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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
May 31, 2023
May 31, 2022
Cash flows from operating activities    
Net income $ 9,427 $ 11,522
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 2,803 2,724
Change in value of contingent consideration 0 283
Amortization of investment (discounts) premiums (738) 1,493
Stock-based compensation 3,548 2,279
Deferred income taxes (1,346) (46)
Currency translation adjustments 174 (251)
Increase (Decrease) in Other Operating Assets and Liabilities, Net [Abstract]    
Accounts receivable 3,573 (8,736)
Prepaid income taxes 1,391 690
Prepaid expenses and other assets (1,430) 1,208
Accounts payable 132 32
Other liabilities 161 (2,657)
Accrued income taxes 793 0
Deferred revenue 308 1,432
Net cash provided by operating activities 18,796 9,973
Cash flows from investing activities    
Purchases of property and equipment (257) (740)
Purchase of short-term investments (71,835) (70,924)
Proceeds from maturities of short-term investments 82,007 75,932
Purchased intangibles (519) 0
Capitalized computer software development costs (2,550) (2,266)
Net cash provided by investing activities 6,846 2,002
Cash flows from financing activities    
Payment of dividends (3,613) (3,632)
Payments on contracts payable 0 (3,667)
Proceeds from the exercise of stock options 1,535 693
Repurchase and retirement of common shares (20,000) 0
Net cash used in financing activities (22,078) (6,606)
Net increase in cash and cash equivalents 3,564 5,369
Cash and cash equivalents, beginning of year 51,567 36,984
Cash and cash equivalents, end of period 55,131 42,353
Supplemental disclosures of cash flow information    
Income taxes paid 1,559 2,001
Non-Cash Investing and Financing Activities    
Right of use assets capitalized $ 0 $ 624