Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v3.23.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Aug. 31, 2023
Aug. 31, 2022
Aug. 31, 2021
Aug. 31, 2020
Current assets        
Cash and cash equivalents $ 154,415 $ 120,699    
Accounts receivable, net 97,649 106,747    
Inventories, net 74,765 83,672    
Other current assets 28,811 31,262    
Total current assets 355,640 342,380    
Property, plant & equipment, net 38,968 41,372    
Goodwill 266,494 257,949 $ 277,593  
Other intangible assets, net 37,338 41,507    
Other long-term assets 64,157 74,104    
Total assets 762,597 757,312    
Current liabilities        
Trade accounts payable 50,483 72,524    
Accrued compensation and benefits 33,194 21,390    
Long-term Debt, Current Maturities 3,750 0    
Short-Term Debt 0 4,000    
Income taxes payable 3,771 4,594    
Other current liabilities 56,922 50,680    
Total current liabilities 148,120 153,188    
Long-term Debt, net 210,337 200,000    
Deferred Tax Liabilities, Tax Deferred Income 5,667 7,355    
Pension and postretirement benefit liabilities 10,247 11,941    
Other long-term liabilities 61,606 66,217    
Total liabilities 435,977 438,701    
Shareholders’ equity        
Class A common stock, $0.20 par value per share, authorized 168,000,000 shares, issued 82,593,945 and 81,920,679 shares, respectively 16,752 16,679    
Additional paid-in capital 220,472 212,986    
Treasury stock, at cost, 22,799,230 and 21,455,568 shares, respectively (800,506) (742,844)    
Retained earnings 1,011,112 966,751    
Accumulated other comprehensive loss (121,210) (134,961)    
Stock held in trust (3,484) (3,209)    
Deferred compensation liability 3,484 3,209    
Total shareholders’ equity 326,620 318,611 $ 412,198 $ 359,226
Total liabilities and shareholders’ equity $ 762,597 $ 757,312