Consolidated Balance Sheets - USD ($) $ in Thousands	Aug. 31, 2017	Aug. 31, 2016
Current assets:
Cash and cash equivalents	$ 121,620	$ 101,246
Restricted cash		2,030
Receivables, net of allowance of $7,447 and $8,312, respectively	73,850	80,610
Inventories, net	86,155	74,750
Prepaid expenses	4,384	3,671
Other current assets	6,925	14,468
Total current assets	292,934	276,775
Property, plant and equipment, net	74,498	77,627
Intangible assets, net	42,808	47,200
Goodwill	77,131	76,803
Deferred income tax assets	5,311	4,225
Other noncurrent assets	13,350	4,885
Total assets	506,032	487,515
Current liabilities:
Accounts payable	36,717	32,268
Current portion of long-term debt	201	197
Other current liabilities	55,119	55,395
Total current liabilities	92,037	87,860
Pension benefits liabilities	6,295	6,869
Long-term debt	116,775	116,976
Deferred income tax liabilities	1,191	1,223
Other noncurrent liabilities	19,679	23,020
Total liabilities	235,977	235,948
Shareholders' equity:
Preferred stock of $1 par value - Authorized 2,000 shares; no shares issued and outstanding
Common stock of $1 par value - authorized 25,000 shares; 18,780 and 18,713 shares issued at August 31, 2017 and 2016, respectively	18,780	18,713
Capital in excess of stated value	63,006	57,338
Retained earnings	477,615	466,926
Less treasury stock - at cost, 8,083 and 8,083 shares at August 31, 2017 and 2016, respectively	(277,238)	(277,238)
Accumulated other comprehensive loss, net	(12,108)	(14,172)
Total shareholders' equity	270,055	251,567
Total liabilities and shareholders' equity	$ 506,032	$ 487,515