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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
May 31, 2019
May 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 669 $ 15,299
Adjustments to reconcile net earnings to net cash (used in) provided by operating activities:    
Depreciation and amortization 10,452 12,851
Loss on sale of business 301 6,023
Provision for uncollectible accounts receivable (726) (2,407)
Deferred income taxes (2,556) (687)
Share-based compensation expense 3,226 2,942
Other, net (14) 473
Changes in assets and liabilities:    
Receivables (26,371) (29,826)
Inventories (14,467) (8,247)
Other current assets 546 (971)
Accounts payable 9,072 1,901
Other current liabilities (4,078) 10,058
Other noncurrent assets and liabilities 4,318 766
Net cash (used in) provided by operating activities (19,628) 8,175
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant, and equipment (20,210) (6,920)
Proceeds from settlement of net investment hedges 2,262 101
Payments for settlement of net investment hedges (327) (3,089)
Other investing activities, net 60 241
Net cash used in investing activities (18,215) (9,667)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercise of stock options 177 2,788
Common stock withheld for payroll tax obligations (1,124) (833)
Principal payments on long-term debt (153) (150)
Payment of debt issuance costs (115) 0
Dividends paid (10,032) (9,671)
Net cash used in financing activities (11,247) (7,866)
Effect of exchange rate changes on cash and cash equivalents (858) (483)
Net change in cash and cash equivalents (49,948) (9,841)
Cash and cash equivalents, beginning of period 160,787 121,620
Cash and cash equivalents, end of period 110,839 111,779
SUPPLEMENTAL CASH FLOW INFORMATION    
Income taxes paid 6,278 6,087
Interest paid 2,379 2,358
NONCASH INVESTING ACTIVITIES:    
Note receivable from sale of business $ 5,589 $ 0