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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Aug. 31, 2019
Aug. 31, 2018
Aug. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net earnings $ 2,172 $ 20,277 $ 23,179
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 14,018 16,514 16,678
Loss on sale of businesses 301 4,056  
Provision for uncollectible accounts receivable (496) (2,587) (574)
Deferred income taxes (5,686) (50) (903)
Share-based compensation expense 4,195 3,891 3,598
Valuation adjustment for indirect tax credits 2,795    
Other, net 981 2,903 626
Changes in assets and liabilities:      
Receivables (7,969) (3,714) 7,959
Inventories (16,187) (8,173) (10,092)
Other current assets 173 (1,150) 4,581
Accounts payable 2,119 159 4,076
Other current liabilities 2,629 3,671 (3,821)
Other noncurrent assets and liabilities 4,752 (1,863) (5,858)
Net cash provided by operating activities 3,797 33,934 39,449
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of property, plant, and equipment (23,211) (11,054) (8,863)
Proceeds from sale of businesses   29,888  
Proceeds from settlement of net investment hedges 2,262 2,278 2,117
Payments for settlement of net investment hedges (327) (3,089) (3,466)
Other investing activities, net 57 82 233
Net cash (used in) provided by investing activities (21,219) 18,105 (9,979)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from exercise of stock options 177 2,788 3,020
Common stock withheld for payroll tax obligations (1,124) (833) (635)
Principal payments on long-term debt (205) (201) (197)
Payment of debt issuance costs (115)    
Dividends paid (13,375) (13,006) (12,490)
Net cash used in financing activities (14,642) (11,252) (10,302)
Effect of exchange rate changes on cash and cash equivalents (1,519) (1,620) 1,206
Net change in cash and cash equivalents (33,583) 39,167 20,374
Cash and cash equivalents, beginning of period 160,787 121,620 101,246
Cash and cash equivalents, end of period 127,204 160,787 121,620
SUPPLEMENTAL CASH FLOW INFORMATION      
Income taxes paid 7,887 11,184 16,214
Interest paid 4,671 $ 4,626 $ 4,696
NONCASH INVESTING ACTIVITIES      
Issuance of note receivable from sale of business $ 5,589