Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Feb. 28, 2017
Feb. 29, 2016
Document Period End Date Feb. 28, 2017  
Operating Activities    
Net earnings (loss) $ 10,039 $ (143,742)
Adjustments to reconcile net earnings (loss) to cash provided by operating activities:    
Depreciation and amortization 21,625 24,858
Stock-based compensation expense 12,177 5,778
Benefit for deferred income taxes 551 420
Asset Impairment Charges, Net of Tax 0 169,056
Amortization of debt issuance costs 826 826
Other non-cash adjustments 715 (619)
Changes in components of working capital and other:    
Accounts receivable (20,897) 8,437
Inventories (394) (5,399)
Trade accounts payable 12,276 (4,926)
Prepaid expenses and other assets (10,819) (8,404)
Income taxes payable/receivable (7,567) (17,437)
Accrued compensation and benefits (3,704) (2,281)
Other accrued liabilities (795) 2,296
Cash provided by operating activities 14,033 28,863
Investing Activities    
Capital expenditures (14,695) (11,004)
Proceeds from sale of property, plant and equipment 244 4,636
Business acquisitions, net of cash acquired 0 (15,026)
Cash used in investing activities (14,451) (21,394)
Financing Activities    
Net borrowings (repayment) on debt (7,500)  
Purchase of treasury shares 0 (9,352)
Taxes paid related to the net share settlement of equity awards (920) (1,332)
Stock option exercises, related tax benefits and other 6,598 2,245
Cash dividend (2,358) (2,376)
Cash used in financing activities (4,180) (11,025)
Effect of exchange rate changes on cash (3,116) (10,619)
Net decrease in cash and cash equivalents (7,714) (14,175)
Cash and cash equivalents – beginning of period 179,604 168,846
Cash and cash equivalents – end of period 171,890 154,671
Line of Credit | Senior Credit Facility - Revolver    
Financing Activities    
Net borrowings (repayment) on debt 0 (210)
Line of Credit | Senior Credit Facility - Term Loan    
Financing Activities    
Net borrowings (repayment) on debt $ (7,500) $ 0