XML 19 R9.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Feb. 28, 2021
Feb. 29, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 18,971 $ 13,861
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:    
Depreciation and amortization 9,878 9,418
Gain on sale of assets held-for-sale 0 (1,191)
Provision for uncollectible accounts receivable 246 213
Deferred income taxes 206 1,806
Share-based compensation expense 4,047 2,575
Unrealized foreign currency transaction (gain) loss (754) 1,515
Other, net 1,804 (2,153)
Changes in assets and liabilities:    
Receivables (10,769) (5,716)
Inventories (16,245) (14,153)
Other current assets (9,492) (4,539)
Accounts payable 10,962 3,540
Other current liabilities 334 (2,183)
Other noncurrent assets and liabilities 1,940 (5,178)
Net cash provided by (used in) operating activities 11,128 (2,185)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant, and equipment (16,556) (5,335)
Proceeds from sale of property and equipment held-for-sale 0 3,955
Purchases of marketable securities available-for-sale (8,313) (19,978)
Proceeds from maturities of marketable securities available-for-sale 8,043 1,250
Other investing activities, net (860) 1,092
Net cash used in investing activities (17,686) (19,016)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercise of stock options 3,814 1,545
Common stock withheld for payroll tax obligations (1,269) (1,111)
Principal payments on long-term debt (88) (104)
Dividends paid (6,967) (6,711)
Net cash used in financing activities (4,510) (6,381)
Effect of exchange rate changes on cash and cash equivalents 440 1,650
Net change in cash and cash equivalents (10,628) (25,932)
Cash and cash equivalents, beginning of period 121,403 127,204
Cash and cash equivalents, end of period 110,775 101,272
SUPPLEMENTAL CASH FLOW INFORMATION    
Income taxes paid, net of refunds 2,397 2,294
Interest paid $ 2,347 $ 2,334