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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
May 31, 2021
May 31, 2020
May 31, 2021
May 31, 2020
Condensed Consolidated Statements of Income        
Net sales $ 62,676 $ 54,923 $ 171,830 $ 167,791
Cost of sales 45,826 40,069 125,504 121,242
Gross margin 16,850 14,854 46,326 46,549
Operating expenses:        
Selling, general and administrative expenses 12,800 12,732 38,021 38,007
Income from operations 4,050 2,122 8,305 8,542
Other income (expense):        
Net gain (loss) on trading securities 196 384 (863) 775
Loss on sale of property   (28)   (130)
Interest and other (expense) (45) (40) (174) (224)
Other income (expense), net 151 316 (1,037) 421
Income before income taxes 4,201 2,438 7,268 8,963
Provision for income taxes 1,121 683 1,943 2,693
Net income 3,080 1,755 5,325 6,270
Cumulative preferred stock dividend (19) (19) (57) (57)
Net income attributable to common shareholders $ 3,061 $ 1,736 $ 5,268 $ 6,213
Basic and diluted earnings per share: $ 0.63 $ 0.36 $ 1.08 $ 1.28
Basic and diluted weighted average common shares outstanding 4,861,590 4,861,590 4,861,590 4,861,590