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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Aug. 31, 2022
Aug. 31, 2021
Current Assets    
Cash and cash equivalents $ 315,495 $ 119,429
Accounts receivable, less allowances of $610 and $451 51,540 46,212
Inventory 63,039 41,217
Prepaid expenses and other current assets 4,374 2,851
Prepaid income taxes and refunds due 2,329 3,255
Total current assets 436,777 212,964
Property, plant and equipment, less accumulated depreciation of $52,503 and $50,666 24,248 24,267
Other Assets    
Goodwill 95,160 97,866
Intangible assets, less accumulated amortization of $101,237 and $91,484 33,661 46,954
Cash surrender value of life insurance 4,450 4,450
Restricted investments 2,367 2,260
Deferred income taxes 5,763 5,265
Operating lease right-of-use asset 8,596 9,312
Other assets 558 821
Total assets 611,580 404,159
Current Liabilities    
Accounts payable 20,122 19,575
Accrued payroll and other compensation 6,381 7,179
Income taxes payable 554 761
Accrued expenses 8,271 5,407
Total current liabilities 35,328 32,922
Long-term debt 180,000  
Operating lease long-term liabilities 6,618 7,202
Deferred compensation 2,375 2,267
Accumulated pension obligation 7,431 9,416
Other liabilities 2,897 2,537
Deferred income taxes 2,282 3,301
Accrued income taxes 1,820 2,190
Total liabilities 238,751 59,835
Commitments and contingencies (Note 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; 9,462,765 shares at August 31, 2022 and 9,447,905 shares at August 31, 2021 issued and outstanding 947 946
Additional paid-in capital 21,409 18,959
Accumulated other comprehensive loss (20,367) (11,210)
Retained earnings 370,840 335,629
Total equity 372,829 344,324
Total liabilities and equity $ 611,580 $ 404,159