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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Feb. 28, 2021
Feb. 29, 2020
Cash flows from operating activities    
Net income $ 5,690 $ 4,208
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 1,776 1,345
Change in value of contingent consideration 243 (0)
Amortization of note premiums 1,276 0
Stock-based compensation 1,336 784
Deferred income taxes 6 (17)
Currency translation adjustments (4) 0
Increase (decrease) in    
Accounts receivable (3,884) (2,218)
Revenues in excess of billings (744) (880)
Prepaid income taxes (280) 308
Prepaid expenses and other assets 188 92
Accounts payable 51 421
Accrued payroll and other expenses 640 (114)
Billings in excess of revenues 117 93
Deferred revenue 223 (197)
Net cash provided by operating activities 6,634 3,825
Cash flows used in investing activities    
Purchases of property and equipment (583) (73)
Purchases of short-term investments (40,789) 0
Proceeds from sale of short-term investments 30,950 0
Capitalized computer software development costs (1,474) (1,127)
Net cash used in investing activities (11,896) (1,200)
Cash flows used in financing activities    
Payment of dividends (2,396) (2,115)
Proceeds from the exercise of stock options 836 303
Net cash used in financing activities (1,560) (1,812)
Net increase (decrease) in cash and cash equivalents (6,822) 813
Cash and cash equivalents, beginning of year 49,207 11,436
Cash and cash equivalents, end of period 42,385 12,249
Supplemental disclosures of cash flow information    
Income taxes paid 878 1,066
Non-Cash Investing and Financing Activities    
Right of use assets capitalized $ 905 $ 903