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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 28, 2017
Aug. 31, 2016
[1]
Current Assets:    
Cash and cash equivalents $ 5,001 $ 4,878
Restricted cash, current 2,466 1,425
Trade accounts receivable, net 19,001 18,797
Inventory, net 24,586 21,532
Marketable securities, trading 226 540
Prepaid expenses and other current assets 1,152 1,135
Total current assets 52,432 48,307
Non-current Assets:    
Equipment and leasehold improvements, net 1,934 1,395
Other assets 876 890
Total assets 55,242 50,592
Current Liabilities:    
Trade accounts payable 13,500 12,727
Accrued expenses and other current liabilities 3,169 5,600
Liability for short sales of trading securities 2,466 1,425
Total current liabilities 19,135 19,752
Non-current Liabilities:    
Long-term debt 4,016 0
Total liabilities 23,151 19,752
Shareholders’ Equity:    
Convertible preferred stock, $0.01 par value per share; 10,000,000 shares authorized; 36,000 shares outstanding (liquidation value $900) 1 1
Common stock, $0.01 par value per share; 8,000,000 shares authorized; 4,861,590 shares outstanding 49 49
Additional paid-in capital 12,378 12,378
Accumulated other comprehensive income 611 730
Retained earnings 19,052 17,682
Total shareholders’ equity 32,091 30,840
Total liabilities and shareholders’ equity $ 55,242 $ 50,592
[1] Derived from the Company’s audited financial statements included in its Form 10-K for the year ended August 31, 2016 as filed with the U. S. Securities and Exchange Commission on November 23, 2016.