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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Nov. 30, 2017
Nov. 30, 2016
Operating Activities:    
Net income $ 22,490 $ 24,869
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 12,237 11,117
Allowance for doubtful accounts (1) 7
(Gain)/loss on sale of property and equipment 159 407
Deferred income taxes (349) 984
Equity in (gains) losses of unconsolidated affiliates (16) (7)
Stock-based compensation 2,461 2,442
Change in operating assets and liabilities:    
Receivables, prepaid expenses and other current assets, non-current assets, accrued salaries and benefits, deferred membership income and other accruals (7,049) (6,516)
Merchandise inventories (61,467) (44,082)
Accounts payable 21,372 12,894
Net cash provided by (used in) operating activities (10,163) 2,115
Investing Activities:    
Additions to property and equipment (19,752) (16,973)
Deposits for land purchase option agreements   (500)
Proceeds from disposal of property and equipment 20 108
Net cash provided by (used in) investing activities (19,732) (17,365)
Financing Activities:    
Repayment of long-term bank borrowings (7,554) (3,688)
Proceeds from short-term bank borrowings 16,954 681
Repayment of short-term bank borrowings (14,696) (4,155)
Net cash provided by (used in) financing activities (5,296) (7,162)
Effect of exchange rate changes on cash and cash equivalents and restricted cash 2,021 (1,650)
Net increase (decrease) in cash, cash equivalents, and restricted cash (33,170) (24,062)
Cash, cash equivalents, and restricted cash at beginning of period 165,712 202,716
Cash, cash equivalents, and restricted cash at end of period 132,542 178,654
Reconciliation of cash, cash equivalents, and restricted cash:    
Total Cash, Cash equivalents, and restricted cash shown in statement of cash flows $ 165,712 $ 202,716