CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Aug. 31, 2020	Aug. 31, 2019
Current Assets
Cash and cash equivalents	$ 99,068	$ 47,771
Accounts receivable, less allowance for doubtful accounts of $438 and $739	36,993	39,324
Inventory	39,058	42,354
Prepaid expenses and other current assets	2,470	2,418
Assets held for sale		1,064
Prepaid income taxes	231	1,451
Total current assets	177,820	134,382
Property, plant and equipment, less accumulated depreciation of $52,283 and $49,730	25,574	29,326
Other Assets
Goodwill	82,402	81,986
Intangible assets, less accumulated amortization of $78,351 and $65,862	41,200	52,704
Cash surrender value of life insurance	4,450	4,450
Restricted investments	1,619	1,260
Deferred income taxes	4,929	3,804
Operating lease right-of-use asset (Note 8)	8,821
Other assets	15	56
Total assets	346,830	307,968
Current Liabilities
Accounts payable	12,525	12,105
Accrued payroll and other compensation	5,751	6,300
Accrued expenses	4,867	4,035
Total current liabilities	23,143	22,440
Operating lease long-term liabilities (Note 8)	6,395
Deferred compensation	1,629	1,275
Accumulated pension obligation	10,930	10,485
Other liabilities		217
Accrued income taxes	1,941	2,324
Commitments and contingencies (Notes 6, 8, 21)
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; 9,439,082 shares at August 31, 2020 and 9,400,748 shares at August 31, 2019 issued and outstanding	944	940
Additional paid-in capital	16,674	14,351
Accumulated other comprehensive loss	(13,092)	(14,324)
Retained earnings	298,266	270,260
Total equity	302,792	271,227
Total liabilities and equity	$ 346,830	$ 307,968