Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	May 31, 2018		May 31, 2017
Operating activities:
Net income	$ 4,767		$ 2,686
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	752		550
Bad debt expense	70		61
Change in inventory reserve	157		7
Net gain on trading securities	(186)		(177)
(Increase) decrease in:
Trade accounts receivable	(3,078)		(413)
Inventory	(3,141)		(4,496)
Prepaid expenses and other assets	(1,231)		52
Increase (decrease) in:
Trade accounts payable	3,084		(981)
Accrued expenses and other liabilities	328		(1,986)
Net cash provided by (used in) operating activities	1,522		(4,697)
Investing activities:
Purchase of property, equipment and leasehold improvements	(1,423)		(8,306)
(Purchase) sale of marketable securities, trading	(896)		604
Net change in securities sold short	116		257
Change in restricted cash	(116)		(257)
Net cash used in investing activities	(2,319)		(7,702)
Financing activities:
(Payments) borrowings on revolving credit facility	(260)		6,515
Preferred dividend	(57)		(57)
Bank overdraft	166		1,073
Borrowings of long-term debt	0		5,400
Payments on long-term debt	(105)		0
Net cash (used in) provided by financing activities	(256)		12,931
Effect of foreign currency exchange rate changes on cash and cash equivalents	160		(3)
Net (decrease) increase in cash and cash equivalents	(893)		529
Cash and cash equivalents - beginning of period	3,870	[1]	4,878
Cash and cash equivalents - end of period	2,977		5,407
Supplemental disclosures of cash flow information:
Cash paid for income taxes	2,241		2,833
Cash paid for interest	$ 375		$ 75

[1] Derived from the Company’s audited financial statements included in its Form 10-K for the year ended August 31, 2017 as filed with the U. S. Securities and Exchange Commission on November 22, 2017.