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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Aug. 31, 2023
Aug. 31, 2022
Aug. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 17,781 $ 18,430 $ 13,623
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 8,613 10,169 11,196
Amortization of capitalized curriculum development costs 3,084 3,354 3,445
Deferred income taxes 4,748 121 (9,790)
Stock-based compensation expense 12,520 8,286 8,617
Change in the fair value of contingent consideration liabilities 7 68 193
Amortization of right-of-use operating lease assets 834 913 1,003
Changes in assets and liabilities, net of effect of acquired businesses:      
Increase in accounts receivable, net (9,452) (2,406) (14,266)
Decrease (increase) in inventories (692) (1,048) 463
Increase in prepaid expenses and other assets (88) (2,692) (880)
Increase (decrease) in accounts payable and accrued liabilities (9,541) 4,358 14,372
Increase in deferred revenue 8,806 14,245 19,788
Increase (decrease) in income taxes payable/receivable (195) 138 273
Decrease in other liabilities (687) (1,682) (1,860)
Net cash provided by operating activities 35,738 52,254 46,177
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchases of property and equipment (4,515) (3,177) (1,602)
Capitalized curriculum development costs (9,035) (2,154) (2,504)
Acquisition of businesses, net of cash acquired     (10,209)
Net cash used for investing activities (13,550) (5,331) (14,315)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from term notes payable financing 7,500    
Principal payments on notes payable (13,335) (5,835) (5,000)
Principal payments on financing obligation (3,199) (2,887) (2,600)
Purchases of common stock for treasury (35,555) (23,850) (2,971)
Payment of contingent consideration liabilities (736) (1,434) (1,981)
Cash paid to obtain new credit agreement (393)    
Proceeds from sales of common stock held in treasury 1,539 1,336 1,073
Net cash used for financing activities (44,179) (32,670) (11,479)
Effect of foreign currency exchange rates on cash and cash equivalents (296) (1,153) (103)
Net increase (decrease) in cash and cash equivalents (22,287) 13,100 20,280
Cash and cash equivalents at beginning of the year 60,517 47,417 27,137
Cash and cash equivalents at end of the year 38,230 60,517 47,417
Supplemental disclosure of cash flow information:      
Cash paid for income taxes 3,308 3,210 1,766
Cash paid for interest 1,501 1,655 2,069
Non-cash investing and financing activities:      
Purchases of property and equipment financed by accounts payable $ 548 $ 529 $ 399