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Consolidated Balance Sheets - Unaudited - USD ($)
$ in Thousands
May 31, 2020
Aug. 31, 2019
ASSETS    
Cash and cash equivalents $ 457,707 $ 359,799
Investments 22,606 25,813
Accounts receivable, net of reserves of $7,357 at May 31, 2020 and $10,511 at August 31, 2019 151,398 146,309
Prepaid taxes 42,250 15,033
Prepaid expenses and other current assets 34,468 36,858
Total current assets 708,429 583,812
Property, equipment and leasehold improvements, net 136,655 119,384
Goodwill 688,484 685,729
Intangible assets, net 127,207 133,691
Deferred taxes 0 7,571
Lease right-of-use assets, net 254,391  
Other assets 32,539 29,943
TOTAL ASSETS 1,947,705 1,560,130
LIABILITIES    
Accounts payable and accrued expenses 80,048 79,620
Current lease liabilities 29,225  
Accrued compensation 50,114 64,202
Deferred fees 58,725 47,656
Dividends payable 29,188 27,445
Total current liabilities 247,300 218,923
Long-term debt 574,309 574,174
Deferred taxes 15,502 16,391
Deferred fees 8,885 10,088
Taxes payable 26,816 26,292
Lease liabilities 276,019  
Other non-current liabilities 5,916 42,006
TOTAL LIABILITIES 1,154,747 887,874
Commitments and contingencies (see Note 16)
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.01 par value, 10,000,000 shares authorized, none issued 0 0
Common stock, $0.01 par value, 150,000,000 shares authorized, 40,556,920 and 40,104,192 shares issued, 37,907,127 and 38,117,840 shares outstanding at May 31, 2020 and August 31, 2019, respectively 406 401
Additional paid-in capital 900,663 806,973
Treasury stock, at cost: 2,649,793 and 1,986,352 shares at May 31, 2020 and August 31, 2019, respectively (606,405) (433,799)
Retained earnings 573,354 373,225
Accumulated other comprehensive loss (75,060) (74,544)
TOTAL STOCKHOLDERS’ EQUITY 792,958 672,256
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,947,705 $ 1,560,130