XML 17 R6.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Feb. 28, 2025
Feb. 29, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 105 $ 5,725
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 4,163 4,146
Amortization of capitalized curriculum costs 2,171 1,501
Stock-based compensation 3,513 4,265
Impaired asset   928
Deferred income taxes (145) (978)
Amortization of right-of-use operating lease assets 287 403
Changes in assets and liabilities:    
Decrease in accounts receivable, net 32,451 24,694
Decrease (increase) in inventories (97) 11
Decrease in prepaid expenses and other assets 1,192 27
Decrease in accounts payable and accrued liabilities (14,307) (7,497)
Decrease in deferred revenue and customer deposits (10,359) (3,014)
Increase (decrease) in income taxes payable/receivable (5,791) 191
Decrease in other long-term liabilities (407) (190)
Net cash provided by operating activities 12,776 30,212
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (2,271) (1,716)
Curriculum development costs (2,380) (3,770)
Reacquisition of license rights (324)  
Net cash used for investing activities (4,975) (5,486)
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal payments on notes payable   (2,500)
Principal payments on financing obligation (1,908) (1,728)
Purchases of common stock for treasury (14,658) (18,413)
Proceeds from sales of common stock held in treasury 675 684
Net cash used for financing activities (15,891) (21,957)
Effect of foreign currency exchange rates on cash and cash equivalents (180) (95)
Net increase (decrease) in cash and cash equivalents (8,270) 2,674
Cash and cash equivalents at the beginning of the period 48,663 38,230
Cash and cash equivalents at the end of the period 40,393 40,904
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 6,029 1,644
Cash paid for interest 266 615
Non-cash investing and financing activities:    
Acquisition of property and equipment and capitalized curriculum financed by accounts payable 913 109
Consideration for reacquired license rights from liabilities of seller $ 168  
Acquisition of right-of-use operating lease assets for operating lease liabilities   $ 128