CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Feb. 28, 2017	Aug. 31, 2016
Current Assets:
Cash and cash equivalents	$ 40,805	$ 73,411
Accounts receivable, less allowance for doubtful accounts of $428 and $830	33,964	34,835
Inventory	28,953	25,814
Prepaid expenses and other current assets	2,782	3,728
Due from sale of business	229	457
Assets held for sale	14	604
Total current assets	106,747	138,849
Property, plant and equipment, net	35,428	36,742
Other Assets:
Goodwill	50,928	43,576
Intangible assets, less accumulated amortization of $37,435 and $33,352	51,424	36,580
Cash surrender value of life insurance, less current portion	4,530	4,530
Restricted investments	1,818	1,637
Funded pension plan	443	382
Deferred income taxes	412	441
Other assets	161	82
Total assets	251,891	262,819
Current Liabilities:
Current portion of long-term debt		43,400
Accounts payable	12,140	12,352
Accrued payroll and other compensation	3,620	6,553
Accrued expenses	3,385	3,892
Accrued income taxes	2,056	2,317
Total current liabilities	21,201	68,514
Long-term debt, less current portion	25,000
Deferred compensation	1,832	1,649
Accumulated pension obligation	15,736	15,563
Other liabilities	721	328
Accrued income taxes	1,254	1,229
Deferred income taxes	1,447	1,447
Commitments and Contingencies (Note 10)
Equity:
First Serial Preferred Stock, $1.00 par value: Authorized 100,000 shares; none issued
Common stock, $.10 par value: Authorized 20,000,000 shares; 9,350,880 shares at February 28, 2017 and 9,278,486 shares at August 31, 2016 issued and outstanding	935	928
Additional paid-in capital	14,904	14,719
Accumulated other comprehensive loss	(17,274)	(15,479)
Retained earnings	186,135	173,921
Total equity	184,700	174,089
Total liabilities and equity	$ 251,891	$ 262,819