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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Feb. 28, 2023
Feb. 28, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 6,406 $ 5,690
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 4,381 5,246
Amortization of capitalized curriculum costs 1,648 1,620
Stock-based compensation 6,050 3,618
Deferred income taxes 1,130 1,277
Change in fair value of contingent consideration liabilities 7 48
Amortization of right-of-use operating lease assets 411 475
Changes in assets and liabilities:    
Decrease in accounts receivable, net 19,050 22,925
Decrease in inventories 71 25
Decrease in prepaid expenses and other assets 1,333 353
Decrease in accounts payable and accrued liabilities (16,823) (11,165)
Decrease in deferred revenue (11,674) (5,518)
Increase in income taxes payable (455) (238)
Decrease in other long-term liabilities (327) (1,118)
Net cash provided by operating activities 11,208 23,238
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (2,644) (1,264)
Curriculum development costs (5,277) (774)
Net cash used for investing activities (7,921) (2,038)
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal payments on notes payable (2,500) (2,500)
Principal payments on financing obligation (1,562) (1,409)
Purchases of common stock for treasury (4,665) (3,535)
Payment of contingent consideration liabilities (736) (671)
Proceeds from sales of common stock held in treasury 739 668
Net cash used for financing activities (8,724) (7,447)
Effect of foreign currency exchange rates on cash and cash equivalents 41 (108)
Net increase (decrease) in cash and cash equivalents (5,396) 13,645
Cash and cash equivalents at the beginning of the period 60,517 47,417
Cash and cash equivalents at the end of the period 55,121 61,062
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 1,604 1,302
Cash paid for interest 738 782
Non-cash investing and financing activities:    
Purchases of property and equipment financed by accounts payable 141 160
Acquisition of right-of-use operating lease assets for operating lease liabilities $ 448 $ 338