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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Feb. 29, 2020
Feb. 28, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 553 $ (4,874)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 5,613 5,789
Amortization of capitalized curriculum costs 2,029 2,856
Stock-based compensation expense 3,644 1,989
Deferred income taxes (2,012) (1,402)
Change in fair value of contingent consideration liabilities (91) 76
Loss on disposal of assets 38  
Changes in assets and liabilities, net of effect of acquired business:    
Decrease in accounts receivable, net 24,556 21,197
Decrease in inventories 681 402
Decrease (increase) in prepaid expenses and other assets (180) 2,425
Decrease in accounts payable and accrued liabilities (6,959) (6,298)
Decrease in deferred revenue (8,888) (8,842)
Increase (decrease) in income taxes payable/receivable (1,605) 214
Decrease in other long-term liabilities (6) (182)
Net cash provided by operating activities 17,373 13,350
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (2,516) (2,195)
Curriculum development costs (2,232) (1,256)
Purchase of note receivable from bank (Note 12) (2,600)  
Acquisition of business, net of cash acquired   (32)
Net cash used for investing activities (7,348) (3,483)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from line of credit borrowings   46,032
Payments on line of credit borrowings   (48,993)
Proceeds from term notes payable financing 5,000  
Principal payments on term notes payable (2,500) (3,125)
Principal payments on financing obligation (1,139) (1,020)
Purchases of common stock for treasury (13,833) (12)
Payment of contingent consideration liabilities (911) (301)
Proceeds from sales of common stock held in treasury 484 444
Net cash used for financing activities (12,899) (6,975)
Effect of foreign currency exchange rates on cash and cash equivalents (15) 63
Net increase (decrease) in cash and cash equivalents (2,889) 2,955
Cash and cash equivalents at the beginning of the period 27,699 10,153
Cash and cash equivalents at end of the period 24,810 13,108
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 1,381 831
Cash paid for interest 1,144 1,276
Non-cash investing and financing activities:    
Purchases of property and equipment financed by accounts payable 985 $ 369
Use of notes receivable to modify revenue contract (Note 12) $ 3,246