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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 12 Months Ended
Nov. 13, 2019
Aug. 31, 2019
May 31, 2019
Feb. 28, 2019
Nov. 30, 2018
Aug. 31, 2018
May 31, 2018
Feb. 28, 2018
Nov. 30, 2017
Aug. 31, 2019
Aug. 31, 2018
Aug. 31, 2017
Revenue                        
Revenue                   $ 281,351,000 $ 284,188,000 $ 252,560,000
Costs and Expenses                        
Cost of products and services sold                   180,163,000 175,136,000 146,036,000
Selling, general and administrative expenses                   52,728,000 51,643,000 46,671,000
Loss on impairment of goodwill   $ 0   $ 2,410,000           2,410,000    
Operations optimization costs                   986,000 1,272,000 70,000
Acquisition-related costs (Note 14)                     393,000 584,000
Operating income                   45,064,000 55,744,000 59,199,000
Interest expense                   (519,000) (1,172,000) (839,000)
Gain on sale of real estate (Note 19)                       860,000
Gain on sale of license (Note 15)                     1,085,000  
Gain on sale of business (Note 18)                     1,480,000 2,013,000
Other income (expense)                   (992,000) (172,000) (341,000)
Income before income taxes                   43,553,000 56,965,000 60,892,000
Income taxes (Note 7)                   10,842,000 13,822,000 18,878,000
Net income   $ 10,074,000 $ 8,541,000 $ 5,273,000 $ 8,823,000 $ 11,163,000 $ 13,543,000 $ 10,122,000 $ 8,315,000 $ 32,711,000 $ 43,143,000 $ 42,014,000
Net income available to common shareholders, per common and common equivalent share (Note 17)                        
Basic   $ 1.07 $ 0.91 $ 0.56 $ 0.94 $ 1.19 $ 1.44 $ 1.08 $ 0.89 $ 3.48 $ 4.60 $ 4.49
Diluted   $ 1.07 $ 0.90 $ 0.56 $ 0.93 $ 1.18 $ 1.43 $ 1.07 $ 0.88 $ 3.46 $ 4.56 $ 4.44
Weighted average shares outstanding                        
Basic                   9,334,232 9,296,648 9,249,343
Diluted                   9,379,207 9,366,071 9,357,414
Cash dividends paid per share (in dollars per share)                   $ 0.80 $ 0.80 $ 0.70
Annual cash dividends declared per share $ 0.80                 $ 0.80 $ 0.80 $ 0.70
Product                        
Revenue                        
Revenue   $ 69,150,000 $ 70,883,000 $ 65,442,000 $ 71,364,000 $ 75,997,000 $ 77,653,000 $ 64,735,000 $ 60,577,000 $ 276,839,000 $ 278,962,000 $ 247,877,000
Royalties and commissions                        
Revenue                        
Revenue                   $ 4,512,000 $ 5,226,000 $ 4,683,000