XML 21 R9.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Feb. 29, 2020
Feb. 28, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings (loss) $ 13,861 $ (2,228)
Adjustments to reconcile net earnings to net cash used in operating activities:    
Depreciation and amortization 9,418 6,889
Gain on sale of assets held-for-sale (1,191) 0
Loss on sale of business 0 67
Provision for uncollectible accounts receivable 213 (315)
Deferred income taxes 1,806 (105)
Share-based compensation expense 2,575 2,403
Other, net (638) (1,093)
Changes in assets and liabilities:    
Receivables (5,716) (18,157)
Inventories (14,153) (22,246)
Other current assets (4,539) (5,111)
Accounts payable 3,540 8,402
Other current liabilities (2,183) (9,792)
Other noncurrent assets and liabilities (5,178) 1,439
Net cash used in operating activities (2,185) (39,847)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant, and equipment (5,335) (11,701)
Proceeds from sale of assets held-for-sale 3,955 0
Purchases of marketable securities available-for-sale (19,978) 0
Proceeds from maturities of marketable securities available-for-sale 1,250 0
Proceeds from settlement of net investment hedges 1,092 1,462
Payments for settlement of net investment hedges 0 (245)
Other investing activities, net 0 38
Net cash used in investing activities (19,016) (10,446)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercise of stock options 1,545 177
Common stock withheld for payroll tax obligations (1,111) (1,124)
Principal payments on long-term debt (104) (102)
Dividends paid (6,711) (6,688)
Net cash used in financing activities (6,381) (7,737)
Effect of exchange rate changes on cash and cash equivalents 1,650 21
Net change in cash and cash equivalents (25,932) (58,009)
Cash and cash equivalents, beginning of period 127,204 160,787
Cash and cash equivalents, end of period 101,272 102,778
SUPPLEMENTAL CASH FLOW INFORMATION    
Income taxes paid, net of refunds 2,294 5,876
Interest paid 2,334 2,329
NONCASH INVESTING ACTIVITIES:    
Note receivable from sale of business $ 0 $ 5,823