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Income Taxes (Tables) | 12 Months Ended
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Aug. 31, 2023
Income Taxes [Abstract] |
Benefit (Provision) For Income Taxes From Continuing Operations |
YEAR ENDED |  |  |  |  |  |  |  |
AUGUST 31, |  | 2023 |  |  | 2022 |  |  | 2021
Current: |  |  |  |  |  |  |  |
Federal | $ | - |  | $ | - |  | $ | -
State |  | (791) |  |  | (1,221) |  |  | (286)
Foreign |  | (2,389) |  |  | (2,202) |  |  | (1,773)
|  | (3,180) |  |  | (3,423) |  |  | (2,059)
Deferred: |  |  |  |  |  |  |  |
Federal |  | 1,545 |  |  | (9,339) |  |  | 2,869
State |  | 225 |  |  | (889) |  |  | 13
Foreign |  | 216 |  |  | 24 |  |  | 24
Operating loss carryforward |  | (7,201) |  |  | 7,150 |  |  | (3,058)
Valuation allowance |  | 372 |  |  | 2,845 |  |  | 10,546
Foreign tax credit carryforward |  |  |  |  |  |  |  |
reduction |  | (65) |  |  | (2) |  |  | (787)
|  | (4,908) |  |  | (211) |  |  | 9,607
| $ | (8,088) |  | $ | (3,634) |  | $ | 7,548
Allocation Of Total Income Tax Provision (Benefit) |
YEAR ENDED |  |  |  |  |  |  |  |
AUGUST 31, |  | 2023 |  |  | 2022 |  |  | 2021
Net income | $ | (8,088) |  | $ | (3,634) |  | $ | 7,548
Other comprehensive income |  | (80) |  |  | 176 |  |  | 11
| $ | (8,168) |  | $ | (3,458) |  | $ | 7,559
Income From Continuing Operations Before Income Taxes |
YEAR ENDED |  |  |  |  |  |  |  |
AUGUST 31, |  | 2023 |  |  | 2022 |  |  | 2021
United States | $ | 23,574 |  | $ | 21,152 |  | $ | 6,834
Foreign |  | 2,295 |  |  | 912 |  |  | (759)
| $ | 25,869 |  | $ | 22,064 |  | $ | 6,075
Differences Between Income Taxes At The Statutory Federal Income Tax Rate And Income Taxes From Continuing Operations |
YEAR ENDED |  |  |  |  |  |  |  |  |
AUGUST 31, |  | 2023 |  |  | 2022 |  |  | 2021 |
Federal statutory income tax rate |  | (21.0) | % |  | (21.0) | % |  | (21.0) | %
State income taxes, net of federal effect |  | (4.7) |  |  | (3.9) |  |  | (1.6) |
Valuation allowance |  | 1.4 |  |  | 12.9 |  |  | 173.6 |
Foreign tax credit carryforward |  |  |  |  |  |  |  |  |
reduction |  | (0.3) |  |  | - |  |  | (13.0) |
Executive stock options |  | - |  |  | - |  |  | 7.7 |
Foreign jurisdictions tax differential |  | (0.2) |  |  | (1.1) |  |  | (4.0) |
Tax differential on income subject |  |  |  |  |  |  |  |  |
to both U.S. and foreign taxes |  | (1.4) |  |  | (0.2) |  |  | (0.7) |
Uncertain tax positions |  | (0.9) |  |  | (0.8) |  |  | (3.0) |
Non-deductible executive compensation |  | (3.6) |  |  | (5.5) |  |  | (5.8) |
Non-deductible meals and entertainment |  | (0.7) |  |  | (0.1) |  |  | (0.2) |
Other stock-based compensation |  | (0.4) |  |  | 2.5 |  |  | - |
Other |  | 0.5 |  |  | 0.7 |  |  | (7.8) |
|  | (31.3) | % |  | (16.5) | % |  | 124.2 | %
Significant Components Of Deferred Tax Assets And Liabilities |
AUGUST 31, |  | 2023 |  |  | 2022
Deferred income tax assets: |  |  |  |  |
Net operating loss carryforward | $ | 6,505 |  | $ | 11,334
Foreign income tax credit |  |  |  |  |
carryforward |  | 4,253 |  |  | 4,096
Stock-based compensation |  | 4,222 |  |  | 2,503
Sale and financing of corporate |  |  |  |  |
headquarters |  | 1,899 |  |  | 2,638
Deferred revenue |  | 1,677 |  |  | 1,596
Bonus and other accruals |  | 1,517 |  |  | 2,094
Capitalized development costs |  | 1,236 |  |  | -
Inventory and bad debt reserves |  | 1,094 |  |  | 1,533
Other |  | 458 |  |  | 605
Total deferred income tax assets |  | 22,861 |  |  | 26,399
Less: valuation allowance |  | (1,313) |  |  | (1,685)
Net deferred income tax assets |  | 21,548 |  |  | 24,714
Deferred income tax liabilities: |  |  |  |  |
Intangibles step-ups – indefinite lived |  | (5,522) |  |  | (5,478)
Intangibles step-ups – finite lived |  | (2,541) |  |  | (3,186)
Self-constructed tangible assets |  | (5,476) |  |  | (3,811)
Intangible asset amortization |  | (4,189) |  |  | (3,851)
Deferred commissions |  | (3,598) |  |  | (3,187)
Unremitted earnings of foreign |  |  |  |  |
subsidiaries |  | (521) |  |  | (388)
Property and equipment depreciation |  | (80) |  |  | (326)
Total deferred income tax liabilities |  | (21,927) |  |  | (20,227)
Net deferred income taxes | $ | (379) |  | $ | 4,487
Deferred Income Tax Amounts Recorded On The Consolidated Balance Sheets |
AUGUST 31, |  | 2023 |  |  | 2022
Long-term assets | $ | 1,661 |  | $ | 4,686
Long-term liabilities |  | (2,040) |  |  | (199)
Net deferred income tax asset | $ | (379) |  | $ | 4,487
Summary of Operating Loss Carryforwards |
|  | Loss Carryforward |  |  |  | Loss |  | Loss |  | Operating
Loss Carryforward |  | Expires |  |  |  | Deductions |  | Deductions |  | Loss Carried
for Year Ended |  | August 31, |  | Amount |  | in Prior Years |  | in Current Year |  | Forward
Acquired NOL - Jhana |  |  |  |  |  |  |  |  |  |
December 31, 2015 |  | 2034 | $ | 1,491 | $ | (1,428) | $ | (63) | $ | -
December 31, 2016 |  | 2035 |  | 3,052 |  | - |  | (908) |  | 2,144
July 15, 2017 |  | 2036 |  | 1,117 |  | - |  | - |  | 1,117
|  |  |  | 5,660 |  | (1,428) |  | (971) |  | 3,261
Acquired NOL - Strive |  |  |  |  |  |  |  |  |  |
December 31, 2018 |  | No Expiration |  | 947 |  | (295) |  | (652) |  | -
December 31, 2019 |  | No Expiration |  | 869 |  | - |  | (869) |  | -
December 31, 2020 |  | No Expiration |  | 1,133 |  | - |  | (160) |  | 973
April 25, 2021 |  | No Expiration |  | 553 |  | - |  | - |  | 553
|  |  |  | 3,502 |  | (295) |  | (1,681) |  | 1,526
August 31, 2022 |  | No Expiration |  | 40,996 |  | - |  | (27,790) |  | 13,206
|  |  | $ | 50,158 | $ | (1,723) | $ | (30,442) | $ | 17,993
Summary Of Tax Credit Carryforwards |
Credit Generated in |  |  |  |  |  | Credits Used |  | Credits |  | Credits Used |  | Credits
Fiscal Year Ended |  | Credit Expires |  | Credits |  | in Prior |  | Reduced in |  | in Current |  | Carried
August 31, |  | August 31, |  | Generated |  | Years |  | Current Year |  | Year |  | Forward
2018 |  | 2028 | $ | 1,727 | $ | (965) | $ | (21) | $ | - | $ | 741
2019 |  | 2029 |  | 1,578 |  | (234) |  | - |  | - |  | 1,344
2020 |  | 2030 |  | 1,010 |  | (147) |  | (18) |  | - |  | 845
2022 |  | 2032 |  | 1,216 |  | - |  | (25) |  | - |  | 1,191
2023 |  | 2033 |  | 1,061 |  | - |  | - |  | (929) |  | 132
|  |  | $ | 6,592 | $ | (1,346) | $ | (64) | $ | (929) | $ | 4,253
Activity In Deferred Income Tax Asset Valuation Allowance |
YEAR ENDED |  |  |  |  |  |  |  |
AUGUST 31, |  | 2023 |  |  | 2022 |  |  | 2021
Beginning balance | $ | 1,685 |  | $ | 4,530 |  | $ | 15,076
Charged to costs and expenses |  | 212 |  |  | 683 |  |  | 394
Deductions |  | (584) |  |  | (3,528) |  |  | (10,940)
Ending balance | $ | 1,313 |  | $ | 1,685 |  | $ | 4,530
Reconciliation Of The Beginning And Ending Amount Of Gross Unrecognized Tax Benefits |
YEAR ENDED |  |  |  |  |  |  |  |
AUGUST 31, |  | 2023 |  |  | 2022 |  |  | 2021
Beginning balance | $ | 1,597 |  | $ | 1,594 |  | $ | 1,640
Additions based on tax positions |  |  |  |  |  |  |  |
related to the current year |  | 188 |  |  | 77 |  |  | 349
Additions for tax positions in |  |  |  |  |  |  |  |
prior years |  | 290 |  |  | 207 |  |  | 79
Reductions for tax positions of prior |  |  |  |  |  |  |  |
years resulting from the lapse of |  |  |  |  |  |  |  |
applicable statute of limitations |  | (186) |  |  | - |  |  | (188)
Other reductions for tax positions of |  |  |  |  |  |  |  |
prior years |  | (271) |  |  | (281) |  |  | (286)
Ending balance | $ | 1,618 |  | $ | 1,597 |  | $ | 1,594
Tax Years That Remain Subject To Examinations For Major Tax Jurisdictions |
2016-2023 | Australia, Canada, and Japan
2016-2023 | China
2018-2023 | Germany, Switzerland, and Austria
2019-2023 | United Kingdom, Singapore
2019-2023 | United States – state and local income tax
2020-2023 | United States – federal income tax

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