v3.21.4
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Nov. 30, 2021
Nov. 30, 2020
Operating Activities    
Net (loss) earnings $ 2,788 $ 4,598
Net (Loss) Earnings from Discontinued Operations (397) (224)
Net Earnings from Continuing Operations 3,185 4,822
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Impairment & divestiture (benefits) charges, net of tax 0 139
Depreciation and amortization 5,175 5,458
Stock-based compensation expense 6,147 2,581
Provision for (benefit from) deferred income taxes 423 (264)
Amortization of debt issuance costs 120 120
Other non-cash (benefits) charges (13) 226
Changes in components of working capital and other:    
Accounts receivable (10,801) (6,268)
Inventories (9,823) (1,387)
Trade accounts payable 2,358 1,847
Prepaid expenses and other assets 140 (6,297)
Income tax accounts 682 2,466
Accrued compensation and benefits (3,509) 379
Other accrued liabilities 1,975 5,070
Cash provided by (used in) operating activities, Continuing Operations (3,941) 8,892
Cash (used in) provided by operating activities, Discontinued Operations (785) (225)
Cash (Used in) Provided By Operating Activities (4,726) 8,667
Investing Activities    
Capital expenditures (3,293) (1,905)
Proceeds from sale of property, plant and equipment 133 47
Cash used in investing activities, Continuing Operations (3,160) (1,858)
Cash Provided by Investing Activities, Discontinued Operations 0 0
Cash Provided by Investing Activities (3,160) (1,858)
Financing Activities    
Borrowings on Revolving Credit 5,000 10,000
Principal Repayment on Revolving Credit Facility (5,000) (10,000)
Taxes paid related to the net share settlement of equity awards (1,393) (275)
Stock option exercises and other 85 101
Cash dividend (2,409) (2,394)
Net Cash Used in Financing Activities, Continuing Operations (3,717) (2,568)
Cash Used in Financing Activities, Discontinued Operations 0 750
Cash used in financing activities (3,717) (1,818)
Effect of exchange rate changes on cash (2,216) 1,407
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total (13,819) 6,398
Cash and cash equivalents - beginning of period 140,352 152,170
Cash and cash equivalents - end of period $ 126,533 $ 158,568

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