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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
May. 31, 2015
May. 31, 2014
Operating activities:    
Net income $ 2,688 $ 3,470
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 409 406
Bad debt expense 0 14
Change in inventory reserve 48 76
Gain on sale of property 0 (535)
Net (gain) loss on investments (37) 49
(Increase) decrease in:    
Trade accounts receivable 9 (2,972)
Inventory (1,261) (843)
Prepaid expenses and other assets 91 390
Restricted cash - discontinued operations 119 0
Deferred tax asset 0 (889)
Increase (decrease) in:    
Trade accounts payable 524 941
Accrued expenses and other current liabilities 183 675
Deposit liability 0 (24)
Liabilities of discontinued operations (119) (146)
Net cash provided by operating activities 2,654 612
Investing activities:    
Purchase of property and equipment (326) (458)
Sale (purchase) of marketable securities, trading 110 (5,137)
Proceeds from securities sold short 1,359 0
Proceeds from sale of marketable securities, trading 0 4,648
Proceeds from sale of property 0 1,139
Change in restricted cash - marketable securities, trading (1,359) 0
Net cash (used in) provided by investing activities (216) 192
Financing activities:    
Payments on revolving credit facility (1,400) (1,366)
Payment of preferred dividend (57) (57)
Bank overdraft 271 1,251
Payments on long-term debt - real estate held for sale 0 (396)
Borrowings (payments) on long-term debt 8 (126)
Net cash used in financing activities (1,178) (694)
Effect of foreign currency exchange rate changes on cash and cash equivalents (144) 71
Net increase in cash and cash equivalents 1,116 181
Cash and cash equivalents - beginning of period 3,480 1,507
Cash and cash equivalents - end of period 4,596 1,688
Supplemental disclosures of cash flow information:    
Cash paid for interest 13 299
Cash paid for taxes $ 1,071 $ 666