Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	May 31, 2020	Aug. 31, 2019	May 31, 2019
Current assets:
Cash and cash equivalents	$ 102,474	$ 127,204	$ 110,839
Marketable securities	19,012	0	0
Receivables, net of allowance of $2,607, $2,498, and $2,635, respectively	84,931	75,551	94,584
Inventories, net	113,301	92,287	91,091
Assets held-for-sale	0	2,744	2,744
Other current assets, net	19,469	15,704	17,903
Total current assets	339,187	313,490	317,161
Property, plant, and equipment:
Cost	198,180	188,695	188,215
Less accumulated depreciation	(125,353)	(119,727)	(117,848)
Property, plant, and equipment, net	72,827	68,968	70,367
Intangibles, net	24,053	24,382	25,103
Goodwill	67,635	64,387	64,454
Operating lease right-of-use assets	27,663	0	0
Deferred income tax assets	11,118	11,758	8,783
Other noncurrent assets	15,003	17,329	20,054
Total assets	557,486	500,314	505,922
Current liabilities:
Accounts payable	35,310	29,434	37,509
Current portion of long-term debt	195	209	208
Other current liabilities	71,712	52,488	49,102
Total current liabilities	107,217	82,131	86,819
Pension benefits liabilities	5,787	6,029	5,661
Long-term debt	115,723	115,846	115,885
Operating lease liabilities	26,333	0	0
Deferred income tax liabilities	835	872	918
Other noncurrent liabilities	18,633	27,227	26,245
Total liabilities	274,528	232,105	235,528
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; 18,918, 18,870, and 18,870 shares issued, respectively	18,918	18,870	18,870
Capital in excess of stated value	76,188	71,684	70,566
Retained earnings	488,518	474,740	476,580
Less treasury stock - at cost, 8,083 shares	(277,238)	(277,238)	(277,238)
Accumulated other comprehensive loss, net	(23,428)	(19,847)	(18,384)
Total shareholders' equity	282,958	268,209	270,394
Total liabilities and shareholders' equity	$ 557,486	$ 500,314	$ 505,922