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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended 12 Months Ended
May 31, 2024
Nov. 30, 2023
May 31, 2023
Nov. 30, 2022
May 31, 2024
May 31, 2023
Aug. 31, 2023
Operating activities:              
Net income $ 19,842 $ 17,482 $ 18,895 $ 13,997 $ 52,860 $ 49,418  
Adjustments to reconcile net income to net cash provided by operating activities:              
Depreciation and amortization 2,503   2,075   7,186 5,939  
Net (gains) losses on sales and disposals of property and equipment         (141) 20  
Deferred income taxes         539 (376)  
Stock-based compensation         5,051 5,793  
Amortization of cloud computing implementation costs         650 212  
Unrealized foreign currency exchange losses (gains)         108 (1,780)  
Provision for credit losses         325 18  
Write-off of inventories         1,347 693  
Changes in assets and liabilities:              
Trade and other accounts receivable         (15,771) (9,015)  
Inventories         9,137 9,826  
Other assets         (186) (538)  
Operating lease assets and liabilities, net         (26) 55  
Accounts payable and accrued liabilities         (347) (7,086)  
Accrued payroll and related expenses         1,915 1,470  
Other long-term liabilities and income taxes payable         2,177 944  
Net cash provided by operating activities         64,824 55,593  
Investing activities:              
Purchases of property and equipment         (3,359) (4,650)  
Proceeds from sales of property and equipment         457 437  
Acquisition of business, net of cash acquired         (6,201) 0  
Net cash used in investing activities         (9,103) (4,213)  
Financing activities:              
Treasury stock purchases         (8,094) (7,434)  
Dividends paid         (35,239) (33,273)  
Repayments of long-term senior notes         (800) (800)  
Net repayments from revolving credit facility         (11,592) (11,917)  
Shares withheld to cover taxes upon conversions of equity awards         (2,420) (600)  
Net cash used in financing activities         (58,145) (54,024)  
Effect of exchange rate changes on cash and cash equivalents         (419) 3,204  
Net (decrease) increase in cash and cash equivalents         (2,843) 560  
Cash and cash equivalents at beginning of period   $ 48,143   $ 37,843 48,143 37,843 $ 37,843
Cash and cash equivalents at end of period $ 45,300   $ 38,403   45,300 38,403 $ 48,143
Supplemental disclosure of noncash investing activities:              
Accrued capital expenditures         205 813  
Finance lease obligation settled with prepaid deposit         $ 3,855 $ 0