XML 17 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
May 31, 2017
Aug. 31, 2016
ASSETS    
Cash and cash equivalents $ 161,758 $ 228,407
Investments 31,927 24,217
Accounts receivable, net of reserves of $1,691 at May 31, 2017 and $1,521 at August 31, 2016 147,455 97,797
Prepaid taxes 5,344
Deferred taxes 2,623 3,158
Prepaid expenses and other current assets 24,076 15,697
Total current assets 373,183 369,276
Property, equipment and leasehold improvements, net 97,442 84,622
Goodwill 695,667 452,915
Intangible assets, net 175,534 93,161
Deferred taxes 5,099 13,406
Other assets 11,089 5,781
TOTAL ASSETS 1,358,014 1,019,161
LIABILITIES    
Accounts payable and accrued expenses 63,611 45,836
Accrued compensation 36,722 51,036
Deferred fees 51,210 33,247
Deferred taxes 1,781 291
Taxes payable 6,856 7,781
Dividends payable 21,951 20,019
Total current liabilities 182,131 158,210
2017 Revolving Credit Facility 575,000 300,000
Deferred Fees 2,476
Deferred taxes 23,039 1,708
Taxes payable 10,780 8,782
Deferred rent and other non-current liabilities 37,035 33,080
TOTAL LIABILITIES 830,461 501,780
Commitments and contingencies (See Note 18)
STOCKHOLDERS’ EQUITY    
Preferred stock, $.01 par value, 10,000,000 shares authorized, none issued
Common stock, $.01 par value, 150,000,000 shares authorized, 51,737,696 and 51,150,978 shares issued; 39,198,325 and 40,038,225 shares outstanding at May 31, 2017 and August 31, 2016, respectively 517 512
Additional paid-in capital 720,020 623,195
Treasury stock, at cost: 12,539,371 and 11,112,753 shares at May 31, 2017 and August 31, 2016, respectively (1,560,466) (1,321,700)
Retained earnings 1,421,122 1,283,927
Accumulated other comprehensive loss (53,640) (68,553)
TOTAL STOCKHOLDERS’ EQUITY 527,553 517,381
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,358,014 $ 1,019,161