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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
May 31, 2020
Aug. 31, 2019
Current assets    
Cash and cash equivalents $ 163,603 $ 211,151
Accounts receivable, net 93,796 125,883
Inventories, net 78,914 77,187
Assets from discontinued operations 0 285,578
Other current assets 43,515 30,526
Total current assets 379,828 730,325
Property, plant and equipment, net 60,671 56,729
Goodwill 271,169 260,415
Other intangible assets, net 62,833 52,375
Other long-term assets 77,034 24,430
Total assets 851,535 1,124,274
Current liabilities    
Trade accounts payable 52,091 76,914
Accrued compensation and benefits 14,896 26,421
Current maturities of debt 0 7,500
Income taxes payable 6,027 4,838
Liabilities from discontinued operations 0 143,763
Other current liabilities 49,525 40,965
Total current liabilities 122,539 300,401
Long-term debt, net 286,497 452,945
Deferred Income Taxes 2,466 1,564
Pension and postretirement benefit liabilities 19,649 20,213
Other long-term liabilities 84,102 47,972
Total liabilities 515,253 823,095
Shareholders’ equity    
Class A common stock, $0.20 par value per share, authorized 168,000,000 shares, issued 82,562,731 and 81,920,679 shares, respectively 16,513 16,384
Additional paid-in capital 192,928 181,213
Treasury stock, at cost, 22,795,230 and 21,455,568 shares, respectively (667,732) (640,212)
Retained earnings 918,623 915,466
Accumulated other comprehensive loss (124,050) (171,672)
Stock held in trust (2,517) (3,070)
Deferred compensation liability 2,517 3,070
Total shareholders' equity 336,282 301,179
Total liabilities and shareholders’ equity $ 851,535 $ 1,124,274