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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Nov. 30, 2019
Nov. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 7,362 $ 8,823
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation 1,053 1,238
Amortization 2,914 3,113
Provision for allowance for doubtful accounts 48 30
Stock-based compensation 714 505
Realized (loss) gain on restricted investments (5) 17
Pension curtailment and settlement loss   200
Deferred taxes   28
Increase (decrease) from changes in assets and liabilities    
Accounts receivable 2,193 1,523
Inventory 3,524 (3,692)
Prepaid expenses and other assets (520) (1,102)
Accounts payable 968 131
Accrued compensation and other expenses (2,266) (1,875)
Accrued income taxes 2,168 2,638
Net cash provided by operating activities 18,153 11,577
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property, plant and equipment (699) (639)
Cost to acquire intangible assets   (18)
Proceeds from sale of businesses   400
Changes in restricted investments (45) (38)
Net cash used in investing activities (744) (295)
CASH FLOWS FROM FINANCING ACTIVITIES    
Payments of principal on debt   (10,000)
Net cash used in financing activities   (10,000)
INCREASE IN CASH & CASH EQUIVALENTS 17,409 1,282
Effect of foreign exchange rates on cash 876 (590)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 47,771 34,828
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 66,056 $ 35,520