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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 29, 2020
Aug. 31, 2019
Current assets:    
Cash and cash equivalents $ 46,115 $ 266,341
Accounts receivable, net 89,966 44,240
Inventories 79,552 38,085
Prepaid expenses 5,183 2,882
Other current assets 14,818 6,059
Total current assets 235,634 357,607
Long-term assets:    
Property and equipment, net 12,008 2,456
Intangible assets, net 1,149,410 306,139
Goodwill 570,716 471,427
Other long-term assets 33,580 4,021
Total assets 2,001,348 1,141,650
Current liabilities:    
Accounts payable 38,018 15,730
Accrued interest 1,868 1,693
Accrued expenses and other current liabilities 34,139 29,933
Current maturities of long-term debt 264 676
Total current liabilities 74,289 48,032
Long-term liabilities:    
Long-term debt, less current maturities 624,076 190,259
Deferred income taxes 77,683 65,383
Other long-term liabilities 28,267 532
Total liabilities 804,315 304,206
See commitments and contingencies (Note 10)
Stockholders’ equity:    
Preferred stock, $0.01 par value, 100,000,000 shares authorized, none issued 0 0
Common stock, $0.01 par value, 600,000,000 shares authorized, 95,476,537 and 81,973,284 issued at February 29, 2020 and August 31, 2019, respectively 955 820
Treasury stock, 98,234 and 98,234 shares at cost at February 29, 2020 and August 31, 2019, respectively (2,145) (2,145)
Additional paid-in-capital 1,087,506 733,775
Retained earnings 111,694 105,830
Accumulated other comprehensive loss (977) (836)
Total stockholders’ equity 1,197,033 837,444
Total liabilities and stockholders’ equity $ 2,001,348 $ 1,141,650