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Consolidated Statements of Cash Flows - Unaudited - USD ($)
$ in Thousands
6 Months Ended
Feb. 28, 2021
Feb. 29, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 197,849 $ 182,643
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 30,962 28,296
Amortization of lease right-of-use assets 21,517 20,510
Stock-based compensation expense 22,327 18,028
Deferred income taxes (2,802) (3,091)
Changes in assets and liabilities, net of effects of acquisitions    
Accounts receivable, net of reserves (15,421) (21,835)
Accounts payable and accrued expenses (724) 10,356
Accrued compensation (20,879) (23,518)
Deferred fees 12,445 10,775
Taxes payable, net of prepaid taxes 16,688 (12,182)
Lease liabilities, net (20,549) (13,924)
Other, net (11,477) (598)
Net cash provided by operating activities 229,936 195,460
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property, equipment, leasehold improvements and internal-use software (28,758) (51,899)
Acquisition of business, net of cash and cash equivalents acquired (41,916) 0
Purchases of investments (1,250) (2,236)
Proceeds from maturity or sale of investments 2,176 4,199
Net cash used in investing activities (69,748) (49,936)
CASH FLOWS FROM FINANCING ACTIVITIES    
Repurchases of common stock (114,640) (158,595)
Dividend payments (58,186) (54,363)
Proceeds from employee stock plans 28,526 50,487
Other financing activities (2,359) (1,586)
Net cash used by financing activities (146,659) (164,057)
Effect of exchange rate changes on cash and cash equivalents 3,550 2,222
Net increase (decrease) in cash and cash equivalents 17,079 (16,311)
Cash and cash equivalents at beginning of period 585,605 359,799
Cash and cash equivalents at end of period $ 602,684 $ 343,488