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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
May 31, 2020
May 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 23,955 $ 669
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:    
Depreciation and amortization 14,146 10,452
Gain on sale of assets held-for-sale (1,191) 0
Loss on sale of business 0 301
Provision for uncollectible accounts receivable 466 (726)
Deferred income taxes 27 (2,556)
Share-based compensation expense 4,118 3,226
Foreign currency transaction loss 3,632 99
Other, net 1,575 (113)
Changes in assets and liabilities:    
Receivables (11,379) (26,371)
Inventories (23,765) (14,467)
Other current assets (6,681) 546
Accounts payable 5,385 9,072
Other current liabilities 14,485 (4,078)
Other noncurrent assets and liabilities (8,810) 4,318
Net cash provided by (used in) operating activities 15,963 (19,628)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant, and equipment (12,268) (20,210)
Proceeds from sale of assets held-for-sale 3,955 0
Purchases of marketable securities available-for-sale (23,389) 0
Proceeds from maturities of marketable securities available-for-sale 4,320 0
Proceeds from settlement of net investment hedges 1,503 2,262
Payments for settlement of net investment hedges 0 (327)
Acquisition of business, net of cash acquired (3,034) 0
Other investing activities, net 0 60
Net cash used in investing activities (28,913) (18,215)
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 (174) (153)
Payment of debt issuance costs 0 (115)
Dividends paid (10,177) (10,032)
Net cash used in financing activities (9,917) (11,247)
Effect of exchange rate changes on cash and cash equivalents (1,863) (858)
Net change in cash and cash equivalents (24,730) (49,948)
Cash and cash equivalents, beginning of period 127,204 160,787
Cash and cash equivalents, end of period 102,474 110,839
SUPPLEMENTAL CASH FLOW INFORMATION    
Income taxes paid, net of refunds 2,910 6,278
Interest paid 2,409 2,379
NONCASH INVESTING ACTIVITIES:    
Earn-out liability related to business acquisition 1,195 0
Holdback related to business acquisition 300 0
Note receivable from sale of business $ 0 $ 5,589