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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 30, 2016
Aug. 31, 2016
[1]
Current Assets:    
Cash and cash equivalents $ 5,088 $ 4,878
Restricted cash, current 1,864 1,425
Trade accounts receivable, net 18,620 18,797
Inventory, net 23,356 21,532
Marketable securities, trading 204 540
Prepaid expenses and other current assets 1,230 1,135
Total current assets 50,362 48,307
Non-current Assets:    
Equipment and leasehold improvements, net 1,811 1,395
Other assets 885 890
Total assets 53,058 50,592
Current Liabilities:    
Trade accounts payable 13,402 12,727
Accrued expenses and other current liabilities 2,290 5,600
Liability for short sales of trading securities 1,864 1,425
Total current liabilities 17,556 19,752
Non-current Liabilities:    
Long-term debt 4,079 0
Total liabilities 21,635 19,752
Shareholders’ Equity:    
Convertible preferred stock, $0.01 par value per share; 10,000,000 shares authorized; 36,000 shares outstanding (liquidation value $900) 1 1
Common stock, $0.01 par value per share; 8,000,000 shares authorized; 4,861,590 shares outstanding 49 49
Additional paid-in capital 12,378 12,378
Accumulated other comprehensive income 671 730
Retained earnings 18,324 17,682
Total shareholders’ equity 31,423 30,840
Total liabilities and shareholders’ equity $ 53,058 $ 50,592
[1] Derived from the Company’s audited financial statements included in its Form 10-K for the year ended August 31, 2016 as filed with the U. S. Securities and Exchange Commission on November 23, 2016.