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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 30, 2019
Aug. 31, 2019
Current assets:    
Cash and cash equivalents $ 32,761 $ 27,699
Accounts receivable, less allowance for doubtful accounts of $4,570 and $4,242 53,195 73,227
Inventories 3,155 3,481
Prepaid expenses and other current assets 14,092 14,933
Total current assets 103,203 119,340
Property and equipment, net 18,181 18,579
Intangible assets, net 46,519 47,690
Goodwill 24,220 24,220
Deferred income tax assets 5,158 5,045
Other long-term assets 14,010 10,039
Total assets 211,291 224,913
Current liabilities:    
Current portion of term notes payable 5,000 5,000
Current portion of financing obligation 2,399 2,335
Accounts payable 6,970 9,668
Deferred subscription revenue 45,987 56,250
Other deferred revenue 6,674 5,972
Accrued liabilities 16,976 24,319
Total current liabilities 84,006 103,544
Term notes payable, less current portion 18,750 15,000
Financing obligation, less current portion 16,020 16,648
Other liabilities 8,800 7,527
Deferred income tax liabilities 180 180
Total liabilities 127,756 142,899
Shareholders' equity:    
Common stock, $.05 par value; 40,000 shares authorized, 27,056 shares issued 1,353 1,353
Additional paid-in capital 217,946 215,964
Retained earnings 58,859 59,403
Accumulated other comprehensive income 232 269
Treasury stock at cost, 13,078 shares and 13,087 shares (194,855) (194,975)
Total shareholders' equity 83,535 82,014
Total liabilities and shareholders' equity $ 211,291 $ 224,913