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Consolidated Balance Sheets - USD ($)
Aug. 31, 2020
Aug. 31, 2019
Current Assets:    
Cash and cash equivalents $ 6,079,000 $ 4,692,000
Restricted cash 2,916,000 655,000
Trade accounts receivable, net 29,667,000 31,655,000
Inventory, net 39,545,000 37,259,000
Marketable securities, trading 1,368,000 1,873,000
Prepaid expenses and other current assets 5,094,000 4,234,000
Total current assets 84,669,000 80,368,000
Property, equipment and leasehold improvements:    
Held for use, net 8,848,000 3,717,000
Held for sale, net 0 6,855,000
Total property, equipment and leasehold improvements, net 8,848,000 10,572,000
Other assets :    
Operating lease right-of-use assets 11,512,000  
Other assets, net 1,424,000 1,938,000
Total assets 106,453,000 92,878,000
Current Liabilities:    
Trade accounts payable 16,535,000 21,138,000
Accrued expenses and other current liabilities 6,632,000 8,297,000
Liability for short sales of trading securities 2,916,000 655,000
Current portion of operating lease liabilities 2,493,000  
Current portion of long-term debt 5,100,000 5,484,000
Total current liabilities 33,676,000 35,574,000
Non-current Liabilities:    
Long-term debt 4,807,000 6,114,000
Operating lease liabilities 9,151,000  
Total liabilities 47,634,000 41,688,000
Commitments and Contingencies
Shareholders' Equity:    
Convertible preferred stock, $0.01 par value per share; 10,000,000 shares authorized; 36,000 shares outstanding (liquidation value $900) 1,000 1,000
Common stock, $0.01 par value per share; 8,000,000 shares authorized; 4,861,590 shares outstanding 49,000 49,000
Additional paid-in capital 12,378,000 12,378,000
Accumulated other comprehensive income 788,000 876,000
Retained earnings 45,603,000 37,886,000
Total shareholders' equity 58,819,000 51,190,000
Total liabilities and shareholders' equity $ 106,453,000 $ 92,878,000