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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
May 31, 2024
Aug. 31, 2023
Current Assets:    
Cash and cash equivalents $ 128,271 $ 239,984
Short-term restricted cash 2,832 2,865
Short-term investments 99,904 91,081
Receivables, net of allowance for doubtful accounts of $62 as of May 31, 2024 and $67 as of August 31, 2023 17,842 17,904
Merchandise inventories 516,464 471,407
Prepaid expenses and other current assets (includes $2,606 and $0 as of May 31, 2024 and August 31, 2023, respectively, for the fair value of derivative instruments) 57,515 53,866
Total current assets 822,828 877,107
Long-term restricted cash 9,239 9,353
Property and equipment, net 938,336 850,328
Operating lease right-of-use assets, net 100,391 114,201
Goodwill 43,182 43,110
Deferred tax assets 31,241 32,039
Other non-current assets (includes $1,979 and $7,817 as of May 31, 2024 and August 31, 2023, respectively, for the fair value of derivative instruments) 64,920 68,991
Investment in unconsolidated affiliates 10,561 10,479
Total Assets 2,020,698 2,005,608
Current Liabilities:    
Short-term borrowings 10,078 8,679
Accounts payable 491,203 453,229
Accrued salaries and benefits 46,763 45,441
Deferred income 37,777 32,613
Income taxes payable 4,785 9,428
Other accrued expenses and other current liabilities (includes $2,734 and $1,913 as of May 31, 2024 and August 31, 2023, respectively, for the fair value of derivative instruments) 42,163 57,273
Operating lease liabilities, current portion 7,179 7,621
Dividends payable 17,771 0
Long-term debt, current portion 36,672 20,193
Total current liabilities 694,391 634,477
Deferred tax liability 1,942 1,936
Long-term income taxes payable, net of current portion 5,039 5,045
Long-term operating lease liabilities 108,258 122,195
Long-term debt, net of current portion 98,426 119,487
Other long-term liabilities (includes $4,137 and $3,321 for the fair value of derivative instruments and $13,151 and $12,105 for post-employment plans as of May 31, 2024 and August 31, 2023, respectively) 17,288 15,425
Total Liabilities 925,344 898,565
Stockholders' Equity:    
Common stock $0.0001 par value, 45,000,000 shares authorized; 32,562,808 and 31,934,900 shares issued and 30,639,028 and 30,976,941 shares outstanding (net of treasury shares) as of May 31, 2024 and August 31, 2023, respectively 3 3
Additional paid-in capital 509,901 497,434
Accumulated other comprehensive loss (160,080) (163,992)
Retained earnings 861,158 817,559
Less: treasury stock at cost, 1,923,780 shares as of May 31, 2024 and 957,959 shares as of August 31, 2023 (115,628) (43,961)
Total Stockholders' Equity 1,095,354 1,107,043
Total Liabilities and Equity $ 2,020,698 $ 2,005,608