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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Aug. 31, 2020
Aug. 31, 2019
Aug. 31, 2018
Operating Activities:      
Net income $ 78,181 $ 73,489 $ 74,403
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 61,225 54,958 52,640
Allowance for doubtful accounts 3 47 (369)
Asset impairment and closure costs     1,929
Loss on sale of property and equipment 443 1,079 1,339
Deferred income taxes (3,405) (4,401) 6,962
Equity in losses of unconsolidated affiliates 95 61 8
Stock-based compensation 13,817 15,061 10,218
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 (3,040) 14,961 (1,108)
Merchandise inventories 21,764 (10,248) (10,079)
Accounts payable 90,185 25,325 (16,489)
Net cash provided by operating activities 259,268 170,332 119,454
Investing Activities:      
Business acquisition, net of cash acquired     (23,895)
Additions to property and equipment (100,320) (140,061) (98,109)
Purchases of short-term investments (49,629) (15,244) (77,997)
Proceeds from settlements of short-term investments 20,182 30,527 45,693
Purchases of long-term investments (1,485)   (100)
Proceeds from disposal of property and equipment 40 74 629
Net cash used in investing activities (131,212) (124,704) (153,779)
Financing Activities:      
Proceeds from long-term bank borrowings 57,882   28,500
Repayment of long-term bank borrowings (15,164) (12,939) (32,088)
Proceeds from short-term bank borrowings 271,014 18,403 81,851
Repayment of short-term bank borrowings (212,919) (10,863) (81,851)
Cash dividend payments (21,527) (21,654) (21,240)
Purchase of treasury stock for tax withholding on stock compensation (3,651) (4,604) (3,183)
Proceeds from exercise of stock options     269
Other financing activities (72) (298) (75)
Net cash provided by (used in) financing activities 75,563 (31,955) (27,817)
Effect of exchange rate changes on cash and cash equivalents and restricted cash (6,084) (4,351) (6,656)
Net increase (decrease) in cash, cash equivalents 197,535 9,322 (68,798)
Cash, cash equivalents and restricted cash at beginning of period 106,236 96,914 165,712
Cash, cash equivalents and restricted cash at end of period 303,771 106,236 96,914
Supplemental disclosure of noncash investing activities:      
Capital expenditures accrued, but not yet paid 10,563 6,637 1,481
Cash paid during the period for:      
Interest, net of amounts capitalized 6,877 3,504 4,955
Income taxes 50,814 48,312 52,151
Reconciliation of cash, cash equivalents, and restricted cash:      
Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows $ 106,236 $ 96,914 $ 96,914