Share-Based Compensation
 9 Months Ended
May 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-Based Compensation
Share-Based Compensation
The following details share-based compensation expense for the respective periods:
 
Three Months Ended
May 31,
 
Nine Months Ended
May 31,
($ in thousands)
2016
 
2015
 
2016
 
2015
Instructional and student advisory
$
2,432

 
$
2,812

 
$
7,856

 
$
8,699

Marketing
413

 
705

 
1,771

 
2,324

Admissions advisory
15

 
262

 
341

 
779

General and administrative
5,569

 
3,456

 
16,830

 
15,960

Restructuring and impairment charges
303

 
619

 
520

 
2,006

Share-based compensation expense
$
8,732

 
$
7,854

 
$
27,318

 
$
29,768


In accordance with our Amended and Restated 2000 Stock Incentive Plan, we granted no restricted stock units or performance share awards during the three months ended May 31, 2016 and 575,000 restricted stock units and performance share awards during the nine months ended May 31, 2016. The granted awards had a weighted average grant date fair value per share of $7.50. As of May 31, 2016, we had $39.5 million and $1.8 million of unrecognized share-based compensation expense, net of estimated forfeitures, related to unvested restricted stock units and performance share awards, respectively. This expense is expected to be recognized over a weighted average period of 2.2 years.
In accordance with our Amended and Restated 2000 Stock Incentive Plan, we granted no stock options during the three months ended May 31, 2016 and 4,000 stock options during the nine months ended May 31, 2016. The weighted average grant date fair value and the weighted average exercise price of the options granted were $4.12 and $10.35, respectively. As of May 31, 2016, we had $6.8 million of unrecognized share-based compensation expense, net of estimated forfeitures, related to unvested stock options. This expense is expected to be recognized over a weighted average period of 2.3 years.