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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
May 31, 2024
May 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 53,521 $ 53,150
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 15,847 14,466
Provision for uncollectible accounts receivable 321 985
Deferred income taxes (2,504) (1,548)
Share-based compensation expense 4,887 4,775
Unrealized foreign currency transaction loss 58 2,045
Other, net 237 574
Changes in assets and liabilities:    
Receivables 8,107 (15,842)
Inventories (17,118) 25,289
Other current assets (9,768) 4,401
Accounts payable (8,592) (17,953)
Other current liabilities (5,539) (11,865)
Other noncurrent assets and liabilities 3,193 691
Net cash provided by operating activities 42,650 59,168
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant, and equipment (23,527) (13,283)
Purchases of marketable securities (15,042) (4,932)
Proceeds from maturities of marketable securities 8,320 3,675
Other investing activities, net (2,140) (4,399)
Net cash used in investing activities (32,389) (18,939)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repurchase of common stock (17,900) 0
Dividends paid (11,557) (11,228)
Common stock withheld for payroll tax obligations (1,575) (2,471)
Proceeds from exercise of stock options 479 0
Other financing activities, net 313 180
Net cash used in financing activities (30,240) (13,519)
Effect of exchange rate changes on cash and cash equivalents (555) (181)
Net change in cash and cash equivalents (20,534) 26,529
Cash and cash equivalents, beginning of period 160,755 105,048
Cash and cash equivalents, end of period $ 140,221 $ 131,577