CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Feb. 28, 2017	Aug. 31, 2016
Current assets:
Cash and cash equivalents	$ 33,572	$ 50,891
Short-term investments	67,720	57,633
Trade accounts receivable, less allowance for doubtful accounts of $268 and $394 at February 28, 2017 and August 31, 2016, respectively	66,086	64,680
Inventories	37,980	31,793
Other current assets	6,187	4,475
Total current assets	211,545	209,472
Property and equipment, net	22,293	11,545
Goodwill	95,439	95,649
Other intangible assets, net	17,550	19,191
Deferred tax assets, net	621	621
Other assets	2,806	3,190
Total assets	350,254	339,668
Current liabilities:
Accounts payable	21,832	18,690
Accrued liabilities	16,848	15,757
Accrued payroll and related expenses	10,548	20,866
Revolving credit facility, current	14,233
Income taxes payable	3,119	3,381
Total current liabilities	66,580	58,694
Revolving credit facility	134,000	122,000
Deferred tax liabilities, net	17,442	16,365
Other long-term liabilities	2,668	2,214
Total liabilities	220,690	199,273
Commitments and contingencies (Note 11)
Shareholders' equity:
Common stock - authorized 36,000,000 shares, $0.001 par value; 19,676,623 and 19,621,820 shares issued at February 28, 2017 and August 31, 2016, respectively; and 14,088,804 and 14,208,338 shares outstanding at February 28, 2017 and August 31, 2016, respectively	20	20
Additional paid-in capital	148,498	145,936
Retained earnings	300,797	289,642
Accumulated other comprehensive income (loss)	(33,128)	(27,298)
Common stock held in treasury, at cost - 5,587,819 and 5,413,482 shares at February 28, 2017 and August 31, 2016, respectively	(286,623)	(267,905)
Total shareholders' equity	129,564	140,395
Total liabilities and shareholders' equity	$ 350,254	$ 339,668

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Balance Type:	credit
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- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.