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Document And Entity Information - shares	3 Months Ended
Document And Entity Information - shares	Nov. 26, 2016	Dec. 31, 2016
Document And Entity Information [Abstract]
Document Type	10-Q
Document Period End Date	Nov. 26, 2016
Amendment Flag	false
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2017
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		13,801,298

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Nov. 26, 2016	Aug. 31, 2016
Current assets:
Cash and cash equivalents	$ 7,876	$ 10,456
Accounts receivable, less allowance for doubtful accounts of $2,231 and $1,579	54,717	65,960
Receivable from related party	2,117	1,933
Inventories	5,077	5,042
Income taxes receivable	2,633
Prepaid expenses and other current assets	8,053	6,350
Total current assets	80,473	89,741
Property and equipment, net	17,172	16,083
Intangible assets, net	49,471	50,196
Goodwill	19,903	19,903
Long-term receivable from related party	1,281	1,235
Other long-term assets	12,989	13,713
Total assets	181,289	190,871
Current liabilities:
Current portion of financing obligation	1,712	1,662
Current portion of term note payable	5,000	3,750
Accounts payable	7,440	10,376
Income taxes payable		4
Deferred revenue	20,282	20,847
Accrued liabilities	13,516	17,418
Total current liabilities	47,950	54,057
Financing obligation, less current portion	22,493	22,943
Term note payable, less current portion	12,813	10,313
Other liabilities	1,235	3,173
Deferred income tax liabilities	6,328	6,670
Total liabilities	90,819	97,156
Shareholders' equity:
Common stock, $.05 par value; 40,000 shares authorized, 27,056 shares issued	1,353	1,353
Additional paid-in capital	212,368	211,203
Retained earnings	72,670	76,628
Accumulated other comprehensive income	587	1,222
Treasury stock at cost, 13,320 shares and 13,332 shares	(196,508)	(196,691)
Total shareholders' equity	90,470	93,715
Total liabilities and shareholders' equity	$ 181,289	$ 190,871

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Thousands, $ in Thousands	Nov. 26, 2016	Aug. 31, 2016
Condensed Consolidated Balance Sheets [Abstract]
Allowance for doubtful accounts	$ 2,231	$ 1,579
Common stock, par value	$ 0.05	$ 0.05
Common stock, shares authorized	40,000	40,000
Common stock, shares issued	27,056	27,056
Treasury stock, shares	13,320	13,332

Condensed Consolidated Statements Of Operations And Statements Of Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Nov. 26, 2016	Nov. 28, 2015
Net sales:
Training and consulting services	$ 38,073	$ 43,194
Products	828	912
Leasing	886	1,112
Total net sales	39,787	45,218
Cost of sales:
Training and consulting services	13,558	14,058
Products	435	522
Leasing	486	567
Total cost of sales	14,479	15,147
Gross profit	25,308	30,071
Selling, general, and administrative	29,095	26,489
Depreciation	866	912
Amortization	722	910
Income (loss) from operations	(5,375)	1,760
Interest income	116	77
Interest expense	(620)	(541)
Income (loss) before income taxes	(5,879)	1,296
Income tax benefit (provision)	1,921	(506)
Net income (loss)	$ (3,958)	$ 790
Net income (loss) per share:
Basic and diluted	$ (0.29)	$ 0.05
Weighted average number of common shares:
Basic	13,791	16,218
Diluted	13,791	16,352
COMPREHENSIVE INCOME (LOSS)
Net income (loss)	$ (3,958)	$ 790
Foreign currency translation adjustments, net of income tax benefit of $342 and $52	635	(99)
Comprehensive income (loss)	$ (3,323)	$ 691

Condensed Consolidated Statements Of Operations And Statements Of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Nov. 26, 2016	Nov. 28, 2015
Condensed Consolidated Statements Of Operations And Statements Of Comprehensive Income [Abstract]
Foreign currency translation adjustments, tax	$ 342	$ 52

Condensed Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Nov. 26, 2016	Nov. 28, 2015
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)	$ (3,958)	$ 790
Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities:
Depreciation and amortization	1,588	1,822
Stock-based compensation expense	1,214	763
Amortization of capitalized curriculum costs	977	895
Deferred income taxes		135
Increase (reduction) of estimated earn out liability	(1,013)	130
Changes in assets and liabilities:
Decrease in accounts receivable, net	10,850	15,410
Increase in inventories	(191)	(260)
Increase in receivable from related party	(231)	(803)
Increase in prepaid expenses and other assets	(1,458)	(585)
Decrease in accounts payable and accrued liabilities	(6,562)	(7,932)
Decrease in deferred revenue	(553)	(2,599)
Increase in income taxes payable/receivable	(2,630)	(657)
Decrease in other long-term liabilities	(911)
Net cash provided by (used for) operating activities	(2,878)	7,109
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of property and equipment	(2,040)	(630)
Curriculum development costs	(666)	(106)
Net cash used for investing activities	(2,706)	(736)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from term notes payable financing	5,000
Principal payments on term notes payable	(1,250)
Principal payments on financing obligation	(401)	(355)
Purchases of common stock for treasury	(17)	(34)
Proceeds from sales of common stock held in treasury	153	158
Net cash provided by (used for) financing activities	3,485	(231)
Effect of foreign currency exchange rates on cash and cash equivalents	(481)	(52)
Net increase (decrease) in cash and cash equivalents	(2,580)	6,090
Cash and cash equivalents at beginning of the year	10,456	16,234
Cash and cash equivalents at end of the year	7,876	22,324
Supplemental disclosure of cash flow information:
Cash paid for income taxes	688	1,025
Cash paid for interest	615	541
Non-cash investing and financing activities:
Purchases of property and equipment financed by accounts payable	$ 300	$ 355

Basis Of Presentation

3 Months Ended

Nov. 26, 2016

Basis Of Presentation [Abstract]

Basis Of Presentation

NOTE 1 – BASIS OF PRESENTATION

General

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 employees worldwide 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. When our content is applied consistently in an organization, we believe the culture of that organization will change to enable the organization to achieve their own great purposes. Our content is designed to build new skillsets, establish new mindsets, and provide enabling toolsets to our clients.

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

Global Capability – We operate three regional sales offices and a government services office in the United States; wholly owned subsidiaries in Australia, China, Japan, and the United Kingdom; and contract with licensee partners who deliver our curriculum and provide services in over 150 other countries and territories around the world.

Transformational Impact and Reach – We are committed to, 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 Educational improvement. 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, 2016.

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 26, 2016, February 25, 2017, and May 27, 2017 during fiscal 2017. Under the modified 52/53-week fiscal year, the quarter ended November 26, 2016 had one less business day than the quarter ended November 28, 2015. 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 November 26, 2016 are not necessarily indicative of results expected for the entire fiscal year ending August 31, 2017, or for any future periods.

Fair Value of Financial Instruments and NinetyFive 5 Earn Out Payments

At November 26, 2016, the carrying value of our financial instruments approximated their fair values. The fair value of the contingent earn out payment liability from the acquisition of Ninety-Five 5, LLC (NinetyFive 5) in a prior period is considered a “level 3” measurement because we estimate projected earnings during the measurement period utilizing various potential pay-out scenarios. There have been no significant changes in our valuation process from the disclosures as of August 31, 2016. The fair value of this liability was $0.9 million at November 26, 2016, which is recorded as a component of accrued liabilities on our consolidated balance sheet. Adjustments to the fair value of the contingent earn out liability are included in selling, general, and administrative expense in the accompanying condensed consolidated statements of operations.

Accounting Pronouncements Issued Not Yet Adopted

On May 28, 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers. This new standard was issued in conjunction with the International Accounting Standards Board (IASB) and is designed to create a single, principles-based process by which all businesses calculate revenue. The new standard replaces numerous individual, industry-specific revenue rules found in U.S. generally accepted accounting principles and is required to be adopted in fiscal years beginning after December 15, 2017 and for interim periods therein. The new standard may be applied using the “full retrospective” or “modified retrospective” approach. As of November 26, 2016, we have not yet determined the method of adoption nor the impact that ASU No. 2014-09 will have on our reported revenue or results of operations.

In April 2016, the FASB issued ASU 2016-10, Revenue from Contracts with Customers (Topic 606) - Identifying Performance Obligations and Licensing. The guidance in ASU 2016-10 clarifies aspects of Topic 606 related to identifying performance obligations and the licensing implementation guidance, while retaining the related core principles for those areas. The effective date and transition requirements for ASU 2016-10 are the same as the effective date and transition requirements for Topic 606 (ASU 2014-09) discussed above. While we do not expect the adoption of ASU 2016-10 to have a material effect on our business, we are evaluating the potential impact that the adoption of ASU 2016-10 may have on our financial position, results of operations, and cash flows.

On February 25, 2016, the FASB issued ASU No. 2016-02, Leases. The new lease accounting standard is the result of a collaborative effort with the IASB (similar to the new revenue standard described above), although some differences remain between the two standards. This new standard will affect all entities that lease assets and will require lessees to recognize a lease liability and a right-of-use asset for all leases (except for short-term leases that have a duration of less than one year) as of the date on which the lessor makes the underlying asset available to the lessee. For lessors, accounting for leases is substantially the same as in prior periods. For public companies, the new lease standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted for all entities. For leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, lessees and lessors must apply a modified retrospective transition approach. While we expect the adoption of this new standard will increase reported assets and liabilities, as of November 26, 2016, we have not yet determined the full impact that the adoption of ASU 2016-02 will have on our financial statements.

In March 2016, the FASB issued ASU 2016-09, Compensation - Stock Compensation (Topic 718) - Improvements to Employee Share-Based Payment Accounting. The guidance in ASU 2016-09 simplifies several aspects of the accounting for stock-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification of items on the statement of cash flows. ASU 2016-09 is effective for public companies’ annual periods, including interim periods within those fiscal years, beginning after December 15, 2016. Early adoption is permitted subject to certain requirements, and the method of application (i.e., retrospective, modified retrospective or prospective) depends on the transaction area that is being amended. Following adoption, the primary impact on our consolidated financial statements will be the recognition of excess tax benefits in the provision for income taxes rather than additional paid-in capital, which will likely result in increased volatility in the reported amounts of income tax expense and net income. As of November 26, 2016, we have not completed our evaluation of the impact of ASU 2016-09 on our results of operations or cash flows.

Inventories

3 Months Ended

Nov. 26, 2016

Inventories [Abstract]

Inventories

NOTE 2 – INVENTORIES

Inventories are stated at the lower of cost or market, cost being determined using the first-in, first-out method, and were comprised of the following (in thousands):



		November 26,		August 31,
		2016		2016
Finished goods	$	5,053	$	5,002
Raw materials		24		40
	$	5,077	$	5,042

Term Loans Payable

3 Months Ended

Nov. 26, 2016

Term Loans Payable [Abstract]

Term Loans Payable

NOTE 3 – TERM LOANS PAYABLE

On September 1, 2016, we obtained a $5.0 million term loan (the Term Loan) from the lender on our amended and restated secured credit agreement (the Secured Credit Agreement). Consistent with a $15.0 million term loan obtained in fiscal 2016, this Term Loan has an effective interest rate of LIBOR plus 1.85% per annum. Interest is payable monthly and principal payments of $312,500 are due and payable on the first day of each January, April, July, and October until August 2019. The remaining $1.25 million of principal due at the Term Loan maturity date may be repaid or converted into another term loan. The proceeds from the Term Loan may be used for general corporate purposes and the Term Loan may be repaid sooner than August 2019 at our discretion. Principal payments through the remainder of fiscal 2017 and by fiscal year through the maturity dates of our term loans payable are as follows (in thousands):



YEAR ENDING AUGUST 31,		Amount
2017	$	3,750
2018		5,000
2019		9,063
	$	17,813

The terms of the Fifth Amendment to our Secured Credit Agreement state that each additional term loan we obtain reduces the amount available to borrow on the revolving line of credit facility. Accordingly, at November 26, 2016, we may borrow up to $35.0 million on our revolving line of credit.

Stock-Based Compensation

3 Months Ended

Nov. 26, 2016

Stock-Based Compensation [Abstract]

Stock-Based Compensation

NOTE 4 – STOCK-BASED COMPENSATION

The cost of our stock-based compensation plans is included in selling, general, and administrative expenses in the accompanying condensed consolidated statements of operations. The total cost of our stock-based compensation plans was as follows for the periods presented (in thousands):



		Quarter Ended
		November 26,		November 28,
		2016		2015
Performance awards	$	1,078	$	625
Unvested share awards		113		112
Employee stock purchase plan		23		26
	$	1,214	$	763

During the quarter ended November 26, 2016, we issued 13,539 shares of our common stock to employees for stock-based compensation awards. The following is a description of the developments in our stock-based compensation plans during the quarter ended November 26, 2016.

Performance Awards

On October 18, 2016, the Organization and Compensation Committee (the Compensation Committee) of the Board of Directors granted new performance-based awards for our executive officers and members of senior management. A total of 183,381 shares may be earned by the participants based on six individual vesting conditions that are divided into two performance measures, trailing four-quarter adjusted earnings before interest, taxes, depreciation, and amortization (Adjusted EBITDA) and gross All Access Pass (AAP) sales as shown below.



	Adjusted EBITDA				Gross AAP Sales
	Award				Award
	Goal	Number of	Tranche		Goal	Number of	Tranche
	(thousands)	Shares	Status		(thousands)	Shares	Status
$	36,672	42,789	not vested	$	30,052	18,338	not vested
	41,806	42,789	not vested		35,419	18,338	not vested
	47,658	42,789	not vested		40,758	18,338	not vested
		128,367				55,014

The fiscal 2017 long-term performance awards have a maximum life of six years and compensation expense is recognized as we determine it is probable that the shares will vest. Adjustments to compensation expense to reflect the timing of and the number of shares expected to be awarded will be made on a cumulative basis at the date of the adjustment.

In fiscal 2016, we introduced the All Access Pass, which allows our clients to access our intellectual property through an electronic portal. Based on guidance for multiple-element revenue arrangements, we defer a significant portion of AAP sales over the life of the client’s contract. Accordingly, sales of the All Access Pass have significantly impacted our financial results since the second quarter of fiscal 2016. On October 18, 2016, the Compensation Committee approved a modification to the fiscal 2012 through fiscal 2016 performance awards to include the change in deferred revenue, less certain costs, and Adjusted EBITDA in the vesting calculations. Our share price on October 18, 2016 was less than the share prices used to recognize stock-based compensation expense on the fiscal 2012 through fiscal 2016 performance awards and no incremental stock-based compensation expense was recognized from this modification.

Compensation expense recognized during the quarter ended November 26, 2016 for performance awards includes expense related to awards granted in previous periods for which the performance conditions are probable of being achieved.

At November 26, 2016, the performance conditions for four tranches of previously granted awards were achieved. Subject to Compensation Committee approval, these tranches award a total of 68,567 shares of common stock to the participants. These shares have not yet been distributed to the participants.

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 ended November 26, 2016, we issued 11,043 shares of our common stock to participants in the ESPP.

- Definition

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

+ References + Details

Earnings Per Share

3 Months Ended

Nov. 26, 2016

Earnings Per Share [Abstract]

Earnings Per Share

NOTE 5 – EARNINGS PER SHARE

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



	Quarter Ended
		November 26,		November 28,
		2016		2015
Numerator for basic and
diluted earnings per share:
Net income (loss)	$	(3,958)	$	790

Denominator for basic and
diluted earnings per share:
Basic weighted average shares
outstanding		13,791		16,218
Effect of dilutive securities:
Stock options and other
stock-based awards		-		134
Diluted weighted average
shares outstanding		13,791		16,352

EPS Calculations:
Net income (loss) per share:
Basic and diluted	$	(0.29)	$	0.05

Since we incurred a net loss for the quarter ended November 26, 2016, no potentially dilutive securities are included in the calculation of diluted earnings per share because such effect would be anti-dilutive. The number of dilutive stock options and other stock-based awards for the quarter ended November 26, 2016 would have been approximately 163,000 shares. Other securities, including performance stock-based compensation instruments, may have a dilutive effect upon our EPS calculation in future periods if we achieve specified targets.

Segment Information

3 Months Ended

Nov. 26, 2016

Segment Information [Abstract]

Segment Information

NOTE 6 – SEGMENT INFORMATION

Our sales are primarily comprised of training and consulting services, and related products. Our internal reporting structure is comprised of four operating divisions and a corporate services group. The operating divisions were determined to be reportable segments under the applicable accounting guidance. The following is a brief description of our reportable segments:

Direct Offices – This division includes our three sales offices that serve the United States and Canada; our international sales offices located in Japan, China, the United Kingdom, and Australia; and our public program operations.

Strategic Markets – This division includes our Government Services office, Global 50 group (focused on sales to large multinational organizations), Sales Performance practice, and our Customer Loyalty practice.

Education Practice – This division includes our domestic and international Education practice operations, which are focused on sales to educational institutions.

International Licensees – This division is primarily comprised of our international licensees’ royalty revenues.

Corporate and Other – Our corporate and other information includes leasing operations, shipping and handling revenues, book and audio sales, and certain corporate administrative expenses.

We 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 disclosed by other companies. For reporting purposes, our consolidated Adjusted EBITDA can be calculated as our income or loss from operations excluding stock-based compensation, restructuring charges, depreciation expense, amortization expense, and certain other charges such as impaired asset charges and adjustments for changes in the fair value of contingent earn out liabilities from previous business acquisitions.

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 the following segment information on the same basis as the accompanying condensed consolidated financial statements (in thousands).



		Sales to
Quarter Ended		External				Adjusted
November 26, 2016		Customers		Gross Profit		EBITDA

Direct offices	$	21,247	$	14,124	$	(596)
Strategic markets		4,761		2,552		(1,183)
Education practice		8,743		5,024		7
International licensees		3,431		2,652		1,308
Total		38,182		24,352		(464)
Corporate and eliminations		1,605		956		(2,355)
Consolidated	$	39,787	$	25,308	$	(2,819)

Quarter Ended
November 28, 2015

Direct offices	$	23,651	$	16,570	$	2,669
Strategic markets		7,195		4,509		850
Education practice		8,169		4,665		313
International licensees		4,519		3,458		2,337
Total		43,534		29,202		6,169
Corporate and eliminations		1,684		869		(1,694)
Consolidated	$	45,218	$	30,071	$	4,475

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



	Quarter Ended
		November 26,		November 28,
		2016		2015
Enterprise Adjusted EBITDA	$	(464)	$	6,169
Corporate expenses		(2,355)		(1,694)
Consolidated Adjusted EBITDA		(2,819)		4,475
Stock-based compensation expense		(1,214)		(763)
Reduction (increase) to contingent
earn out liability		1,013		(130)
China office start up costs		(479)		-
Other expense		(288)		-
Depreciation		(866)		(912)
Amortization		(722)		(910)
Income (loss) from operations		(5,375)		1,760
Interest income		116		77
Interest expense		(620)		(541)
Income (loss) before income taxes		(5,879)		1,296
Income tax benefit (provision)		1,921		(506)
Net income (loss)	$	(3,958)	$	790

We reassess the fair value of expected contingent consideration and the corresponding liability resulting from the acquisition of NinetyFive 5 each period. The increases or decreases to the liability are reflected in selling, general, and administrative expenses on our consolidated statements of operations. However, the impact of these adjustments is not included in our consolidated Adjusted EBITDA calculations as shown above.

- Definition

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

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
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-Publisher FASB
-Name Accounting Standards Codification
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-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

+ Details

Investment In FC Organizational Products	3 Months Ended
Investment In FC Organizational Products	Nov. 26, 2016
Investment In FC Organizational Products [Abstract]
Investment In FC Organizational Products	NOTE 7 – 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 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 statements of operations 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 November 26, 2016. 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 although we are not contractually required to make advances to FCOP. The operations of FCOP are primarily financed by the sale of planning products and accessories in the normal course of business. The majority of FCOP’s sales and cash flows are seasonal and occur between October and January. Accordingly, we generally receive payment on outstanding receivables during our second and third quarters of each fiscal year. At November 26, 2016, we had $3.4 million (net of $0.8 million discount) receivable from FCOP, compared with $3.2 million (net of $0.8 million discount) receivable at August 31, 2016. These receivables are classified as components of current and long-term assets in our condensed consolidated balance sheets based on expected payment dates. The long-term receivables have been discounted using a rate of 15 percent.

Basis Of Presentation (Policy)

3 Months Ended

Nov. 26, 2016

Basis Of Presentation [Abstract]

General

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

Transformational Impact and Reach – We are committed to, and measure ourselves by, our clients’ achievement of transformational results.

The results of operations for the quarter ended November 26, 2016 are not necessarily indicative of results expected for the entire fiscal year ending August 31, 2017, or for any future periods.

Fair Value Of Financial Instruments And NinetyFive 5 Earn Out Payments

Fair Value of Financial Instruments and NinetyFive 5 Earn Out Payments

Accounting Pronouncements Issued Not Yet Adopted

Inventories (Tables)

3 Months Ended

Nov. 26, 2016

Inventories [Abstract]

Components Of Inventories



		November 26,		August 31,
		2016		2016
Finished goods	$	5,053	$	5,002
Raw materials		24		40
	$	5,077	$	5,042

Term Loans Payable (Tables)

3 Months Ended

Nov. 26, 2016

Term Loans Payable [Abstract]

Principal Payments By Fiscal Year



YEAR ENDING AUGUST 31,		Amount
2017	$	3,750
2018		5,000
2019		9,063
	$	17,813

- Definition

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

+ References

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

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

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

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=64930739&loc=d3e28878-108400

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

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

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
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-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28541-108399

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399

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

+ Details

Stock-Based Compensation (Tables)

3 Months Ended

Nov. 26, 2016

Stock-Based Compensation [Abstract]

Total Cost Of Share-Based Compensation



		Quarter Ended
		November 26,		November 28,
		2016		2015
Performance awards	$	1,078	$	625
Unvested share awards		113		112
Employee stock purchase plan		23		26
	$	1,214	$	763

Schedule Of Executive Awards



	Adjusted EBITDA				Gross AAP Sales
	Award				Award
	Goal	Number of	Tranche		Goal	Number of	Tranche
	(thousands)	Shares	Status		(thousands)	Shares	Status
$	36,672	42,789	not vested	$	30,052	18,338	not vested
	41,806	42,789	not vested		35,419	18,338	not vested
	47,658	42,789	not vested		40,758	18,338	not vested
		128,367				55,014

Earnings Per Share (Tables)

3 Months Ended

Nov. 26, 2016

Earnings Per Share [Abstract]

Computation Of EPS



	Quarter Ended
		November 26,		November 28,
		2016		2015
Numerator for basic and
diluted earnings per share:
Net income (loss)	$	(3,958)	$	790

Denominator for basic and
diluted earnings per share:
Basic weighted average shares
outstanding		13,791		16,218
Effect of dilutive securities:
Stock options and other
stock-based awards		-		134
Diluted weighted average
shares outstanding		13,791		16,352

EPS Calculations:
Net income (loss) per share:
Basic and diluted	$	(0.29)	$	0.05

Segment Information (Tables)

3 Months Ended

Nov. 26, 2016

Segment Information [Abstract]

Schedule Of Segment Operations



		Sales to
Quarter Ended		External				Adjusted
November 26, 2016		Customers		Gross Profit		EBITDA

Direct offices	$	21,247	$	14,124	$	(596)
Strategic markets		4,761		2,552		(1,183)
Education practice		8,743		5,024		7
International licensees		3,431		2,652		1,308
Total		38,182		24,352		(464)
Corporate and eliminations		1,605		956		(2,355)
Consolidated	$	39,787	$	25,308	$	(2,819)

Quarter Ended
November 28, 2015

Direct offices	$	23,651	$	16,570	$	2,669
Strategic markets		7,195		4,509		850
Education practice		8,169		4,665		313
International licensees		4,519		3,458		2,337
Total		43,534		29,202		6,169
Corporate and eliminations		1,684		869		(1,694)
Consolidated	$	45,218	$	30,071	$	4,475

Reconciliation Of Adjusted EBITDA



	Quarter Ended
		November 26,		November 28,
		2016		2015
Enterprise Adjusted EBITDA	$	(464)	$	6,169
Corporate expenses		(2,355)		(1,694)
Consolidated Adjusted EBITDA		(2,819)		4,475
Stock-based compensation expense		(1,214)		(763)
Reduction (increase) to contingent
earn out liability		1,013		(130)
China office start up costs		(479)		-
Other expense		(288)		-
Depreciation		(866)		(912)
Amortization		(722)		(910)
Income (loss) from operations		(5,375)		1,760
Interest income		116		77
Interest expense		(620)		(541)
Income (loss) before income taxes		(5,879)		1,296
Income tax benefit (provision)		1,921		(506)
Net income (loss)	$	(3,958)	$	790

Basis Of Presentation (Narrative) (Details) $ in Millions	3 Months Ended
Basis Of Presentation (Narrative) (Details) $ in Millions	Nov. 26, 2016 USD ($) country item
Basis Of Presentation [Abstract]
Number of areas of expertise	7
Number of important distinguishing characteristics from competitors	4
Number of regional offices	3
Number of countries in which entity operates \| country	150
Fair value of other long-term liabilities \| $	$ 0.9

Inventories (Components Of Inventories) (Details) - USD ($) $ in Thousands	Nov. 26, 2016	Aug. 31, 2016
Inventories [Abstract]
Finished goods	$ 5,053	$ 5,002
Raw materials	24	40
Inventories	$ 5,077	$ 5,042

Term Loans Payable (Narrative) (Details) - USD ($)	12 Months Ended
Term Loans Payable (Narrative) (Details) - USD ($)	Aug. 31, 2016	Nov. 26, 2016	Sep. 01, 2016
Revolving Line Of Credit [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 35,000,000
Term Loan [Member]
Debt Instrument [Line Items]
Loan amount	$ 15,000,000		$ 5,000,000
Percentage added to LIBOR rate	1.85%
Principal payment	$ 312,500
Remaining principal amount that may be repaid or converted	$ 1,250,000

Term Loans Payable (Principal Payments By Fiscal Year) (Details) - Term Loan [Member] $ in Thousands	Nov. 26, 2016 USD ($)
Debt Instrument [Line Items]
2017	$ 3,750
2018	5,000
2019	9,063
Total	$ 17,813

Stock-Based Compensation (Narrative) (Details) $ in Thousands		3 Months Ended
	Oct. 18, 2016 item shares	Nov. 26, 2016 USD ($) shares	Nov. 28, 2015 USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense		$ 1,214	$ 763
Shares issued under terms of the award \| shares		13,539
Performance Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
New shares granted \| shares	183,381
Stock-based incremental compensation expense from plan modification		$ 0
Number of individual vesting conditions \| item	6
Number of performance measures \| item	2
Stock-based compensation expense		1,078	625
Performance Awards [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Life of awards	6 years
Unvested Share Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense		113	112
Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense		$ 23	$ 26
Price of common stock as a percent of the average fair market value		85.00%
Shares issued to employee stock purchase plan participants \| shares		11,043
Tranche Four [Member] \| Performance Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares awarded \| shares		68,567

Stock-Based Compensation (Total Cost Of Share-Based Compensation) (Details) - USD ($) $ in Thousands	3 Months Ended
	Nov. 26, 2016	Nov. 28, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost	$ 1,214	$ 763
Performance Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost	1,078	625
Unvested Share Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost	113	112
Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost	$ 23	$ 26

Stock-Based Compensation (Schedule Of Executive Awards) (Details) $ in Thousands	3 Months Ended
	Nov. 26, 2016 USD ($) shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Adjusted EBITDA, Number of Shares	128,367
Gross AAP Sales, Number of Shares	55,014
Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Adjusted EBITDA, Award Goal \| $	$ 36,672
Adjusted EBITDA, Number of Shares	42,789
Adjusted EBITDA, Tranche Status	not vested
Gross AAP Sales, Award Goal \| $	$ 30,052
Gross AAP Sales, Number of Shares	18,338
Gross AAP Sales, Tranche Status	not vested
Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Adjusted EBITDA, Award Goal \| $	$ 41,806
Adjusted EBITDA, Number of Shares	42,789
Adjusted EBITDA, Tranche Status	not vested
Gross AAP Sales, Award Goal \| $	$ 35,419
Gross AAP Sales, Number of Shares	18,338
Gross AAP Sales, Tranche Status	not vested
Tranche Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Adjusted EBITDA, Award Goal \| $	$ 47,658
Adjusted EBITDA, Number of Shares	42,789
Adjusted EBITDA, Tranche Status	not vested
Gross AAP Sales, Award Goal \| $	$ 40,758
Gross AAP Sales, Number of Shares	18,338
Gross AAP Sales, Tranche Status	not vested

Earnings Per Share (Narrative) (Details)	3 Months Ended
Earnings Per Share (Narrative) (Details)	Nov. 26, 2016 shares
Earnings Per Share [Abstract]
Shares outstanding not included in the computation of diluted EPS	163,000

Earnings Per Share (Computation Of EPS) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Nov. 26, 2016	Nov. 28, 2015
Numerator for basic and diluted earnings per share:
Net income (loss)	$ (3,958)	$ 790
Denominator for basic and diluted earnings per share:
Basic weighted average shares outstanding	13,791	16,218
Effect of dilutive securities:
Stock options and other stock-based awards		134
Diluted weighted average shares outstanding	13,791	16,352
EPS Calculations:
Net income (loss) per share: Basic and diluted	$ (0.29)	$ 0.05

Segment Information (Narrative) (Details)	3 Months Ended
Segment Information (Narrative) (Details)	Nov. 26, 2016 item
Segment Information [Abstract]
Number of operating divisions	4
Number of sales offices	3

Segment Information (Schedule Of Segment Operations) (Details) - USD ($) $ in Thousands	3 Months Ended
	Nov. 26, 2016	Nov. 28, 2015
Segment Reporting Information [Line Items]
Sales to external customers	$ 39,787	$ 45,218
Gross profit	25,308	30,071
Adjusted EBITDA	(2,819)	4,475
Direct Offices [Member]
Segment Reporting Information [Line Items]
Sales to external customers	21,247	23,651
Gross profit	14,124	16,570
Adjusted EBITDA	(596)	2,669
Strategic Markets [Member]
Segment Reporting Information [Line Items]
Sales to external customers	4,761	7,195
Gross profit	2,552	4,509
Adjusted EBITDA	(1,183)	850
Education Practice [Member]
Segment Reporting Information [Line Items]
Sales to external customers	8,743	8,169
Gross profit	5,024	4,665
Adjusted EBITDA	7	313
International Licensees [Member]
Segment Reporting Information [Line Items]
Sales to external customers	3,431	4,519
Gross profit	2,652	3,458
Adjusted EBITDA	1,308	2,337
Operating Segments [Member]
Segment Reporting Information [Line Items]
Sales to external customers	38,182	43,534
Gross profit	24,352	29,202
Adjusted EBITDA	(464)	6,169
Corporate And Eliminations [Member]
Segment Reporting Information [Line Items]
Sales to external customers	1,605	1,684
Gross profit	956	869
Adjusted EBITDA	$ (2,355)	$ (1,694)

Segment Information (Reconciliation Of Adjusted EBITDA) (Details) - USD ($) $ in Thousands	3 Months Ended
	Nov. 26, 2016	Nov. 28, 2015
Segment Reporting Information [Line Items]
Consolidated Adjusted EBITDA	$ (2,819)	$ 4,475
Stock-based compensation	(1,214)	(763)
Reduction (increase) to contingent earn out liability	1,013	(130)
China office start up costs	(479)
Other expenses	(288)
Depreciation	(866)	(912)
Amortization	(722)	(910)
Income (loss) from operations	(5,375)	1,760
Interest income	116	77
Interest expense	(620)	(541)
Income (loss) before income taxes	(5,879)	1,296
Income tax benefit (provision)	1,921	(506)
Net income (loss)	(3,958)	790
Operating Segments [Member]
Segment Reporting Information [Line Items]
Consolidated Adjusted EBITDA	(464)	6,169
Corporate And Eliminations [Member]
Segment Reporting Information [Line Items]
Consolidated Adjusted EBITDA	$ (2,355)	$ (1,694)

Investment In FC Organizational Products (Narrative) (Details) - FC Organizational Products [Member] - USD ($) $ in Millions	3 Months Ended
	Nov. 26, 2016	Aug. 31, 2016
Related Party Transaction [Line Items]
Percent ownership interest in related party	19.50%
Receivable from related party	$ 3.4	$ 3.2
Discount on receivable from related party	$ 0.8	$ 0.8
Discount rate on long-term receivable from related party	15.00%