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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Aug. 31, 2016
Aug. 31, 2015
Current Assets:    
Cash and cash equivalents $ 199,522 $ 157,072
Short-term restricted cash 518 61
Receivables, net of allowance for doubtful accounts of $7 as of August 31, 2016 and $0 as of August 31, 2015, respectively 7,464 9,662
Merchandise inventories 282,907 267,175
Prepaid expenses and other current assets 22,143 22,535
Total current assets 512,554 456,505
Long-term restricted cash 2,676 1,464
Property and equipment, net 473,045 433,040
Goodwill 35,637 35,871
Deferred tax assets 12,258 14,845
Other non-current assets (includes $3,224 and $4,129 as of August 31, 2016 and August 31, 2015, respectively, for the fair value of derivative instruments) 49,798 39,182
Investment in unconsolidated affiliates 10,767 10,317
Total Assets 1,096,735 991,224
Current Liabilities:    
Short-term borrowings 16,534 6,606
Accounts payable 267,173 241,978
Accrued salaries and benefits 19,606 17,977
Deferred membership income 20,920 20,184
Income taxes payable 4,226 9,595
Other accrued expenses (includes $110 and $66 as of August 31, 2016 and August 31, 2015, respectively, for the fair value of foreign currency forward contracts) 24,880 23,558
Long-term debt, current portion 14,565 17,169
Total current liabilities 367,904 337,067
Deferred tax liability 1,760 1,755
Long-term portion of deferred rent 8,961 6,595
Long-term income taxes payable, net of current portion 970 1,402
Long-term debt, net of current portion 73,542 73,365
Other long-term liabilities (includes $1,514 and $1,699 for the fair value of derivative instruments and $4,013 and $2,757 for post employment plans as of August 31, 2016 and August 31, 2015, respectively) 5,527 4,456
Total Liabilities 458,664 424,640
Equity:    
Common stock, $0.0001 par value, 45,000,000 shares authorized; 31,237,658 and 30,977,764 shares issued and 30,401,307 and 30,184,584 shares outstanding (net of treasury shares) as of August 31, 2016 and August 31, 2015, respectively 3 3
Additional paid-in capital 412,369 403,168
Tax benefit from stock-based compensation 11,321 10,711
Accumulated other comprehensive loss (103,951) (101,512)
Retained earnings 351,060 283,611
Less: treasury stock at cost; 836,351 and 793,180 shares as of August 31, 2016 and August 31, 2015, respectively (32,731) (29,397)
Total Equity 638,071 566,584
Total Liabilities and Equity $ 1,096,735 $ 991,224