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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 28, 2019
Aug. 31, 2018
[1]
Current Assets:    
Cash and cash equivalents $ 3,982 $ 2,705
Restricted cash, current 818 933
Trade accounts receivable, net 28,148 26,277
Inventory, net 35,457 30,531
Marketable securities, trading 1,877 2,846
Prepaid expenses and other current assets 2,216 1,590
Total current assets 72,498 64,882
Non-current Assets:    
Property, equipment and leasehold improvements, net 9,674 9,847
Other assets 1,468 1,570
Total assets 83,640 76,299
Current Liabilities:    
Trade accounts payable 20,341 17,678
Accrued expenses and other current liabilities 3,599 7,452
Liability for short sales of trading securities 818 933
Current portion of long-term debt 148 146
Total current liabilities 24,906 26,209
Non-current Liabilities:    
Long-term debt 12,723 8,204
Total liabilities 37,629 34,413
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 1,205 928
Retained earnings 32,378 28,530
Total shareholders' equity 46,011 41,886 [2]
Total liabilities and shareholders' equity $ 83,640 $ 76,299
[1] Derived from the Company’s audited financial statements included in its Form 10-K for the year ended August 31, 2018 as filed with the U. S. Securities and Exchange Commission on November 28, 2018.
[2] Derived from the Company’s audited financial statements included in its Form 10-K for the year ended August 31, 2018 and 2017 as filed with the U. S. Securities and Exchange Commission on November 28, 2018 and 2017, respectively.