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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
May 31, 2019
Aug. 31, 2018
ASSETS    
Cash and cash equivalents $ 323,960 $ 208,623
Investments 26,355 29,259
Accounts receivable, net of reserves of $5,254 at May 31, 2019 and $3,490 at August 31, 2018 153,461 156,639
Prepaid taxes 10,365 6,274
Prepaid expenses and other current assets 35,030 30,121
Total current assets 549,171 430,916
Property, equipment and leasehold improvements, net 105,287 100,545
Goodwill 690,956 701,833
Intangible assets, net 129,205 148,935
Deferred taxes 5,997 9,716
Other assets 31,285 27,502
TOTAL ASSETS 1,511,901 1,419,447
LIABILITIES    
Accounts payable and accrued expenses 67,174 72,059
Accrued compensation 42,515 66,479
Deferred fees 50,509 49,700
Taxes payable 3,820 8,453
Dividends payable 27,506 24,443
Total current liabilities 191,524 221,134
Long-term debt 574,129 574,775
Deferred taxes 19,006 21,190
Deferred fees 11,750 7,833
Taxes payable 24,323 29,626
Deferred rent and other non-current liabilities 36,760 38,989
TOTAL LIABILITIES 857,492 893,547
Commitments and contingencies (see Note 17)
STOCKHOLDERS’ EQUITY    
Preferred stock, $.01 par value, 10,000,000 shares authorized, none issued
Common stock, $.01 par value, 150,000,000 shares authorized, 39,982,823 and 39,264,849 shares issued, 38,217,763 and 38,192,586 shares outstanding at May 31, 2019 and August 31, 2018, respectively 400 393
Additional paid-in capital 781,705 667,531
Treasury stock, at cost: 1,765,060 and 1,072,263 shares at May 31, 2019 and August 31, 2018, respectively (371,722) (213,428)
Retained earnings 309,147 122,843
Accumulated other comprehensive loss (65,121) (51,439)
TOTAL STOCKHOLDERS’ EQUITY 654,409 525,900
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,511,901 $ 1,419,447