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Document And Entity Information - shares	6 Months Ended
Mar. 01, 2014	Mar. 31, 2014
Document And Entity Information [Abstract]
Document Type	10-Q
Document Period End Date	Mar. 01, 2014
Amendment Flag	false
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2014
Entity Registrant Name	FRANKLIN COVEY CO
Entity Central Index Key	0000886206
Current Fiscal Year End Date	--08-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		16,754,889

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 01, 2014	Aug. 31, 2013
Current assets:
Cash and cash equivalents	$ 7,188	$ 12,291
Accounts receivable, less allowance for doubtful accounts of $670 and $982	45,099	52,684
Receivable from related party	122	3,305
Inventories	5,326	4,321
Deferred income tax assets	4,669	4,685
Prepaid expenses and other current assets	4,464	3,822
Total current assets	66,868	81,108
Property and equipment, net	17,255	17,180
Intangible assets, net	59,123	60,654
Goodwill	16,135	16,135
Long-term receivable from related party	4,893	4,453
Other long-term assets	14,440	9,875
Total assets	178,714	189,405
Current liabilities:
Current portion of financing obligation	1,217	1,139
Accounts payable	9,566	9,294
Income taxes payable	112	1,365
Accrued liabilities	18,601	31,140
Total current liabilities	29,496	42,938
Financing obligation, less current portion	26,746	27,376
Other liabilities	5,620	6,106
Deferred income tax liabilities	7,416	6,479
Total liabilities	69,278	82,899
Shareholders' equity:
Common stock, $.05 par value; 40,000 shares authorized, 27,056 shares issued	1,353	1,353
Additional paid-in capital	205,237	210,227
Retained earnings	44,119	40,429
Accumulated other comprehensive income	1,634	1,686
Treasury stock at cost, 10,378 shares and 10,759 shares	(142,907)	(147,189)
Total shareholders' equity	109,436	106,506
Total liabilities and shareholders' equity	$ 178,714	$ 189,405

Condensed Consolidated Income Statements And Statements Of Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 01, 2014	Mar. 02, 2013	Mar. 01, 2014	Mar. 02, 2013
Net sales:
Training and consulting services	$ 43,683	$ 37,744	$ 85,018	$ 78,807
Products	1,747	1,624	3,073	3,567
Leasing	1,076	1,062	1,833	2,117
Total net sales	46,506	40,430	89,924	84,491
Cost of sales:
Training and consulting services	14,035	11,939	26,449	25,528
Products	576	746	1,083	1,171
Leasing	484	461	951	949
Total cost of sales	15,095	13,146	28,483	27,648
Gross profit	31,411	27,284	61,441	56,843
Selling, general, and administrative	25,707	22,691	50,458	45,634
Depreciation	816	722	1,601	1,423
Amortization	989	619	1,978	1,241
Income from operations	3,899	3,252	7,404	8,545
Interest income	109	150	252	288
Interest expense	(559)	(598)	(1,119)	(1,188)
Discount on related party receivable	(142)	(135)	(283)	(283)
Income before income taxes	3,307	2,669	6,254	7,362
Provision for income taxes	(1,336)	(1,077)	(2,564)	(2,873)
Net income	$ 1,971	$ 1,592	$ 3,690	$ 4,489
Net income per share:
Basic	$ 0.12	$ 0.09	$ 0.22	$ 0.24
Diluted	$ 0.12	$ 0.08	$ 0.22	$ 0.23
Weighted average number of common shares:
Basic	16,717	18,550	16,640	18,356
Diluted	16,926	19,709	16,892	19,493
COMPREHENSIVE INCOME
Net income	$ 1,971	$ 1,592	$ 3,690	$ 4,489
Foreign currency translation adjustments, net of tax	26	(681)	(52)	(939)
Comprehensive income	$ 1,997	$ 911	$ 3,638	$ 3,550

Condensed Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Mar. 01, 2014	Mar. 02, 2013
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 3,690	$ 4,489
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	3,579	2,668
Share-based compensation expense	2,244	1,445
Amortization of capitalized curriculum costs	1,051	958
Deferred income taxes	963	(138)
Reduction in estimated earnout liability	(587)
Changes in assets and liabilities:
Decrease in accounts receivable, net	7,113	5,976
Decrease (increase) in inventories	(1,018)	204
Decrease in receivable from related party	2,743	2,489
Increase in prepaid expenses and other assets	(475)	(986)
Decrease in accounts payable and accrued liabilities	(9,838)	(7,323)
Decrease in income taxes payable	(1,267)	(97)
Increase in other long-term liabilities	108	494
Net cash provided by operating activities	8,306	10,179
CASH FLOWS FROM INVESTING ACTIVITIES
Curriculum development costs	(5,714)	(1,061)
Purchases of property and equipment	(1,720)	(1,432)
Acquisition of business	(2,250)
Net cash used for investing activities	(9,684)	(2,493)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from line of credit borrowings	7,375
Payments on line of credit borrowings	(7,375)
Principal payments on notes payable financing		(1,458)
Principal payments on financing obligation	(552)	(506)
Purchases of common stock for treasury	(3,363)	(1,217)
Proceeds from sales of common stock held in treasury	278	201
Payments for exercises of common stock warrants		86
Net cash used for financing activities	(3,637)	(2,894)
Effect of foreign currency exchange rates on cash and cash equivalents	(88)	(262)
Net increase (decrease) in cash and cash equivalents	(5,103)	4,530
Cash and cash equivalents at the beginning of the period	12,291	11,011
Cash and cash equivalents at the end of the period	7,188	15,541
Supplemental disclosure of cash flow information:
Cash paid for income taxes	2,729	1,832
Cash paid for interest	1,119	1,183
Non-cash investing and financing activities:
Purchases of property and equipment financed by accounts payable	$ 53	$ 46

Basis Of Presentation

6 Months Ended

Mar. 01, 2014

Basis Of Presentation [Abstract]

Basis Of Presentation

NOTE 1 – BASIS OF PRESENTATION

Franklin Covey Co. (hereafter referred to as us, we, our, or the Company) is a global company focused on individual and organizational performance improvement. Our mission is to “enable greatness in people and organizations everywhere,” and our worldwide employees are organized to help individuals and organizations achieve sustained superior performance through changes in human behavior. Our expertise extends to seven crucial areas: Leadership, Execution, Productivity, Trust, Sales Performance, Customer Loyalty, and Educational Improvement. We believe that our clients are able to utilize our content to create cultures whose hallmarks are high-performing, collaborative individuals, led by effective, trust-building leaders who execute with excellence and deliver measurably improved results for all of their key stakeholders.

In the training and consulting marketplace, we believe there are four important characteristics that distinguish us from our competitors.

World Class Content – Our content is principle centered and based on natural laws of human behavior and effectiveness. Our content is designed to build new skillsets, establish new mindsets, and provide enabling toolsets.

Breadth and Scalability of Delivery Options – We have a wide range of content delivery options, including: on-site training, training led through certified facilitators, on-line learning, blended learning, intellectual property licenses, and organization-wide transformational processes, including consulting and coaching.

Global Capability – We operate four regional sales offices and a government services office in the United States; wholly-owned subsidiaries in Australia, Japan, the United Kingdom, and South Korea; and contract with licensee partners who deliver our curriculum and provide services in over 140 other countries and territories around the world.

Transformational Impact and Reach – We hold ourselves responsible for and measure ourselves by our clients’ achievement of transformational results.

We have some of the best-known offerings in the training industry, including a suite of individual-effectiveness and leadership-development training content based on the best-selling books, The 7 Habits of Highly Effective People, The Speed of Trust, and The 4 Disciplines of Execution, and proprietary content in the areas of Execution, Sales Performance, Productivity, Customer Loyalty, and Education. Our offerings are described in further detail at www.franklincovey.com.

The accompanying unaudited condensed consolidated financial statements reflect, in the opinion of management, all adjustments (consisting of normal recurring accruals) necessary to present fairly the financial position and results of operations of the Company as of the dates and for the periods indicated. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted pursuant to Securities and Exchange Commission (SEC) rules and regulations. The information included in this quarterly report on Form 10-Q should be read in conjunction with the consolidated financial statements and related notes included in our annual report on Form 10-K for the fiscal year ended August 31, 2013.

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

The Company utilizes a modified 52/53-week fiscal year that ends on August 31 of each year. Corresponding quarterly periods generally consist of 13-week periods that end on November 30, 2013, March 1, 2014, and May 31, 2014 during fiscal 2014. Under the modified 52/53-week fiscal year, the two quarters ended March 1, 2014 had one less business day than the two quarters ended March 2, 2013. Unless otherwise noted, references to fiscal years apply to the 12 months ended on August 31 of the specified year.

The results of operations for the quarter ended March 1, 2014 are not necessarily indicative of results expected for the entire fiscal year ending August 31, 2014, or for any future periods.

At March 1, 2014, the carrying value of our financial instruments approximated their fair values.

Share-Based Compensation

6 Months Ended

Mar. 01, 2014

Share-Based Compensation [Abstract]

Share-Based Compensation

NOTE 3 – SHARE-BASED COMPENSATION

We utilize various share-based compensation plans as integral components of our overall compensation and associate retention strategy. The compensation cost of our share-based compensation plans is included in selling, general, and administrative expenses in the accompanying condensed consolidated income statements. The total cost of our share-based compensation plans was as follows for the periods presented (in thousands).



		Quarter Ended			Two Quarters Ended
		March 1,		March 2,		March 1,		March 2,
		2014		2013		2014		2013
Performance awards	$	873	$	354	$	2,008	$	701
Unvested share awards		83		96		183		184
Employee stock purchase plan		27		24		53		41
Management stock loan shares		-		497		-		497
Fully-vested share awards		-		-		-		22
	$	983	$	971	$	2,244	$	1,445

During the quarter and two quarters ended March 1, 2014, we issued approximately 47,000 shares and 555,000 shares of our common stock to employees from our various share-based compensation plans. The following is a description of recent developments in our share-based compensation plans.

Performance Awards

During the first quarter of fiscal 2014, the Organization and Compensation Committee of the Board of Directors (the Compensation Committee) granted new performance-based equity awards for our executive officers. A total of 89,418 shares may be awarded to the participants based on six individual vesting conditions that are divided into two performance measures, adjusted earnings before interest, taxes, depreciation, and amortization (Adjusted EBITDA) and increased sales of courses related to The 7 Habits of Highly Effective People (the 7 Habits). Three tranches of 20,864 shares will immediately vest to the participants when consolidated trailing four-quarter Adjusted EBITDA totals $37.0 million, $43.0 million, and $49.0 million. Another three tranches of 8,942 shares will immediately vest when trailing four-quarter sales of courses related to the 7 Habits increase $5.0 million, $10.0 million, and $12.5 million over the previous trailing four quarters. These performance awards have a maximum life of six years. Compensation expense is recognized as the Company determines it is probable that the shares will vest. Adjustments to compensation expense to reflect the timing of and the number of shares expected to be awarded will be made on a cumulative basis at the date of the adjustment.

On November 22, 2013, the Compensation Committee granted two of our employees performance-based awards for a total of 8,352 shares. These awards have the same vesting conditions as the fiscal 2013 common stock price performance award. For the participants to receive this award, the closing price of our common stock must average $22.00 per share over five days. If the price of our common stock reaches this price within three years of the grant date, 100 percent of the award shares will vest. If the price of our common stock averages $22.00 per share between three and five years from the grant date, 50 percent of the shares will vest. No shares will vest after five years from the grant date. This grant was valued using a Monte Carlo simulation similar to previous tranches granted with these terms. Based on the valuation, this grant had a fair value of approximately $155,000 with a derived service period of 0.2 years. Accordingly, there is no remaining unrecognized compensation expense at March 1, 2014.

Compensation expense recognized during the quarter and two quarters ended March 1, 2014 for performance awards includes expense related to awards granted in previous periods for which the performance targets are probable of being achieved. No performance awards were granted or modified during the quarter ended March 1, 2014.

Unvested Share Awards

Our annual unvested share awards granted to non-employee members of our Board of Directors is administered under the terms of the Franklin Covey Co. Second Amended and Restated 1992 Stock Incentive Plan, and is designed to provide our non-employee directors, who are not eligible to participate in our employee stock purchase plan, an opportunity to obtain an interest in the Company through the acquisition of shares of our common stock. The annual unvested award is generally granted in January (following the annual shareholders’ meeting) of each year. For the fiscal 2014 award, each eligible director received a whole-share grant equal to $50,000 with a one-year vesting period, which resulted in a total of 14,616 shares granted to members of the Board of Directors under this program. The fiscal 2013 grant of 30,672 shares vested in January 2014 and was awarded to members of our Board of Directors. At March 1, 2014, there was approximately $250,000 of unrecognized compensation expense associated with the fiscal 2014 Board of Director unvested share award.

Employee Stock Purchase Plan

We have an employee stock purchase plan (ESPP) that offers qualified employees the opportunity to purchase shares of our common stock at a price equal to 85 percent of the average fair market value of our common stock on the last trading day of the calendar month in each fiscal quarter. During the quarter and two quarters ended March 1, 2014, we issued 8,466 and 18,394 shares, respectively, to participants in the ESPP.

Stock Options

Our stock option activity during the two quarters ended March 1, 2014 consisted of the following:



			Weighted
			Avg. Exercise
	Number of		Price Per
	Stock Options		Share
Outstanding at August 31, 2013	675,000	$	11.25
Granted	-		-
Exercised	(43,750)		9.00
Forfeited	-		-

Outstanding at March 1, 2014	631,250	$	11.41

Options vested and exercisable at
March 1, 2014	631,250	$	11.41

The stock options exercised during fiscal 2014 were exercised on a net share basis during our first quarter and had an aggregate intrinsic value of $0.5 million.

Earnings Per Share

6 Months Ended

Mar. 01, 2014

Earnings Per Share [Abstract]

Earnings Per Share

NOTE 4 – EARNINGS PER SHARE

The following is a reconciliation from basic earnings per share (EPS) to diluted EPS. Prior to the collection of the management stock loans in the second quarter of fiscal 2013, the 3.3 million management stock loan common shares held in escrow were included in our basic EPS calculation during periods of net income and excluded in periods of net loss because they were determined to be participating securities and continued to have equivalent common stock dividend rights (in thousands, except per-share amounts).



	Quarter Ended				Two Quarters Ended
		March 1,		March 2,		March 1,		March 2,
		2014		2013		2014		2013
Numerator for basic and
diluted earnings per share:
Net income	$	1,971	$	1,592	$	3,690	$	4,489

Denominator for basic and
diluted earnings per share:
Basic weighted average shares
outstanding		16,717		18,550		16,640		18,356
Effect of dilutive securities:
Stock options and other
share-based awards		209		117		252		74
Common stock warrants		-		1,042		-		1,063
Diluted weighted average
shares outstanding		16,926		19,709		16,892		19,493

EPS Calculations:
Net income per share:
Basic	$	0.12	$	0.09	$	0.22	$	0.24
Diluted		0.12		0.08		0.22		0.23

At March 2, 2013, we had approximately 0.2 million stock options outstanding that were not included in the computation of diluted EPS because the options’ exercise prices were greater than the average market price of our common shares. Although these shares were not included in our calculation of diluted EPS, these stock options, and other dilutive securities, including performance share-based compensation instruments, may have a dilutive effect on our EPS calculation in future periods if the price of our common stock increases.

Segment Information

6 Months Ended

Mar. 01, 2014

Segment Information [Abstract]

Segment Information

NOTE 5 – SEGMENT INFORMATION

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

The Company’s chief operating decision maker is the Chief Executive Officer, and the primary measurement tool used in business unit performance analysis is Adjusted EBITDA, which may not be calculated as similarly titled amounts calculated by other companies. For segment reporting purposes, our consolidated Adjusted EBITDA can be calculated as our income from operations excluding share-based compensation, depreciation expense, amortization expense, and certain other charges such as adjustments for changes in the fair value of contingent earnout liabilities from previous business acquisitions.

In the normal course of business, we may make structural and cost allocation revisions to our enterprise information to reflect new reporting responsibilities within the organization. There were no significant organizational or structural changes during the quarter or two quarters ended March 1, 2014 that would affect the comparability of the enterprise information presented. We account for our enterprise information on the same basis as the accompanying condensed consolidated financial statements.

ENTERPRISE INFORMATION

(in thousands)



		Sales to
Quarter Ended		External				Adjusted
March 1, 2014		Customers		Gross Profit		EBITDA		Depreciation		Amortization

U.S./Canada	$	34,910	$	22,335	$	3,045	$	407	$	987
International		10,520		8,484		4,604		79		2
Total		45,430		30,819		7,649		486		989
Corporate and eliminations		1,076		592		(1,029)		330		-
Consolidated	$	46,506	$	31,411	$	6,620	$	816	$	989

Quarter Ended
March 2, 2013

U.S./Canada	$	29,262	$	18,580	$	2,158	$	299	$	616
International		10,106		8,103		4,437		84		3
Total		39,368		26,683		6,595		383		619
Corporate and eliminations		1,062		601		(1,031)		339		-
Consolidated	$	40,430	$	27,284	$	5,564	$	722	$	619

Two Quarters Ended
March 1, 2014

U.S./Canada	$	67,204	$	43,638	$	5,483	$	781	$	1,974
International		20,887		16,921		9,494		158		4
Total		88,091		60,559		14,977		939		1,978
Corporate and eliminations		1,833		882		(2,337)		662		-
Consolidated	$	89,924	$	61,441	$	12,640	$	1,601	$	1,978

Two Quarters Ended
March 2, 2013

U.S./Canada	$	59,605	$	37,410	$	4,484	$	566	$	1,235
International		22,769		18,265		10,354		165		6
Total		82,374		55,675		14,838		731		1,241
Corporate and eliminations		2,117		1,168		(2,184)		692		-
Consolidated	$	84,491	$	56,843	$	12,654	$	1,423	$	1,241

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



	Quarter Ended				Two Quarters Ended
		March 1,		March 2,		March 1,		March 2,
		2014		2013		2014		2013
Enterprise Adjusted EBITDA	$	7,649	$	6,595	$	14,977	$	14,838
Corporate expenses		(1,029)		(1,031)		(2,337)		(2,184)
Consolidated Adjusted EBITDA		6,620		5,564		12,640		12,654
Share-based compensation expense		(983)		(971)		(2,244)		(1,445)
Reduction of contingent earnout liability		67		-		587		-
Depreciation		(816)		(722)		(1,601)		(1,423)
Amortization		(989)		(619)		(1,978)		(1,241)
Income from operations		3,899		3,252		7,404		8,545
Interest income		109		150		252		288
Interest expense		(559)		(598)		(1,119)		(1,188)
Discount on related party receivable		(142)		(135)		(283)		(283)
Income before taxes	$	3,307	$	2,669	$	6,254	$	7,362

We reassess the fair value of expected contingent consideration and the corresponding liability resulting from the fiscal 2013 acquisition of NinetyFive 5, LLC (Ninety Five 5) each period. The reduction of the liability for the quarter and two quarters ended March 1, 2014 totaled $0.1 million and $0.5 million and is reflected in selling, general, and administrative expenses on our income statement. However, the impact of this adjustment is not included in our consolidated Adjusted EBITDA

- Definition

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

+ References

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+ Details

Share-Based Compensation (Tables)

6 Months Ended

Mar. 01, 2014

Share-Based Compensation [Abstract]

Total Cost Of Share-Based Compensation



		Quarter Ended			Two Quarters Ended
		March 1,		March 2,		March 1,		March 2,
		2014		2013		2014		2013
Performance awards	$	873	$	354	$	2,008	$	701
Unvested share awards		83		96		183		184
Employee stock purchase plan		27		24		53		41
Management stock loan shares		-		497		-		497
Fully-vested share awards		-		-		-		22
	$	983	$	971	$	2,244	$	1,445

Stock Option Activity



			Weighted
			Avg. Exercise
	Number of		Price Per
	Stock Options		Share
Outstanding at August 31, 2013	675,000	$	11.25
Granted	-		-
Exercised	(43,750)		9.00
Forfeited	-		-

Outstanding at March 1, 2014	631,250	$	11.41

Options vested and exercisable at
March 1, 2014	631,250	$	11.41

Earnings Per Share (Tables)

6 Months Ended

Mar. 01, 2014

Earnings Per Share [Abstract]

Computation Of EPS



	Quarter Ended				Two Quarters Ended
		March 1,		March 2,		March 1,		March 2,
		2014		2013		2014		2013
Numerator for basic and
diluted earnings per share:
Net income	$	1,971	$	1,592	$	3,690	$	4,489

Denominator for basic and
diluted earnings per share:
Basic weighted average shares
outstanding		16,717		18,550		16,640		18,356
Effect of dilutive securities:
Stock options and other
share-based awards		209		117		252		74
Common stock warrants		-		1,042		-		1,063
Diluted weighted average
shares outstanding		16,926		19,709		16,892		19,493

EPS Calculations:
Net income per share:
Basic	$	0.12	$	0.09	$	0.22	$	0.24
Diluted		0.12		0.08		0.22		0.23

Segment Information (Tables)

6 Months Ended

Mar. 01, 2014

Segment Information [Abstract]

Schedule Of Segment Operations



		Sales to
Quarter Ended		External				Adjusted
March 1, 2014		Customers		Gross Profit		EBITDA		Depreciation		Amortization

U.S./Canada	$	34,910	$	22,335	$	3,045	$	407	$	987
International		10,520		8,484		4,604		79		2
Total		45,430		30,819		7,649		486		989
Corporate and eliminations		1,076		592		(1,029)		330		-
Consolidated	$	46,506	$	31,411	$	6,620	$	816	$	989

Quarter Ended
March 2, 2013

U.S./Canada	$	29,262	$	18,580	$	2,158	$	299	$	616
International		10,106		8,103		4,437		84		3
Total		39,368		26,683		6,595		383		619
Corporate and eliminations		1,062		601		(1,031)		339		-
Consolidated	$	40,430	$	27,284	$	5,564	$	722	$	619

Two Quarters Ended
March 1, 2014

U.S./Canada	$	67,204	$	43,638	$	5,483	$	781	$	1,974
International		20,887		16,921		9,494		158		4
Total		88,091		60,559		14,977		939		1,978
Corporate and eliminations		1,833		882		(2,337)		662		-
Consolidated	$	89,924	$	61,441	$	12,640	$	1,601	$	1,978

Two Quarters Ended
March 2, 2013

U.S./Canada	$	59,605	$	37,410	$	4,484	$	566	$	1,235
International		22,769		18,265		10,354		165		6
Total		82,374		55,675		14,838		731		1,241
Corporate and eliminations		2,117		1,168		(2,184)		692		-
Consolidated	$	84,491	$	56,843	$	12,654	$	1,423	$	1,241

Schedule Of EBITDA Segment



	Quarter Ended				Two Quarters Ended
		March 1,		March 2,		March 1,		March 2,
		2014		2013		2014		2013
Enterprise Adjusted EBITDA	$	7,649	$	6,595	$	14,977	$	14,838
Corporate expenses		(1,029)		(1,031)		(2,337)		(2,184)
Consolidated Adjusted EBITDA		6,620		5,564		12,640		12,654
Share-based compensation expense		(983)		(971)		(2,244)		(1,445)
Reduction of contingent earnout liability		67		-		587		-
Depreciation		(816)		(722)		(1,601)		(1,423)
Amortization		(989)		(619)		(1,978)		(1,241)
Income from operations		3,899		3,252		7,404		8,545
Interest income		109		150		252		288
Interest expense		(559)		(598)		(1,119)		(1,188)
Discount on related party receivable		(142)		(135)		(283)		(283)
Income before taxes	$	3,307	$	2,669	$	6,254	$	7,362

Share-Based Compensation (Narrative) (Details)		3 Months Ended		6 Months Ended
Share-Based Compensation (Narrative) (Details)	Nov. 22, 2013 USD ($) $ / shares shares	Mar. 01, 2014 USD ($) shares	Nov. 30, 2013 USD ($) item shares	Mar. 01, 2014 USD ($) shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Intrinsic value of stock options exercised				$ 500,000
Shares issued under terms of the award \| shares		47,000		555,000
Price of common stock as a percent of the average fair market value				85.00%
Shares issued to employee stock purchase plan participants \| shares		8,466		18,394
After 5 Years [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period to achieve specified levels of common stock price	5 years
Performance Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for granting \| shares		89,418		89,418
Period which common stock price must average over specified levels	5 days
Shares granted \| shares	8,352	0
Fair value of granted shares	$ 155,000
Derived service period	P2M12D
Unrecognized compensation cost		$ 0		$ 0
Number of individual vesting conditions \| item			6
Number of performance measures \| item			2
Life of performance awards			6 years
Vesting price per share \| $ / shares	$ 22.00
Performance Awards [Member] \| 3 Years Or Less [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent of shares which will vest	100.00%
Performance Awards [Member] \| 3 Years Or Less [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period to achieve specified levels of common stock price	3 years
Performance Awards [Member] \| 3 To 5 Years [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent of shares which will vest	50.00%
Performance Awards [Member] \| 3 To 5 Years [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period to achieve specified levels of common stock price	3 years
Performance Awards [Member] \| 3 To 5 Years [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period to achieve specified levels of common stock price	5 years
Performance Awards [Member] \| After 5 Years [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent of shares which will vest	0.00%
Unvested Share Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted \| shares				14,616
Unrecognized compensation cost		$ 250,000		$ 250,000
Whole-share grant per eligible director				$ 50,000
Vesting period of awards				1 year
Adjusted EBITDA [Member] \| Performance Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of tranches \| item			3
Shares to vest after meeting certain requirements \| shares			20,864
Sales Of Courses [Member] \| Performance Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of tranches \| item			3
Shares to vest after meeting certain requirements \| shares			8,942
Tranche One [Member] \| Adjusted EBITDA [Member] \| Performance Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Adjusted EBITDA			$ 37,000,000
Tranche One [Member] \| Sales Of Courses [Member] \| Performance Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Sales of 7 Habits courses			5,000,000
Tranche Two [Member] \| Adjusted EBITDA [Member] \| Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Adjusted EBITDA			43,000,000
Tranche Two [Member] \| Sales Of Courses [Member] \| Performance Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Sales of 7 Habits courses				$ 10,000,000
Tranche Three [Member] \| Adjusted EBITDA [Member] \| Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Adjusted EBITDA			49,000,000
Tranche Three [Member] \| Sales Of Courses [Member] \| Performance Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Sales of 7 Habits courses			$ 12,500,000

Earnings Per Share (Computation of EPS) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 01, 2014	Mar. 02, 2013	Mar. 01, 2014	Mar. 02, 2013
Earnings Per Share [Abstract]
Net income	$ 1,971	$ 1,592	$ 3,690	$ 4,489
Basic weighted average shares outstanding	16,717	18,550	16,640	18,356
Stock options and other share-based awards	209	117	252	74
Common stock warrants		1,042		1,063
Diluted weighted average shares outstanding	16,926	19,709	16,892	19,493
Net income per share, Basic	$ 0.12	$ 0.09	$ 0.22	$ 0.24
Net income per share, Diluted	$ 0.12	$ 0.08	$ 0.22	$ 0.23

- Definition

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

+ References + Details

- Definition

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

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Net Income
-URI http://asc.fasb.org/extlink&oid=6518256

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.19)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

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

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.18)
-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.22)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Other Comprehensive Income
-URI http://asc.fasb.org/extlink&oid=6519514

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e565-108580

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 19
-Article 5

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 20
-Article 9

+ Details

Segment Information (Schedule Of EBITDA Segment) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 01, 2014	Mar. 02, 2013	Mar. 01, 2014	Mar. 02, 2013
Segment Reporting Information [Line Items]
Adjusted EBITDA	$ 6,620	$ 5,564	$ 12,640	$ 12,654
Share-based compensation expense	(983)	(971)	(2,244)	(1,445)
Reduction of contingent earnout liability	67		587
Depreciation	(816)	(722)	(1,601)	(1,423)
Amortization	(989)	(619)	(1,978)	(1,241)
Income from operations	3,899	3,252	7,404	8,545
Interest income	109	150	252	288
Interest expense	(559)	(598)	(1,119)	(1,188)
Discount on related party receivable	(142)	(135)	(283)	(283)
Income before income taxes	3,307	2,669	6,254	7,362
Reportable Unit Assets [Member]
Segment Reporting Information [Line Items]
Adjusted EBITDA	7,649	6,595	14,977	14,838
Depreciation	(486)	(383)	(939)	(731)
Amortization	(989)	(619)	(1,978)	(1,241)
Corporate And Eliminations [Member]
Segment Reporting Information [Line Items]
Adjusted EBITDA	(1,029)	(1,031)	(2,337)	(2,184)
Depreciation	$ (330)	$ (339)	$ (662)	$ (692)

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 01, 2014	Aug. 31, 2013
Condensed Consolidated Balance Sheets [Abstract]
Allowance for doubtful accounts	$ 670	$ 982
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	10,378,000	10,759,000

Investment In FC Organizational Products	6 Months Ended
Investment In FC Organizational Products	Mar. 01, 2014
Investment In FC Organizational Products [Abstract]
Investment In FC Organizational Products	NOTE 6 – INVESTMENT IN FC ORGANIZATIONAL PRODUCTS We own a 19.5 percent interest in FC Organizational Products (FCOP), an entity that purchased substantially all of our consumer solution business unit assets in fiscal 2008 for the purpose of expanding the sales of planners and related organizational products under a comprehensive licensing agreement. During a previous period, we reconsidered whether FCOP was a variable interest entity as defined under FASC 810, and determined that FCOP was a variable interest entity. We further determined that we are not the primary beneficiary of FCOP because we do not have the ability to direct the activities that most significantly impact FCOP’s economic performance, which primarily consist of the day-to-day sale of planning products and related accessories, and we do not have an obligation to absorb losses or the right to receive benefits from FCOP that could potentially be significant. Our voting rights and management board representation approximate our ownership interest and we are unable to exercise control through voting interests or through other means. We are required to account for our investment in FCOP using the equity method of accounting. However, we have not recorded our share of FCOP’s losses in the accompanying condensed consolidated income statements because we have impaired and written off investment balances in previous periods, as defined within the applicable accounting guidance, in excess of our share of FCOP’s losses through March 1, 2014. Our primary exposure related to FCOP is from amounts owed to us by FCOP. We receive reimbursement from FCOP for certain operating costs and for working capital or other advances that we may make to FCOP. We are not contractually required to make advances to FCOP, but we believe that this additional financing will improve our ability to collect amounts owed to us, including amounts previously impaired and written off. The operations of FCOP are primarily financed by the sale of planning products and accessories in the normal course of business. At March 1, 2014 and August 31, 2013, we had $5.0 million and $7.8 million receivable from FCOP, which are classified as components of current and long-term assets in our condensed consolidated balance sheets based on expected payment dates. The long-term receivable has been discounted using a rate of 15 percent. During the first two quarters of fiscal 2014, we received $3.9 million in cash from FCOP for payment of receivables.

Basis Of Presentation (Details)	6 Months Ended
Basis Of Presentation (Details)	Mar. 01, 2014 item
Basis Of Presentation [Abstract]
Number of regional offices	4
Number of countries in which entity operates	140

Inventories (Details) - USD ($) $ in Thousands	Mar. 01, 2014	Aug. 31, 2013
Inventories [Abstract]
Finished goods	$ 5,280	$ 4,253
Raw materials	46	68
Inventories	$ 5,326	$ 4,321

Investment In FC Organizational Products (Details) - USD ($) $ in Millions	6 Months Ended
	Mar. 01, 2014	Aug. 31, 2013
Investment In FC Organizational Products [Abstract]
Percent voting interest in FCOP	19.50%
Receivable from FCOP	$ 5.0	$ 7.8
Discount rate on long-term receivable from FCOP	15.00%
Cash received from FCOP	$ 3.9

Share-Based Compensation Plans (Stock Option Activity) (Details)	6 Months Ended
	Mar. 01, 2014 $ / shares shares
Share-Based Compensation [Abstract]
Number of Stock Options, Outstanding at August 31, 2013 \| shares	675,000
Number of Stock Options, Exercised \| shares	(43,750)
Number of Stock Options, Outstanding at March 1, 2014 \| shares	631,250
Number of Stock Options, Options vested and exercisable at March 1, 2014 \| shares	631,250
Weighted Average Exercise Price Per Share, Outstanding at August 31, 2013 \| $ / shares	$ 11.25
Weighted Average Exercise Price Per Share, Exercised \| $ / shares	9.00
Weighted Average Exercise Price Per Share, Outstanding at March 1, 2014 \| $ / shares	11.41
Weighted Average Exercise Price Per Share, Options vested and exercisable at March 1, 2014 \| $ / shares	$ 11.41