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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
May 31, 2024
Aug. 31, 2023
May 31, 2023
Current assets:      
Cash and cash equivalents $ 140,221 $ 160,755 $ 131,577
Marketable securities 12,497 5,556 12,806
Receivables, net of allowance of $5,149, $4,959, and $5,048, respectively 134,461 144,774 154,167
Inventories, net 171,522 155,932 166,759
Other current assets, net 30,017 20,467 25,943
Total current assets 488,718 487,484 491,252
Property, plant, and equipment:      
Cost 277,825 257,741 252,741
Less accumulated depreciation (166,196) (158,060) (155,749)
Property, plant, and equipment, net 111,629 99,681 96,992
Intangibles, net 25,644 27,719 16,860
Goodwill 84,102 83,121 67,441
Operating lease right-of-use assets 16,308 17,036 17,378
Deferred income tax assets 13,367 10,885 11,518
Other noncurrent assets 18,333 19,734 22,177
Total assets 758,101 745,660 723,618
Current liabilities:      
Accounts payable 35,062 44,278 42,207
Current portion of long-term debt 229 226 225
Other current liabilities 88,446 91,604 90,616
Total current liabilities 123,737 136,108 133,048
Pension benefits liabilities 4,159 4,382 4,653
Long-term debt 115,029 115,164 115,209
Operating lease liabilities 16,134 17,689 18,119
Deferred income tax liabilities 682 689 689
Other noncurrent liabilities 18,364 15,977 15,104
Total liabilities 278,105 290,009 286,822
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;19,123, 19,092, and 19,094 shares issued, respectively 19,123 19,094 19,092
Capital in excess of stated value 102,752 98,508 96,627
Retained earnings 678,261 636,297 620,922
Less treasury stock - at cost, 8,237 shares (295,138) (277,238) (277,238)
Accumulated other comprehensive loss, net (25,002) (21,010) (22,607)
Total shareholders' equity 479,996 455,651 436,796
Total liabilities and shareholders' equity $ 758,101 $ 745,660 $ 723,618