CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	May 31, 2021	Aug. 31, 2020
Current assets:
Cash and cash equivalents	$ 80,362	$ 56,462
Trade and other accounts receivable, less allowance for doubtful accounts of $620 and $362 at May 31, 2021 and August 31, 2020, respectively	104,911	80,672
Inventories	47,768	41,264
Other current assets	7,902	6,756
Total current assets	240,943	185,154
Property and equipment, net	68,968	60,759
Goodwill	96,017	95,731
Other intangible assets, net	7,665	8,633
Operating lease right-of-use assets	9,158	8,168
Deferred tax assets, net	484	464
Other assets	4,652	3,728
Total assets	427,887	362,637
Current liabilities:
Accounts payable	31,307	21,676
Accrued liabilities	24,728	21,660
Accrued payroll and related expenses	21,485	14,767
Short-term borrowings	800	800
Income taxes payable	798	1,213
Total current liabilities	79,118	60,116
Long-term borrowings	116,498	113,098
Deferred tax liabilities, net	10,878	11,291
Long-term operating lease liabilities	7,344	6,520
Other long-term liabilities	11,417	11,299
Total liabilities	225,255	202,324
Commitments and Contingencies (Note 12)
Shareholders' equity:
Common stock - authorized 36,000,000 shares, $0.001 par value; 19,855,666 and 19,812,685 shares issued at May 31, 2021 and August 31, 2020, respectively; and 13,707,767 and 13,664,786 shares outstanding at May 31, 2021 and August 31, 2020, respectively	20	20
Additional paid-in capital	162,240	157,850
Retained earnings	432,230	398,731
Accumulated other comprehensive loss	(23,778)	(28,208)
Common stock held in treasury, at cost - 6,147,899 shares at both May 31, 2021 and August 31, 2020	(368,080)	(368,080)
Total shareholders' equity	202,632	160,313
Total liabilities and shareholders' equity	$ 427,887	$ 362,637