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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
May 31, 2025
May 31, 2024
Operating activities:    
Net income $ 23,166 $ 8,461
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,268 1,247
Bad debt expense 203 359
Deferred tax provision (18) 51
Net unrealized (gain) loss on trading securities (205) 357
Impairment on termination of lease 0 3,906
Increase (decrease) in cash flow from change in:    
Trade accounts receivable (4,781) (7,764)
Inventory (13,178) (11,139)
Prepaid expenses and other assets 27 98
Operating lease right-of-use assets 774 5,490
Trade accounts payable 6,268 8,043
Accrued expenses and other current liabilities (3,416) 785
Operating lease liabilities (704) (5,501)
Net cash provided by operating activities 9,404 4,393
Investing activities:    
Purchase of property, equipment, and leasehold improvements (575) (32,527)
Net (purchases) sales of marketable securities, trading (7,110) 17,466
Net cash used in investing activities (7,685) (15,061)
Financing activities:    
Borrowing on revolving credit facility 491  
Repayments on long-term debt (96) (94)
Preferred stock dividend (57) (57)
Bank overdraft 4,377 3,066
Net cash provided by financing activities 4,715 2,915
Effect of foreign currency exchange rate changes on cash and cash equivalents (7) (68)
Net increase (decrease) in cash, cash equivalents, and restricted cash 6,427 (7,821)
Cash, cash equivalents, and restricted cash - beginning of period 853 8,568
Cash, cash equivalents, and restricted cash - end of period 7,280 747
Supplemental disclosures of cash flow information:    
Cash paid for interest 143 145
Cash paid for income taxes $ 9,213 $ 8,276