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Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 31, 2024
Aug. 31, 2023
Current assets:    
Cash and cash equivalents $ 48,663 $ 38,230
Accounts receivable, less allowance for credit losses of $3,015 and $3,790 86,002 81,935
Inventories 4,002 4,213
Prepaid expenses 5,111 4,401
Other current assets 16,475 16,238
Total current assets 160,253 145,017
Property and equipment, net 8,736 10,039
Intangible assets, net 37,766 40,511
Goodwill 31,220 31,220
Deferred income tax assets 870 1,661
Other long-term assets 22,694 17,471
Total assets 261,539 245,919
Current liabilities:    
Current portion of notes payable 835 5,835
Current portion of financing obligation 3,112 3,538
Accounts payable 7,862 6,501
Deferred subscription revenue 101,218 95,386
Customer deposits 16,972 12,137
Accrued liabilities 32,454 28,252
Total current liabilities 162,453 151,649
Notes payable, less current portion 775 1,535
Financing obligation, less current portion 1,312 4,424
Other liabilities 10,732 7,617
Deferred income tax liabilities 3,132 2,040
Total liabilities 178,404 167,265
Commitments and contingencies (Note 9)
Shareholders’ equity:    
Common stock, $.05 par value; 40,000 shares authorized, 27,056 shares issued 1,353 1,353
Additional paid-in capital 231,813 232,373
Retained earnings 123,204 99,802
Accumulated other comprehensive loss (768) (987)
Treasury stock at cost, 14,084 shares and 13,974 shares (272,467) (253,887)
Total shareholders’ equity 83,135 78,654
Total liabilities and shareholders' equity $ 261,539 $ 245,919