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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
May 31, 2013
May 31, 2012
May 31, 2013
May 31, 2012
Income Statement [Abstract]        
Net sales $ 93,103 $ 87,022 $ 275,079 $ 257,933
Cost of products sold 45,319 43,940 135,442 131,370
Gross profit 47,784 43,082 139,637 126,563
Operating expenses:        
Selling, general and administrative 25,662 22,736 74,947 67,280
Advertising and sales promotion 6,641 6,702 17,978 19,465
Amortization of definite-lived intangible assets 523 504 1,454 1,669
Total operating expenses 32,826 29,942 94,379 88,414
Income from operations 14,958 [1] 13,140 [1] 45,258 [2] 38,149 [2]
Other income (expense):        
Interest income 105 61 362 182
Interest expense (182) (159) (483) (484)
Other income (expense), net (94) (170) 493 (342)
Income before income taxes 14,787 12,872 45,630 37,505
Provision for income taxes 4,520 3,736 13,958 10,993
Net income $ 10,267 $ 9,136 $ 31,672 $ 26,512
Earnings per common share:        
Basic $ 0.66 $ 0.57 $ 2.02 $ 1.65
Diluted $ 0.66 $ 0.57 $ 2.01 $ 1.64
Shares used in per share calculations:        
Basic 15,460 15,872 15,579 15,966
Diluted 15,561 16,008 15,682 16,094
Dividends declared per common share $ 0.31 $ 0.29 $ 0.91 $ 0.85
[1] As of and for the Three Months Ended May 31:AmericasEuropeAsia-PacificTotal2013Net sales$ 47,677$ 32,462$ 12,964$ 93,103Income from operations (1)$ 5,967$ 6,715$ 2,276$ 14,958Depreciation and amortization expense$ 1,033$ 240$ 54$ 1,327Interest income$ -$ 74$ 31$ 105Interest expense$ 179$ -$ 3$ 182Total assets$ 193,129$ 109,278$ 18,084$ 320,4912012Net sales$ 43,972$ 30,100$ 12,950$ 87,022Income from operations (1)$ 3,637$ 7,221$ 2,282$ 13,140Depreciation and amortization expense$ 887$ 281$ 48$ 1,216Interest income$ -$ 33$ 28$ 61Interest expense$ 157$ -$ 2$ 159Total assets$ 184,105$ 96,195$ 16,394$ 296,694Income from operations for the Americas segment included corporate expenses of $4.9 million and $5.0 million for the three months ended May 31, 2013 and 2012, respectively.
[2] As of and for the Nine Months Ended May 31:AmericasEuropeAsia-PacificTotal2013Net sales$ 133,249$ 100,107$ 41,723$ 275,079Income from operations (2)$ 14,363$ 22,666$ 8,229$ 45,258Depreciation and amortization expense$ 2,905$ 717$ 143$ 3,765Interest income$ 1$ 252$ 109$ 362Interest expense$ 476$ -$ 7$ 483Total assets$ 193,129$ 109,278$ 18,084$ 320,4912012Net sales$ 130,622$ 88,227$ 39,084$ 257,933Income from operations (2)$ 12,571$ 17,963$ 7,615$ 38,149Depreciation and amortization expense$ 2,567$ 989$ 135$ 3,691Interest income$ 1$ 90$ 91$ 182Interest expense$ 478$ -$ 6$ 484Total assets$ 184,105$ 96,195$ 16,394$ 296,694Income from operations for the Americas segment included corporate expenses of $14.7 million and $14.6 million for the nine months ended May 31, 2013 and 2012, respectively.