XML 18 R9.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Feb. 28, 2023
Feb. 28, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 36,269 $ 22,467
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:    
Depreciation and amortization 9,695 9,912
Provision for uncollectible accounts receivable 834 322
Deferred income taxes (185) 3,052
Share-based compensation expense 3,089 2,411
Unrealized foreign currency transaction loss (gain) 878 (111)
Other, net 354 627
Changes in assets and liabilities:    
Receivables (28,707) (41,286)
Inventories 14,014 (42,412)
Other current assets 1,635 (2,541)
Accounts payable (6,178) 28,757
Other current liabilities (25,553) (8,317)
Other noncurrent assets and liabilities 1,742 (8,732)
Net cash provided by (used in) operating activities 7,887 (35,851)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant, and equipment (7,222) (6,926)
Purchases of marketable securities 0 (18,468)
Proceeds from maturities of marketable securities 2,725 12,752
Other investing activities, net (1,214) (2,974)
Net cash used in investing activities (5,711) (15,616)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercise of stock options 0 2,821
Common stock withheld for payroll tax obligations (2,471) (1,181)
Proceeds from employee stock purchase plan 238 235
Principal payments on long-term debt (110) (108)
Dividends paid (7,485) (7,242)
Net cash used in financing activities (9,828) (5,475)
Effect of exchange rate changes on cash and cash equivalents 279 (1,214)
Net change in cash and cash equivalents (7,373) (58,156)
Cash and cash equivalents, beginning of period 105,048 127,107
Cash and cash equivalents, end of period $ 97,675 $ 68,951