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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
May. 31, 2015
Aug. 31, 2014
Current assets:    
Cash and cash equivalents $ 46,917 $ 57,803
Short-term investments 48,261 45,050
Trade and other accounts receivable, less allowance for doubtful accounts of $424 and $406 at May 31, 2015 and August 31, 2014 respectively 62,213 63,618
Inventories 33,203 34,989
Current deferred tax assets, net 5,709 5,855
Other current assets 4,066 8,339
Total current assets 200,369 215,654
Property and equipment, net 11,214 9,702
Goodwill 96,440 95,499
Other intangible assets, net 23,749 23,671
Other assets 3,262 3,154
Total assets 335,034 347,680
Current liabilities:    
Accounts payable 18,502 18,031
Accrued liabilities 15,937 18,382
Revolving credit facility, current portion   98,000
Accrued payroll and related expenses 11,186 15,969
Income taxes payable 28 1,529
Total current liabilities 45,653 151,911
Revolving credit facility 108,000  
Long-term deferred tax liabilities, net 23,142 24,253
Other long-term liabilities 2,250 2,101
Total liabilities $ 179,045 $ 178,265
Commitments and contingencies (Note 11)    
Shareholders' equity:    
Common stock ― authorized 36,000,000 shares, $0.001 par value; 19,527,923 and 19,464,310 shares issued at May 31, 2015 and August 31, 2014, respectively; and 14,481,172 and 14,754,362 shares outstanding at May 31, 2015 and August 31, 2014, respectively $ 20 $ 19
Additional paid-in capital 140,147 136,212
Retained earnings 254,503 237,596
Accumulated other comprehensive income (loss) (7,280) 1,103
Common stock held in treasury, at cost ― 5,049,751 and 4,709,948 shares at May 31, 2015 and August 31, 2014, respectively (231,401) (205,515)
Total shareholders' equity 155,989 169,415
Total liabilities and shareholders' equity $ 335,034 $ 347,680