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Condensed Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Feb. 29, 2020
Feb. 28, 2019
Operating activities:    
Net income $ 4,515,000 $ 3,886,000
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 506,000 503,000
Bad debt expense 14,000 18,000
Change in inventory provision 68,000 107,000
Loss on sale of real property 102,000  
Net gain on trading securities (391,000) (102,000)
(Increase) decrease in:    
Trade accounts receivable 931,000 (1,889,000)
Inventory (2,852,000) (5,033,000)
Prepaid expenses and other assets (1,026,000) (524,000)
Increase (decrease) in:    
Trade accounts payable (2,243,000) 2,206,000
Accrued expenses and other current liabilities (3,245,000) (3,853,000)
Net cash used in operating activities (3,621,000) (4,681,000)
Investing activities:    
Purchase of property, equipment, and leasehold improvements (4,591,000) (330,000)
Proceeds from sale of real property 7,075,000  
Net sales of marketable securities, trading 1,370,000 1,071,000
Net change in liabilities for short sales of trading securities 1,731,000 (115,000)
Net cash provided by investing activities 5,585,000 626,000
Financing activities:    
Borrowings on revolving credit facility, net 3,192,000 4,593,000
Borrowings on construction loan 3,342,000  
Repayments on long-term debt (5,125,000) (72,000)
Preferred stock dividend (38,000) (38,000)
Bank overdraft (147,000) 457,000
Net cash provided by financing activities 1,224,000 4,940,000
Effect of foreign currency exchange rate changes on cash and cash equivalents (249,000) 277,000
Net increase in cash, cash equivalents, and restricted cash 2,939,000 1,162,000
Cash, cash equivalents, and restricted cash - beginning of period 5,347,000 3,638,000
Cash, cash equivalents, and restricted cash - end of period 8,286,000 4,800,000
Supplemental disclosures of cash flow information:    
Cash paid for interest 178,000 201,000
Cash paid for income taxes $ 3,395,000 $ 3,059,000