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Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 31, 2018
Aug. 31, 2017
ASSETS    
Cash and cash equivalents $ 208,623 $ 194,731
Investments 29,259 32,444
Accounts receivable, net of reserves of $3,490 and $2,738 at August 31, 2018 and 2017, respectively 156,639 148,331
Prepaid taxes 6,274 7,076
Deferred taxes 2,668
Prepaid expenses and other current assets 30,121 24,127
Total current assets 430,916 409,376
Property, equipment and leasehold improvements, net 100,545 100,454
Goodwill 701,833 707,560
Intangible assets, net 148,935 173,543
Deferred taxes 9,716 7,412
Other assets 27,502 14,970
TOTAL ASSETS 1,419,448 1,413,315
LIABILITIES    
Accounts payable and accrued expenses 72,059 59,214
Accrued compensation 66,479 61,083
Deferred fees 49,700 47,495
Deferred taxes 2,382
Taxes payable 8,453 9,112
Dividends payable 24,443 21,853
Total current liabilities 221,134 201,139
Long-term debt 574,775 575,000
Deferred taxes 21,190 24,892
Deferred fees 7,833 3,921
Taxes payable 29,626 11,484
Deferred rent and other non-current liabilities 38,989 37,188
TOTAL LIABILITIES 893,547 853,624
Commitments and contingencies (See Note 19)
STOCKHOLDERS’ EQUITY    
Preferred stock, $.01 par value, 10,000,000 shares authorized, none issued
Common stock, $.01 par value, 150,000,000 shares authorized, 39,264,849 and 51,845,132 shares issued; 38,192,586 and 39,023,032 shares outstanding at August 31, 2018 and 2017, respectively 393 518
Additional paid-in capital 667,531 741,748
Treasury stock, at cost: 1,072,263 and 12,822,100 shares at August 31, 2018 and 2017, respectively (213,428) (1,606,678)
Retained earnings 122,843 1,458,823
Accumulated other comprehensive loss (51,439) (34,720)
TOTAL STOCKHOLDERS’ EQUITY 525,900 559,691
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,419,447 $ 1,413,315