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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
May 31, 2020
May 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (10,415) $ (6,898)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 8,429 8,619
Amortization of capitalized curriculum costs 3,042 3,951
Stock-based compensation (1,460) 3,040
Deferred income taxes 7,678 (2,207)
Change in fair value of contingent consideration liabilities (367) 1,145
Loss on disposal of assets 39  
Changes in assets and liabilities, net of effect of acquired business:    
Decrease in accounts receivable, net 34,692 19,461
Decrease in inventories 377 158
Decrease in prepaid expenses and other assets 1,784 2,585
Decrease in accounts payable and accrued liabilities (11,057) (2,792)
Decrease in deferred revenue (12,612) (8,384)
Increase (decrease) in income taxes payable/receivable (1,415) 358
Decrease in other long-term liabilities (6) (412)
Net cash provided by operating activities 18,709 18,624
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (3,336) (2,996)
Curriculum development costs (3,436) (1,821)
Purchase of note receivable from bank (Note 12) (2,600)  
Acquisition of business, net of cash acquired   (32)
Net cash used for investing activities (9,372) (4,849)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from line of credit borrowings 14,870 66,451
Payments on line of credit borrowings   (73,665)
Proceeds from term notes payable 5,000  
Principal payments on term notes payable (3,750) (4,688)
Principal payments on financing obligation (1,725) (1,544)
Purchases of common stock for treasury (13,833) (12)
Payment of contingent consideration liabilities (1,167) (483)
Proceeds from sales of common stock held in treasury 780 694
Net cash provided by (used for) financing activities 175 (13,247)
Effect of foreign currency exchange rates on cash and cash equivalents (205) 177
Net increase in cash and cash equivalents 9,307 705
Cash and cash equivalents at the beginning of the period 27,699 10,153
Cash and cash equivalents at end of the period 37,006 10,858
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 1,713 1,247
Cash paid for interest 1,751 1,855
Non-cash investing and financing activities:    
Purchases of property and equipment financed by accounts payable 352 597
Use of notes receivable to modify revenue contract (Note 12) $ 3,246  
Consideration for business acquisition from liabilities of acquiree   $ 798