CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	May 31, 2020	Aug. 31, 2019
Current Assets
Cash and cash equivalents	$ 83,259	$ 47,771
Accounts receivable, less allowance for doubtful accounts of $433 and $739	35,999	39,324
Inventory	40,551	42,354
Prepaid expenses and other current assets	2,604	2,418
Assets held for sale	14	1,064
Prepaid income taxes	427	1,451
Total current assets	162,854	134,382
Property, plant and equipment, less accumulated depreciation of $52,035 and $49,730	26,656	29,326
Other Assets
Goodwill	82,044	81,986
Intangible assets, less accumulated amortization of $74,715 and $65,862	44,003	52,704
Cash surrender value of life insurance	4,450	4,450
Restricted investments	1,413	1,260
Deferred income taxes	3,767	3,804
Operating lease right-of-use asset (Note 8)	8,658
Other assets	25	56
Total assets	333,870	307,968
Current Liabilities
Accounts payable	12,087	12,105
Accrued payroll and other compensation	5,447	6,300
Accrued expenses	5,570	4,035
Total current liabilities	23,104	22,440
Operating lease long-term liabilities (Note 8)	6,157
Deferred compensation	1,424	1,275
Accumulated pension obligation	9,575	10,485
Other liabilities	100	217
Accrued income taxes	2,017	2,324
Commitments and contingencies (Note 10)
Equity
First Serial Preferred Stock, $1.00 par value: Authorized 100,000 shares; none issued
Common stock, $.10 par value: Authorized 20,000,000 shares; 9,442,398 shares at May 31, 2020 and 9,400,748 shares at August 31, 2019 issued and outstanding	945	940
Additional paid-in capital	16,235	14,351
Accumulated other comprehensive loss	(14,945)	(14,324)
Retained earnings	289,258	270,260
Total equity	291,493	271,227
Total liabilities and equity	$ 333,870	$ 307,968