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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
May 31, 2023
May 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 53,150 $ 47,540
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:    
Depreciation and amortization 14,466 14,930
Provision for uncollectible accounts receivable 985 734
Deferred income taxes (1,548) 514
Share-based compensation expense 4,775 4,061
Unrealized foreign currency transaction loss (gain) 2,045 (754)
Other, net 574 645
Changes in assets and liabilities:    
Receivables (15,842) (63,365)
Inventories 25,289 (49,209)
Other current assets 4,401 1,669
Accounts payable (17,953) 26,319
Other current liabilities (11,865) 822
Other noncurrent assets and liabilities 691 (8,840)
Net cash provided by (used in) operating activities 59,168 (24,934)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant, and equipment (13,283) (12,222)
Purchases of marketable securities (4,932) (18,468)
Proceeds from maturities of marketable securities 3,675 23,592
Other investing activities, net (4,399) (2,952)
Net cash used in investing activities (18,939) (10,050)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercise of stock options 0 2,894
Common stock withheld for payroll tax obligations (2,471) (1,181)
Proceeds from employee stock purchase plan 346 319
Principal payments on long-term debt (166) (163)
Dividends paid (11,228) (10,865)
Net cash used in financing activities (13,519) (8,996)
Effect of exchange rate changes on cash and cash equivalents (181) (1,370)
Net change in cash and cash equivalents 26,529 (45,350)
Cash and cash equivalents, beginning of period 105,048 127,107
Cash and cash equivalents, end of period $ 131,577 $ 81,757