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, 2015
Nov. 30, 2014
Operating Activities    
Net earnings $ 15,448 $ 24,674
Adjustments to reconcile net earnings to cash provided by operating activities:    
Depreciation and amortization 12,472 13,708
Stock-based compensation expense 2,961 3,546
Provision (benefit) for deferred income taxes 156 (1,352)
Amortization of debt discount and debt issuance costs 413 423
Other non-cash adjustments (930) 146
Sources (uses) of cash from changes in components of working capital and other:    
Accounts receivable (7,397) (3,629)
Inventories (2,851) (6,500)
Other assets (9,211) (10,698)
Trade accounts payable 7,735 (7,398)
Income taxes payable/refundable (4,294) (28,007)
Accrued compensation and benefits (572) (9,963)
Other accrued liabilities 6,439 5,876
Cash provided by (used in) operating activities 20,369 (19,174)
Investing Activities    
Capital expenditures (5,529) (7,986)
Proceeds from sale of property, plant and equipment 1,437 225
Business acquisitions, net of cash acquired (530) 0
Cash used in investing activities (4,622) (7,761)
Financing Activities    
Purchase of treasury shares (4,682) (104,415)
Stock option exercises, related tax benefits and other 1,090 2,287
Cash dividend (2,376) (2,598)
Cash (used in) provided by financing activities (6,186) 19,143
Effect of exchange rate changes on cash (6,462) (13,945)
Net increase (decrease) in cash and cash equivalents 3,099 (21,737)
Cash and cash equivalents – beginning of period 168,846 109,012
Cash and cash equivalents – end of period 171,945 87,275
Line of Credit | Senior Credit Facility - Revolver    
Financing Activities    
Net borrowings (repayment) on debt (218) 124,994
Line of Credit | Senior Credit Facility - Term Loan    
Financing Activities    
Net borrowings (repayment) on debt $ 0 $ (1,125)