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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 28, 2019
Aug. 31, 2018
Current assets:    
Cash and cash equivalents $ 13,108 $ 10,153
Accounts receivable, less allowance for doubtful accounts of $4,185 and $3,555 50,591 71,914
Inventories 2,840 3,160
Income taxes receivable   179
Prepaid expenses and other current assets 12,879 14,757
Total current assets 79,418 100,163
Property and equipment, net 19,725 21,401
Intangible assets, net 50,146 51,934
Goodwill 24,220 24,220
Deferred income tax assets 5,652 3,222
Other long-term assets 11,015 12,935
Total assets 190,176 213,875
Current liabilities:    
Current portion of term notes payable 7,813 10,313
Current portion of financing obligation 2,211 2,092
Accounts payable 7,933 9,790
Income taxes payable 107  
Deferred revenue 45,209 51,888
Accrued liabilities 16,074 20,761
Total current liabilities 79,347 94,844
Line of credit 8,376 11,337
Term notes payable, less current portion 1,875 2,500
Financing obligation, less current portion 17,844 18,983
Other liabilities 7,490 5,501
Deferred income tax liabilities 210 210
Total liabilities 115,142 133,375
Shareholders' equity:    
Common stock, $.05 par value; 40,000 shares authorized, 27,056 shares issued 1,353 1,353
Additional paid-in capital 212,960 211,280
Retained earnings 55,552 63,569
Accumulated other comprehensive income 470 341
Treasury stock at cost, 13,109 shares and 13,159 shares (195,301) (196,043)
Total shareholders' equity 75,034 80,500
Total liabilities and shareholders' equity $ 190,176 $ 213,875