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Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 31, 2019
Aug. 31, 2018
ASSETS    
Cash and cash equivalents $ 359,799 $ 208,623
Investments 25,813 29,259
Accounts receivable, net of reserves of $10,511 at August 31, 2019 and $3,490 at August 31, 2018 146,309 156,639
Prepaid taxes 15,033 6,274
Prepaid expenses and other current assets 36,858 30,121
Total current assets 583,812 430,916
Property, equipment and leasehold improvements, net 132,524 100,545
Goodwill 685,729 701,833
Intangible assets, net 120,551 148,935
Deferred taxes 7,571 9,716
Other assets 29,943 27,502
TOTAL ASSETS 1,560,130 1,419,447
LIABILITIES    
Accounts payable and accrued expenses 79,620 72,059
Accrued compensation 64,202 66,479
Deferred fees 47,656 49,700
Taxes payable 0 8,453
Dividends payable 27,445 24,443
Total current liabilities 218,923 221,134
Long-term debt 574,174 574,775
Deferred taxes 16,391 21,190
Deferred fees 10,088 7,833
Taxes payable 26,292 29,626
Deferred rent and other non-current liabilities 42,006 38,989
TOTAL LIABILITIES 887,874 893,547
Commitments and contingencies (See Note 19)
STOCKHOLDERS’ EQUITY    
Preferred stock, $.01 par value, 10,000,000 shares authorized, none issued 0 0
Common stock, $.01 par value, 150,000,000 shares authorized, 40,104,192 and 39,264,849 shares issued, 38,117,840 and 38,192,586 shares outstanding at August 31, 2019 and 2018, respectively 401 393
Additional paid-in capital 806,973 667,531
Treasury stock, at cost: 1,986,352 and 1,072,263 shares at August 31, 2019 and 2018, respectively (433,799) (213,428)
Retained earnings 373,225 122,843
Accumulated other comprehensive loss (74,544) (51,439)
TOTAL STOCKHOLDERS’ EQUITY 672,256 525,900
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,560,130 $ 1,419,447