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Segment Information (Tables)
3 Months Ended
Nov. 30, 2017
Schedule Of Segment Operations



 

 

 

 

 

 



 

 

 

 

 

 



 

Sales to

 

 

 

 

Quarter Ended

 

External

 

 

 

Adjusted

November 30, 2017

 

Customers

 

Gross Profit

 

EBITDA



 

 

 

 

 

 

Direct offices

$

34,197 

$

24,561 

$

3,078 

Education practice

 

9,176 

 

5,430 

 

(670)

International licensees

 

3,320 

 

2,503 

 

1,412 

Total

 

46,693 

 

32,494 

 

3,820 

Corporate and eliminations

 

1,239 

 

374 

 

(3,218)

Consolidated

$

47,932 

$

32,868 

$

602 



 

 

 

 

 

 

Quarter Ended

 

 

 

 

 

 

November 26, 2016

 

 

 

 

 

 



 

 

 

 

 

 

Direct offices

$

26,383 

$

16,937 

$

(1,761)

Education practice

 

8,743 

 

5,024 

 

233 

International licensees

 

3,431 

 

2,652 

 

1,308 

Total

 

38,557 

 

24,613 

 

(220)

Corporate and eliminations

 

1,230 

 

695 

 

(2,599)

Consolidated

$

39,787 

$

25,308 

$

(2,819)



Reconciliation Of Adjusted EBITDA



 

 

 

 

 



 

 

 

 

 



Quarter Ended



 

November 30,

 

 

November 26,



 

2017

 

 

2016

Enterprise Adjusted EBITDA

$

3,820 

 

$

(220)

Corporate expenses

 

(3,218)

 

 

(2,599)

Consolidated Adjusted EBITDA

 

602 

 

 

(2,819)

Stock-based compensation expense

 

(956)

 

 

(1,214)

Reduction (increase) in contingent

 

 

 

 

 

    consideration liabilities

 

(176)

 

 

1,013 

China office start-up costs

 

 -

 

 

(479)

ERP system implementation costs

 

(426)

 

 

(288)

Depreciation

 

(901)

 

 

(866)

Amortization

 

(1,395)

 

 

(722)

Loss from operations

 

(3,252)

 

 

(5,375)

Interest income

 

61 

 

 

116 

Interest expense

 

(549)

 

 

(620)

Loss before income taxes

 

(3,740)

 

 

(5,879)

Income tax benefit

 

1,348 

 

 

1,921 

Net loss

$

(2,392)

 

$

(3,958)