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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands | 6 Months Ended
--- | ---
Feb. 28, 2017 | Feb. 29, 2016
Document Period End Date | Feb. 28, 2017 |
Operating Activities |  |
Net earnings (loss) | $ 10,039 | $ (143,742)
Adjustments to reconcile net earnings (loss) to cash provided by operating activities: |  |
Depreciation and amortization | 21,625 | 24,858
Stock-based compensation expense | 12,177 | 5,778
Benefit for deferred income taxes | 551 | 420
Asset Impairment Charges, Net of Tax | 0 | 169,056
Amortization of debt issuance costs | 826 | 826
Other non-cash adjustments | 715 | (619)
Changes in components of working capital and other: |  |
Accounts receivable | (20,897) | 8,437
Inventories | (394) | (5,399)
Trade accounts payable | 12,276 | (4,926)
Prepaid expenses and other assets | (10,819) | (8,404)
Income taxes payable/receivable | (7,567) | (17,437)
Accrued compensation and benefits | (3,704) | (2,281)
Other accrued liabilities | (795) | 2,296
Cash provided by operating activities | 14,033 | 28,863
Investing Activities |  |
Capital expenditures | (14,695) | (11,004)
Proceeds from sale of property, plant and equipment | 244 | 4,636
Business acquisitions, net of cash acquired | 0 | (15,026)
Cash used in investing activities | (14,451) | (21,394)
Financing Activities |  |
Net borrowings (repayment) on debt | (7,500) |
Purchase of treasury shares | 0 | (9,352)
Taxes paid related to the net share settlement of equity awards | (920) | (1,332)
Stock option exercises, related tax benefits and other | 6,598 | 2,245
Cash dividend | (2,358) | (2,376)
Cash used in financing activities | (4,180) | (11,025)
Effect of exchange rate changes on cash | (3,116) | (10,619)
Net decrease in cash and cash equivalents | (7,714) | (14,175)
Cash and cash equivalents – beginning of period | 179,604 | 168,846
Cash and cash equivalents – end of period | 171,890 | 154,671
Line of Credit | Senior Credit Facility - Revolver |  |
Financing Activities |  |
Net borrowings (repayment) on debt | 0 | (210)
Line of Credit | Senior Credit Facility - Term Loan |  |
Financing Activities |  |
Net borrowings (repayment) on debt | $ (7,500) | $ 0

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