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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Nov. 30, 2024
Nov. 30, 2023
Aug. 31, 2024
Operating activities:      
Net income $ 18,925 $ 17,482  
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 2,075 2,261  
Amortization of cloud computing implementation costs 416 57  
Net gains on sales and disposals of property and equipment (41) (58)  
Deferred income taxes 522 625  
Stock-based compensation 1,499 2,271  
Unrealized foreign currency exchange (gains) losses (330) 322  
Provision for credit losses 994 42  
Write-off of inventories 255 811  
Changes in assets and liabilities:      
Trade and other accounts receivable (293) 2,886  
Inventories (2,651) 4,042  
Other assets (1,177) 139  
Operating lease assets and liabilities, net 14 (8)  
Accounts payable and accrued liabilities (1,730) (4,697)  
Accrued payroll and related expenses (4,954) (998)  
Other long-term liabilities and income taxes payable 1,406 1,739  
Net cash provided by operating activities 14,930 26,916  
Investing activities:      
Purchases of property and equipment (691) (786)  
Proceeds from sales of property and equipment 124 115  
Net cash used in investing activities (567) (671)  
Financing activities:      
Treasury stock purchases (3,627) (2,414)  
Dividends paid (11,958) (11,297)  
Repayments of long-term senior notes (400) (400)  
Net proceeds (repayments) from revolving credit facility 14,771 (9,713)  
Shares withheld to cover taxes upon conversions of equity awards (2,883) (678)  
Net cash used in financing activities (4,097) (24,502)  
Effect of exchange rate changes on cash and cash equivalents (2,051) 431  
Net increase in cash and cash equivalents 8,215 2,174  
Cash and cash equivalents at beginning of period 46,699 48,143 $ 48,143
Cash and cash equivalents at end of period 54,914 50,317 $ 46,699
Supplemental disclosure of noncash investing activities:      
Accrued capital expenditures 188 190  
Finance lease obligation settled with prepaid deposit $ 0 $ 3,855