XML 13 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
May 31, 2016
Aug. 31, 2015
Current Assets:    
Cash and cash equivalents $ 202,616 $ 157,072
Short-term restricted cash 518 61
Receivables, net of allowance for doubtful accounts of $0 as of May 31, 2016 and August 31, 2015, respectively 5,949 9,662
Merchandise inventories 253,778 267,175
Prepaid expenses and other current assets 18,030 22,535
Total current assets 480,891 456,505
Long-term restricted cash 2,618 1,464
Property and equipment, net 456,584 433,040
Goodwill 35,652 35,871
Deferred tax assets 15,009 14,845
Other non-current assets (includes $3,889 and $4,129 as of May 31, 2016 and August 31, 2015, respectively, for the fair value of derivative instruments) 48,271 39,182
Investment in unconsolidated affiliates 10,798 10,317
Total Assets 1,049,823 991,224
Current Liabilities:    
Short-term borrowings 10,127 6,606
Accounts payable 245,096 241,978
Accrued salaries and benefits 18,502 17,977
Deferred membership income 21,127 20,184
Income taxes payable 5,425 9,595
Other accrued expenses (includes $192 and $66 as of May 31, 2016 and August 31, 2015, respectively, for the fair value of foreign currency forward contracts) 21,910 23,558
Dividends payable 10,629  
Long-term debt, current portion 16,099 17,169
Total current liabilities 348,915 337,067
Deferred tax liabilities 1,879 1,755
Long-term portion of deferred rent 8,817 6,595
Long-term income taxes payable, net of current portion 1,044 1,402
Long-term debt, net of current portion 71,462 73,365
Other long-term liabilities (includes $1,684 and $1,699 for the fair value of derivative instruments and $3,791 and $2,757 for post employment plans as of May 31, 2016 and August 31, 2015, respectively) 5,475 4,456
Total Liabilities 437,592 424,640
Equity:    
Common stock, $0.0001 par value, 45,000,000 shares authorized; 31,214,715 and 30,977,764 shares issued and 30,394,175 and 30,184,584 shares outstanding (net of treasury shares) as of May 31, 2016 and August 31, 2015, respectively 3 3
Additional paid-in capital 409,979 403,168
Tax benefit from stock-based compensation 11,290 10,711
Accumulated other comprehensive loss (106,431) (101,512)
Retained earnings 328,804 283,611
Less: treasury stock at cost; 820,540 shares as of May 31, 2016 and 793,180 shares as of August 31, 2015 (31,414) (29,397)
Total Equity 612,231 566,584
Total Liabilities and Equity $ 1,049,823 $ 991,224