XML 19 R8.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Feb. 29, 2016
Feb. 28, 2015
Operating activities:    
Net income $ 25,731 $ 22,119
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 3,311 3,247
Net gains on sales and disposals of property and equipment (15) (31)
Deferred income taxes (407) (1,046)
Excess tax benefits from settlements of stock-based equity awards (1,544) (587)
Stock-based compensation 1,889 1,636
Unrealized foreign currency exchange (gains) losses, net (1,116) 1,745
Provision for bad debts 97 209
Changes in assets and liabilities:    
Trade and other accounts receivable (14,828) (12,602)
Inventories (4,858) (408)
Other assets (660) 2,332
Accounts payable and accrued liabilities 3,199 4,501
Accrued payroll and related expenses (3,948) (8,037)
Income taxes payable 3,346 318
Other long-term liabilities 84 100
Net cash provided by operating activities 10,281 13,496
Investing activities:    
Purchases of property and equipment (2,155) (2,833)
Proceeds from sales of property and equipment 92 250
Acquisition of business   (3,705)
Purchases of short-term investments (11,829) (1,831)
Maturities of short-term investments 4,278 1,673
Net cash used in investing activities (9,614) (6,446)
Financing activities:    
Treasury stock purchases (15,122) (14,551)
Dividends paid (11,591) (10,606)
Proceeds from issuance of common stock 708 856
Excess tax benefits from settlements of stock-based equity awards 1,544 587
Net proceeds from revolving credit facility 14,541 5,000
Net cash used in financing activities (9,920) (18,714)
Effect of exchange rate changes on cash and cash equivalents (2,333) (2,438)
Net decrease in cash and cash equivalents (11,586) (14,102)
Cash and cash equivalents at beginning of period 53,896 57,803
Cash and cash equivalents at end of period $ 42,310 $ 43,701