessment where we estimate the fair value of each reporting unit using both an income and market approach. At August 31, 2024, we completed a quantitative assessment of our goodwill and concluded there were no impairments. Refer to Note 4, Intangible Assets and Goodwill for further information on our goodwill, including the allocation of our goodwill to our operating segments. When we perform a quantitative analysis to assess the recoverability of our goodwill, we determine the estimated fair value of each reporting unit and compare it to the carrying value of the reporting unit, including goodwill. If the fair value is less than the carrying value of the net assets and related goodwill, an impairment charge is recognized for the difference. The estimated fair value of each reporting unit is calculated using a combination of the income approach (discounted cash flows) and the market approach (using market multiples derived from a set of companies with comparable market characteristics). The value estimated using a discounted cash flow model is weighted against the estimated value derived from the guideline company market approach method. This market approach method estimates the price reasonably expected to be realized from the sale of the reporting unit based on comparable companies. In developing the discounted cash flow analysis, our assumptions about future revenues and expenses, capital expenditures, and changes in working capital are based on our internal plan and assume a terminal growth rate thereafter. The discounted cash flow analysis is derived from valuation techniques in which one or more significant inputs are not observable and constitute Level 3 fair value measures. The determination of the fair value of a reporting unit is judgmental in nature and involves the use of significant estimates and assumptions. These estimates and assumptions include revenue growth rates and operating margins used to calculate projected future cash flows, risk-adjusted discount rates, future economic and market conditions, and determination of appropriate market comparables. We base our fair value estimates on assumptions we believe to be reasonable, but that are unpredictable and inherently uncertain. Actual future results may differ from those estimates. Capitalized C urriculum 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. Our capitalized curriculum development spending in fiscal 2024, which totaled $ 6.9 million , was primarily to create new and refreshed offerings and content for the AAP, including a significantly refreshed The 7 Habits of Highly Effective People offering which is expected to be released early in fiscal 2025, and new offerings for our Education practice. 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 a significant investment in new curriculum. Costs incurred to maintain existing offerings are expensed when incurred. In addition, development costs incurred in the research and development of new offerings and software products to be sold, leased, or otherwise marketed are expensed as incurred until economic and technological feasibility have 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 the content. Capitalized curriculum development costs are reported as a component of other long-term assets in our consolidated balance sheets and totaled $ 15.3 million and $ 10.9 million at August 31, 2024 and 2023. Amortization of capitalized curriculum development costs is reported as a component of cost of revenue in the accompanying consolidated income statements and statements of comprehensive income. Accrued Liabilities Significant components of our accrued liabilities were as follows (in thousands): AUGUST 31, 2024 2023 Accrued compensation $ 18,463 $ 17,974 Other accrued liabilities 13,991 10,278 $ 32,454 $ 28,252 Contingent C onsideration Payments from Business Acquisitions Business acquisitions may include contingent consideration payments based on various future financial measures related to the acquired entity. Contingent consideration is required to be recognized at fair value as of the acquisition date. We estimate the fair value of these liabilities based on financial projections of the acquired company and estimated probabilities of achievement. Based on updated estimates and projections, the contingent consideration liabilities are adjusted at each reporting date to their estimated fair value. Changes in fair value subsequent to the acquisition date are reported in selling, general, and administrative expense in our consolidated income statements and statements of comprehensive income and may have a material impact on our operating results. Variations in the fair value of contingent consideration liabilities may result from changes in discount periods or rates, changes in the timing and amount of earnings estimates, and changes in probability assumptions with respect to the likelihood of achieving various payment criteria. 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 dates. 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 loss in shareholders’ equity. Foreign currency transaction losses totaled $ 0.1 million, $ 0.1 million, and $ 0.5 million for the fiscal years ended August 31, 2024, 2023, and 2022, respectively, and are included as a component of selling, general, and administrative expenses in our consolidated income statements and statements of comprehensive income. Revenue Recognition We account for revenue in accordance with Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers (Topic 606) . For further information on our revenue, refer to Note 2, Revenue . Revenue is recognized as the net amount to be received after deducting estimated amounts for discounts and product returns. Shipping and Handling Fees and Costs All shipping and handling fees billed to customers are recorded as a component of revenue. All costs incurred related to the shipping and handling of products are recorded in cost of revenue. Advertising C osts Costs for advertising are expensed as incurred. Advertising costs included in selling, general, and administrative expenses totaled $ 5.2 million, $ 4.5 million, and $ 4.8 millio n for the fiscal years ended August 31, 2024, 2023, and 2022, respectively. Restructuring Costs During fiscal 2024, we restructured certain areas of our operations to sharpen the focus of our efforts and resources on plans and initiatives to drive additional growth in the future. As a result of this restructuring plan, we reduced our workforce by more than 50 associates and incurred severance and legal expenses totaling $ 3.0 million. Approximately $ 2.5 million of the restructuring expense was attributable to the Direct Office segment, $ 0.4 million was attributable to the Education segment, and $ 0.1 million was attributable to corporate functions. We intend to invest the resources attributable to this restructuring in initiatives to drive future growth in both divisions. The remaining restructuring liability at August 31, 2024 totaled $ 0.4 million and is included in accrued liabilities in our consolidated balance sheet. The remaining accrued restructuring costs are expected to be paid in the first half of fiscal 2025. Stock- Based Compensation We record the compensation expense for all stock-based payments, including grants of stock options and the compensatory elements of our employee stock purchase plan, in our consolidated income statements and statements of comprehensive income based upon their fair values over the requisite service period. For more information on our stock-based compensation plans, refer to Note 12. 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 benefit or expense in our consolidated income statements and statements of comprehensive income. 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 % 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 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 In November 2023, the Financial Accounting Standards Board (FASB) issued ASU No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures . This ASU is intended to improve reportable segment disclosure primarily by requiring entities to provide more disaggregated expense information about their reportable segments. The new guidance also improves interim disclosure requirements, clarifies circumstances in which an entity can disclose multiple segment measures of profit or loss, provides new segment disclosure requirements for entities with a single reportable segment, and contains other disclosure requirements. ASU 2023-07 is effective for public entities in fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. We are currently assessing the anticipated impact of this standard on our consolidated financial statements. On December 14, 2023, the FASB issued ASU 2023-09, Improvements to Income Tax Disclosures . ASU 2023-09 provides guidance to enhance transparency about income tax information through improvements to income tax disclosures primarily related to the effective income tax rate reconciliation and income taxes paid. This new guidance also includes certain other amendments to improve the effectiveness of income tax disclosures. For public companies, the guidance in ASU 2023-09 is effective for annual periods beginning after December 15, 2024. We are currently assessing the anticipated impact of this standard on our consolidated financial statements.

Revenue

Revenue	12 Months Ended
Revenue	Aug. 31, 2024
Revenue [Abstract]
Revenue	2. REVENUE We earn revenue from contracts with customers primarily through the delivery of our All Access Pass (AAP) and the Leader in Me membership subscription offerings, through the delivery of training days and training course materials (whether digitally or in person), and through the licensing of rights to sell our content into geographic locations where the Company does not maintain a direct office. We also earn revenues from leasing arrangements that are not accounted for under Topic 606. Returns and refunds are generally immaterial, and we do not have any significant warranty obligations. We recognize revenue upon the transfer of control of promised products and services to customers in an amount equal to the consideration we expect to receive in exchange for those products or services. Although rare, if the consideration promised in a contract includes variable amounts, we evaluate the estimate of variable consideration to determine whether the estimate needs to be constrained. We include the variable consideration in the transaction price only to the extent that it is probable a significant reversal of the amount of cumulative revenue recognized will not occur. The Company determines the amount of revenue to be recognized through application of the following steps:  Identification of the contract with a customer  Identification of the performance obligations in the contract  Determination of the transaction price  Allocation of the transaction price to the performance obligations in the contract  Recognition of revenue when the Company satisfies the performance obligations Taxes assessed by a government authority that are collected from a customer are excluded from revenue. Subscription Revenues Subscription revenues primarily relate to the Company’s AAP and the Leader in Me membership offerings. We have determined that it is most appropriate to account for the AAP as a single performance obligation and recognize the associated transaction price ratably over the term of the underlying contract beginning on the commencement date of each contract, which is the date the Company’s platforms and resources are made available to the customer. This determination was reached after considering that our web-based functionality and content, in combination with our intellectual property, each represent inputs that transform into a combined output that represents the intended outcome of the AAP, which is to provide a continuously accessible, customized, and dynamic learning and development solution only accessible through the AAP platform. We typically invoice our customers annually upon execution of the contract or subsequent renewals. Amounts that have been invoiced are recorded in accounts receivable and in unearned subscription revenue until the transfer of control has occurred and the amount is recognized in revenue. Our Leader in Me membership offering is bifurcated into a portal membership obligation and a coaching delivery obligation. We have determined that it is appropriate to recognize revenue related to the portal membership over the term of the underlying contract and to recognize revenue from coaching as those services are performed. The combined contract amount is recorded in deferred subscription revenue until the performance obligations are satisfied. Any additional coaching or training days which are contracted independent of a Leader in Me membership are recorded as revenue in accordance with our general policy for services and products as described below. Services and Products We deliver Company-led training days from our offerings, such as The 7 Habits of Highly Effective People , at a customer’s location or live-online based upon a daily consultant rate and a set price for training materials. These revenues are recognized as the training days occur and the services are performed. Customers also have the option to purchase training materials and present our offerings through internal facilitators and not through the use of a Franklin Covey consultant. Revenue is recognized from these product sales when the materials are shipped. Shipping revenues associated with product sales are recorded in revenue with the corresponding shipping cost being recorded as a component of cost of revenue. Royalties 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 offerings, adapt the content to the local culture, and sell our content in a specific country or region. We recognize revenue on the upfront fees from the sale of a territory to a licensee over the term of the initial contract. Licensees are then required to pay us royalties based upon a percentage of their sales to clients. We recognize royalty income each reporting period based upon sales information reported to us from the licensees. Refer to the disaggregated revenue information presented in Note 16, Segment Information , for our royalty revenues in the fiscal years presented in this report. Contracts with Multiple Performance Obligations We periodically enter into contracts that include multiple performance obligations. A performance obligation is a promise in a contract to transfer products or services that are distinct, or that are distinct within the context of the contract. A contract’s transaction price is allocated to each distinct performance obligation and recognized as revenue when the performance obligation is satisfied. Determining whether products and services meet the distinct criteria that should be accounted for separately or combined as one unit of accounting requires significant judgment. When determining whether goods and services meet the distinct criteria, we consider various factors for each agreement including the availability of the services and the nature of the offerings and services. We allocate the transaction price to each performance obligation on a relative standalone selling price (SSP) basis. Judgment is required to determine the SSP for each distinct performance obligation. The SSP is the price which the Company would sell a promised product or service separately to a customer. In determining the SSP, we consider the size and volume of transactions, price lists, historical sales, and contract prices. We may modify our pricing from time-to-time in the future, which could result in changes to the SSP. Contract Balances As described above, our subscription revenue is recognized ratably over the term of the underlying contract beginning on the commencement date of each agreement. The timing of when these contracts are invoiced, cash is collected, and revenue is recognized impacts our accounts receivable and deferred subscription revenue accounts. We generally bill our clients in advance for subscription offerings or within the month that the training and products are delivered. As such, consideration due to the Company for work performed is included in accounts receivable and we do not have a significant amount of contract assets. Our receivables are generally collected within 30 to 150 days but typically no longer than 12 months. Deferred subscription revenue primarily consists of billings or payments received in advance of revenue being recognized from our subscription offerings. Furthermore, our clients, to expend funds in a particular budget cycle, may prepay for services or products which are recorded as customer deposits until the amount is applied to a subscription contract. Our deferred subscription revenue totaled $ 107.9 million at August 31, 2024 and $ 99.0 million at August 31, 2023, of which $ 6.7 million and $ 3.7 million were classified as components of other long-term liabilities at August 31, 2024 and August 31, 2023, respectively. During the fiscal years ended August 31, 2024 and 2023, we recognized $ 147.9 million and $ 139.0 million of previously deferred subscription revenue. Remaining Performance Obligations When possible, we enter into multi-year non-cancellable contracts which are invoiced either upon execution of the contract or at the beginning of each annual contract period. Our remaining performance obligation represents contracted revenue that has not yet been recognized, including unearned subscription revenue and unbilled amounts that will be recognized as revenue in future periods. Transaction price is influenced by factors such as seasonality, the average length of the contract term, and the ability of the Company to continue to enter multi-year non-cancellable contracts. At August 31, 2024 we had $ 183.1 million of remaining performance obligations, including $ 107.9 million of deferred revenue related to our subscription offerings. The remaining performance obligation does not include customer deposits as those amounts are generally refundable at the client’s request prior to the satisfaction of the obligation. Costs Capitalized to Obtain Contracts We capitalize the incremental costs of obtaining non-cancellable subscription revenue, primarily from the All Access Pass and the Leader in Me membership offerings. These incremental costs consist of sales commissions paid to our sales force and include the associated payroll taxes and fringe benefits. As the same commission rates are paid annually when the customer renews their contract, the capitalized commission costs are generally amortized ratably on an annual basis consistent with the recognition of the corresponding subscription revenue. At August 31, 2024, we have $ 16.4 million of capitalized direct commissions, of which $ 14.8 million is included in other current assets and $ 1.6 million is in other long-term assets based on the expected recognition of the commission expense. During the fiscal year ended August 31, 2024, we capitalized $ 20.9 million of commission costs to obtain revenue contracts and amortized $ 19.8 million of deferred commissions to selling, general, and administrative expense. At August 31, 2023, we had $ 15.3 million of capitalized direct commissions, of which $ 14.4 million was included in other current assets and $ 0.9 million in other long-term assets. Refer to Note 16, Segment Information , to these consolidated financial statements for our disaggregated revenue information.

Accounts Receivable

Accounts Receivable	12 Months Ended
Accounts Receivable	Aug. 31, 2024
Accounts Receivable [Abstract]
Accounts Receivable	3. ACCOUNTS RECEIVABLE Our trade accounts receivable are recorded at cost less an allowance for estimated credit losses, which is the net amount we expect to collect . We make ongoing estimates relating to the collectability of our accounts receivable and maintain an allowance for credit losses resulting from the inability or unwillingness of our customers to make required payments. We estimate the allowance based upon consideration of numerous factors, including historical bad debts, the age of customer receivable balances, industry trends, macroeconomic factors in the markets which we operate, and judgments about the creditworthiness of our customers based on ongoing credit evaluations. The allowance is adjusted as necessary to reflect differences in current conditions as well as changes in forecasted macroeconomic conditions. Receivables that do not share the same risk characteristics as other trade receivables are evaluated on an individual basis, including those associated with customers that have a higher probability of default. We do not have a significant amount of notes or other receivables. The following schedule provides a reconciliation of the activity in our allowance for estimated credit losses during the periods indicated (in thousands): YEAR ENDED AUGUST 31, 2024 2023 2022 Beginning balance $ 3,790 $ 4,492 $ 4,643 Charged to costs and expenses ( 64 ) ( 66 ) 306 Deductions ( 711 ) ( 636 ) ( 457 ) Ending balance $ 3,015 $ 3,790 $ 4,492 The deductions on the foregoing table represent the write-off of amounts deemed uncollectible during the fiscal year presented. During each of fiscal 2024 and 2023, we received payment from customers whose accounts we had previously reserved against because of potential pandemic-related uncertainties. Accordingly, we reversed a portion of the allowance during each of these fiscal years to reflect the payments. At August 31, 2024, we had no remaining reserve for pandemic-related credit losses. Recoveries of amounts previously written off were insignificant for the periods presented. No customer accounted for more than 10% of o ur sales or accounts receivable in any year presented.

Intangible Assets And Goodwill

Intangible Assets And Goodwill	12 Months Ended
Intangible Assets And Goodwill	Aug. 31, 2024
Intangible Assets And Goodwill [Abstract]
Intangible Assets And Goodwill	4. INTANGIBLE ASSETS AND GOODWILL Intangible Assets Our intangible assets were comprised of the following (in thousands): Gross Carrying Accumulated Net Carrying AUGUST 31, 2024 Amount Amortization Amount Finite-lived intangible assets: Acquired content $ 49,806 $ ( 45,501 ) $ 4,305 License rights 33,258 ( 26,889 ) 6,369 Customer lists 15,982 ( 15,589 ) 393 Acquired technology 7,282 ( 3,920 ) 3,362 Trade names 1,883 ( 1,586 ) 297 Non-compete agreements and other 930 ( 890 ) 40 109,141 ( 94,375 ) 14,766 Indefinite-lived intangible asset: Covey trade name 23,000 - 23,000 $ 132,141 $ ( 94,375 ) $ 37,766 AUGUST 31, 2023 Finite-lived intangible assets: Acquired content $ 49,802 $ ( 43,910 ) $ 5,892 License rights 31,758 ( 25,461 ) 6,297 Customer lists 15,982 ( 15,272 ) 710 Acquired technology 7,282 ( 3,200 ) 4,082 Trade names 1,883 ( 1,408 ) 475 Non-compete agreements and other 930 ( 875 ) 55 107,637 ( 90,126 ) 17,511 Indefinite-lived intangible asset: Covey trade name 23,000 - 23,000 $ 130,637 $ ( 90,126 ) $ 40,511 During fiscal 2024, we purchased the content rights for The Teacher Believed in Me (TBIM) for $ 1.5 million in cash. We believe the content in TBIM is compelling and fits well within our Leader in Me offering. While the author retains the copyright to TBIM, the agreement grants us broad rights for the development and use of TBIM content. The content license does not have an expiration date and the purchase price is payable in two installments of $ 0.8 million. We are amortizing the content license over a 10 -year useful life, which is similar to other licenses, and the final payment is due in January 2025. 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 finite-lived intangible assets at August 31, 2024 were as follows: Category of Intangible Asset Range of Remaining Estimated Useful Lives Weighted Average Original Amortization Period Acquired content 2 to 3 years 26 years License rights 3 to 10 years 26 years Customer lists 3 years 12 years Acquired technology 5 years 7 years Trade names 2 years 5 years Non-compete agreements and other 3 to 5 years 3 years Our aggregate amortization expense from finite-lived intangible assets totaled $ 4.2 million, $ 4.3 million, and $ 5.3 million for the fiscal years ended August 31, 2024, 2023, and 2022. Amortization expense from our intangible assets over the next five years is expected to be as follows (in thousands) : YEAR ENDING AUGUST 31, 2025 $ 4,229 2026 4,144 2027 3,296 2028 1,319 2029 1,076 Goodwill We performed our annual testing of goodwill in accordance with the accounting policies described in Note 1, Nature of Operations and Summary of Significant Accounting Policies . We completed a quantitative assessment of our goodwill as of August 31, 2024 and concluded there were no impairments. We do no t have any accumulated impairment charges against the carrying value of our goodwill. At each of August 31, 2024 and 2023, goodwill was allocated to our segments as shown below (in thousands): Direct offices $ 22,962 International licensees 5,928 Education practice 2,330 $ 31,220

Secured Credit Agreement

Secured Credit Agreement	12 Months Ended
Secured Credit Agreement	Aug. 31, 2024
Secured Credit Agreement [Abstract]
Secured Credit Agreement	5. SECURED CREDIT AGREEMENT On March 27, 2023, we entered into a new credit agreement (the 2023 Credit Agreement) with KeyBank National Association (KeyBank) leading a group of financial institutions (collectively, the Lenders), which replaced our previous credit agreement with JPMorgan Chase Bank, N.A. (the 2019 Credit Agreement). KeyBank acts as the sole administrative and collateral agent under the 2023 Credit Agreement. The 2023 Credit Agreement provides up to $ 70.0 million in total credit, of which $ 7.5 million was used to replace the outstanding term loan balance from the 2019 Credit Agreement, which was fully repaid in June 2024. The remaining $ 62.5 million is available as a revolving line of credit or for future term loans. The 2023 Credit Agreement matures on March 27, 2028 , and interest on term loan borrowings under the 2023 Credit Agreement was due and payable on the principal payment dates. Interest on all other borrowings is due the last day of each month. The interest rate for all borrowings on the 2023 Credit Agreement is based on the Secured Overnight Financing Rate (SOFR) and is a tiered structure that varies according to the Leverage Ratio calculated at the end of each fiscal quarter. On August 31 , 2024, we did no t have any outstanding term loan or line of credit debt, and the interest rate on the 2023 Credit Agreement was 6.9 % at each of August 31, 2024 and 2023. We are also charged an unused credit commitment fee of 0.2 % per annum, which is paid quarterly. The Leverage Ratio as defined by the 2023 Credit Agreement is funded debt to adjusted earnings before interest, taxes, depreciation, and amortization (Adjusted EBITDA) and determines the applicable interest rate as shown below: Leverage Ratio Interest Rate Less than 1.00 SOFR plus 1.50 % Between 1.00 and 2.00 SOFR plus 1.75 % Between 2.01 and 2.50 SOFR plus 2.25 % Greater than 2.51 SOFR plus 2.75 % The 2023 Credit Agreement also contains representations, warranties, and certain covenants. When any amounts are outstanding under the 2023 Credit Agreement, we are subject to a number of affirmative and negative covenants, including covenants regarding dispositions of property, investments, forming or acquiring subsidiaries, and business combinations or acquisitions, among other customary covenants, subject to certain exceptions. As defined in the 2023 Credit Agreement, we are (i) required to maintain a Leverage Ratio of less than 3.00 to 1.00 and a Fixed Charge Coverage Ratio greater than 1.15 to 1.00; and (ii) we are restricted from making certain distributions to stockholders, including repurchases of common stock. However, we are permitted to make distributions, including through purchases of outstanding common stock, provided that we are in compliance with the Leverage Ratio and Fixed Charge Coverage Ratio financial covenants before and after such distribution. In the event of noncompliance with these financial covenants and other defined events of default, the Lender is entitled to certain remedies, including acceleration of the repayment of amounts outstanding under the 2023 Credit Agreement. At August 31, 2024, we believe that we were in compliance with the covenants and conditions of the 2023 Credit Agreement. The 2023 Credit Agreement is secured by substantially all of our assets and certain of our subsidiaries, and provides for standard events of default, such as for non-payment and failure to perform or observe covenants, and contains standard indemnifications benefitting the Lenders. In connection with the 2023 Credit Agreement, the Company and certain of its subsidiaries, as applicable, also entered into a Security Agreement, Intellectual Property Security Agreement, and Guaranty of Payment.

Notes Payable

Notes Payable	12 Months Ended
Notes Payable	Aug. 31, 2024
Notes Payable [Abstract]
Notes Payable	6. NOTES PAYABLE At August 31, 2024, our notes payable consisted of a note payable to the former owners of Strive Talent, Inc., which was acquired in fiscal 2021. The note payable to the former owners of Strive is recorded at net present value and accrues interest at 3.6 % until the obligation is paid in full. The previously outstanding term loan payable to the bank under the 2023 Credit Agreement was repaid in full, as scheduled, in June 2024. The balances and classification of our notes payable were as follows at the dates indicated (in thousands): Current Portion of Notes Payable Notes Payable, Less Current Portion August 31, August 31, August 31, August 31, Description 2024 2023 2024 2023 Term loan payable $ - $ 5,000 $ - $ - Strive acquisition note payable 835 835 775 1,535 $ 835 $ 5,835 $ 775 $ 1,535 Principal payments of $ 1.25 million on our term loan payable under the 2023 Credit Agreement were due and payable on the last day of each March, June, September, and December until the term loan liability was fully repaid in 2024. Under the terms of the Strive acquisition, we pay the former principal owner of Strive $ 0.8 million each April for the first five years following the acquisition. The difference between the Strive Inc. note principal payments shown below and the amounts on our consolidated balance sheets above is interest that accrues over the life of the note. Remaining principal payments on our notes payable are as follows (in thousands): YEAR ENDING Term Loan Strive Note AUGUST 31, Payable Payable Total 2025 $ - $ 835 $ 835 2026 - 835 835 $ - $ 1,670 $ 1,670

Financing Obligation

Financing Obligation	12 Months Ended
Financing Obligation	Aug. 31, 2024
Financing Obligation [Abstract]
Financing Obligation	7. FINANCING OBLIGATION We previously sold our corporate headquarters campus located in Salt Lake City, Utah, and entered into a 20 -year master lease agreement with the purchaser, an unrelated private investment group. The 20 -year master lease agreement expires in June 2025 and contains six additional five -year renewal options that allow us to maintain our operations at the current location for up to 50 years at our sole discretion. Although the corporate headquarters facility was sold and we have no legal ownership of the property, the applicable accounting guidance prohibited us from recording the transaction as a sale since we subleased a significant portion of the property that was sold. In transition to the lease accounting guidance in ASC 842, we reassessed whether the contract met the sale criteria under the new leasing standard. Based on this assessment, we determined that the sale criteria under the new leasing standard was not met and we have continued to account for the corporate campus lease as a financing obligation on our consolidated balance sheet. The financing obligation on our corporate campus was comprised of the following (in thousands): AUGUST 31, 2024 2023 Financing obligation payable in monthly installments of $ 341 at August 31, 2024, including principal and interest, with 2 % annual increases (imputed interest at 7.7 %), through June 2025 $ 4,424 $ 7,962 Less current portion ( 3,112 ) ( 3,538 ) Total financing obligation, less current portion $ 1,312 $ 4,424 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, 2025 $ 3,301 Thereafter - Total future minimum financing obligation payments 3,301 Less interest ( 189 ) Present value of future minimum financing obligation payments $ 3,112 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 offset and eliminated from our consolidated financial statements. Due to the nature of the $ 1.3 million difference, we have classified the amount as long-term in our consolidated balance sheets.

Leases

Leases	12 Months Ended
Leases	Aug. 31, 2024
Leases [Abstract]
Leases	8. LEASES Lessee Obligations In the normal course of business, we lease office space, primarily for international 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, and certain office equipment. These leases are classified as operating leases. Operating lease assets and liabilities are recognized at the commencement date based on the present value of the lease payments over the lease term. Since most of our leases do not provide an implicit rate, we use our incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. Leases with an initial term of 12 months or less are not recorded on the balance sheet and we do not have significant amounts of variable lease payments. Some of our operating leases contain renewal options that may be exercised at our discretion after the completion of the base rental term. At August 31, 2024, we had operating leases with remaining terms ranging from less than one year to approximately four years . The amounts of assets and liabilities (in thousands) and other information related to our operating leases follows: Balance Sheet Caption Amount Assets: Operating lease right of use assets Other long-term assets $ 1,140 Liabilities: Current: Operating lease liabilities Accrued liabilities 509 Long-Term: Operating lease liabilities Other long-term liabilities 631 $ 1,140 Weighted Average Remaining Lease Term: Operating leases (years) 2.4 Weighted Average Discount Rate: Operating leases 6.7 % In fiscal 2024, we obtained $ 1.1 million of right-of-use operating lease assets in exchange for operating lease liabilities. Future minimum lease payments under our operating leases at August 31, 2024, are as follows (in thousands): YEAR ENDING AUGUST 31, 2025 $ 568 2026 409 2027 255 2028 7 2029 - Thereafter - Total operating lease payments 1,239 Less imputed interest ( 99 ) Present value of operating lease liabilities $ 1,140 We recognize lease expense on a straight-line basis over the life of the lease agreement. Total rent expense recorded in selling, general, and administrative expense from our lease agreements totaled $ 1.1 million, $ 1.2 million, and $ 1.5 million for the fiscal years ended August 31, 2024, 2023, and 2022. Lessor Accounting We have subleased the majority of our corporate headquarters campus located in Salt Lake City, Utah to multiple tenants. These sublease agreements are accounted for as operating leases. We recognize sublease income on a straight-line basis over the life of the sublease agreement. The cost basis of our corporate campus is $ 36.6 million , which had a carrying value of $ 2.0 million at August 31, 2024. Sublease revenue through the end of our master lease agreement in June 2025 is expected to total $ 1.5 million. Sublease revenue totaled $ 1.9 million, $ 2.4 million, and $ 3.9 million during the fiscal years ended August 31, 2024, 2023, and 2022.

Commitments And Contingencies

Commitments And Contingencies	12 Months Ended
Commitments And Contingencies	Aug. 31, 2024
Commitments And Contingencies [Abstract]
Commitments And Contingencies	9. COMMITMENTS AND CONTINGENCIES Warehouse Outsourcing Contract We have a warehousing services agreement with an independent warehouse and distribution company to provide product kitting, warehousing, and order fulfillment services at a facility in Des Moines, Iowa. Under the terms of this contract, we pay a fixed charge of approximately $ 106,000 per year for account management services and variable charges for other warehousing services based on specified activities, including shipping charges. The current warehousing contract expires on July 1, 2025 . During fiscal years ended August 31, 2024, 2023, and 2022, we expensed $ 2.2 million, $ 2.7 million, and $ 2.5 million for services provided under the terms of our warehouse and distribution outsourcing contract. The total amount expensed each year includes freight charges, which are billed to us based upon activity. Freight charges included in the warehouse and distribution outsourcing costs totaled $ 1.5 million, $ 1.9 million, and $ 1.7 million during the fiscal years ended August 31, 2024, 2023, and 2022, respectively. Because of the variable component of the agreement, our payments for warehouse and distribution services may fluctuate in the future due to changes in sales and levels of specified activities. Purchase Commitments During the normal course of business, we issue purchase orders to various vendors for products and services. At August 31, 2024, we had open purchase commitments totaling $ 4.2 million for products and services to be delivered primarily in fiscal 2025. Letter of Credit At August 31, 2024 and 2023, we had a standby letter of credit for $ 10,000 . No thing was drawn on this letter of credit at either August 31, 2024 or August 31, 2023. Legal Matters and Loss Contingencies We are the subject of certain legal actions, which we consider routine to our business activities. At August 31, 2024, 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

Shareholders' Equity	12 Months Ended
Shareholders' Equity	Aug. 31, 2024
Purchases Of Common Stock For Treasury [Abstract]
Shareholders' Equity	10. SHAREHOLDERS’ EQUITY Preferred S tock We have 14.0 million shares of preferred stock authorized for issuance. At August 31, 2024 and 2023, no shares of preferred stock were issued or outstanding. Purchases of Treasury Stock On April 18, 2024, our Board of Directors approved a new plan to purchase up to $ 50.0 million of our outstanding common stock. The previously existing common stock purchase plan was canceled, and the new common share purchase plan does not have an expiration date. During fiscal 2024, we purchased 524,548 shares of our common stock on the open market for $ 20.4 million, including 127,252 shares for $ 4.9 million under the terms of the new purchase plan approved in fiscal 2024. The actual timing, number, and value of common shares purchased under our board-approved 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. We have no obligation to purchase any common shares under the authorization, and the purchase plan may be suspended, discontinued, or modified at any time for any reason. Purchases of common stock for treasury as presented on our consolidated statements of cash flows includes both shares purchased on the open market and shares withheld for statutory taxes on our stock-based compensation awards (Note 12) and include the applicable 1 % excise tax. Shares withheld for income taxes are valued at the market price on the date the stock-based plan shares were distributed to participants. The composition of shares purchased by us were as follows for the periods presented (cost in thousands): Fiscal 2024 Fiscal 2023 Fiscal 2022 Shares Cost Shares Cost Shares Cost Open market purchases 524,548 $ 20,416 867,873 $ 34,720 499,411 $ 20,315 Shares withheld on awards 251,686 10,333 17,639 835 86,125 3,535 776,234 $ 30,749 885,512 $ 35,555 585,536 $ 23,850

Fair Value Of Financial Instrum

Fair Value Of Financial Instruments	12 Months Ended
Fair Value Of Financial Instruments	Aug. 31, 2024
Fair Value Of Financial Instruments [Abstract]
Fair Value Of Financial Instruments	11. 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 we 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: a. quoted prices for similar, but not identical, instruments in active markets; b. quoted prices for identical or similar instruments in markets that are not active; c. inputs other than quoted prices that are observable for the instrument; or d. 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 values of our financial instruments at August 31, 2024 and 2023 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, 2024 or 2023, 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, 2024, our debt obligations consisted primarily of a note payable to the former owners of Strive. Our revolving line of credit is a negotiated component of our 2023 Credit Agreement (Note 5 ), which was completed in March 2023 and replaced the 2019 Credit Agreement. Since the interest rate for any obligation on our 2023 Credit Agreement is variable, the applicable interest rates and other conditions related to the term loan and revolving line of credit are reflective of current market conditions, and the carrying value of term loan and revolving line of credit (when applicable) obligations therefore approximate their fair value. Contingent Consideration Liabilities from Business Acquisitions The acquisition price of Jhana Education (Jhana), which was completed in fiscal 2017, included potential contingent consideration of up to $ 7.2 million through a specified measurement period, which lasted through July 2026. However, the contingent consideration metrics were met prior to the end of the measurement period, and we made the final contingent payments in fiscal 2023, which totaled $ 0.7 million. We measured the fair value of this contingent consideration liability at each reporting date based on a Monte Carlo simulation model. The fair value of the Jhana contingent consideration was a Level 3 measurement because we estimated consolidated Company and AAP sales over the measurement period. Changes to the fair value of the contingent consideration liabilities were recorded in selling, general, and administrative expenses in the accompanying consolidated income statements and statements of comprehensive income in the period of adjustment.

Stock-Based Compensation Plans

Stock-Based Compensation Plans	12 Months Ended
Stock-Based Compensation Plans	Aug. 31, 2024
Stock-Based Compensation Plans [Abstract]
Stock-Based Compensation Plans	12. STOCK-BASED COMPENSATION PLANS Overview We utilize various stock-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 stock awards, stock options, fully vested stock awards, and employee stock purchase plan (ESPP) shares. The Organization and Compensation Committee of the Board of Directors (the Compensation Committee) has responsibility for the approval and oversight of our stock-based compensation plans. On January 14, 2022, our shareholders approved the Franklin Covey Co. 2022 Omnibus Incentive Plan (the 2022 Plan), which authorized an additional 1,000,000 shares of common stock for issuance as stock-based payments. A more detailed description of the 2022 Plan is set forth in our Definitive Proxy Statement filed with the SEC on December 15, 2021. At August 31, 2024, the 2022 Plan had approximately 307,000 shares available for future grants. Our ESPP is administered under the terms of the Franklin Covey Co. 2017 Employee Stock Purchase Plan, which was approved by our shareholders at the annual meeting of shareholders held on January 26, 2018. For additional information regarding the Franklin Covey Co. 2017 Employee Stock Purchase Plan, please refer to our definitive Proxy Statement as filed with the SEC on December 22, 2017. At August 31, 2024, we had approximately 689,000 shares avai lable for purchase by plan participants under the terms of the current shareholder approved ESPP. The total compensation expense of our various stock-based compensation plans was as follows (in thousands): YEAR ENDED AUGUST 31, 2024 2023 2022 Performance awards $ 8,275 $ 10,767 $ 6,133 Strive acquisition compensation 660 739 1,196 Unvested stock awards 880 700 673 Compensation cost of the ESPP 252 269 239 Fully vested stock awards 75 45 45 $ 10,142 $ 12,520 $ 8,286 No stock-based compensation was capitalized during the fiscal years presented in this report. We recognize forfeitures of stock-based compensation instruments as they occur. During fiscal 2024, we issued 666,440 shares of our common stock from shares held in treasury for various stock-based compensation arrangements, including our ESPP. Our stock-based compensation plans allow shares to be withheld from the award to pay the participants’ statutory income tax liabilities. During fiscal 2024, we withheld 251,686 shares of our common stock, with a fair value of $ 10.3 million, for statutory income taxes on stock-based compensation awards. The following is a description of our stock-based compensation plans. Performance Awards The Compensation Committee has awarded various performance-based stock compensation awards to our associates as long-term incentive awards. Some awards are based on the achievement of future goals and some awards are based upon the achievement of previously defined metrics, such as the achievement of specified levels of sales or days delivered. Compensation expense is recognized as we determine it is probable that the shares will vest and adjustments to compensation expense to reflect the number of shares expected to be awarded are made on a cumulative basis at the date of the adjustment. We reevaluate the likelihood and/or the number of shares expected to vest under performance awards at each reporting date. If all of our long-term performance awards outstanding at August 31, 2024 were to vest at the maximum number of shares that may be earned by participants, we have $ 13.1 million of unrecognized compensation expense related to our performance awards, which would be recognized over a weighted average period of 1.6 years. Due to the significant impact of the COVID-19 pandemic on our results of operations in the third quarter of fiscal 2020, we determined that nearly all management long-term incentive plan (LTIP) award tranches based on qualified Adjusted EBITDA for outstanding LTIP awards would not vest before the end of the respective service periods. We therefore reversed the previously recognized stock-based compensation expense associated with these LTIP award tranches during fiscal 2020. On October 2, 2020, the Compensation Committee modified the terms of the fiscal 2020 LTIP to extend the service period of each performance-based tranche by two years and increase each qualified Adjusted EBITDA vesting target by $ 2.0 million. The time-based portion of the award was not modified. This modification impacted approximately 20 associates who were part of the 2020 LTIP, which vested on August 31, 2024. During the periods presented in this report, we reassessed the 2020 LTIP award (and other previously vested modified awards) using the modified terms and expensed the award based on the new vesting requirements and expected financial results over the revised service period. LTIP Awards – The Compensation Committee has awarded annual performance-based stock compensation awards to members of our senior management as long-term incentive awards. All LTIP awards granted after fiscal 2020 have two tranches, which consist of: 1) shares that vest after three years of service, and 2) shares that vest based on the highest amount of rolling four quarter qualified Adjusted EBITDA earned in a three-year measurement period. The fiscal 2020 LTIP also includes a tranche that is based on the highest level of subscription sales achieved during the three-year measurement period, which was modified as described above. Twenty-five percent of a participant’s award vests after three years of service, and the number of shares awarded in this tranche does not fluctuate based on financial measures. The number of shares that vest to participants based on qualified Adjusted EBITDA achieved in the measurement period is variable and may be 50 % of the award (minimum), 100 % of the award (target), or up to 200 % (maximum) of the participant’s award depending on the amount of qualified Adjusted EBITDA achieved. The following information is for our LTIP awards outstanding that included fiscal 2024 in the measurement period, which have been adjusted for forfeitures. Time- Qualified Adjusted EBITDA Shares End of Award Grant Vested Subscription Service Name Date Shares Minimum Target Maximum Sales Period 2024 LTIP October 6, 2023 26,749 40,114 80,217 160,434 - August 31, 2026 2023 LTIP October 14, 2022 25,767 38,646 77,275 154,550 - August 31, 2025 2022 LTIP February 4, 2022 23,764 35,638 71,275 142,550 - August 31, 2024 2020 LTIP October 18, 2019 23,701 24,705 49,410 98,820 42,347 August 31, 2024 We achieved the maximum payout parameters for the fiscal 2022 and fiscal 2020 LTIP awards and distributed the number of shares shown in the maximum column and subscription sales column during the first quarter of fiscal 2025. Long-Term Incentive and Retention Equity Awards - On October 14, 2022, the Compensation Committee approved a new long-term incentive award for client partners, managing client partners, managing directors, and certain other associates that management believes are critical to our long-term success. For sales-related personnel, their award amounts are based upon meeting minimum sales levels and determining the value of the award based on their total sales performance for the fiscal year. For the other associates, their award amount was approved by the Compensation Committee. One-third of these award shares vest each year over a three-year service period and the number of shares earned does not fluctuate based on future financial metrics. In fiscal 2024 we granted 48,740 shares under the terms of this award to eligible associates and granted 40,009 shares in fiscal 2023. These awards are expected to be granted annually by the Compensation Committee to retain these key associates. Strive Acquisition Compensation – We structured two parts of the consideration for the fiscal 2021 acquisition of Strive Talent, Inc. as potentially payable in shares of our common stock. Each of the following amounts may be payable in shares of our common stock or cash at our sole discretion:  Contingent Consideration – A maximum of $ 4.2 million may be earned by the former principal owner of Strive over a five-year period ending in May 2026. The total value of this consideration is contingent upon sales and growth of the All Access Pass subscription and subscription services revenues during the five-year measurement period. We measure the contingent consideration each quarter and divide the total by the average of the closing share price of our common stock on the NYSE over the last 15 trading days of the quarter. Shares are required to be distributed within 45 days following the end of each quarter. Through August 31, 2024, we have recognized $ 2.2 million of stock-based compensation expense for the Strive contingent consideration payments.  Bonus Payments – Approximately $ 1.0 million was payable 18 months following the Closing Date to stockholders and option holders of Strive who were still employed by the Company as of the 18 -month date, subject to certain exceptions. We expensed these awards evenly over the 18 -month service period and recognized $ 0.8 million of share-based compensation expense for these awards, which were distributed in October 2022. We have reserved 200,000 shares of our common stock from our 2019 Omnibus Plan for payment of this consideration related to the acquisition of Strive. Unvested S tock Awards The annual Board of Director unvested stock award, which is administered under the terms of the Franklin Covey Co. Omnibus Incentive Plans, is designed to provide our non-employee directors, who are not eligible to participate in our ESPP, an opportunity to obtain an interest in the Company through the acquisition of shares of our common stock as part of their compensation. For fiscal 2024, each eligible director received a whole- share grant equal to $ 120,000 with a one-year vesting period. The Board of Director unvested awards are generally granted in January (following the Annual Shareholders’ Meeting) of each year, and shares granted under the terms of this annual award may not be voted or participate in any common stock dividends until they are vested. We issued 23,136 shares, 15,882 shares, and 13,260 shares of our common stock to eligible members of the Board of Directors during fiscal 2024, fiscal 2023, and fiscal 2022 as unvested stock awards. The fair value of shares awarded to the directors was $ 1.0 million in fiscal 2024, and $ 0.7 million in each of fiscal 2023 and fiscal 2022, as calculated on the grant date of the awards. The corresponding compensation cost of each award is recognized over the service period of the award, which is one year. The cost of the common stock issued from treasury for these awards was $ 0.4 million in fiscal 2024, $ 0.3 million in fiscal 2023, and $ 0.2 million in fiscal 2022. The following information applies to our unvested stock awards for the fiscal year ended August 31, 2024: Weighted- Average Grant- Date Fair Number of Value Per Shares Share Unvested stock awards at August 31, 2023 15,882 $ 45.34 Granted 23,136 41.50 Forfeited - - Vested ( 15,882 ) 45.34 Unvested stock awards at August 31, 2024 23,136 $ 41.50 At August 31, 2024, there was $ 0.3 million of unrecognized compensation cost left on our unvested stock awards, which is expected to be recognized over the remaining service period of approximately four months . The total recognized income tax benefit from unvested stock awards totaled $ 0.2 million for each of the fiscal years ended August 31, 2024, 2023, and 2022. The intrinsic value of our unvested stock awards at August 31, 2024 was $ 0.9 m illion. Employee Stock Purchase Plan We have an employee stock purchase plan that offers qualified employees the opportunity to purchase shares of our common stock at a price equal to 85 % of the average fair market value of our common stock on the last trading day of each quarter. ESPP participants purchased a total of 44,040 shares, 40,141 shares, and 36,960 shares of our common stock during the fiscal years ended August 31, 2024, 2023, and 2022, which had a corresponding cost basis of $ 0.8 million in fiscal 2024, $ 0.7 million in fiscal 2023, and $ 0.6 million in fiscal 2022. We received cash proceeds for these shares from ESPP participants totaling $ 1.5 million in each of fiscal 2024 and fiscal 2023; and $ 1.3 million during fiscal 2022. Fully Vested Stock Awards We have a stock-based incentive program that is designed to reward our client partners and training consultants for exceptional long-term performance. The program grants shares of our common stock to client partners who have achieved certain cumulative sales goals and to training consultants who have delivered a specified number of training days during their career. Five individuals qualified for these awards in fiscal 2024 and three individuals qualified for these awards in each of fiscal 2023 and fiscal 2022.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
Employee Benefit Plans	Aug. 31, 2024
Employee Benefit Plans [Abstract]
Employee Benefit Plans	13. EMPLOYEE BENEFIT 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 % 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 $ 2.9 million, $ 3.0 million, and $ 2.7 million during the fiscal years ended August 31, 2024, 2023, and 2022, respectively. We do not sponsor or participate in any defined-benefit pension plans.

Income Taxes

Income Taxes	12 Months Ended
Income Taxes	Aug. 31, 2024
Income Taxes [Abstract]
Income Taxes	14. INCOME TAXES Our provision for income taxes consisted of the following (in thousands): YEAR ENDED AUGUST 31, 2024 2023 2022 Current: Federal $ ( 4,040 ) $ - $ - State ( 1,675 ) ( 791 ) ( 1,221 ) Foreign ( 2,174 ) ( 2,389 ) ( 2,202 ) ( 7,889 ) ( 3,180 ) ( 3,423 ) Deferred: Federal 2,309 1,545 ( 9,339 ) State 730 225 ( 889 ) Foreign ( 395 ) 216 24 Operating loss carryforward ( 3,245 ) ( 7,201 ) 7,150 Valuation allowance ( 1,154 ) 372 2,845 Foreign tax credit carryforward reduction - ( 65 ) ( 2 ) ( 1,755 ) ( 4,908 ) ( 211 ) $ ( 9,644 ) $ ( 8,088 ) $ ( 3,634 ) The allocation of our total income tax provision is as follows (in thousands): YEAR ENDED AUGUST 31, 2024 2023 2022 Net income $ ( 9,644 ) $ ( 8,088 ) $ ( 3,634 ) Other comprehensive income ( 11 ) ( 80 ) 176 $ ( 9,655 ) $ ( 8,168 ) $ ( 3,458 ) Income before income taxes was generated as follows (in thousands): YEAR ENDED AUGUST 31, 2024 2023 2022 United States $ 32,456 $ 23,574 $ 21,152 Foreign 590 2,295 912 $ 33,046 $ 25,869 $ 22,064 The differences between income taxes at the statutory federal income tax rate and the consolidated income tax rate reported in our consolidated income statements and statements of comprehensive income were as follows: YEAR ENDED AUGUST 31, 2024 2023 2022 Federal statutory income tax rate ( 21.0 ) % ( 21.0 ) % ( 21.0 ) % State income taxes, net of federal effect ( 4.0 ) ( 4.7 ) ( 3.9 ) Valuation allowance ( 3.5 ) 1.4 12.9 Foreign tax credit carryforward reduction - ( 0.3 ) - Foreign jurisdictions tax differential 0.1 ( 0.2 ) ( 1.1 ) Tax differential on income subject to both U.S. and foreign taxes 1.5 ( 1.4 ) ( 0.2 ) Uncertain tax positions ( 0.3 ) ( 0.9 ) ( 0.8 ) Non-deductible executive compensation ( 9.7 ) ( 3.6 ) ( 5.5 ) Non-deductible meals and entertainment ( 0.8 ) ( 0.7 ) ( 0.1 ) Other stock-based compensation 7.7 ( 0.4 ) 2.5 Other 0.8 0.5 0.7 ( 29.2 ) % ( 31.3 ) % ( 16.5 ) % Our effective income tax expense rate for fiscal 2024 of 29.2 % was higher than the statutory tax rate primarily due to tax expense of $ 3.2 million for non-deductible executive compensation and a $ 1.2 million increase in the valuation allowance against our deferred income tax assets, which were partially offset by a $ 2.6 million benefit for share-based compensation deductions in excess of the corresponding book expense and a $ 0.5 million benefit in tax differential on income subject to both U.S. and foreign taxes. Our effective income tax expense rate for fiscal 2023 of 31.3 % was higher than the statutory tax rate primarily due to tax expense of $ 0.9 million for non-deductible executive compensation and $ 0.4 million in tax differential on income subject to both U.S. and foreign taxes, which were partially offset by a $ 0.4 million decrease in the valuation allowance against our deferred income tax assets. The effective income tax expense rate for fiscal 2022 of 16.5 % was lower than the statutory tax rate primarily due to a $ 2.8 million decrease in the valuation allowance against our deferred income tax assets and a $ 0.6 million benefit for share-based compensation deductions in excess of the corresponding book expense. These tax benefits were partially offset by tax expense of $ 1.2 million for non-deductible executive compensation. We are subject to the anti-deferral provisions on Global Intangible Low-Taxed Income (GILTI) under the Tax Cut and Jobs Act of 2017. We have elected to treat taxes due on future U.S. inclusions in taxable income related to GILTI as a current period expense when incurred (the Period Cost Method). We recorded no income tax expense in fiscal 2024, income tax expense of $ 0.2 million in fiscal 2023, and an insignificant amount of income tax expense in fiscal 2022 under the GILTI provisions. The significant components of our deferred tax assets and liabilities were as follows (in thousands): AUGUST 31, 2024 2023 Deferred income tax assets: Stock-based compensation $ 3,760 $ 4,222 Net operating loss carryforward 3,447 6,505 Foreign income tax credit carryforward - 4,253 Deferred revenue 2,970 1,677 Capitalized development costs 2,156 1,236 Bonus and other accruals 1,317 1,517 Sale and financing of corporate headquarters 1,041 1,899 Inventory and bad debt reserves 923 1,094 Self-constructed tangible assets 404 - Other 174 458 Total deferred income tax assets 16,192 22,861 Less: valuation allowance ( 2,467 ) ( 1,313 ) Net deferred income tax assets 13,725 21,548 Deferred income tax liabilities: Intangibles step-ups – indefinite lived ( 5,433 ) ( 5,522 ) Intangibles step-ups – finite lived ( 1,873 ) ( 2,541 ) Self-constructed tangible assets - ( 5,476 ) Intangible asset amortization ( 4,217 ) ( 4,189 ) Deferred commissions ( 3,827 ) ( 3,598 ) Unremitted earnings of foreign subsidiaries ( 505 ) ( 521 ) Property and equipment depreciation ( 132 ) ( 80 ) Total deferred income tax liabilities ( 15,987 ) ( 21,927 ) Net deferred income taxes $ ( 2,262 ) $ ( 379 ) Deferred income tax amounts are recorded as follows in our consolidated balance sheets (in thousands): AUGUST 31, 2024 2023 Long-term assets $ 870 $ 1,661 Long-term liabilities ( 3,132 ) ( 2,040 ) Net deferred income tax liability $ ( 2,262 ) $ ( 379 ) Our U.S. federal net operating loss carryforwards were comprised of the following at August 31, 2024 (in thousands): Loss Carryforward Loss Loss Operating Loss Carryforward Expires Deductions Deductions Loss Carried for Year Ended August 31, Amount in Prior Years in Current Year Forward Acquired NOL - Jhana December 31, 2015 2034 $ 1,491 $ ( 1,491 ) $ - $ - December 31, 2016 2035 3,052 ( 909 ) ( 215 ) 1,928 July 15, 2017 2036 1,117 - - 1,117 5,660 ( 2,400 ) ( 215 ) 3,045 Acquired NOL - Strive December 31, 2018 No Expiration 947 ( 947 ) - - December 31, 2019 No Expiration 869 ( 869 ) - - December 31, 2020 No Expiration 1,133 ( 160 ) ( 840 ) 133 April 25, 2021 No Expiration 553 - - 553 3,502 ( 1,976 ) ( 840 ) 686 August 31, 2022 No Expiration 40,996 ( 27,787 ) ( 13,209 ) - $ 50,158 $ ( 32,163 ) $ ( 14,264 ) $ 3,731 We have U.S. state net operating loss carryforwards generated in fiscal 2009 and before in various jurisdictions that expire primarily between September 1, 2024 and August 31, 2029. The U.S. state net operating loss carryforwards generated in fiscal 2017 and fiscal 2018 primarily expire on August 31, 2037 and 2038, respectively. The state net operating loss carryforwards acquired through the purchase of Jhana stock expire between August 31, 2035 and August 31, 2036. The state net operating loss carryforwards acquired through the purchase of Strive stock expire between August 31, 2040 and August 31, 2041. The state net operating loss carryforwards generated in fiscal 2022 primarily expire on August 31, 2042. During fiscal 2024 we utilized $ 4.5 million in U.S. foreign income tax credit carryforwards from prior years and $ 1.1 million in foreign tax credits generated during fiscal 2024. As of August 31, 2024, we have no remaining U.S. foreign tax credit carryforwards. The valuation allowance against our deferred income tax assets at August 31, 2021 related primarily to the U.S. foreign tax credit carryforward from fiscal 2011, which we expected to expire in fiscal 2022, and losses of certain foreign subsidiaries. During fiscal 2022 we were able to utilize the U.S. foreign tax credit carryforward from 2011. The remaining valuation allowance at August 31, 2022 related primarily to the losses of certain foreign subsidiaries. During fiscal 2023 we reversed the valuation allowance for certain foreign subsidiaries and increased the valuation allowance for certain other foreign subsidiaries, for a net decrease in our total valuation allowance. During fiscal 2024 we decreased the valuation allowance for a certain foreign subsidiary and increased the valuation allowance for certain other foreign subsidiaries, for a net increase in our total valuation allowance. The remaining valuation allowance at August 31, 2024 relates primarily to the losses of certain foreign subsidiaries which we expect will expire unused. Activity in our deferred income tax asset valuation allowance was as follows for the periods indicated (in thousands): YEAR ENDED AUGUST 31, 2024 2023 2022 Beginning balance $ 1,313 $ 1,685 $ 4,530 Charged to costs and expenses 1,250 212 683 Deductions ( 96 ) ( 584 ) ( 3,528 ) Ending balance $ 2,467 $ 1,313 $ 1,685 Except for the deferred tax assets subject to valuation allowances, 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 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 our deferred tax assets, except those subject to the valuation allowances described above, is more likely than not at August 31, 2024. A reconciliation of the beginning and ending amount of gross unrecognized tax benefits is as follows (in thousands): YEAR ENDED AUGUST 31, 2024 2023 2022 Beginning balance $ 1,618 $ 1,597 $ 1,594 Additions based on tax positions related to the current year 491 188 77 Additions for tax positions in prior years 73 290 207 Reductions for tax positions of prior years resulting from the lapse of applicable statute of limitations ( 255 ) ( 186 ) - Other reductions for tax positions of prior years ( 288 ) ( 271 ) ( 281 ) Ending balance $ 1,639 $ 1,618 $ 1,597 The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate is $ 1.3 million at each of August 31, 2024 and 2023. Included in the ending balance of gross unrecognized tax benefits at August 31, 2024 is $ 1.0 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 had an insignificant effect on our income tax expense in fiscal 2024 and increased our income tax expense by $ 0.1 million in each of fiscal 2023 and 2022. The balance of interest and penalties included in other long-term liabilities on our consolidated balance sheets was $ 0.4 million at each of August 31, 2024 and 2023. During the next 12 months, we expect an immaterial change in unrecognized tax benefits. 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. 2017 - 2024 Australia, Canada, and Japan 2016 - 2024 China 2019 - 2024 Germany, Switzerland, and Austria 2020 - 2024 United Kingdom, Singapore 2020 - 2024 United States – state and local income tax 2021 - 2024 United States – federal income tax

Earnings Per Share

Earnings Per Share	12 Months Ended
Earnings Per Share	Aug. 31, 2024
Earnings Per Share [Abstract]
Earnings Per Share	15. EARNINGS PER SHARE The following schedule shows the components of the calculation of our earnings per share (EPS) for the periods indicated (in thousands, except per-share amounts). YEAR ENDED AUGUST 31, 2024 2023 2022 Numerator for basic and diluted earnings per share: Net income $ 23,402 $ 17,781 $ 18,430 Denominator for basic and diluted earnings per share: Basic weighted average shares outstanding 13,171 13,640 14,147 Effect of dilutive securities: Stock-based compensation awards 301 659 408 Diluted weighted average shares outstanding 13,472 14,299 14,555 EPS Calculations: Net income per share: Basic $ 1.78 $ 1.30 $ 1.30 Diluted 1.74 1.24 1.27

Segment Information

Segment Information	12 Months Ended
Segment Information	Aug. 31, 2024
Segment Information [Abstract]
Segment Information	16. SEGMENT INFORMATION Reportable Segments Our sales are primarily comprised of training and consulting services and our internal reporting structure is comprised of three reportable operating segments and a corporate services group. Our internal reporting structure and reportable segments are organized primarily around the client channels which produce the Company’s revenues. The following is a brief description of our reportable segments:  Direct Offices – This segment includes our sales personnel that serve the United States and Canada; our international sales offices that serve clients in Japan, China, the United Kingdom, Ireland, Australia, New Zealand, Germany, Switzerland, and Austria; our governmental sales channel; our coaching operations; and our books and audio sales channel.  International Licensees – This segment is primarily comprised of our international licensees’ royalty revenues.  Education Practice – This group includes our domestic and international Education practice operations, which are focused on sales to educational institutions.  Corporate and Other – Our corporate and other information includes royalty revenue from Franklin Planner Corporation, leasing activities, shipping and handling revenues, and certain corporate administrative expenses. We have determined that the Company’s chief operating decision maker is the CEO, and the primary measurement tool used in business unit performance analysis is Adjusted EBITDA, which may not be calculated as similarly titled amounts reported by other companies. For reporting purposes, w e define Adjusted EBITDA as net income or loss excluding the impact of interest, income taxes, intangible asset amortization, depreciation, stock-based compensation expense, and certain other items such as adjustments to the fair value of expected contingent consideration liabilities arising from business acquisitions, and other unusual or infrequent items . Our operations are not capital intensive and we do not own any manufacturing facilities or equipment. Accordingly, we do not allocate assets to the divisions for analysis purposes. 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. We account for our segment information on the same basis as the accompanying consolidated financial statements (in thousands). Sales to Fiscal Year Ended External Adjusted August 31, 2024 Customers Gross Profit EBITDA Enterprise Division: Direct offices $ 197,610 $ 162,430 $ 50,376 International licensees 11,229 9,971 5,647 208,839 172,401 56,023 Education Division 73,519 47,149 9,522 Corporate and eliminations 4,875 1,522 ( 10,272 ) Consolidated $ 287,233 $ 221,072 $ 55,273 Fiscal Year Ended August 31, 2023 Enterprise Division: Direct offices $ 194,021 $ 156,915 $ 44,198 International licensees 11,645 10,507 5,874 205,666 167,422 50,072 Education Division 69,736 44,418 7,426 Corporate and eliminations 5,119 1,650 ( 9,432 ) Consolidated $ 280,521 $ 213,490 $ 48,066 Fiscal Year Ended August 31, 2022 Enterprise Division: Direct offices $ 183,845 $ 148,051 $ 37,497 International licensees 10,551 9,382 4,964 194,396 157,433 42,461 Education Division 61,852 41,206 8,408 Corporate and eliminations 6,593 3,273 ( 8,672 ) Consolidated $ 262,841 $ 201,912 $ 42,197 A reconciliation of Adjusted EBITDA to consolidated net income is provided below (in thousands): YEAR ENDED AUGUST 31, 2024 2023 2022 Segment Adjusted EBITDA $ 65,545 $ 57,498 $ 50,869 Corporate expenses ( 10,272 ) ( 9,432 ) ( 8,672 ) Consolidated Adjusted EBITDA 55,273 48,066 42,197 Stock-based compensation ( 10,142 ) ( 12,520 ) ( 8,286 ) Increase in contingent consideration liabilities - ( 7 ) ( 68 ) Restructuring costs ( 3,008 ) ( 565 ) - Impaired asset ( 928 ) - - Depreciation ( 3,905 ) ( 4,271 ) ( 4,903 ) Amortization ( 4,248 ) ( 4,342 ) ( 5,266 ) Income from operations 33,042 26,361 23,674 Interest income 1,123 1,091 65 Interest expense ( 1,119 ) ( 1,583 ) ( 1,675 ) Income before income taxes 33,046 25,869 22,064 Provision for income taxes ( 9,644 ) ( 8,088 ) ( 3,634 ) Net income $ 23,402 $ 17,781 $ 18,430 Disaggregated Revenue Our revenues are derived primarily from the United States. However, we also operate directly-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/regions (in thousands): YEAR ENDED AUGUST 31, 2024 2023 2022 Americas $ 242,494 $ 233,479 $ 218,863 Asia Pacific 26,845 28,640 26,835 Europe/Middle East/Africa 17,894 18,402 17,143 $ 287,233 $ 280,521 $ 262,841 The following table presents our revenue disaggregated by our significant revenue generating activities. Sales of services and products include training and consulting services and related products such as training manuals. Subscription sales include revenues from our subscription services such as the All Access Pass and Leader in Me membership. We receive royalty revenue from our international licensees and from other sources such as book publishing arrangements. Corporate royalties are amounts received from Franklin Planner Co. pursuant to a licensing arrangement obtained in fiscal 2020. Leases and other revenue is primarily comprised of lease revenues from sub-leases for space at our corporate headquarters campus and from shipping and handling revenues (in thousands). Fiscal Year Ended Services and Leases and August 31, 2024 Products Subscriptions Royalties Other Consolidated Enterprise Division: Direct offices $ 89,774 $ 105,071 $ 2,765 $ - $ 197,610 International licensees 411 1,245 9,573 - 11,229 90,185 106,316 12,338 - 208,839 Education Division 28,347 41,605 3,567 - 73,519 Corporate and eliminations - - 1,252 3,623 4,875 Consolidated $ 118,532 $ 147,921 $ 17,157 $ 3,623 $ 287,233 Fiscal Year Ended August 31, 2023 Enterprise Division: Direct offices $ 93,700 $ 97,992 $ 2,329 $ - $ 194,021 International licensees 428 1,327 9,890 - 11,645 94,128 99,319 12,219 - 205,666 Education Division 26,803 39,662 3,271 - 69,736 Corporate and eliminations - - 1,250 3,869 5,119 Consolidated $ 120,931 $ 138,981 $ 16,740 $ 3,869 $ 280,521 Fiscal Year Ended August 31, 2022 Enterprise Division: Direct offices $ 93,324 $ 88,055 $ 2,466 $ - $ 183,845 International licensees 429 1,281 8,841 - 10,551 93,753 89,336 11,307 - 194,396 Education Division 25,134 34,037 2,681 - 61,852 Corporate and eliminations - - 1,194 5,399 6,593 Consolidated $ 118,887 $ 123,373 $ 15,182 $ 5,399 $ 262,841 Inter-segment sales were immaterial for the periods presented and were eliminated in consolidation. Other Geographic Information At August 31, 2024, we had wholly owned direct offices that serve clients in Australia, New Zealand, China, Japan, the United Kingdom, Ireland, Germany, Switzerland, and Austria. Our long-lived assets, excluding intangible assets and goodwill, were held in the following locations for the periods indicated (in thousands): AUGUST 31, 2024 2023 United States/Canada $ 28,552 $ 25,538 China 1,860 1,504 Japan 831 1,024 United Kingdom 712 782 Australia 230 100 Germany, Switzerland, and Austria 115 223 $ 32,300 $ 29,171

Related Party Transactions

Related Party Transactions	12 Months Ended
Related Party Transactions	Aug. 31, 2024
Related Party Transactions [Abstract]
Related Party Transactions	17. RELATED PARTY TRANSACTIONS CoveyLi nk Worldwide, LLC We previously acquired the assets of CoveyLink Worldwide, LLC (CoveyLink). CoveyLink conducts training and provides consulting based upon the content found in the books The Speed of Trust and Trust & Inspire , which are authored by Stephen M.R. Covey, who is the brother of one of our executive officers. Prior to the acquisition date, CoveyLink had granted us a non-exclusive license for content related to The Speed of Trust book and derivative works such as Trust & Inspire , and related training courses for which we paid CoveyLink specified royalties. As part of the CoveyLink acquisition, we signed an amended and restated license for intellectual property that granted us an exclusive, perpetual, worldwide, transferable, royalty-bearing license to use, reproduce, display, distribute, sell, prepare derivative works of, and perform the licensed material in any format or medium and through any market or distribution channel. We are required to pay Stephen M.R. Covey royalties for the use of certain intellectual property developed by him. The amount expensed for these royalties totaled $ 1.7 million in each of the fiscal years ended August 31, 2024 and 2023, and $ 1.8 million during the fiscal 2022. 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 Stephen M.R. Covey a portion of the speaking revenues received for his presentations. We expensed $ 1.0 million, $ 1.4 million, and $ 0.8 million for payment on these presentations during the fiscal years ended August 31, 2024, 2023 and 2022. We had $ 0.3 million accrued for these royalties and speaking fees at each of August 31, 2024 and 2023, which were included as components of accrued liabilities on our 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 each of the fiscal years ended August 31, 2024, 2023, and 2022, we expensed $ 0.1 million for these royalties. We had $ 0.1 million accrued to this executive officer at each of August 31, 2024 and 2023, respectively, as payable under the terms of these arrangements. These amounts are included as components of accrued liabilities in our consolidated balance sheets. We pay a company owned by the brother of a member of our executive management team for the production of video segments used in our offerings. During the fiscal years ended August 31, 2024, 2023, and 2022 we paid an insignificant amount, $ 0.2 million, and $ 0.3 million to this company fo r services provided.

Nature Of Operations And Summ_2

Nature Of Operations And Summary Of Significant Accounting Policies (Policy)	12 Months Ended
	Aug. 31, 2024
Nature Of Operations And Summary Of Significant Accounting Policies [Abstract]
Nature of Operations	Franklin Covey Co. (hereafter referred to as we, us, our, or the Company) is a global company specializing in organizational 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.” 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 , The Four Disciplines of Execution , and Multipliers , and proprietary content in the areas of Leadership, Execution, Productivity, Sales Performance, and Educational improvement. Our offerings are described in further detail at www.franklincovey.com and elsewhere in this report. 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	Fiscal Year Our fiscal year ends on August 31 of each year and our fiscal quarters end on the last day of November, February, and May. Unless otherwise noted, references to fiscal years apply to the 12 months ended August 31 of the specified year.
Basis Of Presentation	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 that serve clients in Japan, China, the United Kingdom, Ireland, Australia, New Zealand, Germany, Switzerland, and Austria. Intercompany balances and transactions are eliminated in consolidation.
Use Of Estimates	Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, shareholders’ equity, revenues, and expenses. Actual results could differ from those estimates.
Reclassifications	Reclassifications Certain reclassifications have been made in our prior period financial statements to conform with the current period presentation. On our consolidated income statement and statement of comprehensive income for the fiscal year ended August 31, 2023, we have separately presented $ 0.6 million of restructuring costs which were previously included with selling, general, and administrative expenses.
Cash And Cash Equivalents	Cash and Cash Equivalents 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 these deposits may exceed insured limits. We consider all highly liquid debt instruments with an original maturity date of three months or less to be cash equivalents. Of our $ 48.7 million of cash at August 31, 2024, $ 13.9 million was held outside the U.S. by our foreign subsidiaries. We routinely repatriate cash from our foreign subsidiaries and consider cash generated from foreign activities a key component of our overall liquidity position.
Inventories	Inventories Inventories are stated at the lower of cost or net realizable value, cost being determined using the first-in, first-out method. Elements of cost in inventories include raw materials and direct labor. Cash flows from the sale 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, training-related accessories, and consisted of the following (in thousands): AUGUST 31, 2024 2023 Finished goods $ 4,002 $ 4,204 Raw materials - 9 $ 4,002 $ 4,213 Provision is made to reduce excess and obsolete inventories to their estimated net realizable value. In assessing the valuation of our 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.
Other Current Assets	Other C urrent Assets Significant components of our other current assets were as follows (in thousands): AUGUST 31, 2024 2023 Deferred commissions $ 14,784 $ 14,426 Other current assets 1,691 1,812 $ 16,475 $ 16,238 We defer commission expense on subscription-based sales and recognize the commission expense with the recognition of the corresponding revenue.
Property And Equipment	Property a nd 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 7 ), 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 Our property and equipment were comprised of the following (in thousands): AUGUST 31, 2024 2023 Land and improvements $ 1,312 $ 1,312 Buildings 28,240 30,038 Machinery and equipment 401 495 Computer hardware and software 29,263 28,948 Furniture, fixtures, and leasehold improvements 9,362 10,147 68,578 70,940 Less accumulated depreciation ( 59,842 ) ( 60,901 ) $ 8,736 $ 10,039 We expense costs for repairs and maintenance as incurred. Gains and losses resulting from the sale of property and equipment are recorded in income from operations. Depreciation of capitalized subscription portal costs is included in depreciation expense in the accompanying consolidated income statements and statements of comprehensive income.
Impairment Of Long-Lived Assets	Impairment of Long -Lived Assets Long-lived tangible assets and finite-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 finite-lived intangible assets change in the future, significant impairment charges could result that would adversely affect our results of operations and financial condition. In a prior period, we initiated the development of a student leadership assessment. However, due to societal changes in perception regarding the collection of student information and potential legal challenges, during the second quarter of fiscal 2024 we determined that it was in the best interest of the Company to suspend further development of the student leadership assessment and impair the associated asset. Approximately $ 0.6 million of the capitalized costs were for software and were previously included in property and equipment, and $ 0.3 million was included in capitalized development, which is included in our other long-term assets. The student leadership assessment was being developed solely for use in our Education Division.
Indefinite-Lived Intangible Assets And Goodwill Impairment Testing	Indefinite-Lived Intangible Assets and Goodwill Impairment Testing 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 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 2024 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 periods presented in this report. Goodwill is recorded when the purchase price for a business acquisition exceeds the estimated fair value of the net tangible and identified intangible assets acquired. We test goodwill for impairment each year on August 31 or upon the occurrence of events or changes in circumstances which indicate that goodwill may be impaired. Goodwill is assigned to our reporting units, which are our operating segments, where discrete financial information is available that is regularly reviewed by management to evaluate segment performance. During the annual impairment testing process, we have the option to first perform a qualitative assessment (commonly referred to as Step Zero) over relative events and circumstances to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying value or to perform a quantitative assessment where we estimate the fair value of each reporting unit using both an income and market approach. At August 31, 2024, we completed a quantitative assessment of our goodwill and concluded there were no impairments. Refer to Note 4, Intangible Assets and Goodwill for further information on our goodwill, including the allocation of our goodwill to our operating segments. When we perform a quantitative analysis to assess the recoverability of our goodwill, we determine the estimated fair value of each reporting unit and compare it to the carrying value of the reporting unit, including goodwill. If the fair value is less than the carrying value of the net assets and related goodwill, an impairment charge is recognized for the difference. The estimated fair value of each reporting unit is calculated using a combination of the income approach (discounted cash flows) and the market approach (using market multiples derived from a set of companies with comparable market characteristics). The value estimated using a discounted cash flow model is weighted against the estimated value derived from the guideline company market approach method. This market approach method estimates the price reasonably expected to be realized from the sale of the reporting unit based on comparable companies. In developing the discounted cash flow analysis, our assumptions about future revenues and expenses, capital expenditures, and changes in working capital are based on our internal plan and assume a terminal growth rate thereafter. The discounted cash flow analysis is derived from valuation techniques in which one or more significant inputs are not observable and constitute Level 3 fair value measures. The determination of the fair value of a reporting unit is judgmental in nature and involves the use of significant estimates and assumptions. These estimates and assumptions include revenue growth rates and operating margins used to calculate projected future cash flows, risk-adjusted discount rates, future economic and market conditions, and determination of appropriate market comparables. We base our fair value estimates on assumptions we believe to be reasonable, but that are unpredictable and inherently uncertain. Actual future results may differ from those estimates.
Capitalized Curriculum Development Costs	Capitalized C urriculum 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. Our capitalized curriculum development spending in fiscal 2024, which totaled $ 6.9 million , was primarily to create new and refreshed offerings and content for the AAP, including a significantly refreshed The 7 Habits of Highly Effective People offering which is expected to be released early in fiscal 2025, and new offerings for our Education practice. 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 a significant investment in new curriculum. Costs incurred to maintain existing offerings are expensed when incurred. In addition, development costs incurred in the research and development of new offerings and software products to be sold, leased, or otherwise marketed are expensed as incurred until economic and technological feasibility have 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 the content. Capitalized curriculum development costs are reported as a component of other long-term assets in our consolidated balance sheets and totaled $ 15.3 million and $ 10.9 million at August 31, 2024 and 2023. Amortization of capitalized curriculum development costs is reported as a component of cost of revenue in the accompanying consolidated income statements and statements of comprehensive income.
Accrued Liabilities	Accrued Liabilities Significant components of our accrued liabilities were as follows (in thousands): AUGUST 31, 2024 2023 Accrued compensation $ 18,463 $ 17,974 Other accrued liabilities 13,991 10,278 $ 32,454 $ 28,252
Contingent Consideration Payments From Business Acquisitions	Contingent C onsideration Payments from Business Acquisitions Business acquisitions may include contingent consideration payments based on various future financial measures related to the acquired entity. Contingent consideration is required to be recognized at fair value as of the acquisition date. We estimate the fair value of these liabilities based on financial projections of the acquired company and estimated probabilities of achievement. Based on updated estimates and projections, the contingent consideration liabilities are adjusted at each reporting date to their estimated fair value. Changes in fair value subsequent to the acquisition date are reported in selling, general, and administrative expense in our consolidated income statements and statements of comprehensive income and may have a material impact on our operating results. Variations in the fair value of contingent consideration liabilities may result from changes in discount periods or rates, changes in the timing and amount of earnings estimates, and changes in probability assumptions with respect to the likelihood of achieving various payment criteria.
Foreign Currency Translation And Transactions	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 dates. 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 loss in shareholders’ equity. Foreign currency transaction losses totaled $ 0.1 million, $ 0.1 million, and $ 0.5 million for the fiscal years ended August 31, 2024, 2023, and 2022, respectively, and are included as a component of selling, general, and administrative expenses in our consolidated income statements and statements of comprehensive income.
Revenue Recognition	Revenue Recognition We account for revenue in accordance with Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers (Topic 606) . For further information on our revenue, refer to Note 2, Revenue . Revenue is recognized as the net amount to be received after deducting estimated amounts for discounts and product returns.
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 revenue. All costs incurred related to the shipping and handling of products are recorded in cost of revenue.
Advertising Costs	Advertising C osts Costs for advertising are expensed as incurred. Advertising costs included in selling, general, and administrative expenses totaled $ 5.2 million, $ 4.5 million, and $ 4.8 millio n for the fiscal years ended August 31, 2024, 2023, and 2022, respectively.
Restructuring Costs	Restructuring Costs During fiscal 2024, we restructured certain areas of our operations to sharpen the focus of our efforts and resources on plans and initiatives to drive additional growth in the future. As a result of this restructuring plan, we reduced our workforce by more than 50 associates and incurred severance and legal expenses totaling $ 3.0 million. Approximately $ 2.5 million of the restructuring expense was attributable to the Direct Office segment, $ 0.4 million was attributable to the Education segment, and $ 0.1 million was attributable to corporate functions. We intend to invest the resources attributable to this restructuring in initiatives to drive future growth in both divisions. The remaining restructuring liability at August 31, 2024 totaled $ 0.4 million and is included in accrued liabilities in our consolidated balance sheet. The remaining accrued restructuring costs are expected to be paid in the first half of fiscal 2025.
Stock-Based Compensation	Stock- Based Compensation We record the compensation expense for all stock-based payments, including grants of stock options and the compensatory elements of our employee stock purchase plan, in our consolidated income statements and statements of comprehensive income based upon their fair values over the requisite service period. For more information on our stock-based compensation plans, refer to Note 12.
Income Taxes	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 benefit or expense in our consolidated income statements and statements of comprehensive income. 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 % 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 Comprehensive income includes changes to equity accounts that were not the result of transactions with shareholders. Comprehensive income is comprised of net income 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 Pronouncement Issued Not Yet Adopted	Accounting Pronouncements Issued Not Yet Adopted In November 2023, the Financial Accounting Standards Board (FASB) issued ASU No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures . This ASU is intended to improve reportable segment disclosure primarily by requiring entities to provide more disaggregated expense information about their reportable segments. The new guidance also improves interim disclosure requirements, clarifies circumstances in which an entity can disclose multiple segment measures of profit or loss, provides new segment disclosure requirements for entities with a single reportable segment, and contains other disclosure requirements. ASU 2023-07 is effective for public entities in fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. We are currently assessing the anticipated impact of this standard on our consolidated financial statements. On December 14, 2023, the FASB issued ASU 2023-09, Improvements to Income Tax Disclosures . ASU 2023-09 provides guidance to enhance transparency about income tax information through improvements to income tax disclosures primarily related to the effective income tax rate reconciliation and income taxes paid. This new guidance also includes certain other amendments to improve the effectiveness of income tax disclosures. For public companies, the guidance in ASU 2023-09 is effective for annual periods beginning after December 15, 2024. We are currently assessing the anticipated impact of this standard on our consolidated financial statements.

Nature Of Operations And Summ_3

Nature Of Operations And Summary Of Significant Accounting Policies (Tables)	12 Months Ended
	Aug. 31, 2024
Nature Of Operations And Summary Of Significant Accounting Policies [Abstract]
Components Of Inventories	AUGUST 31, 2024 2023 Finished goods $ 4,002 $ 4,204 Raw materials - 9 $ 4,002 $ 4,213
Components Of Other Current Assets	AUGUST 31, 2024 2023 Deferred commissions $ 14,784 $ 14,426 Other current assets 1,691 1,812 $ 16,475 $ 16,238
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
Property And Equipment	AUGUST 31, 2024 2023 Land and improvements $ 1,312 $ 1,312 Buildings 28,240 30,038 Machinery and equipment 401 495 Computer hardware and software 29,263 28,948 Furniture, fixtures, and leasehold improvements 9,362 10,147 68,578 70,940 Less accumulated depreciation ( 59,842 ) ( 60,901 ) $ 8,736 $ 10,039
Components Of Accrued Liabilities	AUGUST 31, 2024 2023 Accrued compensation $ 18,463 $ 17,974 Other accrued liabilities 13,991 10,278 $ 32,454 $ 28,252

Accounts Receivables (Tables)

Accounts Receivables (Tables)	12 Months Ended
Accounts Receivables (Tables)	Aug. 31, 2024
Accounts Receivable [Abstract]
Activity In Allowance For Doubtful Accounts	YEAR ENDED AUGUST 31, 2024 2023 2022 Beginning balance $ 3,790 $ 4,492 $ 4,643 Charged to costs and expenses ( 64 ) ( 66 ) 306 Deductions ( 711 ) ( 636 ) ( 457 ) Ending balance $ 3,015 $ 3,790 $ 4,492

Intangible Assets And Goodwill

Intangible Assets And Goodwill (Tables)	12 Months Ended
Intangible Assets And Goodwill (Tables)	Aug. 31, 2024
Intangible Assets And Goodwill [Abstract]
Intangible Assets	Gross Carrying Accumulated Net Carrying AUGUST 31, 2024 Amount Amortization Amount Finite-lived intangible assets: Acquired content $ 49,806 $ ( 45,501 ) $ 4,305 License rights 33,258 ( 26,889 ) 6,369 Customer lists 15,982 ( 15,589 ) 393 Acquired technology 7,282 ( 3,920 ) 3,362 Trade names 1,883 ( 1,586 ) 297 Non-compete agreements and other 930 ( 890 ) 40 109,141 ( 94,375 ) 14,766 Indefinite-lived intangible asset: Covey trade name 23,000 - 23,000 $ 132,141 $ ( 94,375 ) $ 37,766 AUGUST 31, 2023 Finite-lived intangible assets: Acquired content $ 49,802 $ ( 43,910 ) $ 5,892 License rights 31,758 ( 25,461 ) 6,297 Customer lists 15,982 ( 15,272 ) 710 Acquired technology 7,282 ( 3,200 ) 4,082 Trade names 1,883 ( 1,408 ) 475 Non-compete agreements and other 930 ( 875 ) 55 107,637 ( 90,126 ) 17,511 Indefinite-lived intangible asset: Covey trade name 23,000 - 23,000 $ 130,637 $ ( 90,126 ) $ 40,511
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 Acquired content 2 to 3 years 26 years License rights 3 to 10 years 26 years Customer lists 3 years 12 years Acquired technology 5 years 7 years Trade names 2 years 5 years Non-compete agreements and other 3 to 5 years 3 years
Amortization Expense For Intangible Assets Over The Next Five Years	YEAR ENDING AUGUST 31, 2025 $ 4,229 2026 4,144 2027 3,296 2028 1,319 2029 1,076
Consolidated Goodwill	Direct offices $ 22,962 International licensees 5,928 Education practice 2,330 $ 31,220

Secured Credit Agreement (Table

Secured Credit Agreement (Tables)	12 Months Ended
Secured Credit Agreement (Tables)	Aug. 31, 2024
Secured Credit Agreement [Abstract]
Ratio Of Funded Debt To Adjusted EBITDA	Leverage Ratio Interest Rate Less than 1.00 SOFR plus 1.50 % Between 1.00 and 2.00 SOFR plus 1.75 % Between 2.01 and 2.50 SOFR plus 2.25 % Greater than 2.51 SOFR plus 2.75 %

Notes Payable (Tables)

Notes Payable (Tables)	12 Months Ended
Notes Payable (Tables)	Aug. 31, 2024
Notes Payable [Abstract]
Balances And Classification Of Notes Payable	Current Portion of Notes Payable Notes Payable, Less Current Portion August 31, August 31, August 31, August 31, Description 2024 2023 2024 2023 Term loan payable $ - $ 5,000 $ - $ - Strive acquisition note payable 835 835 775 1,535 $ 835 $ 5,835 $ 775 $ 1,535
Future Principal Payments By Fiscal Year	YEAR ENDING Term Loan Strive Note AUGUST 31, Payable Payable Total 2025 $ - $ 835 $ 835 2026 - 835 835 $ - $ 1,670 $ 1,670

Financing Obligation (Tables)

Financing Obligation (Tables)	12 Months Ended
Financing Obligation (Tables)	Aug. 31, 2024
Financing Obligation [Abstract]
Financing Obligation	AUGUST 31, 2024 2023 Financing obligation payable in monthly installments of $ 341 at August 31, 2024, including principal and interest, with 2 % annual increases (imputed interest at 7.7 %), through June 2025 $ 4,424 $ 7,962 Less current portion ( 3,112 ) ( 3,538 ) Total financing obligation, less current portion $ 1,312 $ 4,424
Future Minimum Payments Under The Financing Obligation	YEAR ENDING AUGUST 31, 2025 $ 3,301 Thereafter - Total future minimum financing obligation payments 3,301 Less interest ( 189 ) Present value of future minimum financing obligation payments $ 3,112

Leases (Tables)

Leases (Tables)	12 Months Ended
Leases (Tables)	Aug. 31, 2024
Leases [Abstract]
Assets And Liabilities Related To Operating Leases	Balance Sheet Caption Amount Assets: Operating lease right of use assets Other long-term assets $ 1,140 Liabilities: Current: Operating lease liabilities Accrued liabilities 509 Long-Term: Operating lease liabilities Other long-term liabilities 631 $ 1,140 Weighted Average Remaining Lease Term: Operating leases (years) 2.4 Weighted Average Discount Rate: Operating leases 6.7 %
Future Minimum Lease Payments Under Operating Leases	YEAR ENDING AUGUST 31, 2025 $ 568 2026 409 2027 255 2028 7 2029 - Thereafter - Total operating lease payments 1,239 Less imputed interest ( 99 ) Present value of operating lease liabilities $ 1,140

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	12 Months Ended
Shareholders' Equity (Tables)	Aug. 31, 2024
Purchases Of Common Stock For Treasury [Abstract]
Summary Of Purchases Of Common Stock	Fiscal 2024 Fiscal 2023 Fiscal 2022 Shares Cost Shares Cost Shares Cost Open market purchases 524,548 $ 20,416 867,873 $ 34,720 499,411 $ 20,315 Shares withheld on awards 251,686 10,333 17,639 835 86,125 3,535 776,234 $ 30,749 885,512 $ 35,555 585,536 $ 23,850

Stock-Based Compensation Plans

Stock-Based Compensation Plans (Tables)	12 Months Ended
Stock-Based Compensation Plans (Tables)	Aug. 31, 2024
Stock-Based Compensation Plans [Abstract]
Total Cost Of Stock-Based Compensation	YEAR ENDED AUGUST 31, 2024 2023 2022 Performance awards $ 8,275 $ 10,767 $ 6,133 Strive acquisition compensation 660 739 1,196 Unvested stock awards 880 700 673 Compensation cost of the ESPP 252 269 239 Fully vested stock awards 75 45 45 $ 10,142 $ 12,520 $ 8,286
Summary Of LTIP Awards Outstanding	Time- Qualified Adjusted EBITDA Shares End of Award Grant Vested Subscription Service Name Date Shares Minimum Target Maximum Sales Period 2024 LTIP October 6, 2023 26,749 40,114 80,217 160,434 - August 31, 2026 2023 LTIP October 14, 2022 25,767 38,646 77,275 154,550 - August 31, 2025 2022 LTIP February 4, 2022 23,764 35,638 71,275 142,550 - August 31, 2024 2020 LTIP October 18, 2019 23,701 24,705 49,410 98,820 42,347 August 31, 2024
Unvested Stock Awards	Weighted- Average Grant- Date Fair Number of Value Per Shares Share Unvested stock awards at August 31, 2023 15,882 $ 45.34 Granted 23,136 41.50 Forfeited - - Vested ( 15,882 ) 45.34 Unvested stock awards at August 31, 2024 23,136 $ 41.50

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
Income Taxes (Tables)	Aug. 31, 2024
Income Taxes [Abstract]
Provision For Income Taxes From Continuing Operations	YEAR ENDED AUGUST 31, 2024 2023 2022 Current: Federal $ ( 4,040 ) $ - $ - State ( 1,675 ) ( 791 ) ( 1,221 ) Foreign ( 2,174 ) ( 2,389 ) ( 2,202 ) ( 7,889 ) ( 3,180 ) ( 3,423 ) Deferred: Federal 2,309 1,545 ( 9,339 ) State 730 225 ( 889 ) Foreign ( 395 ) 216 24 Operating loss carryforward ( 3,245 ) ( 7,201 ) 7,150 Valuation allowance ( 1,154 ) 372 2,845 Foreign tax credit carryforward reduction - ( 65 ) ( 2 ) ( 1,755 ) ( 4,908 ) ( 211 ) $ ( 9,644 ) $ ( 8,088 ) $ ( 3,634 )
Allocation Of Total Income Tax Provision	YEAR ENDED AUGUST 31, 2024 2023 2022 Net income $ ( 9,644 ) $ ( 8,088 ) $ ( 3,634 ) Other comprehensive income ( 11 ) ( 80 ) 176 $ ( 9,655 ) $ ( 8,168 ) $ ( 3,458 )
Income From Continuing Operations Before Income Taxes	YEAR ENDED AUGUST 31, 2024 2023 2022 United States $ 32,456 $ 23,574 $ 21,152 Foreign 590 2,295 912 $ 33,046 $ 25,869 $ 22,064
Differences Between Income Taxes At The Statutory Federal Income Tax Rate And Income Taxes From Continuing Operations	YEAR ENDED AUGUST 31, 2024 2023 2022 Federal statutory income tax rate ( 21.0 ) % ( 21.0 ) % ( 21.0 ) % State income taxes, net of federal effect ( 4.0 ) ( 4.7 ) ( 3.9 ) Valuation allowance ( 3.5 ) 1.4 12.9 Foreign tax credit carryforward reduction - ( 0.3 ) - Foreign jurisdictions tax differential 0.1 ( 0.2 ) ( 1.1 ) Tax differential on income subject to both U.S. and foreign taxes 1.5 ( 1.4 ) ( 0.2 ) Uncertain tax positions ( 0.3 ) ( 0.9 ) ( 0.8 ) Non-deductible executive compensation ( 9.7 ) ( 3.6 ) ( 5.5 ) Non-deductible meals and entertainment ( 0.8 ) ( 0.7 ) ( 0.1 ) Other stock-based compensation 7.7 ( 0.4 ) 2.5 Other 0.8 0.5 0.7 ( 29.2 ) % ( 31.3 ) % ( 16.5 ) %
Significant Components Of Deferred Tax Assets And Liabilities	AUGUST 31, 2024 2023 Deferred income tax assets: Stock-based compensation $ 3,760 $ 4,222 Net operating loss carryforward 3,447 6,505 Foreign income tax credit carryforward - 4,253 Deferred revenue 2,970 1,677 Capitalized development costs 2,156 1,236 Bonus and other accruals 1,317 1,517 Sale and financing of corporate headquarters 1,041 1,899 Inventory and bad debt reserves 923 1,094 Self-constructed tangible assets 404 - Other 174 458 Total deferred income tax assets 16,192 22,861 Less: valuation allowance ( 2,467 ) ( 1,313 ) Net deferred income tax assets 13,725 21,548 Deferred income tax liabilities: Intangibles step-ups – indefinite lived ( 5,433 ) ( 5,522 ) Intangibles step-ups – finite lived ( 1,873 ) ( 2,541 ) Self-constructed tangible assets - ( 5,476 ) Intangible asset amortization ( 4,217 ) ( 4,189 ) Deferred commissions ( 3,827 ) ( 3,598 ) Unremitted earnings of foreign subsidiaries ( 505 ) ( 521 ) Property and equipment depreciation ( 132 ) ( 80 ) Total deferred income tax liabilities ( 15,987 ) ( 21,927 ) Net deferred income taxes $ ( 2,262 ) $ ( 379 )
Deferred Income Tax Amounts Recorded On The Consolidated Balance Sheets	AUGUST 31, 2024 2023 Long-term assets $ 870 $ 1,661 Long-term liabilities ( 3,132 ) ( 2,040 ) Net deferred income tax liability $ ( 2,262 ) $ ( 379 )
Summary of Operating Loss Carryforwards	Loss Carryforward Loss Loss Operating Loss Carryforward Expires Deductions Deductions Loss Carried for Year Ended August 31, Amount in Prior Years in Current Year Forward Acquired NOL - Jhana December 31, 2015 2034 $ 1,491 $ ( 1,491 ) $ - $ - December 31, 2016 2035 3,052 ( 909 ) ( 215 ) 1,928 July 15, 2017 2036 1,117 - - 1,117 5,660 ( 2,400 ) ( 215 ) 3,045 Acquired NOL - Strive December 31, 2018 No Expiration 947 ( 947 ) - - December 31, 2019 No Expiration 869 ( 869 ) - - December 31, 2020 No Expiration 1,133 ( 160 ) ( 840 ) 133 April 25, 2021 No Expiration 553 - - 553 3,502 ( 1,976 ) ( 840 ) 686 August 31, 2022 No Expiration 40,996 ( 27,787 ) ( 13,209 ) - $ 50,158 $ ( 32,163 ) $ ( 14,264 ) $ 3,731
Activity In Deferred Income Tax Asset Valuation Allowance	YEAR ENDED AUGUST 31, 2024 2023 2022 Beginning balance $ 1,313 $ 1,685 $ 4,530 Charged to costs and expenses 1,250 212 683 Deductions ( 96 ) ( 584 ) ( 3,528 ) Ending balance $ 2,467 $ 1,313 $ 1,685
Reconciliation Of The Beginning And Ending Amount Of Gross Unrecognized Tax Benefits	YEAR ENDED AUGUST 31, 2024 2023 2022 Beginning balance $ 1,618 $ 1,597 $ 1,594 Additions based on tax positions related to the current year 491 188 77 Additions for tax positions in prior years 73 290 207 Reductions for tax positions of prior years resulting from the lapse of applicable statute of limitations ( 255 ) ( 186 ) - Other reductions for tax positions of prior years ( 288 ) ( 271 ) ( 281 ) Ending balance $ 1,639 $ 1,618 $ 1,597
Tax Years That Remain Subject To Examinations For Major Tax Jurisdictions	2017 - 2024 Australia, Canada, and Japan 2016 - 2024 China 2019 - 2024 Germany, Switzerland, and Austria 2020 - 2024 United Kingdom, Singapore 2020 - 2024 United States – state and local income tax 2021 - 2024 United States – federal income tax

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
Earnings Per Share (Tables)	Aug. 31, 2024
Earnings Per Share [Abstract]
Computation Of Net Income Per Share	YEAR ENDED AUGUST 31, 2024 2023 2022 Numerator for basic and diluted earnings per share: Net income $ 23,402 $ 17,781 $ 18,430 Denominator for basic and diluted earnings per share: Basic weighted average shares outstanding 13,171 13,640 14,147 Effect of dilutive securities: Stock-based compensation awards 301 659 408 Diluted weighted average shares outstanding 13,472 14,299 14,555 EPS Calculations: Net income per share: Basic $ 1.78 $ 1.30 $ 1.30 Diluted 1.74 1.24 1.27

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
Segment Information (Tables)	Aug. 31, 2024
Segment Information [Abstract]
Schedule Of Segment Operations	Sales to Fiscal Year Ended External Adjusted August 31, 2024 Customers Gross Profit EBITDA Enterprise Division: Direct offices $ 197,610 $ 162,430 $ 50,376 International licensees 11,229 9,971 5,647 208,839 172,401 56,023 Education Division 73,519 47,149 9,522 Corporate and eliminations 4,875 1,522 ( 10,272 ) Consolidated $ 287,233 $ 221,072 $ 55,273 Fiscal Year Ended August 31, 2023 Enterprise Division: Direct offices $ 194,021 $ 156,915 $ 44,198 International licensees 11,645 10,507 5,874 205,666 167,422 50,072 Education Division 69,736 44,418 7,426 Corporate and eliminations 5,119 1,650 ( 9,432 ) Consolidated $ 280,521 $ 213,490 $ 48,066 Fiscal Year Ended August 31, 2022 Enterprise Division: Direct offices $ 183,845 $ 148,051 $ 37,497 International licensees 10,551 9,382 4,964 194,396 157,433 42,461 Education Division 61,852 41,206 8,408 Corporate and eliminations 6,593 3,273 ( 8,672 ) Consolidated $ 262,841 $ 201,912 $ 42,197
Reconciliation Of Adjusted EBITDA	YEAR ENDED AUGUST 31, 2024 2023 2022 Segment Adjusted EBITDA $ 65,545 $ 57,498 $ 50,869 Corporate expenses ( 10,272 ) ( 9,432 ) ( 8,672 ) Consolidated Adjusted EBITDA 55,273 48,066 42,197 Stock-based compensation ( 10,142 ) ( 12,520 ) ( 8,286 ) Increase in contingent consideration liabilities - ( 7 ) ( 68 ) Restructuring costs ( 3,008 ) ( 565 ) - Impaired asset ( 928 ) - - Depreciation ( 3,905 ) ( 4,271 ) ( 4,903 ) Amortization ( 4,248 ) ( 4,342 ) ( 5,266 ) Income from operations 33,042 26,361 23,674 Interest income 1,123 1,091 65 Interest expense ( 1,119 ) ( 1,583 ) ( 1,675 ) Income before income taxes 33,046 25,869 22,064 Provision for income taxes ( 9,644 ) ( 8,088 ) ( 3,634 ) Net income $ 23,402 $ 17,781 $ 18,430
Schedule Of Disaggregation Revenue By Geographic Region	YEAR ENDED AUGUST 31, 2024 2023 2022 Americas $ 242,494 $ 233,479 $ 218,863 Asia Pacific 26,845 28,640 26,835 Europe/Middle East/Africa 17,894 18,402 17,143 $ 287,233 $ 280,521 $ 262,841
Schedule Of Revenue Disaggregate By Activities	Fiscal Year Ended Services and Leases and August 31, 2024 Products Subscriptions Royalties Other Consolidated Enterprise Division: Direct offices $ 89,774 $ 105,071 $ 2,765 $ - $ 197,610 International licensees 411 1,245 9,573 - 11,229 90,185 106,316 12,338 - 208,839 Education Division 28,347 41,605 3,567 - 73,519 Corporate and eliminations - - 1,252 3,623 4,875 Consolidated $ 118,532 $ 147,921 $ 17,157 $ 3,623 $ 287,233 Fiscal Year Ended August 31, 2023 Enterprise Division: Direct offices $ 93,700 $ 97,992 $ 2,329 $ - $ 194,021 International licensees 428 1,327 9,890 - 11,645 94,128 99,319 12,219 - 205,666 Education Division 26,803 39,662 3,271 - 69,736 Corporate and eliminations - - 1,250 3,869 5,119 Consolidated $ 120,931 $ 138,981 $ 16,740 $ 3,869 $ 280,521 Fiscal Year Ended August 31, 2022 Enterprise Division: Direct offices $ 93,324 $ 88,055 $ 2,466 $ - $ 183,845 International licensees 429 1,281 8,841 - 10,551 93,753 89,336 11,307 - 194,396 Education Division 25,134 34,037 2,681 - 61,852 Corporate and eliminations - - 1,194 5,399 6,593 Consolidated $ 118,887 $ 123,373 $ 15,182 $ 5,399 $ 262,841
Long-Lived Assets By Country	AUGUST 31, 2024 2023 United States/Canada $ 28,552 $ 25,538 China 1,860 1,504 Japan 831 1,024 United Kingdom 712 782 Australia 230 100 Germany, Switzerland, and Austria 115 223 $ 32,300 $ 29,171

Nature Of Operations And Summ_4

Nature Of Operations And Summary Of Significant Accounting Policies (Narrative) (Details)	12 Months Ended
	Aug. 31, 2024 USD ($) item	Aug. 31, 2023 USD ($)	Aug. 31, 2022 USD ($)
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Cash and cash equivalents	$ 48,663,000	$ 38,230,000
Capitalized costs	600,000
Capitalized curriculum development spending	6,900,000
Capitalized development costs	15,300,000	10,900,000
Foreign currency transaction gains (losses)	(100,000)	(100,000)	$ (500,000)
Advertising costs	$ 5,200,000	4,500,000	$ 4,800,000
Percent likelihood of being realized upon ultimate settlement	50%
Goodwill, impairment loss	$ 0
Number of workforce reduced \| item	50
Restructuring charges	$ 3,008,000	565,000
Restructuring liability	400,000
Restructuring Costs		600,000
Capitalized Development [Member]
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Capitalized costs	300,000
Held Outside The US By Foreign Subsidiaries [Member]
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Cash and cash equivalents	13,900,000
Covey Trade Name [Member]
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Goodwill, impairment loss	$ 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
Direct Offices [Member]
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Restructuring charges	$ 2,500,000
Education Practice [Member]
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Restructuring charges	400,000
Corporate [Member]
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Restructuring charges	$ 100,000

Nature Of Operations And Summ_5

Nature Of Operations And Summary Of Significant Accounting Policies (Components Of Inventories) (Details) - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 31, 2023
Nature Of Operations And Summary Of Significant Accounting Policies [Abstract]
Finished goods	$ 4,002	$ 4,204
Raw materials		9
Inventories	$ 4,002	$ 4,213

Nature Of Operations And Summ_6

Nature Of Operations And Summary Of Significant Accounting Policies (Components Of Other Current Assets) (Details) - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 31, 2023
Other Current Assets [Line Items]
Other current assets	$ 16,475	$ 16,238
Deferred Commissions [Member]
Other Current Assets [Line Items]
Other current assets	14,784	14,426
Other Current Assets [Member]
Other Current Assets [Line Items]
Other current assets	$ 1,691	$ 1,812

Nature Of Operations And Summ_7

Nature Of Operations And Summary Of Significant Accounting Policies (Useful Life Of Property And Equipment) (Details)	Aug. 31, 2024
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 Summ_8

Nature Of Operations And Summary Of Significant Accounting Policies (Property And Equipment) (Details) - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 31, 2023
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 68,578	$ 70,940
Less accumulated depreciation	(59,842)	(60,901)
Property and equipment	8,736	10,039
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	28,240	30,038
Machinery And Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	401	495
Computer Hardware And Software [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	29,263	28,948
Furniture, Fixtures, And Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 9,362	$ 10,147

Nature Of Operations And Summ_9

Nature Of Operations And Summary Of Significant Accounting Policies (Components Of Accrued Liabilities) (Details) - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 31, 2023
Nature Of Operations And Summary Of Significant Accounting Policies [Abstract]
Accrued compensation	$ 18,463	$ 17,974
Other accrued liabilities	13,991	10,278
Accrued liabilities	$ 32,454	$ 28,252

Revenue (Narrative) (Details)

Revenue (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
Revenue (Narrative) (Details) - USD ($) $ in Millions	Aug. 31, 2024	Aug. 31, 2023
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred revenue	$ 107.9	$ 99
Remaining performance obligations	183.1
Other Long-Term Liabilities [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred revenue	$ 6.7	3.7
Minimum [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Receivables collection period	30 days
Maximum [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Receivables collection period	150 days
Direct Sales Commissions [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Capitalized contract cost	$ 16.4	15.3
Direct Sales Commissions [Member] \| Other Current Assets [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Capitalized contract cost	14.8	14.4
Direct Sales Commissions [Member] \| Other Long-Term Liabilities [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Capitalized contract cost	1.6	0.9
Obtain Revenue Contracts [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Capitalized contract cost	20.9
Selling, General, And Administrative Expense [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Capitalized contract cost, amortized	19.8
Subscription Offerings [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred revenue	107.9
Subscription [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred revenue recognized	$ 147.9	$ 139

Accounts Receivables (Narrative

Accounts Receivables (Narrative) (Details)	12 Months Ended
Accounts Receivables (Narrative) (Details)	Aug. 31, 2024 USD ($) item	Aug. 31, 2023 item	Aug. 31, 2022 item
Accounts Receivable [Abstract]
Remaining reserve for pandemic related credit losses \| $	$ 0
Number of customer accounted for more than 10 percent of our sales or accounts receivable \| item	0	0	0

Accounts Receivables (Activity

Accounts Receivables (Activity In Allowance For Doubtful Accounts) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Accounts Receivable [Abstract]
Beginning balance	$ 3,790	$ 4,492	$ 4,643
Charged to costs and expenses	(64)	(66)	306
Deductions	(711)	(636)	(457)
Ending balance	$ 3,015	$ 3,790	$ 4,492

Intangible Assets And Goodwil_2

Intangible Assets And Goodwill (Narrative) (Details)	12 Months Ended
Intangible Assets And Goodwill (Narrative) (Details)	Aug. 31, 2024 USD ($) item	Aug. 31, 2023 USD ($)	Aug. 31, 2022 USD ($)
Finite-Lived Intangible Assets [Line Items]
Acquisition of content rights	$ 750,000
Aggregate amortization expense from definite-lived intangible assets	4,200,000	$ 4,300,000	$ 5,300,000
Accumulated impairment charges	0
Goodwill, impairment	0
Contractual Rights [Member]
Finite-Lived Intangible Assets [Line Items]
Acquisition of content rights	$ 1,500,000
Number of payment installments \| item	2
Amount of installment payments of acquired intangible assets	$ 800,000
Amortized useful life	10 years

Intangible Assets And Goodwil_3

Intangible Assets And Goodwill (Intangible Assets) (Details) - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 31, 2023
Intangible Assets [Line Items]
Finite-lived intangible assets, gross carrying amount	$ 109,141	$ 107,637
Finite-lived intangible assets, accumulated amortization	(94,375)	(90,126)
Finite-lived intangible assets, net carrying amount	14,766	17,511
Intangible assets, gross carrying amount	132,141	130,637
Intangible assets, accumulated amortization	(94,375)	(90,126)
Intangible assets, net carrying amount	37,766	40,511
Covey Trade Name [Member]
Intangible Assets [Line Items]
Indefinite-lived intangible asset, gross carrying amount	23,000	23,000
Intangible assets, net carrying amount	23,000	23,000
Acquired Content [Member]
Intangible Assets [Line Items]
Finite-lived intangible assets, gross carrying amount	49,806	49,802
Finite-lived intangible assets, accumulated amortization	(45,501)	(43,910)
Finite-lived intangible assets, net carrying amount	4,305	5,892
License Rights [Member]
Intangible Assets [Line Items]
Finite-lived intangible assets, gross carrying amount	33,258	31,758
Finite-lived intangible assets, accumulated amortization	(26,889)	(25,461)
Finite-lived intangible assets, net carrying amount	6,369	6,297
Customer Lists [Member]
Intangible Assets [Line Items]
Finite-lived intangible assets, gross carrying amount	15,982	15,982
Finite-lived intangible assets, accumulated amortization	(15,589)	(15,272)
Finite-lived intangible assets, net carrying amount	393	710
Acquired Technology [Member]
Intangible Assets [Line Items]
Finite-lived intangible assets, gross carrying amount	7,282	7,282
Finite-lived intangible assets, accumulated amortization	(3,920)	(3,200)
Finite-lived intangible assets, net carrying amount	3,362	4,082
Trade Name [Member]
Intangible Assets [Line Items]
Finite-lived intangible assets, gross carrying amount	1,883	1,883
Finite-lived intangible assets, accumulated amortization	(1,586)	(1,408)
Finite-lived intangible assets, net carrying amount	297	475
Non-Compete Agreements And Other [Member]
Intangible Assets [Line Items]
Finite-lived intangible assets, gross carrying amount	930	930
Finite-lived intangible assets, accumulated amortization	(890)	(875)
Finite-lived intangible assets, net carrying amount	$ 40	$ 55

Intangible Assets And Goodwil_4

Intangible Assets And Goodwill (Range Of Remaining Estimated Useful Lives And Weighted-Average Amortization) (Details)	12 Months Ended
	Aug. 31, 2024
License Rights [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Original Amortization Period	26 years
Acquired Content [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	12 years
Acquired Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Range of Remaining Estimated Useful Lives	5 years
Weighted Average Original Amortization Period	7 years
Trade Name [Member]
Finite-Lived Intangible Assets [Line Items]
Range of Remaining Estimated Useful Lives	2 years
Weighted Average Original Amortization Period	5 years
Non-Compete Agreements And Other [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Original Amortization Period	3 years
Minimum [Member] \| License Rights [Member]
Finite-Lived Intangible Assets [Line Items]
Range of Remaining Estimated Useful Lives	3 years
Minimum [Member] \| Acquired Content [Member]
Finite-Lived Intangible Assets [Line Items]
Range of Remaining Estimated Useful Lives	2 years
Minimum [Member] \| Non-Compete Agreements And Other [Member]
Finite-Lived Intangible Assets [Line Items]
Range of Remaining Estimated Useful Lives	3 years
Maximum [Member] \| License Rights [Member]
Finite-Lived Intangible Assets [Line Items]
Range of Remaining Estimated Useful Lives	10 years
Maximum [Member] \| Acquired Content [Member]
Finite-Lived Intangible Assets [Line Items]
Range of Remaining Estimated Useful Lives	3 years
Maximum [Member] \| Customer Lists [Member]
Finite-Lived Intangible Assets [Line Items]
Range of Remaining Estimated Useful Lives	3 years
Maximum [Member] \| Non-Compete Agreements And Other [Member]
Finite-Lived Intangible Assets [Line Items]
Range of Remaining Estimated Useful Lives	5 years

Intangible Assets And Goodwil_5

Intangible Assets And Goodwill (Amortization Expense For Intangible Assets Over The Next Five Years) (Details) $ in Thousands	Aug. 31, 2024 USD ($)
Intangible Assets And Goodwill [Abstract]
2025	$ 4,229
2026	4,144
2027	3,296
2028	1,319
2029	$ 1,076

Intangible Assets And Goodwil_6

Intangible Assets And Goodwill (Schedule Of Allocated Goodwill To Reportable Operating Segments) (Details) - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Goodwill [Line Items]
Goodwill	$ 31,220	$ 31,220	$ 31,220
Direct Offices [Member]
Goodwill [Line Items]
Goodwill		22,962	22,962
International Licensees [Member]
Goodwill [Line Items]
Goodwill		5,928	5,928
Education Practice [Member]
Goodwill [Line Items]
Goodwill		$ 2,330	$ 2,330

Secured Credit Agreement (Narra

Secured Credit Agreement (Narrative) (Details) - The 2023 Credit Agreement [Member] - USD ($)	12 Months Ended
	Aug. 31, 2024	Mar. 27, 2023
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 70,000,000
Maturity date	Mar. 27, 2028
Unused credit commitment fee	0.20%
Interest rate	6.90%
Line of credit	$ 0
Revolving Line Of Credit [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 62,500,000
Term Loan [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 7,500,000
Minimum [Member]
Debt Instrument [Line Items]
Fixed Charge Coverage Ratio	1.15
Maximum [Member]
Debt Instrument [Line Items]
Leverage Ratio	3

Secured Credit Agreement (Ratio

Secured Credit Agreement (Ratio Of Funded Debt To Adjusted EBITDA) (Details)	12 Months Ended
	Aug. 31, 2024
The 2023 Credit Agreement [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Leverage Ratio	3
Less than 1.00 [Member]
Debt Instrument [Line Items]
Debt Instrument, Description of Variable Rate Basis	SOFR plus 1.50%
Less than 1.00 [Member] \| The 2023 Credit Agreement [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.50%
Less than 1.00 [Member] \| The 2023 Credit Agreement [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Leverage Ratio	1
Between 1.00 And 2.00 [Member]
Debt Instrument [Line Items]
Debt Instrument, Description of Variable Rate Basis	SOFR plus 1.75%
Between 1.00 And 2.00 [Member] \| The 2023 Credit Agreement [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.75%
Between 1.00 And 2.00 [Member] \| The 2023 Credit Agreement [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Leverage Ratio	1
Between 1.00 And 2.00 [Member] \| The 2023 Credit Agreement [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Leverage Ratio	2
Between 2.01 And 2.50 [Member]
Debt Instrument [Line Items]
Debt Instrument, Description of Variable Rate Basis	SOFR plus 2.25%
Between 2.01 And 2.50 [Member] \| The 2023 Credit Agreement [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.25%
Between 2.01 And 2.50 [Member] \| The 2023 Credit Agreement [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Leverage Ratio	2.01
Between 2.01 And 2.50 [Member] \| The 2023 Credit Agreement [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Leverage Ratio	2.50
Greater Than 2.51 [Member]
Debt Instrument [Line Items]
Debt Instrument, Description of Variable Rate Basis	SOFR plus 2.75%
Greater Than 2.51 [Member] \| The 2023 Credit Agreement [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.75%
Greater Than 2.51 [Member] \| The 2023 Credit Agreement [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Leverage Ratio	2.51

Notes Payable (Narrative) (Deta

Notes Payable (Narrative) (Details) $ in Thousands	12 Months Ended
Notes Payable (Narrative) (Details) $ in Thousands	Aug. 31, 2024 USD ($)
Term Notes [Member] \| January, April, July, And October [Member]
Debt Instrument [Line Items]
Principal payment	$ 1,250
Strive Talent Inc. [Member]
Debt Instrument [Line Items]
Interest rate	3.60%
Strive Talent Inc. [Member] \| Strive Note [Member]
Debt Instrument [Line Items]
Principal payment	$ 800

Notes Payable (Balances And Cla

Notes Payable (Balances And Classification Of Notes Payable) (Details) - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 31, 2023
Debt Instrument [Line Items]
Current Portion of Notes Payable	$ 835	$ 5,835
Notes Payable, less Current Portion	775	1,535
Term Notes [Member]
Debt Instrument [Line Items]
Current Portion of Notes Payable		5,000
Strive Note [Member]
Debt Instrument [Line Items]
Current Portion of Notes Payable	835	835
Notes Payable, less Current Portion	$ 775	$ 1,535

Notes Payable (Future Principal

Notes Payable (Future Principal Payments By Fiscal Year) (Details) $ in Thousands	Aug. 31, 2024 USD ($)
Debt Instrument [Line Items]
2025	$ 835
2026	835
Total	1,670
Strive Note [Member]
Debt Instrument [Line Items]
2025	835
2026	835
Total	$ 1,670

Financing Obligation (Narrative

Financing Obligation (Narrative) (Details) $ in Millions	12 Months Ended
Financing Obligation (Narrative) (Details) $ in Millions	Aug. 31, 2024 USD ($) item
Financing Obligation [Abstract]
Term of master lease agreement	20 years
Number of renewal options \| item	6
Renewal term	5 years
Remaining lease term	50 years
Difference between the carrying value and the present value of the financing obligation \| $	$ 1.3

Financing Obligation (Financing

Financing Obligation (Financing Obligation) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023
Financing Obligation [Abstract]
Financing obligation payable	$ 4,424	$ 7,962
Less current portion	(3,112)	(3,538)
Financing obligation, less current portion	1,312	$ 4,424
Monthly payment of financing obligation	$ 341
Annual increase to base payment	2%
Imputed interest	7.70%
Expiration date	June 2025

Financing Obligation (Future Mi

Financing Obligation (Future Minimum Payments Under The Financing Obligation) (Details) $ in Thousands	Aug. 31, 2024 USD ($)
Financing Obligation [Abstract]
2025	$ 3,301
Thereafter
Total future minimum financing obligation payments	3,301
Less interest	(189)
Present value of future minimum financing obligation payments	$ 3,112

Leases (Narrative) (Details)

Leases (Narrative) (Details) - USD ($) $ in Millions	10 Months Ended	12 Months Ended
Leases (Narrative) (Details) - USD ($) $ in Millions	Jun. 30, 2025	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Lessee, Lease, Description [Line Items]
Lease expense associated with operating leases		$ 1.1	$ 1.2	$ 1.5
Right-of-use operating lease assets obtained in exchange for operating lease liabilities		1.1
Sublease revenue		$ 1.9	$ 2.4	$ 3.9
Scenario, Forecast [Member]
Lessee, Lease, Description [Line Items]
Sublease revenue	$ 1.5
Minimum [Member]
Lessee, Lease, Description [Line Items]
Remaining operating lease term		1 year
Maximum [Member]
Lessee, Lease, Description [Line Items]
Remaining operating lease term		4 years
Corporate Campus [Member]
Lessee, Lease, Description [Line Items]
Cost basis		$ 36.6
Carrying value		$ 2

Leases (Assets And Liabilities

Leases (Assets And Liabilities Related To Operating Leases) (Details) $ in Thousands	Aug. 31, 2024 USD ($)
Assets:
Operating lease right of use assets	$ 1,140
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Other Assets, Noncurrent
Liabilities:
Current: Operating lease liabilities	$ 509
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Accrued Liabilities, Current
Long-Term: Operating lease liabilities	$ 631
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Other Liabilities, Noncurrent
Operating lease liabilities	$ 1,140
Weighted Average Remaining Lease Term: Operating leases (years)	2 years 4 months 24 days
Weighted Average Discount Rate: Operating leases	6.70%

Leases (Future Minimum Lease Pa

Leases (Future Minimum Lease Payments Under Operating Leases) (Details) $ in Thousands	Aug. 31, 2024 USD ($)
Leases [Abstract]
2025	$ 568
2026	409
2027	255
2028	7
2029
Thereafter
Total operating lease payments	1,239
Less imputed interest	(99)
Present value of operating lease liabilities	$ 1,140

Commitments And Contingencies (

Commitments And Contingencies (Narrative) (Details) - USD ($) $ in Thousands		12 Months Ended
	Oct. 01, 2020	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Loss Contingencies [Line Items]
HPE outsourcing contract, fixed charge per month	$ 106
HPE outsourcing contract, expiration date		Jul. 01, 2025
HPE outsourcing contract, expense		$ 2,200	$ 2,700	$ 2,500
Cost of revenue		66,161	67,031	60,929
Purchase commitments		4,200
Amount drawn on letters of credit		0	0
Financial Standby Letter of Credit [Member]
Loss Contingencies [Line Items]
Letter of credit		10	10
Cargo And Freight [Member]
Loss Contingencies [Line Items]
Cost of revenue		$ 1,500	$ 1,900	$ 1,700

Shareholders' Equity (Narrative

Shareholders' Equity (Narrative) (Details) $ in Thousands		12 Months Ended
Shareholders' Equity (Narrative) (Details) $ in Thousands	Feb. 14, 2023 shares	Aug. 31, 2024 USD ($) shares	Aug. 31, 2023 USD ($) shares	Aug. 31, 2022 USD ($) shares
Class of Stock [Line Items]
Excise tax, percent		1
Shares of preferred stock authorized for issuance		14,000,000
Preferred stock issued			0	0
Preferred stock outstanding		0	0
Purchase of treasury shares \| $		$ 30,749	$ 35,555	$ 23,850
Open market purchases, Shares	50,000,000	524,548	867,873	499,411
Open market purchases, Cost \| $		$ 20,416	$ 34,720	$ 20,315
Open Market Purchases [Member]
Class of Stock [Line Items]
Purchase of treasury shares \| $		$ 20,400
Open market purchases, Shares		524,548
Upon Approval of Purchase Plan [Member]
Class of Stock [Line Items]
Purchase of treasury shares \| $		$ 4,900
Open market purchases, Shares		127,252

Shareholders' Equity (Summary O

Shareholders' Equity (Summary Of Purchases Of Common Stock) (Details) - USD ($) $ in Thousands		12 Months Ended
	Feb. 14, 2023	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Purchases Of Common Stock For Treasury [Abstract]
Open market purchases, Shares	50,000,000	524,548	867,873	499,411
Shares withheld on awards, Shares		251,686	17,639	86,125
Purchase of treasury shares, Shares		776,234	885,512	585,536
Open market purchases, Cost		$ 20,416	$ 34,720	$ 20,315
Shares withheld on awards, Cost		10,333	835	3,535
Purchase of treasury shares, Cost		$ 30,749	$ 35,555	$ 23,850

Fair Value Of Financial Instr_2

Fair Value Of Financial Instruments (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Aug. 31, 2023	Jul. 11, 2017
Contingent consideration payment classified as investing activities	$ 0.7
Jhana [Member]
Contingent consideration		$ 7.2

Stock-Based Compensation Plan_2

Stock-Based Compensation Plans (Narrative) (Details) $ in Thousands			12 Months Ended
	Jan. 14, 2022 shares	Oct. 02, 2020 USD ($) item	Aug. 31, 2024 USD ($) item shares	Aug. 31, 2023 USD ($) item shares	Aug. 31, 2022 USD ($) item shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Capitalized stock-based compensation expense			$ 0	$ 0	$ 0
Common stock issued from treasury stock \| shares			666,440
Shares withheld for tax \| shares			251,686	17,639	86,125
Shares withheld for tax, fair value			$ 10,300
Compensation cost			10,142	$ 12,520	$ 8,286
Fiscal 2021 Acquisition Of Strive Talent Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost			$ 2,200
Fiscal 2021 Acquisition Of Strive Talent Plan [Member] \| Bonus [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Service period			18 months
Compensation			$ 1,000
Compensation cost			800
Former Principal Owner [Member] \| Fiscal 2021 Acquisition Of Strive Talent Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation			$ 4,200
Trading days			15 days
Shares required to be distributed within, days			45 days
Contingent consideration period			5 years
Common Stock [Member] \| Omnibus Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares reserved for payment of consideration \| shares			200,000
Performance Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense			$ 13,100
Weighted-average vesting period for recognition			1 year 7 months 6 days
Service period		2 years
Compensation cost			$ 8,275	$ 10,767	$ 6,133
Increase adjusted EBITDA vesting target		$ 2,000
Number of impacted associates apart of compensation plan modification \| item		20
Number of individuals who qualified for award \| item			5	3	3
Performance Award [Member] \| Omnibus Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Authorized additional shares of common stock for issuance \| shares	1,000,000
Shares available for future grants \| shares			307,000
Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost			$ 252	$ 269	$ 239
Price of common stock as a percent of the average fair market value			85%
Shares issued to employee stock purchase plan participants \| shares			44,040	40,141	36,960
Proceeds from Issuance of Shares under Incentive and Share-based Compensation Plans, Excluding Stock Options			$ 1,500		$ 1,300
Cost basis of shares issued to employee stock purchase plan participants			$ 800	$ 700	600
Employee Stock Purchase Plan [Member] \| 2017 Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares remaining in employee stock purchase plan \| shares			689,000
Unvested Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense			$ 300
Weighted-average vesting period for recognition			4 months
Vesting period of awards			1 year
Compensation cost			$ 880	700	673
Intrinsic value of unvested stock awards			900
Whole-share grant per eligible director			120
Total recognized tax benefit from unvested stock awards			200	200	200
Issuance of common stock from treasury			400	300	200
Unvested Stock Awards [Member] \| Board Of Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of shares awarded			$ 1,000	$ 700	$ 700
Shares issued under terms of the award \| shares			23,136	15,882	13,260
Long-Term Incentive Plans [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of tranches \| item			2
Vesting period of awards			3 years
Measurement period			3 years
Long-Term Incentive Plans [Member] \| Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent of award shares vest			100%
Long-Term Incentive Plans [Member] \| Minimum [Member] \| Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent of award shares vest			50%
Long-Term Incentive Plans [Member] \| Maximum [Member] \| Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent of award shares vest			200%
Long-Term Incentive And Retention Equity Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of awards			3 years
Percent of shares which will vest			33.33%
Shares issued under terms of the award \| shares			48,740	40,009

Stock-Based Compensation Plan_3

Stock-Based Compensation Plans (Total Cost Of Stock-Based Compensation) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost	$ 10,142	$ 12,520	$ 8,286
Performance Award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost	8,275	10,767	6,133
Strive Acquisition Compensation [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost	660	739	1,196
Unvested Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost	880	700	673
Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost	252	269	239
Fully Vested Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost	$ 75	$ 45	$ 45

Stock-Based Compensation Plan_4

Stock-Based Compensation Plans (Summary Of LTIP Awards Outstanding) (Details) - Long-Term Incentive Plans [Member] - shares	Oct. 06, 2023	Oct. 14, 2022	Feb. 04, 2022	Oct. 18, 2019
2024 LTIP [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares	26,749
Qualified Adjusted EBITDA Shares, Minimum	40,114
Qualified Adjusted EBITDA Shares, Target	80,217
Qualified Adjusted EBITDA Shares, Maximum	160,434
End Of Service Period	Aug. 31, 2026
2023 LTIP [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares		25,767
Qualified Adjusted EBITDA Shares, Minimum		38,646
Qualified Adjusted EBITDA Shares, Target		77,275
Qualified Adjusted EBITDA Shares, Maximum		154,550
End Of Service Period		Aug. 31, 2025
2022 LTIP [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares			23,764
Qualified Adjusted EBITDA Shares, Minimum			35,638
Qualified Adjusted EBITDA Shares, Target			71,275
Qualified Adjusted EBITDA Shares, Maximum			142,550
End Of Service Period			Aug. 31, 2024
2020 LTIP [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares				23,701
Qualified Adjusted EBITDA Shares, Minimum				24,705
Qualified Adjusted EBITDA Shares, Target				49,410
Qualified Adjusted EBITDA Shares, Maximum				98,820
Subscription Sales				42,347
End Of Service Period				Aug. 31, 2024

Stock-Based Compensation Plan_5

Stock-Based Compensation Plans (Unvested Stock Award) (Details) - Unvested Stock Awards [Member]	12 Months Ended
	Aug. 31, 2024 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unvested stock awards, Number of Shares \| shares	15,882
Granted, Number of Shares \| shares	23,136
Forfeited, Number of Shares \| shares
Vested, Number of Shares \| shares	(15,882)
Unvested stock awards, Number of Shares \| shares	23,136
Restricted stock awards, Weighted-Average Grant Date Fair Value Per Share \| $ / shares	$ 45.34
Granted, Weighted-Average Grant Date Fair Value Per Share \| $ / shares	41.50
Forfeited, Weighted-Average Grant Date Fair Value Per Share \| $ / shares
Vested, Weighted-Average Grant Date Fair Value Per Share \| $ / shares	45.34
Restricted stock awards, Weighted-Average Grant Date Fair Value Per Share \| $ / shares	$ 41.50

Employee Benefit Plans (Narrati

Employee Benefit Plans (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Employee Benefit Plans [Abstract]
Maximum percent of gross wages employees may contribute	75%
Matching contributions	$ 2.9	$ 3	$ 2.7

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($)	12 Months Ended
Income Taxes (Narrative) (Details) - USD ($)	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022	Aug. 31, 2021
Income Taxes [Line Items]
Income tax provision	$ (9,644,000)	$ (8,088,000)	$ (3,634,000)
Income before income taxes	33,046,000	25,869,000	22,064,000
Tax expense for non-deductible executive compensation	$ 3,200,000	$ 900,000	$ 1,200,000
Income tax rate	(29.20%)	(31.30%)	(16.50%)
Effective tax rate	21%	21%	21%
GILTI tax benefit	$ 0	$ 200,000
Operating loss carryforwards	3,731,000
Foreign tax credits	1,100,000
Valuation allowance, deferred tax asset, increase (decrease), amount	(1,154,000)	372,000	$ 2,845,000
Total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate	1,300,000
Increase (decrease) in income tax expense due to interest and penalties related to uncertain tax positions	100,000
Unrecognized tax benefits	1,639,000	1,618,000	$ 1,597,000	$ 1,594,000
Balance of interest and penalties related to uncertain tax positions	400,000
Tax differential on income subject to both U.S. and foreign taxes	500,000	400,000
Utilized US foreign income tax credit carryforward	4,500,000
Stock-Based Compensation Deductions [Member]
Income Taxes [Line Items]
Income tax provision	2,600,000	$ 600,000
United States – State And Local Income Tax [Member]
Income Taxes [Line Items]
Operating loss carryforwards	1,000,000
Foreign Tax [Member]
Income Taxes [Line Items]
Tax credit carryforward, amount	$ 0

Income Taxes (Provision For Inc

Income Taxes (Provision For Income Taxes From Continuing Operations) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Income Taxes [Abstract]
Current, Federal	$ (4,040)
Current, State	(1,675)	$ (791)	$ (1,221)
Current, Foreign	(2,174)	(2,389)	(2,202)
Current	(7,889)	(3,180)	(3,423)
Deferred, Federal	2,309	1,545	(9,339)
Deferred, State	730	225	(889)
Deferred, Foreign	(395)	216	24
Operating loss carryforward	(3,245)	(7,201)	7,150
Valuation allowance	(1,154)	372	2,845
Foreign tax credit carryforward reduction		(65)	(2)
Deferred	(1,755)	(4,908)	(211)
Provision (benefit) for income taxes from continuing operations	$ (9,644)	$ (8,088)	$ (3,634)

Income Taxes (Allocation Of Tot

Income Taxes (Allocation Of Total Income Tax Provision) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Income Taxes [Abstract]
Net income	$ (9,644)	$ (8,088)	$ (3,634)
Other comprehensive income	(11)	(80)	176
Total income tax provision	$ (9,655)	$ (8,168)	$ (3,458)

Income Taxes (Income From Conti

Income Taxes (Income From Continuing Operations Before Income Taxes) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Income Taxes [Abstract]
United States	$ 32,456	$ 23,574	$ 21,152
Foreign	590	2,295	912
Income before income taxes	$ 33,046	$ 25,869	$ 22,064

Income Taxes (Differences Betwe

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, 2024	Aug. 31, 2023	Aug. 31, 2022
Income Taxes [Abstract]
Federal statutory income tax rate	(21.00%)	(21.00%)	(21.00%)
State income taxes, net of federal effect	(4.00%)	(4.70%)	(3.90%)
Valuation allowance	(3.50%)	1.40%	12.90%
Foreign tax credit carryforward reduction		(0.30%)
Foreign jurisdictions tax differential	0.10%	(0.20%)	(1.10%)
Tax differential on income subject to both U.S. and foreign taxes	1.50%	(1.40%)	(0.20%)
Uncertain tax positions	(0.30%)	(0.90%)	(0.80%)
Non-deductible executive compensation	(9.70%)	(3.60%)	(5.50%)
Non-deductible meals and entertainment	(0.80%)	(0.70%)	(0.10%)
Other stock-based compensation	7.70%	(0.40%)	2.50%
Other	0.80%	0.50%	0.70%
Income tax rate	(29.20%)	(31.30%)	(16.50%)

Income Taxes (Significant Compo

Income Taxes (Significant Components Of Deferred Tax Assets And Liabilities) (Details) - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022	Aug. 31, 2021
Income Taxes [Abstract]
Stock-based compensation	$ 3,760	$ 4,222
Net operating loss carryforward	3,447	6,505
Foreign income tax credit carryforward		4,253
Deferred revenue	2,970	1,677
Capitalized development costs	2,156	1,236
Bonus and other accruals	1,317	1,517
Sale and financing of corporate headquarters	1,041	1,899
Inventory and bad debt reserves	923	1,094
Self-constructed tangible assets	404
Other	174	458
Total deferred income tax assets	16,192	22,861
Less: valuation allowance	(2,467)	(1,313)	$ (1,685)	$ (4,530)
Net deferred income tax assets	13,725	21,548
Intangibles step-ups - indefinite lived	(5,433)	(5,522)
Intangibles step-ups - finite lived	(1,873)	(2,541)
Self-constructed tangible assets		(5,476)
Intangible asset amortization	(4,217)	(4,189)
Deferred commissions	(3,827)	(3,598)
Unremitted earnings of foreign subsidiaries	(505)	(521)
Property and equipment depreciation	(132)	(80)
Total deferred income tax liabilities	(15,987)	(21,927)
Net deferred income tax liability	$ (2,262)	$ (379)

Income Taxes (Deferred Income T

Income Taxes (Deferred Income Tax Amounts Recorded On The Consolidated Balance Sheets) (Details) - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 31, 2023
Income Taxes [Abstract]
Long-term assets	$ 870	$ 1,661
Long-term liabilities	(3,132)	(2,040)
Net deferred income tax liability	$ (2,262)	$ (379)

Income Taxes (Summary Of Operat

Income Taxes (Summary Of Operating Loss Carryforwards) (Details) $ in Thousands	12 Months Ended
	Aug. 31, 2024 USD ($)
Operating Loss Carryforwards [Line Items]
Amount	$ 50,158
Loss Deductions in Prior Years	(32,163)
Loss Deductions in Current Year	(14,264)
Operating Loss Carried Forward	3,731
Acquired NOL - Jhana [Member]
Operating Loss Carryforwards [Line Items]
Amount	5,660
Loss Deductions in Prior Years	(2,400)
Loss Deductions in Current Year	(215)
Operating Loss Carried Forward	3,045
Acquired NOL - Strive [Member]
Operating Loss Carryforwards [Line Items]
Amount	3,502
Loss Deductions in Prior Years	(1,976)
Loss Deductions in Current Year	(840)
Operating Loss Carried Forward	$ 686
Tax Year 2015 [Member] \| Acquired NOL - Jhana [Member]
Operating Loss Carryforwards [Line Items]
Loss Carryforward Expires	Aug. 31, 2034
Amount	$ 1,491
Loss Deductions in Prior Years	(1,491)
Operating Loss Carried Forward
Tax Year 2016 [Member] \| Acquired NOL - Jhana [Member]
Operating Loss Carryforwards [Line Items]
Loss Carryforward Expires	Aug. 31, 2035
Amount	$ 3,052
Loss Deductions in Prior Years	(909)
Loss Deductions in Current Year	(215)
Operating Loss Carried Forward	$ 1,928
July 15, 2017 [Member] \| Acquired NOL - Jhana [Member]
Operating Loss Carryforwards [Line Items]
Loss Carryforward Expires	Aug. 31, 2036
Amount	$ 1,117
Loss Deductions in Prior Years
Operating Loss Carried Forward	$ 1,117
Tax Year 2018 [Member] \| Acquired NOL - Strive [Member]
Operating Loss Carryforwards [Line Items]
Loss Carryforward Expires	No Expiration
Amount	$ 947
Loss Deductions in Prior Years	(947)
Operating Loss Carried Forward
Tax Year 2019 [Member] \| Acquired NOL - Strive [Member]
Operating Loss Carryforwards [Line Items]
Loss Carryforward Expires	No Expiration
Amount	$ 869
Loss Deductions in Prior Years	(869)
Operating Loss Carried Forward
Tax Year 2020 [Member] \| Acquired NOL - Strive [Member]
Operating Loss Carryforwards [Line Items]
Loss Carryforward Expires	No Expiration
Amount	$ 1,133
Loss Deductions in Prior Years	(160)
Loss Deductions in Current Year	(840)
Operating Loss Carried Forward	$ 133
April 25, 2021 [Member] \| Acquired NOL - Strive [Member]
Operating Loss Carryforwards [Line Items]
Loss Carryforward Expires	No Expiration
Amount	$ 553
Loss Deductions in Prior Years
Operating Loss Carried Forward	$ 553
August 31, 2022 [Member] \| Acquired NOL - Strive [Member]
Operating Loss Carryforwards [Line Items]
Loss Carryforward Expires	No Expiration
Amount	$ 40,996
Loss Deductions in Prior Years	(27,787)
Loss Deductions in Current Year	(13,209)
Operating Loss Carried Forward

Income Taxes (Activity In Defer

Income Taxes (Activity In Deferred Income Tax Asset Valuation Allowance) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Income Taxes [Abstract]
Beginning balance	$ 1,313	$ 1,685	$ 4,530
Charged to costs and expenses	1,250	212	683
Deductions	(96)	(584)	(3,528)
Ending balance	$ 2,467	$ 1,313	$ 1,685

Income Taxes (Reconciliation Of

Income Taxes (Reconciliation Of The Beginning And Ending Amount Of Gross Unrecognized Tax Benefits) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Income Taxes [Abstract]
Beginning balance	$ 1,618	$ 1,597	$ 1,594
Additions based on tax positions related to the current year	491	188	77
Additions for tax positions in prior years	73	290	207
Reductions for tax positions of prior years resulting from the lapse of applicable statute of limitations	(255)	(186)
Other reductions for tax positions of prior years	(288)	(271)	(281)
Ending balance	$ 1,639	$ 1,618	$ 1,597

Income Taxes (Tax Years That Re

Income Taxes (Tax Years That Remain Subject To Examinations For Major Tax Jurisdictions) (Details)	12 Months Ended
	Aug. 31, 2024
Australia, Canada, And Japan [Member] \| Minimum [Member]
Income Tax Examination [Line Items]
Tax years that remain subject to examinations	2017
Australia, Canada, And Japan [Member] \| Maximum [Member]
Income Tax Examination [Line Items]
Tax years that remain subject to examinations	2024
Germany, Switzerland, And Austria [Member] \| Minimum [Member]
Income Tax Examination [Line Items]
Tax years that remain subject to examinations	2019
Germany, Switzerland, And Austria [Member] \| Maximum [Member]
Income Tax Examination [Line Items]
Tax years that remain subject to examinations	2024
China [Member] \| Minimum [Member]
Income Tax Examination [Line Items]
Tax years that remain subject to examinations	2016
China [Member] \| Maximum [Member]
Income Tax Examination [Line Items]
Tax years that remain subject to examinations	2024
United Kingdom And Singapore [Member] \| Minimum [Member]
Income Tax Examination [Line Items]
Tax years that remain subject to examinations	2020
United Kingdom And Singapore [Member] \| Maximum [Member]
Income Tax Examination [Line Items]
Tax years that remain subject to examinations	2024
United States – State And Local Income Tax [Member] \| Minimum [Member]
Income Tax Examination [Line Items]
Tax years that remain subject to examinations	2020
United States – State And Local Income Tax [Member] \| Maximum [Member]
Income Tax Examination [Line Items]
Tax years that remain subject to examinations	2024
United States – Federal Income Tax [Member] \| Minimum [Member]
Income Tax Examination [Line Items]
Tax years that remain subject to examinations	2021
United States – Federal Income Tax [Member] \| Maximum [Member]
Income Tax Examination [Line Items]
Tax years that remain subject to examinations	2024

Earnings Per Share (Computation

Earnings Per Share (Computation Of Net Income Per Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Numerator for basic and diluted income per share:
Net income	$ 23,402	$ 17,781	$ 18,430
Denominator for basic and diluted income per share:
Basic weighted average shares outstanding	13,171	13,640	14,147
Effect of dilutive securities:
Stock-based compensation awards	301	659	408
Diluted weighted average shares outstanding	13,472	14,299	14,555
EPS Calculations:
Net income per share: Basic	$ 1.78	$ 1.30	$ 1.30
Net income per share: Diluted	$ 1.74	$ 1.24	$ 1.27

Segment Information (Narrative)

Segment Information (Narrative) (Details)	12 Months Ended
Segment Information (Narrative) (Details)	Aug. 31, 2024 segment
Segment Information [Abstract]
Number of operating reportable segments	3

Segment Information (Schedule O

Segment Information (Schedule Of Segment Operations) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Segment Reporting Information [Line Items]
Sales to External Customers	$ 287,233	$ 280,521	$ 262,841
Gross Profit	221,072	213,490	201,912
Adjusted EBITDA	55,273	48,066	42,197
Operating Segments [Member]
Segment Reporting Information [Line Items]
Adjusted EBITDA	65,545	57,498	50,869
Operating Segments [Member] \| Enterprise Division [Member]
Segment Reporting Information [Line Items]
Sales to External Customers	208,839	205,666	194,396
Gross Profit	172,401	167,422	157,433
Adjusted EBITDA	56,023	50,072	42,461
Operating Segments [Member] \| Education Practice [Member]
Segment Reporting Information [Line Items]
Sales to External Customers	73,519	69,736	61,852
Gross Profit	47,149	44,418	41,206
Adjusted EBITDA	9,522	7,426	8,408
Operating Segments [Member] \| Direct Offices [Member] \| Enterprise Division [Member]
Segment Reporting Information [Line Items]
Sales to External Customers	197,610	194,021	183,845
Gross Profit	162,430	156,915	148,051
Adjusted EBITDA	50,376	44,198	37,497
Operating Segments [Member] \| International Licensees [Member] \| Enterprise Division [Member]
Segment Reporting Information [Line Items]
Sales to External Customers	11,229	11,645	10,551
Gross Profit	9,971	10,507	9,382
Adjusted EBITDA	5,647	5,874	4,964
Corporate And Eliminations [Member]
Segment Reporting Information [Line Items]
Sales to External Customers	4,875	5,119	6,593
Gross Profit	1,522	1,650	3,273
Adjusted EBITDA	$ (10,272)	$ (9,432)	$ (8,672)

Segment Information (Reconcilia

Segment Information (Reconciliation Of Adjusted EBITDA) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Segment Reporting Information [Line Items]
Consolidated Adjusted EBITDA	$ 55,273	$ 48,066	$ 42,197
Stock-based compensation	(10,142)	(12,520)	(8,286)
Increase in contingent consideration liabilities		(7)	(68)
Restructuring costs	(3,008)	(565)
Impaired asset	(928)
Depreciation	(3,905)	(4,271)	(4,903)
Amortization	(4,248)	(4,342)	(5,266)
Income from operations	33,042	26,361	23,674
Interest income	1,123	1,091	65
Interest expense	(1,119)	(1,583)	(1,675)
Income before income taxes	33,046	25,869	22,064
Income tax provision	(9,644)	(8,088)	(3,634)
Net income	23,402	17,781	18,430
Operating Segments [Member]
Segment Reporting Information [Line Items]
Consolidated Adjusted EBITDA	65,545	57,498	50,869
Corporate And Eliminations [Member]
Segment Reporting Information [Line Items]
Consolidated Adjusted EBITDA	$ (10,272)	$ (9,432)	$ (8,672)

Segment Information (Schedule_2

Segment Information (Schedule Of Revenue Disaggregated By Geographic Region) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Disaggregation of Revenue [Line Items]
Revenue	$ 287,233	$ 280,521	$ 262,841
Americas [Member]
Disaggregation of Revenue [Line Items]
Revenue	242,494	233,479	218,863
Asia Pacific [Member]
Disaggregation of Revenue [Line Items]
Revenue	26,845	28,640	26,835
Europe/Middle East/Africa [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ 17,894	$ 18,402	$ 17,143

Segment Information (Schedule_3

Segment Information (Schedule Of Revenue Disaggregated By Type Of Service) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Disaggregation of Revenue [Line Items]
Revenue	$ 287,233	$ 280,521	$ 262,841
Services And Products [Member]
Disaggregation of Revenue [Line Items]
Revenue	118,532	120,931	118,887
Subscriptions [Member]
Disaggregation of Revenue [Line Items]
Revenue	147,921	138,981	123,373
Royalties [Member]
Disaggregation of Revenue [Line Items]
Revenue	17,157	16,740	15,182
Leases And Other [Member]
Disaggregation of Revenue [Line Items]
Revenue	3,623	3,869	5,399
Operating Segments [Member] \| Enterprise Division [Member]
Disaggregation of Revenue [Line Items]
Revenue	208,839	205,666	194,396
Operating Segments [Member] \| Education Practice [Member]
Disaggregation of Revenue [Line Items]
Revenue	73,519	69,736	61,852
Operating Segments [Member] \| Direct Offices [Member] \| Enterprise Division [Member]
Disaggregation of Revenue [Line Items]
Revenue	197,610	194,021	183,845
Operating Segments [Member] \| International Licensees [Member] \| Enterprise Division [Member]
Disaggregation of Revenue [Line Items]
Revenue	11,229	11,645	10,551
Operating Segments [Member] \| Services And Products [Member] \| Enterprise Division [Member]
Disaggregation of Revenue [Line Items]
Revenue	90,185	94,128	93,753
Operating Segments [Member] \| Services And Products [Member] \| Education Practice [Member]
Disaggregation of Revenue [Line Items]
Revenue	28,347	26,803	25,134
Operating Segments [Member] \| Services And Products [Member] \| Direct Offices [Member] \| Enterprise Division [Member]
Disaggregation of Revenue [Line Items]
Revenue	89,774	93,700	93,324
Operating Segments [Member] \| Services And Products [Member] \| International Licensees [Member] \| Enterprise Division [Member]
Disaggregation of Revenue [Line Items]
Revenue	411	428	429
Operating Segments [Member] \| Subscriptions [Member] \| Enterprise Division [Member]
Disaggregation of Revenue [Line Items]
Revenue	106,316	99,319	89,336
Operating Segments [Member] \| Subscriptions [Member] \| Education Practice [Member]
Disaggregation of Revenue [Line Items]
Revenue	41,605	39,662	34,037
Operating Segments [Member] \| Subscriptions [Member] \| Direct Offices [Member] \| Enterprise Division [Member]
Disaggregation of Revenue [Line Items]
Revenue	105,071	97,992	88,055
Operating Segments [Member] \| Subscriptions [Member] \| International Licensees [Member] \| Enterprise Division [Member]
Disaggregation of Revenue [Line Items]
Revenue	1,245	1,327	1,281
Operating Segments [Member] \| Royalties [Member] \| Enterprise Division [Member]
Disaggregation of Revenue [Line Items]
Revenue	12,338	12,219	11,307
Operating Segments [Member] \| Royalties [Member] \| Education Practice [Member]
Disaggregation of Revenue [Line Items]
Revenue	3,567	3,271	2,681
Operating Segments [Member] \| Royalties [Member] \| Direct Offices [Member] \| Enterprise Division [Member]
Disaggregation of Revenue [Line Items]
Revenue	2,765	2,329	2,466
Operating Segments [Member] \| Royalties [Member] \| International Licensees [Member] \| Enterprise Division [Member]
Disaggregation of Revenue [Line Items]
Revenue	9,573	9,890	8,841
Corporate And Eliminations [Member]
Disaggregation of Revenue [Line Items]
Revenue	4,875	5,119	6,593
Corporate And Eliminations [Member] \| Royalties [Member]
Disaggregation of Revenue [Line Items]
Revenue	1,252	1,250	1,194
Corporate And Eliminations [Member] \| Leases And Other [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ 3,623	$ 3,869	$ 5,399

Segment Information (Long-Lived

Segment Information (Long-Lived Assets By Country) (Details) - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 31, 2023
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-Lived Assets	$ 32,300	$ 29,171
United States/Canada [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-Lived Assets	28,552	25,538
China [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-Lived Assets	1,860	1,504
Japan [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-Lived Assets	831	1,024
United Kingdom [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-Lived Assets	712	782
Australia [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-Lived Assets	230	100
Germany, Switzerland, And Austria [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-Lived Assets	$ 115	$ 223

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Related Party Transaction [Line Items]
Accrued liabilities	$ 32,454	$ 28,252
Brother Of Member Of Executive Management Team [Member]
Related Party Transaction [Line Items]
Payable to FCOP		200	$ 300
Executive Officer [Member]
Related Party Transaction [Line Items]
Royalty payments	100	100	100
Accrued liabilities	100	100
Intellectual Property [Member] \| Stephen M.R. Covey [Member]
Related Party Transaction [Line Items]
Royalty payments	1,700	1,700	1,800
Speaking Fees [Member] \| Son Of The Former Vice-Chairman Of The Board Of Directors [Member]
Related Party Transaction [Line Items]
Royalty payments	1,000	1,400	$ 800
Accrued royalties payable	$ 300	$ 300

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Aug. 31, 2024
Insider Trading Arrangements [Line Items]
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false