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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Aug. 31, 2019
Aug. 31, 2018
Aug. 31, 2017
Operating Activities:      
Net income $ 73,489 $ 74,403 $ 90,724
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 54,958 52,640 46,292
Allowance for doubtful accounts 47 (369)  
Asset impairment and closure costs   1,929  
(Gain)/loss on sale of property and equipment 1,079 1,339 1,961
Deferred income taxes (4,401) 6,962 (2,845)
Equity in (gains)/losses of unconsolidated affiliates 61 8 1
Stock-based compensation 15,061 10,218 9,689
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 14,961 (1,108) 1,894
Merchandise inventories (10,248) (10,079) (28,039)
Accounts payable 25,325 (16,489) 3,344
Net cash provided by (used in) operating activities 170,332 119,454 123,021
Investing Activities:      
Business acquisition, net of cash acquired   (23,895)  
Additions to property and equipment (140,061) (98,109) (135,294)
Short-term investments (15,244) (77,997)  
Proceeds from settlements of short-term investments 30,527 45,693  
Deposits for land purchase option agreements   (100) (300)
Proceeds from disposal of property and equipment 74 629 377
Net cash provided by (used in) investing activities (124,704) (153,779) (135,217)
Financing Activities:      
Proceeds from long-term bank borrowings   28,500 47,700
Repayment of long-term bank borrowings (12,939) (32,088) (29,395)
Proceeds from short-term bank borrowings 18,403 81,851 678
Repayment of short-term bank borrowings (10,863) (81,851) (17,179)
Cash dividend payments (21,654) (21,240) (21,285)
Purchase of treasury stock for tax withholding on stock compensation (4,604) (3,183) (3,193)
Proceeds from exercise of stock options   269 704
Other financing activities (298) (75)  
Net cash provided by (used in) financing activities (31,955) (27,817) (21,970)
Effect of exchange rate changes on cash and cash equivalents and restricted cash (4,351) (6,656) (2,838)
Net increase (decrease) in cash, cash equivalents 9,322 (68,798) (37,004)
Cash, cash equivalents, and restricted cash at beginning of period 96,914 165,712 202,716
Cash, cash equivalents, and restricted cash at end of period 106,236 96,914 165,712
Supplemental disclosure of cash flow information:      
Interest, net of amounts capitalized 3,504 4,955 3,765
Income taxes 48,312 52,151 44,261
Reconciliation of cash, cash equivalents, and restricted cash:      
Total cash, cash equivalents, and restricted cash shown in the Consolidated statements of cash flows $ 96,914 $ 165,712 $ 202,716