CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands |
May 31, 2020 |
Aug. 31, 2019 |
| Current Assets |
|
|
| Cash and cash equivalents |
$ 83,259
|
$ 47,771
|
| Accounts receivable, less allowance for doubtful accounts of $433 and $739 |
35,999
|
39,324
|
| Inventory |
40,551
|
42,354
|
| Prepaid expenses and other current assets |
2,604
|
2,418
|
| Assets held for sale |
14
|
1,064
|
| Prepaid income taxes |
427
|
1,451
|
| Total current assets |
162,854
|
134,382
|
| Property, plant and equipment, less accumulated depreciation of $52,035 and $49,730 |
26,656
|
29,326
|
| Other Assets |
|
|
| Goodwill |
82,044
|
81,986
|
| Intangible assets, less accumulated amortization of $74,715 and $65,862 |
44,003
|
52,704
|
| Cash surrender value of life insurance |
4,450
|
4,450
|
| Restricted investments |
1,413
|
1,260
|
| Deferred income taxes |
3,767
|
3,804
|
| Operating lease right-of-use asset (Note 8) |
8,658
|
|
| Other assets |
25
|
56
|
| Total assets |
333,870
|
307,968
|
| Current Liabilities |
|
|
| Accounts payable |
12,087
|
12,105
|
| Accrued payroll and other compensation |
5,447
|
6,300
|
| Accrued expenses |
5,570
|
4,035
|
| Total current liabilities |
23,104
|
22,440
|
| Operating lease long-term liabilities (Note 8) |
6,157
|
|
| Deferred compensation |
1,424
|
1,275
|
| Accumulated pension obligation |
9,575
|
10,485
|
| Other liabilities |
100
|
217
|
| Accrued income taxes |
2,017
|
2,324
|
| Commitments and contingencies (Note 10) |
|
|
| Equity |
|
|
| First Serial Preferred Stock, $1.00 par value: Authorized 100,000 shares; none issued |
|
|
| Common stock, $.10 par value: Authorized 20,000,000 shares; 9,442,398 shares at May 31, 2020 and 9,400,748 shares at August 31, 2019 issued and outstanding |
945
|
940
|
| Additional paid-in capital |
16,235
|
14,351
|
| Accumulated other comprehensive loss |
(14,945)
|
(14,324)
|
| Retained earnings |
289,258
|
270,260
|
| Total equity |
291,493
|
271,227
|
| Total liabilities and equity |
$ 333,870
|
$ 307,968
|