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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Feb. 29, 2024
Feb. 28, 2023
Cash flows from operating activities    
Net income $ 5,974 $ 5,419
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 2,196 1,858
Change in fair value of contingent consideration 330 0
Amortization of investment (discounts) premiums (796) (379)
Stock-based compensation 3,147 2,300
Deferred income taxes (885) 403
Currency translation adjustments (69) 30
(Increase) decrease in    
Accounts receivable (2,913) 2,389
Prepaid income taxes (560) 994
Prepaid expenses and other assets (1,170) (1,067)
Accounts payable 216 125
Other liabilities 1,145 (1,010)
Deferred revenue (643) (814)
Net cash provided by operating activities 5,972 10,248
Cash flows from investing activities    
Purchases of property and equipment (433) (316)
Purchase of short-term investments (48,989) (47,156)
Proceeds from maturities of short-term investments 36,252 48,151
Purchase of long-term investments (9,024) 0
Purchased intangibles (467) (77)
Capitalized computer software development costs (1,719) (1,675)
Net cash used in investing activities (24,380) (1,073)
Cash flows from financing activities    
Payment of dividends (2,394) (2,413)
Proceeds from the exercise of stock options 310 963
Repurchase and retirement of common shares 0 (20,000)
Net cash used in financing activities (2,084) (21,450)
Net decrease in cash and cash equivalents (20,492) (12,275)
Cash and cash equivalents, beginning of year 57,523 51,567
Cash and cash equivalents, end of period 37,031 39,292
Supplemental disclosures of cash flow information    
Income taxes paid $ 3,142 $ 93