XML 19 R6.htm IDEA: XBRL DOCUMENT v3.25.3
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 3,068 $ 23,402 $ 17,781
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 8,458 8,153 8,613
Amortization of capitalized curriculum development costs 4,440 3,172 3,084
Deferred income taxes 1,468 1,885 4,748
Stock-based compensation expense 5,805 10,142 12,520
Impaired asset   928  
Change in the fair value of contingent consideration liabilities     7
Amortization of right-of-use operating lease assets 610 760 834
Changes in assets and liabilities:      
Decrease (increase) in accounts receivable, net 17,464 (3,759) (9,452)
Decrease (increase) in inventories (1,161) 228 (692)
Increase in prepaid expenses and other assets (1,447) (1,414) (88)
Increase (decrease) in accounts payable and accrued liabilities (5,770) 403 (9,541)
Increase in deferred revenue and customer deposits 3,151 13,458 8,806
Increase (decrease) in income taxes payable/receivable (5,942) 3,453 (195)
Decrease in other liabilities (1,167) (554) (687)
Net cash provided by operating activities 28,977 60,257 35,738
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchases of property and equipment (8,253) (3,694) (4,515)
Capitalized curriculum development costs (7,561) (6,866) (9,035)
Acquisition of license/content rights (1,074) (750)  
Net cash used for investing activities (16,888) (11,310) (13,550)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from term notes payable financing     7,500
Principal payments on notes payable (835) (5,835) (13,335)
Principal payments on financing obligation (3,112) (3,538) (3,199)
Purchases of common stock for treasury (26,374) (30,749) (35,555)
Payment of contingent consideration liabilities     (736)
Cash paid for new secured credit agreement     (393)
Proceeds from sales of common stock held in treasury 1,540 1,467 1,539
Net cash used for financing activities (28,781) (38,655) (44,179)
Effect of foreign currency exchange rates on cash and cash equivalents (273) 141 (296)
Net increase (decrease) in cash and cash equivalents (16,965) 10,433 (22,287)
Cash and cash equivalents at beginning of the year 48,663 38,230 60,517
Cash and cash equivalents at end of the year 31,698 48,663 38,230
Supplemental disclosure of cash flow information:      
Cash paid for income taxes 7,693 4,205 3,308
Cash paid for interest 496 1,107 1,501
Non-cash investing and financing activities:      
Acquisition of property and equipment and capitalized curriculum financed by accounts payable and accrued liabilities 3,255 1,036 $ 548
Consideration for reacquired license rights from liabilities of seller 168    
Acquisition of content rights financed by accounts payable and other liabilities $ 678 $ 750