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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Feb. 29, 2020
Feb. 28, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 15,241 $ 14,096
Adjustments to reconcile net income to net cash provided by operating activities    
Loss on impairment of goodwill (Note 7)   2,410
Depreciation 2,041 2,491
Amortization 5,826 6,225
Provision (recovery) for allowance for doubtful accounts 81 (11)
Stock-based compensation 1,536 1,044
Realized (loss) gain on restricted investments (28) 4
Pension curtailment and settlement loss   473
Deferred taxes   (581)
Increase (decrease) from changes in assets and liabilities    
Accounts receivable 1,169 3,003
Inventory 3,338 (5,651)
Prepaid expenses and other assets (356) (1,864)
Accounts payable 2,425 (2,764)
Accrued compensation and other expenses (3,375) (2,847)
Accrued income taxes (437) 1,275
Net cash provided by operating activities 27,461 17,303
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property, plant and equipment (827) (1,304)
Cost to acquire intangible assets   (30)
Proceeds from sale of businesses   400
Changes in restricted investments (40) (41)
Net cash used in investing activities (867) (975)
CASH FLOWS FROM FINANCING ACTIVITIES    
Payments of principal on debt   (19,000)
Dividend paid (7,539) (7,522)
Proceeds from exercise of common stock options   182
Net cash used in financing activities (7,539) (26,340)
INCREASE IN CASH & CASH EQUIVALENTS 19,055 (10,012)
Effect of foreign exchange rates on cash 838 272
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 47,771 34,828
CASH AND CASH EQUIVALENTS, END OF PERIOD 67,664 25,088
Non-cash Investing and Financing Activities    
Common stock received for payment of stock option exercises 123 120
Property, plant and equipment additions included in accounts payable $ 154 $ 113