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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Feb. 28, 2017
Feb. 29, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 18,746 $ 14,421
Adjustments to reconcile net income to net cash provided by operating activities    
Gain on sale of locations (860)  
Loss on write-down of certain assets under construction   365
Gain on sale of business   (1,031)
Depreciation 2,640 2,864
Amortization 4,506 3,836
Cost of sale of inventory step-up 190  
Recovery of allowance for doubtful accounts (379) (136)
Stock-based compensation 1,090 612
Realized gain on restricted investments (54) (63)
Decrease in cash surrender value of life insurance   90
Excess tax expense from stock-based compensation   (274)
Deferred taxes 10  
Increase (decrease) from changes in assets and liabilities    
Accounts receivable 2,826 5,877
Inventory (2,174) 1,570
Prepaid expenses and other assets (604) (488)
Accounts payable (729) (3,596)
Accrued compensation and other expenses (2,669) (2,477)
Accrued income taxes (230) (1,893)
Deferred compensation 183 (34)
Net cash provided by operating activities 22,492 19,643
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property, plant and equipment (1,414) (734)
(Cost to acquire) retirements of intangible assets (29) 15
Payment for acquisition (30,270)  
Proceeds from sale of location 2,122  
Net proceeds from sale of business 229 1,500
Increase in restricted investments (57) (102)
Proceeds from settlement of life insurance policy 1,504  
Payments for cash surrender value life insurance   (92)
Net cash (used in) provided by investing activities (27,915) 587
CASH FLOWS FROM FINANCING ACTIVITIES    
Payments of principal on debt (18,400) (4,200)
Dividend paid (6,532) (5,999)
Proceeds from exercise of common stock options 95 124
Payments of taxes on stock options and restricted stock (993) (403)
Excess tax benefit from stock-based compensation   274
Net cash used in financing activities (25,830) (10,204)
INCREASE (DECREASE) IN CASH & CASH EQUIVALENTS (31,253) 10,026
Effect of foreign exchange rates on cash (1,353) (2,137)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 73,411 43,819
CASH AND CASH EQUIVALENTS, END OF PERIOD 40,805 51,708
Non-cash Investing and Financing Activities    
Common stock received for payment of stock option exercises 846 513
Property, plant & equipment additions included in accounts payable $ 113 $ 6