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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Feb. 29, 2020
Aug. 31, 2019
Current assets:    
Cash and cash equivalents $ 122,939 $ 37,431
Receivables, less allowance for doubtful accounts ($381 and $160, respectively) 182,475 158,049
Inventories, net 237,808 201,126
Prepaid expenses and other assets 20,883 14,051
Total current assets 564,105 410,657
Property, plant, and equipment, net 169,840 127,572
Other assets:    
Goodwill 348,860 274,931
Other intangible assets, net 415,285 256,082
Investment in life insurance 27,231 26,846
Operating lease assets 30,460 0
Other assets 16,146 8,143
Total assets 1,571,927 1,104,231
Current liabilities:    
Accounts payable 99,211 81,635
Accrued expenses:    
Accrued compensation 28,639 20,328
Product warranties 60,211 44,436
Self-insurance 15,639 13,820
Promotional 13,761 10,896
Accrued interest 747 4,059
Other 18,773 13,678
Current maturities of long-term debt 13,668 8,892
Total current liabilities 250,649 197,744
Non-current liabilities:    
Long-term debt, less current maturities 451,134 245,402
Deferred income taxes 17,057 12,032
Unrecognized tax benefits 6,253 3,591
Operating lease liabilities 27,882 0
Deferred compensation benefits, net of current portion 12,166 12,878
Other 5,262 372
Total non-current liabilities 519,754 274,275
Contingent liabilities and commitments (Note 12)
Stockholders' equity:    
Preferred stock, par value $0.01: Authorized-10,000 shares; Issued-zero 0 0
Common stock, par value $0.50: Authorized-60,000 shares; Issued-51,776 shares 25,888 25,888
Additional paid-in capital 200,751 91,185
Retained earnings 890,994 866,886
Accumulated other comprehensive loss (543) (491)
Treasury stock, at cost: 18,153 and 20,262 shares, respectively (315,566) (351,256)
Total stockholders' equity 801,524 632,212
Total liabilities and stockholders' equity $ 1,571,927 $ 1,104,231