CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Feb. 28, 2018	Aug. 31, 2017
Current assets:
Cash and cash equivalents	$ 36,500	$ 37,082
Short-term investments	86,914	80,166
Trade accounts receivable, less allowance for doubtful accounts of $262 and $240 at February 28, 2018 and August 31, 2017, respectively	73,332	64,259
Inventories	39,973	35,340
Other current assets	5,689	8,007
Total current assets	242,408	224,854
Property and equipment, net	36,849	29,439
Goodwill	95,947	95,597
Other intangible assets, net	15,221	16,244
Deferred tax assets, net	501	495
Other assets	3,074	3,088
Total assets	394,000	369,717
Current liabilities:
Accounts payable	21,213	20,898
Accrued liabilities	19,267	18,997
Accrued payroll and related expenses	10,270	14,222
Short-term borrowings	14,020	20,000
Income taxes payable	1,738	1,306
Total current liabilities	66,508	75,423
Long-term borrowings	153,200	134,000
Deferred tax liabilities, net	11,761	18,949
Other long-term liabilities and income taxes payable	8,189	1,958
Total liabilities	239,658	230,330
Commitments and Contingencies (Note 11)
Shareholders' equity:
Common stock - authorized 36,000,000 shares, $0.001 par value; 19,729,392 and 19,688,238 shares issued at February 28, 2018 and August 31, 2017, respectively; and 13,928,937 and 13,984,183 shares outstanding at February 28, 2018 and August 31, 2017, respectively	20	20
Additional paid-in capital	152,536	150,692
Retained earnings	328,598	315,764
Accumulated other comprehensive income (loss)	(16,421)	(28,075)
Common stock held in treasury, at cost - 5,800,455 and 5,704,055 shares at February 28, 2018 and August 31, 2017, respectively	(310,391)	(299,014)
Total shareholders' equity	154,342	139,387
Total liabilities and shareholders' equity	$ 394,000	$ 369,717

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.