Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.23.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
May 31, 2023
Aug. 31, 2022
Current assets    
Cash and cash equivalents $ 142,001 $ 120,699
Accounts receivable, net 103,565 106,747
Inventories, net 93,037 83,672
Other current assets 34,838 31,262
Total current assets 373,441 342,380
Property, plant and equipment, net 41,783 41,372
Goodwill 264,686 257,949
Other intangible assets, net 39,084 41,507
Other long-term assets 74,080 74,104
Total assets 793,074 757,312
Current liabilities    
Trade accounts payable 47,151 72,524
Accrued compensation and benefits 28,567 21,390
Long-term Debt, Current Maturities 3,125 0
Short-Term Debt 0 4,000
Income taxes payable 5,982 4,594
Other current liabilities 55,398 50,680
Total current liabilities 140,223 153,188
Long-term debt, net 231,545 200,000
Deferred Income Taxes 8,226 7,355
Pension and postretirement benefit liabilities 11,492 11,941
Other long-term liabilities 64,969 66,217
Total liabilities 456,455 438,701
Shareholders’ equity    
Class A common stock, $0.20 par value per share, authorized 168,000,000 shares, issued 83,752,329 and 83,397,458 shares, respectively 16,750 16,679
Additional paid-in capital 218,164 212,986
Treasury stock, at cost, 27,402,654 and 26,558,965 shares, respectively (763,675) (742,844)
Retained earnings 991,081 966,751
Accumulated other comprehensive loss (125,701) (134,961)
Stock held in trust (3,405) (3,209)
Deferred compensation liability 3,405 3,209
Total shareholders' equity 336,619 318,611
Total liabilities and shareholders’ equity $ 793,074 $ 757,312