CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	May 31, 2017	May 31, 2016
Operating Activities:
Net income	$ 70,926	$ 66,451
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	34,445	29,003
(Gain)/loss on sale of property and equipment	1,106	399
Deferred income taxes	3,143	(1,222)
Excess tax benefit on stock-based compensation	(231)	(579)
Equity in (gains) losses of unconsolidated affiliates	1	(362)
Stock-based compensation	7,328	6,731
Change in operating assets and liabilities:
Receivables, prepaid expenses and other current assets, non-current assets, accrued salaries and benefits, deferred membership income and other accruals	(1,104)	(2,281)
Merchandise inventories	3,490	13,397
Accounts payable	(32,825)	631
Net cash provided by (used in) operating activities	86,279	112,168
Investing Activities:
Additions to property and equipment	(99,541)	(51,462)
Deposits for land purchase option agreements	(300)	(442)
Proceeds from disposal of property and equipment	335	96
Investment in joint ventures		(119)
Net cash provided by (used in) investing activities	(99,506)	(51,927)
Financing Activities:
Proceeds from long-term bank borrowings	47,700	7,370
Repayment of long-term bank borrowings	(11,009)	(10,191)
Proceeds from short-term bank borrowings	678	18,829
Repayment of short-term bank borrowings	(17,179)	(15,214)
Cash dividend payments	(10,641)	(10,629)
Excess tax benefit on stock-based compensation	231	579
Purchase of treasury stock	(2,011)	(2,017)
Proceeds from exercise of stock options	433	80
Net cash provided by (used in) financing activities	8,202	(11,193)
Effect of exchange rate changes on cash and cash equivalents	(2,391)	(3,504)
Net increase (decrease) in cash and cash equivalents	(7,416)	45,544
Cash and cash equivalents at beginning of period	199,522	157,072
Cash and cash equivalents at end of period	192,106	202,616
Supplemental disclosure of cash flow information:
Dividends declared but not paid	$ 10,643	$ 10,629