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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Nov. 30, 2021
Aug. 31, 2021
Current assets:    
Cash and cash equivalents $ 59,519 $ 85,961
Trade and other accounts receivable, less allowance for doubtful accounts of $451 and $463 at November 30, 2021 and August 31, 2021, respectively 95,542 89,558
Inventories 67,875 55,752
Other current assets 10,392 9,948
Total current assets 233,328 241,219
Property and equipment, net 68,980 70,145
Goodwill 95,723 95,869
Other intangible assets, net 6,828 7,244
Operating lease right-of-use assets 8,528 8,824
Deferred tax assets, net 840 858
Other assets 7,212 6,044
Total assets 421,439 430,203
Current liabilities:    
Accounts payable 35,303 33,499
Accrued liabilities 26,214 25,658
Accrued payroll and related expenses 18,096 25,662
Short-term borrowings 800 800
Income taxes payable 645 317
Total current liabilities 81,058 85,936
Long-term borrowings 112,729 114,940
Deferred tax liabilities, net 11,066 10,401
Long-term operating lease liabilities 6,722 7,062
Other long-term liabilities 11,466 11,482
Total liabilities 223,041 229,821
Commitments and Contingencies (Note 11)
Shareholders' equity:    
Common stock - authorized 36,000,000 shares, $0.001 par value; 19,886,937 and 19,856,865 shares issued at November 30, 2021 and August 31, 2021, respectively; and 13,707,038 and 13,708,966 shares outstanding at November 30, 2021 and August 31, 2021, respectively 20 20
Additional paid-in capital 162,382 163,737
Retained earnings 439,385 430,735
Accumulated other comprehensive loss (27,923) (26,030)
Common stock held in treasury, at cost - 6,179,899 and 6,147,899 shares at November 30, 2021 and August 31, 2021, respectively (375,466) (368,080)
Total shareholders' equity 198,398 200,382
Total liabilities and shareholders' equity $ 421,439 $ 430,203