Acquisitions (Tables)

9 Months Ended

May 31, 2017

Acquisitions

Schedule of allocation of acquisition cost to the acquired tangible and identifiable intangible assets and liabilities assumed based on their fair values as of the date of the acquisition

Assets & Liabilities	Amount
Accounts receivable	$	1,877
Inventory		1,300
Prepaid expenses and other current assets		63
Property, plant & equipment		623
Goodwill		7,592
Intangible assets		19,450
Accounts payable and accrued liabilities		(635)
Total purchase price	$	30,270

Schedule of identifiable intangible assets purchased as part of business acquisition

Intangible Asset	Amount		Useful life
Customer relationships	$	17,500	10	years
Technology		1,200	4	years
Trade names		750	7	years
Total intangible assets	$	19,450

Schedule of pro forma information

	Three Months Ended			Nine Months Ended
	May 31, 2016			May 31, 2017		May 31, 2016
Revenue	$	67,358	$	185,151	$	185,275
Net income		7,551		31,272		21,268
Net income available to common shareholders, per common and common equivalent share
Basic earnings per share	$	0.81	$	3.34	$	2.31
Diluted earnings per share	$	0.80	$	3.31	$	2.27