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v3.20.1

Segment Information (Tables) | 6 Months Ended
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Feb. 29, 2020
Segment Information [Abstract] |
Schedule Of Segment Operations |
﻿ |  |  |  |  |  |
﻿ |  |  |  |  |  |
﻿ |  | Sales to |  |  |  |
﻿Quarter Ended |  | External |  |  |  | Adjusted
﻿February 29, 2020 |  | Customers |  | Gross Profit |  | EBITDA
﻿ |  |  |  |  |  |
﻿Enterprise Division: |  |  |  |  |  |
﻿Direct offices | $ | 37,973 | $ | 28,702 | $ | 4,734
﻿International licensees |  | 2,691 |  | 2,237 |  | 1,384
﻿ |  | 40,664 |  | 30,939 |  | 6,118
﻿Education practice |  | 10,893 |  | 6,460 |  | (1,068)
﻿Corporate and eliminations |  | 2,188 |  | 1,267 |  | (994)
﻿Consolidated | $ | 53,745 | $ | 38,666 | $ | 4,056
﻿ |  |  |  |  |  |
﻿Quarter Ended |  |  |  |  |  |
﻿February 28, 2019 |  |  |  |  |  |
﻿ |  |  |  |  |  |
﻿Enterprise Division: |  |  |  |  |  |
﻿Direct offices | $ | 36,414 | $ | 27,294 | $ | 2,543
﻿International licensees |  | 2,906 |  | 2,221 |  | 1,218
﻿ |  | 39,320 |  | 29,515 |  | 3,761
﻿Education practice |  | 9,698 |  | 5,429 |  | (909)
﻿Corporate and eliminations |  | 1,338 |  | 422 |  | (1,888)
﻿Consolidated | $ | 50,356 | $ | 35,366 | $ | 964
﻿ |  |  |  |  |  |
﻿Two Quarters Ended |  |  |  |  |  |
﻿February 29, 2020 |  |  |  |  |  |
﻿ |  |  |  |  |  |
﻿Enterprise Division: |  |  |  |  |  |
﻿Direct offices | $ | 80,085 | $ | 60,113 | $ | 10,444
﻿International licensees |  | 6,411 |  | 5,357 |  | 3,419
﻿ |  | 86,496 |  | 65,470 |  | 13,863
﻿Education practice |  | 21,974 |  | 13,117 |  | (2,171)
﻿Corporate and eliminations |  | 3,887 |  | 2,108 |  | (2,675)
﻿Consolidated | $ | 112,357 | $ | 80,695 | $ | 9,017
﻿ |  |  |  |  |  |
﻿Two Quarters Ended |  |  |  |  |  |
﻿February 28, 2019 |  |  |  |  |  |
﻿ |  |  |  |  |  |
﻿Enterprise Division: |  |  |  |  |  |
﻿Direct offices | $ | 74,885 | $ | 54,364 | $ | 6,183
﻿International licensees |  | 6,583 |  | 5,084 |  | 2,846
﻿ |  | 81,468 |  | 59,448 |  | 9,029
﻿Education practice |  | 20,044 |  | 11,822 |  | (1,174)
﻿Corporate and eliminations |  | 2,673 |  | 878 |  | (3,722)
﻿Consolidated | $ | 104,185 | $ | 72,148 | $ | 4,133
﻿
Reconciliation Of Adjusted EBITDA |
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ | Quarter Ended |  | Two Quarters Ended
﻿ |  | February 29, |  |  | February 28, |  |  | February 29, |  |  | February 28,
﻿ |  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019
﻿Segment Adjusted EBITDA | $ | 5,050 |  | $ | 2,852 |  | $ | 11,692 |  | $ | 7,855
﻿Corporate expenses |  | (994) |  |  | (1,888) |  |  | (2,675) |  |  | (3,722)
﻿Consolidated Adjusted EBITDA |  | 4,056 |  |  | 964 |  |  | 9,017 |  |  | 4,133
﻿Stock-based compensation expense |  | (1,793) |  |  | (1,043) |  |  | (3,644) |  |  | (1,989)
﻿Decrease (increase) in the fair value of |  |  |  |  |  |  |  |  |  |  |
﻿ contingent consideration liabilities |  | 182 |  |  | (52) |  |  | 91 |  |  | (76)
﻿Knowledge Capital wind-down costs |  | - |  |  | - |  |  | (389) |  |  | -
﻿Licensee transition costs |  | - |  |  | (428) |  |  | - |  |  | (488)
﻿Depreciation |  | (1,653) |  |  | (1,697) |  |  | (3,273) |  |  | (3,251)
﻿Amortization |  | (1,170) |  |  | (1,300) |  |  | (2,340) |  |  | (2,538)
﻿Loss from operations |  | (378) |  |  | (3,556) |  |  | (538) |  |  | (4,209)
﻿Interest income |  | 13 |  |  | 9 |  |  | 18 |  |  | 22
﻿Interest expense |  | (557) |  |  | (623) |  |  | (1,162) |  |  | (1,255)
﻿Discount accretion on related |  |  |  |  |  |  |  |  |  |  |
﻿ party receivable |  | - |  |  | 243 |  |  | - |  |  | 258
﻿Loss before income taxes |  | (922) |  |  | (3,927) |  |  | (1,682) |  |  | (5,184)
﻿Income tax benefit |  | 2,019 |  |  | 410 |  |  | 2,235 |  |  | 310
﻿Net income (loss) | $ | 1,097 |  | $ | (3,517) |  | $ | 553 |  | $ | (4,874)
﻿
Disaggregation Of Revenue | The following table presents our revenue disaggregated by geographic region (in thousands). ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ | Quarter Ended |  | Two Quarters Ended
﻿ |  | February 29, |  |  | February 28, |  |  | February 29, |  |  | February 28,
﻿ |  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿Americas | $ | 42,721 |  | $ | 39,839 |  | $ | 86,756 |  | $ | 80,757
﻿Asia Pacific |  | 7,089 |  |  | 7,398 |  |  | 17,228 |  |  | 16,678
﻿Europe/Middle East/Africa |  | 3,935 |  |  | 3,119 |  |  | 8,373 |  |  | 6,750
﻿ | $ | 53,745 |  | $ | 50,356 |  | $ | 112,357 |  | $ | 104,185
﻿ The following table presents our revenue disaggregated by type of service (in thousands). ﻿
﻿ |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |
﻿Quarter Ended |  | Services and |  |  |  |  |  | Leases and |  |
﻿February 29, 2020 |  | Products |  | Subscriptions |  | Royalties |  | Other |  | Consolidated
﻿ |  |  |  |  |  |  |  |  |  |
﻿Enterprise Division: |  |  |  |  |  |  |  |  |  |
﻿Direct offices | $ | 21,644 | $ | 15,172 | $ | 1,157 | $ | - | $ | 37,973
﻿International licensees |  | 410 |  | - |  | 2,281 |  | - |  | 2,691
﻿ |  | 22,054 |  | 15,172 |  | 3,438 |  | - |  | 40,664
﻿Education practice |  | 2,950 |  | 6,192 |  | 1,751 |  | - |  | 10,893
﻿Corporate and eliminations |  | - |  | - |  | 935 |  | 1,253 |  | 2,188
﻿Consolidated | $ | 25,004 | $ | 21,364 | $ | 6,124 | $ | 1,253 | $ | 53,745
﻿ |  |  |  |  |  |  |  |  |  |
﻿Quarter Ended |  |  |  |  |  |  |  |  |  |
﻿February 28, 2019 |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |
﻿Enterprise Division: |  |  |  |  |  |  |  |  |  |
﻿Direct offices | $ | 23,102 | $ | 12,416 | $ | 896 | $ | - | $ | 36,414
﻿International licensees |  | 517 |  | - |  | 2,389 |  | - |  | 2,906
﻿ |  | 23,619 |  | 12,416 |  | 3,285 |  | - |  | 39,320
﻿Education practice |  | 2,583 |  | 5,368 |  | 1,747 |  | - |  | 9,698
﻿Corporate and eliminations |  | - |  | - |  | - |  | 1,338 |  | 1,338
﻿Consolidated | $ | 26,202 | $ | 17,784 | $ | 5,032 | $ | 1,338 | $ | 50,356
﻿ |  |  |  |  |  |  |  |  |  |
﻿Two Quarters Ended |  |  |  |  |  |  |  |  |  |
﻿February 29, 2020 |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |
﻿Enterprise Division: |  |  |  |  |  |  |  |  |  |
﻿Direct offices | $ | 48,895 | $ | 29,461 | $ | 1,729 | $ | - | $ | 80,085
﻿International licensees |  | 1,000 |  | - |  | 5,411 |  | - |  | 6,411
﻿ |  | 49,895 |  | 29,461 |  | 7,140 |  | - |  | 86,496
﻿Education practice |  | 6,535 |  | 13,010 |  | 2,429 |  | - |  | 21,974
﻿Corporate and eliminations |  | - |  | - |  | 1,314 |  | 2,573 |  | 3,887
﻿Consolidated | $ | 56,430 | $ | 42,471 | $ | 10,883 | $ | 2,573 | $ | 112,357
﻿ |  |  |  |  |  |  |  |  |  |
﻿Two Quarters Ended |  |  |  |  |  |  |  |  |  |
﻿February 28, 2019 |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |
﻿Enterprise Division: |  |  |  |  |  |  |  |  |  |
﻿Direct offices | $ | 48,111 | $ | 25,091 | $ | 1,683 | $ | - | $ | 74,885
﻿International licensees |  | 1,389 |  | - |  | 5,194 |  | - |  | 6,583
﻿ |  | 49,500 |  | 25,091 |  | 6,877 |  | - |  | 81,468
﻿Education practice |  | 6,501 |  | 11,080 |  | 2,463 |  | - |  | 20,044
﻿Corporate and eliminations |  | - |  | - |  | - |  | 2,673 |  | 2,673
﻿Consolidated | $ | 56,001 | $ | 36,171 | $ | 9,340 | $ | 2,673 | $ | 104,185
﻿

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