XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
May 31, 2020
May 31, 2019
May 31, 2020
May 31, 2019
Revenue        
Revenue $ 64,871 $ 72,112 $ 197,255 $ 211,246
Costs and Expenses        
Cost of products and services sold 39,689 46,406 122,138 136,194
Selling, general and administrative expenses 12,773 13,251 40,223 39,699
Operations optimization costs (Note 15) 268 193 977 453
Loss on impairment of goodwill (Note 7)       2,410
Operating income 12,141 12,262 33,917 32,490
Interest expense (67) (91) (178) (457)
Gain on sale of real estate (Note 14) 760   760  
Other income (expense) (307) 17 (1,096) (1,105)
Income before income taxes 12,527 12,188 33,403 30,928
Income taxes (Note 17) 2,619 3,647 8,254 8,291
Net income $ 9,908 $ 8,541 $ 25,149 $ 22,637
Net income available to common shareholders, per common and common equivalent share (Note 4)        
Basic $ 1.05 $ 0.91 $ 2.67 $ 2.41
Diluted $ 1.04 $ 0.90 $ 2.64 $ 2.39
Weighted average shares outstanding        
Basic 9,363,559 9,337,436 9,357,176 9,333,098
Diluted 9,429,263 9,378,910 9,435,897 9,377,748
Annual cash dividends declared per share     $ 0.80 $ 0.80
Product        
Revenue        
Revenue $ 64,157 $ 70,883 $ 194,540 $ 207,689
Royalties and commissions        
Revenue        
Revenue $ 714 $ 1,229 $ 2,715 $ 3,557