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
 3 Months Ended
Nov. 30, 2018
Nov. 30, 2017
Operating Activities    
Net (loss) earnings $ (17,452) $ 5,226
Adjustments to reconcile net (loss) earnings to net cash used in operating activities    
Impairment and other divestiture charges, net of tax 33,836 0
Depreciation and amortization 8,890 10,090
Stock based compensation expense 3,594 5,420
Benefit for deferred income taxes (1,143) (307)
Amortization of debt issuance costs 301 413
Other non-cash adjustments 130 113
Changes in components of working capital and other, excluding acquisitions and divestitures    
Accounts receivable (17,676) (11,478)
Inventories (17,824) (11,628)
Trade accounts payable 1,051 6,204
Prepaid expenses and other assets (4,998) (12,043)
Income tax accounts 1,064 (1,714)
Accrued compensation and benefits (16,544) (12,588)
Other accrued liabilities (2,339) 1,834
Cash used in operating activities (29,110) (20,458)
Investing Activities    
Capital expenditures (7,666) (7,904)
Proceeds from sale of property, plant and equipment 11 32
Rental asset lease buyout for Viking divestiture 0 (27,718)
Cash used in investing activities (7,655) (35,590)
Financing Activities    
Principal repayments on term loan (7,500) (7,500)
Stock option exercises and other 552 2,231
Taxes paid related to the net share settlement of equity awards (201) (282)
Payments of Dividends (2,439) (2,390)
Cash used in financing activities (9,588) (7,941)
Effect of exchange rate changes on cash (694) (532)
Net decrease in cash and cash equivalents (47,047) (64,521)
Cash and cash equivalents - beginning of period 250,490 229,571
Cash and cash equivalents - end of period 203,443 165,050
Line of Credit | Senior Credit Facility - Term Loan    
Financing Activities    
Principal repayments on term loan $ (7,500) $ (7,500)