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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 30, 2020
Aug. 31, 2020
Current assets:    
Cash and cash equivalents $ 34,260 $ 27,137
Accounts receivable, less allowance for doubtful accounts of $3,751 and $4,159 43,066 56,407
Inventories 2,675 2,974
Prepaid expenses and other current assets 15,430 15,146
Total current assets 95,431 101,664
Property and equipment, net 14,169 15,723
Intangible assets, net 45,996 47,125
Goodwill 24,220 24,220
Deferred income tax assets 1,028 1,094
Other long-term assets 15,516 15,611
Total assets 196,360 205,437
Current liabilities:    
Current portion of term notes payable 5,000 5,000
Current portion of financing obligation 2,670 2,600
Accounts payable 3,691 5,622
Deferred subscription revenue 55,681 59,289
Other deferred revenue 7,654 7,389
Accrued liabilities 21,902 22,628
Total current liabilities 96,598 102,528
Term notes payable, less current portion 13,750 15,000
Financing obligation, less current portion 13,350 14,048
Other liabilities 8,820 9,110
Deferred income tax liabilities 5,089 5,298
Total liabilities 137,607 145,984
Shareholders’ equity:    
Common stock, $.05 par value; 40,000 shares authorized, 27,056 shares issued 1,353 1,353
Additional paid-in capital 209,667 211,920
Retained earnings 49,076 49,968
Accumulated other comprehensive income 948 641
Treasury stock at cost, 13,028 shares and 13,175 shares (202,291) (204,429)
Total shareholders’ equity 58,753 59,453
Total liabilities and shareholders' equity $ 196,360 $ 205,437