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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
May 31, 2025
May 31, 2024
Operating Activities:    
Net income $ 116,346 $ 109,807
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 65,386 61,114
Allowance for credit losses 0 (5)
Loss on sale of property and equipment 1,579 872
Deferred income taxes (953) 461
Equity in losses (gains) of unconsolidated affiliates 13 (82)
Stock-based compensation 13,806 12,652
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 (9,329) (12,998)
Merchandise inventories (24,445) (45,057)
Accounts payable 16,757 38,990
Net cash provided by operating activities 179,160 165,754
Investing Activities:    
Additions to property and equipment (101,586) (141,873)
Purchases of short-term investments (72,255) (134,108)
Proceeds from settlements of short-term investments 77,818 125,464
Proceeds from disposal of property and equipment 235 1,138
Net cash used in investing activities (95,788) (149,379)
Financing Activities:    
Proceeds from long-term bank borrowings 5,441 16,500
Repayment of long-term bank borrowings (32,742) (21,433)
Proceeds from short-term bank borrowings 10,964 3,884
Repayment of short-term bank borrowings (318) (2,941)
Cash dividend payments (19,376) (48,437)
Purchase of treasury stock (5,857) (71,852)
Net cash used in financing activities (41,888) (124,279)
Effect of exchange rate changes on cash and cash equivalents and restricted cash 5,324 (3,956)
Net increase (decrease) in cash, cash equivalents 46,808 (111,860)
Cash, cash equivalents and restricted cash at beginning of period 136,311 252,202
Cash, cash equivalents and restricted cash at end of period 183,119 140,342
Supplemental disclosure of noncash investing activities:    
Capital expenditures accrued, but not yet paid 1,140 3,514
Dividends declared but not yet paid 19,411 17,771
Reconciliation of cash, cash equivalents, and restricted cash:    
Cash and cash equivalents 167,961 128,271
Short-term restricted cash 3,488 2,832
Long-term restricted cash 11,670 9,239
Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows $ 183,119 $ 140,342