CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	May 31, 2017	Aug. 31, 2016
Current Assets:
Cash and cash equivalents	$ 192,106	$ 199,522
Short-term restricted cash	816	518
Receivables, net of allowance for doubtful accounts of $7 as of May 31, 2017 and August 31, 2016, respectively	6,591	7,464
Merchandise inventories	279,417	282,907
Prepaid expenses and other current assets (includes $3 and $34 as of May 31, 2017 and August 31, 2016, respectively, for the fair value of foreign currency forward contracts)	21,805	22,143
Total current assets	500,735	512,554
Long-term restricted cash	2,765	2,676
Property and equipment, net	533,157	473,045
Goodwill	35,632	35,637
Deferred tax assets	13,893	12,258
Other non-current assets (includes $2,679 and $3,224 as of May 31, 2017 and August 31, 2016, respectively, for the fair value of derivative instruments)	46,928	49,798
Investment in unconsolidated affiliates	10,766	10,767
Total Assets	1,143,876	1,096,735
Current Liabilities:
Short-term borrowings		16,534
Accounts payable	233,226	267,173
Accrued salaries and benefits	20,664	19,606
Deferred membership income	22,346	20,920
Income taxes payable	5,257	4,226
Other accrued expenses (includes $400 and $144 as of May 31, 2017 and August 31, 2016, respectively, for the fair value of foreign currency forward contracts)	20,788	24,880
Dividends payable	10,643
Long-term debt, current portion	20,376	14,565
Total current liabilities	333,300	367,904
Deferred tax liability	1,472	1,760
Long-term portion of deferred rent	8,890	8,961
Long-term income taxes payable, net of current portion	801	970
Long-term debt, net of current portion	104,338	73,542
Other long-term liabilities (includes $600 and $1,514 for the fair value of derivative instruments and $4,806 and $4,013 for post employment plans as of May 31, 2017 and August 31, 2016, respectively)	5,688	5,527
Total Liabilities	454,489	458,664
Equity:
Common stock, $0.0001 par value, 45,000,000 shares authorized; 31,258,752 and 31,237,658 shares issued and 30,398,239 and 30,401,307 shares outstanding (net of treasury shares) as of May 31, 2017 and August 31, 2016, respectively	3	3
Additional paid-in capital	420,130	412,369
Tax benefit from stock-based compensation	11,552	11,321
Accumulated other comprehensive loss	(108,258)	(103,951)
Retained earnings	400,702	351,060
Less: treasury stock at cost, 860,513 shares and 836,351 shares as of May 31, 2017 and August 31, 2016, respectively	(34,742)	(32,731)
Total Equity	689,387	638,071
Total Liabilities and Equity	$ 1,143,876	$ 1,096,735