Consolidated Balance Sheets - USD ($) $ in Thousands	Aug. 31, 2020	Aug. 31, 2019
Current assets:
Cash and cash equivalents	$ 121,403	$ 127,204
Marketable securities	19,511	0
Receivables, net of allowance of $2,780 and $2,635, respectively	84,604	75,551
Inventories, net	104,792	92,287
Assets held-for-sale	0	2,744
Other current assets	17,625	15,704
Total current assets	347,935	313,490
Property, plant, and equipment, net	79,581	68,968
Intangible assets, net	23,477	24,382
Goodwill	68,004	64,387
Operating lease right-of-use assets	27,457	0
Deferred income tax assets	9,935	11,758
Other noncurrent assets	14,137	17,329
Total assets	570,526	500,314
Current liabilities:
Accounts payable	29,554	29,434
Current portion of long-term debt	195	209
Other current liabilities	72,646	52,488
Total current liabilities	102,395	82,131
Pension benefits liabilities	6,374	6,029
Long-term debt	115,682	115,846
Operating lease liabilities	25,862	0
Deferred income tax liabilities	889	872
Other noncurrent liabilities	20,806	27,227
Total liabilities	272,008	232,105
Shareholders' equity:
Preferred stock of $1 par value - authorized 2,000 shares; no shares issued and outstanding	0	0
Common stock at $1 par value - authorized 25,000 shares; 18,918 and 18,870 shares issued at August 31, 2020 and 2019, respectively	18,918	18,870
Capital in excess of stated value	77,686	71,684
Retained earnings	499,724	474,740
Less treasury stock - at cost, 8,083 shares	(277,238)	(277,238)
Accumulated other comprehensive loss, net	(20,572)	(19,847)
Total shareholders' equity	298,518	268,209
Total liabilities and shareholders' equity	$ 570,526	$ 500,314