Consolidated Balance Sheets - USD ($) $ in Thousands	Aug. 31, 2019	Aug. 31, 2018
Current assets:
Cash and cash equivalents	$ 127,204	$ 160,787
Receivables, net of allowance of $2,635 and $3,585, respectively	75,551	69,107
Inventories, net	92,287	79,233
Assets held-for-sale	2,744	10,837
Other current assets	15,704	11,087
Total current assets	313,490	331,051
Property, plant, and equipment, net	68,968	57,248
Intangible assets, net	24,382	27,376
Goodwill	64,387	64,671
Deferred income tax assets	11,758	6,645
Other noncurrent assets	17,329	12,824
Total assets	500,314	499,815
Current liabilities:
Accounts payable	29,434	30,530
Current portion of long-term debt	209	205
Liabilities held-for-sale	0	2,424
Other current liabilities	52,488	46,935
Total current liabilities	82,131	80,094
Pension benefits liabilities	6,029	5,874
Long-term debt	115,846	116,129
Deferred income tax liabilities	872	1,083
Other noncurrent liabilities	27,227	19,769
Total liabilities	232,105	222,949
Shareholders' equity:
Preferred stock of $1 par value - authorized 2,000 shares; no shares issued and outstanding	0	0
Common stock at $1 par value - authorized 25,000 shares; 18,870 and 18,841 shares issued at August 31, 2019 and 2018, respectively	18,870	18,841
Capital in excess of stated value	71,684	68,465
Retained earnings	474,740	484,886
Less treasury stock - at cost, 8,083 shares	(277,238)	(277,238)
Accumulated other comprehensive loss, net	(19,847)	(18,088)
Total shareholders' equity	268,209	276,866
Total liabilities and shareholders' equity	$ 500,314	$ 499,815