v3.20.4
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Nov. 30, 2020
Nov. 30, 2019
Operating Activities    
Net (loss) earnings $ 4,598 $ 2,121
Net (Loss) Earnings from Discontinued Operations (224) (4,251)
Net Earnings from Continuing Operations 4,822 6,372
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Impairment & divestiture (benefits) charges, net of tax 139 (1,095)
Depreciation and amortization 5,458 4,779
Stock-based compensation expense 2,581 2,820
Benefit for deferred income taxes (264) (522)
Amortization of debt issuance costs 120 896
Other non-cash charges 226 83
Changes in components of working capital and other, excluding acquisitions and divestitures:    
Accounts receivable (6,268) 3,151
Inventories (1,387) (5,767)
Trade accounts payable 1,847 (6,086)
Prepaid expenses and other assets (6,297) (6,167)
Income tax accounts 2,466 (5,260)
Accrued compensation and benefits 379 (1,617)
Other accrued liabilities 5,070 4,318
Cash provided by (used in) operating activities, Continuing Operations 8,892 (4,095)
Cash (used in) provided by operating activities, Discontinued Operations (225) (18,832)
Cash (Used in) Provided By Operating Activities 8,667 (22,927)
Investing Activities    
Capital expenditures (1,905) (3,187)
Proceeds from sale of property, plant and equipment 47 162
Proceeds from sale of business/product line 0 8,726
Cash used in investing activities, Continuing Operations (1,858) 5,701
Cash Provided by Investing Activities, Discontinued Operations 0 207,641
Cash Provided by Investing Activities (1,858) 213,342
Financing Activities    
Borrowings on Revolving Credit 10,000 100,000
Principal Repayment on Revolving Credit Facility (10,000) (100,000)
Stock Repurchases 0 (17,805)
Taxes paid related to the net share settlement of equity awards (275) (2,638)
Stock option exercises and other 101 2,640
Cash dividend (2,394) (2,419)
Net Cash Used in Financing Activities, Continuing Operations (2,568) (195,222)
Cash Used in Financing Activities, Discontinued Operations 750 0
Cash used in financing activities (1,818) (195,222)
Effect of exchange rate changes on cash 1,407 436
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 6,398 (4,371)
Cash and cash equivalents - beginning of period 152,170 211,151
Cash and cash equivalents - end of period 158,568 206,780
Principal Repayments on Term Loan $ 0 $ (175,000)

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