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Consolidated Statements of Cash Flows - Unaudited - USD ($)
$ in Thousands
6 Months Ended
Feb. 29, 2020
Feb. 28, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 182,643 $ 168,998
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 28,296 29,052
Stock-based compensation expense 18,028 16,140
Deferred income taxes (3,091) 1,088
Loss on sale of assets 145 196
Changes in assets and liabilities, net of effects of acquisitions    
Accounts receivable, net of reserves (21,835) (19,676)
Accounts payable and accrued expenses 10,356 (5,423)
Accrued compensation (23,518) (26,266)
Deferred fees 10,775 9,729
Taxes payable, net of prepaid taxes (12,182) (17,385)
Other, net 5,843 (10,899)
Net cash provided by operating activities 195,460 145,554
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property, equipment and leasehold improvements, net of proceeds from dispositions (51,899) (21,482)
Purchases of investments (2,236) (7,927)
Proceeds from maturity or sale of investments 4,199 10,041
Net cash used in investing activities (49,936) (19,368)
CASH FLOWS FROM FINANCING ACTIVITIES    
Repurchases of common stock (158,595) (110,739)
Dividend payments (54,363) (48,442)
Proceeds from employee stock plans 50,487 43,362
Other financing, net (1,586) 0
Net cash used by financing activities (164,057) (115,819)
Effect of exchange rate changes on cash and cash equivalents 2,222 (655)
Net (decrease) increase in cash and cash equivalents (16,311) 9,712
Cash and cash equivalents at beginning of period 359,799 208,623
Cash and cash equivalents at end of period $ 343,488 $ 218,335