XML 14 R5.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
May 31, 2022
Aug. 31, 2021
May 31, 2021
Feb. 28, 2021
Current assets:        
Cash and cash equivalents $ 81,757 $ 127,107 $ 120,801  
Marketable securities 13,930 19,604 19,663  
Receivables, net of allowance of $3,726, $3,021, and $3,422, respectively 155,518 93,609 107,713  
Inventories, net 195,566 145,244 136,601  
Other current assets, net 28,663 30,539 32,947  
Total current assets 475,434 416,103 417,725  
Property, plant, and equipment:        
Cost 239,001 229,000 230,205  
Less accumulated depreciation (144,560) (137,003) (137,688)  
Property, plant, and equipment, net 94,441 91,997 92,517  
Intangibles, net 18,769 20,367 21,893  
Goodwill 67,476 67,968 68,134  
Operating lease right-of-use assets 20,263 18,281 19,360  
Deferred income tax assets 7,857 8,113 10,247  
Other noncurrent assets 27,676 14,356 12,341  
Total assets 711,916 637,185 642,217  
Current liabilities:        
Accounts payable 72,350 45,209 49,351  
Current portion of long-term debt 221 217 216  
Other current liabilities 101,243 92,814 94,589  
Total current liabilities 173,814 138,240 144,156  
Pension benefits liabilities 5,474 5,754 6,086  
Long-term debt 115,384 115,514 115,557  
Operating lease liabilities 20,688 18,301 19,369  
Deferred income tax liabilities 730 832 881  
Other noncurrent liabilities 15,056 20,099 19,995  
Total liabilities 331,146 298,740 306,044  
Shareholders' equity:        
Preferred stock of $1 par value - authorized 2,000 shares; no shares issued and outstanding 0 0 0  
Common stock of $1 par value - authorized 25,000 shares; 19,063, 18,991, and 18,991 shares issued, respectively 19,063 18,991 18,991  
Capital in excess of stated value 92,516 86,495 85,257  
Retained earnings 564,805 528,130 525,926  
Less treasury stock - at cost, 8,083 shares (277,238) (277,238) (277,238)  
Accumulated other comprehensive loss, net (18,376) (17,933)   $ (16,763)
Total shareholders' equity 380,770 338,445 336,173 $ 319,024
Total liabilities and shareholders' equity $ 711,916 $ 637,185 $ 642,217