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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Feb. 28, 2019
Aug. 31, 2018
ASSETS    
Cash and cash equivalents $ 218,335 $ 208,623
Investments 27,069 29,259
Accounts receivable, net of reserves of $5,376 at February 28, 2019 and $3,490 at August 31, 2018 176,356 156,639
Prepaid taxes 25,730 6,274
Prepaid expenses and other current assets 40,475 30,121
Total current assets 487,965 430,916
Property, equipment and leasehold improvements, net 104,829 100,545
Goodwill 700,029 701,833
Intangible assets, net 136,409 148,935
Deferred taxes 6,737 9,716
Other assets 29,025 27,502
TOTAL ASSETS 1,464,994 1,419,447
LIABILITIES    
Accounts payable and accrued expenses 66,846 72,059
Accrued compensation 40,140 66,479
Deferred fees 59,178 49,700
Taxes payable 8,233 8,453
Dividends payable 24,385 24,443
Total current liabilities 198,782 221,134
Long-term debt 574,848 574,775
Deferred taxes 20,220 21,190
Deferred fees 8,475 7,833
Taxes payable 26,728 29,626
Deferred rent and other non-current liabilities 36,420 38,989
TOTAL LIABILITIES 865,473 893,547
Commitments and contingencies (see Note 17)
STOCKHOLDERS’ EQUITY    
Preferred stock, $.01 par value, 10,000,000 shares authorized, none issued
Common stock, $.01 par value, 150,000,000 shares authorized, 39,690,225 and 39,264,849 shares issued, 38,100,165 and 38,192,586 shares outstanding at February 28, 2019 and August 31, 2018, respectively 397 393
Additional paid-in capital 732,538 667,531
Treasury stock, at cost: 1,590,060 and 1,072,263 shares at February 28, 2019 and August 31, 2018, respectively (324,167) (213,428)
Retained earnings 244,388 122,843
Accumulated other comprehensive loss (53,635) (51,439)
TOTAL STOCKHOLDERS’ EQUITY 599,521 525,900
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,464,994 $ 1,419,447