Pure Cycle Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document And Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- PRESENTATION OF INTERIM INFORMATION (Policies)
Notes Tables
Notes Details

SHAREHOLDERS' EQUITY (Details)

v2.4.0.8

SHAREHOLDERS' EQUITY (Details) (USD $)	3 Months Ended
SHAREHOLDERS' EQUITY (Details) (USD $)	Nov. 30, 2013
Number of options
Outstanding, beginning - Number of options	347,500
Granted - Number of options
Exercised - Number of options
Forfeited or expired - Number of options
Outstanding, ending - Number of options	347,500
Exercisable - Number of options	215,000
Weighted average exercise price
Outstanding, beginning - Weighted average exercise price	$ 5.62
Granted - Weighted average exercise price
Exercised - Weighted average exercise price
Forfeited or expired - Weighted average exercise price
Outstanding, ending - Weighted average exercise price	$ 5.62
Exercisable - Weighted average exercise price	$ 5.90
Weighted average remaining contractual term
Outstanding, ending - Weighted average remaining contractual term	6 years 8 months 8 days
Exercisable - Weighted average remaining contractual term	4 years 6 months 23 days
Approximate aggregate intrinsic value
Outstanding, ending - Approximate aggregate intrinsic value	$ 715,050
Exercisable - Approximate aggregate intrinsic value	$ 435,715

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Amount of difference between fair value of the underlying shares reserved for issuance and exercise price of vested portions of options outstanding and currently exercisable.

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The number of shares into which fully or partially vested stock options outstanding as of the balance sheet date can be currently converted under the option plan.

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The weighted-average price as of the balance sheet date at which grantees can acquire the shares reserved for issuance on vested portions of options outstanding and currently exercisable under the stock option plan.

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For presentations that combine terminations, the number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan or that expired.

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Weighted average price of options that were either forfeited or expired.

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Gross number of share options (or share units) granted during the period.

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Amount by which the current fair value of the underlying stock exceeds the exercise price of options outstanding.

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Number of options outstanding, including both vested and non-vested options.

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Weighted average price at which option holders acquired shares when converting their stock options into shares.

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Number of share options (or share units) exercised during the current period.

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