CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 43,143	$ 42,014	$ 32,807
Adjustments to reconcile net income to net cash provided by operating activities
Gain on sale of real estate		(860)
Gain on sale of license	(1,085)
Gain on sale of businesses	(1,480)	(2,013)	(1,031)
Loss on write-down of certain assets under construction			365
Depreciation	5,817	5,130	5,606
Amortization	11,807	9,127	7,836
Cost of sale of inventory step-up	1,070	190
Provision (recovery) of allowance for doubtful accounts	101	(359)	169
Stock-based compensation	2,128	2,212	1,333
Realized gain on restricted investments	(97)	(127)	(67)
Decrease in cash surrender value of life insurance			103
Pension curtailment and settlement loss		14	13
Excess tax expense from stock-based compensation			(1,784)
Deferred taxes	(2,473)	(2,263)	(2,590)
Increase (decrease) from changes in assets and liabilities
Accounts receivable	(2,968)	(1,003)	3,312
Inventory	(8,845)	116	3,124
Prepaid expenses and other assets	569	(878)	(475)
Accounts payable	2,847	1,420	(2,821)
Accrued compensation and other expenses	(501)	(825)	1,490
Accrued income taxes	(3,962)	37	1,443
Net cash provided by operating activities	46,071	51,932	48,833
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of property, plant and equipment	(3,488)	(3,199)	(2,046)
Cost to acquire intangible assets	(18)	(71)	(64)
Payments for acquisitions, net of cash acquired	(73,469)	(30,270)	(1,161)
Proceeds from sale of real estate		2,122
Proceeds from sale of license	1,000
Proceeds from sale of businesses	2,232	3,915	1,729
Changes in restricted investments	(23)	897	(149)
Proceeds from settlement of life insurance policies		1,504	1,238
Payments for cash surrender value life insurance			(159)
Net cash used in investing activities	(73,766)	(25,102)	(612)
CASH FLOWS FROM FINANCING ACTIVITIES
Borrowings on debt	65,000
Payments of principal on debt	(40,000)	(43,400)	(8,400)
Dividend paid	(7,497)	(6,532)	(5,999)
Proceeds from exercise of common stock options	192	95	124
Payments of taxes on stock options and restricted stock	(3,272)	(2,959)	(2,808)
Excess tax benefit from stock-based compensation			1,784
Net cash provided by (used in) financing activities	14,423	(52,796)	(15,299)
INCREASE (DECREASE) IN CASH & CASH EQUIVALENTS	(13,272)	(25,966)	32,922
Effect of foreign exchange rates on cash	746	(91)	(3,330)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	47,354	73,411	43,819
CASH AND CASH EQUIVALENTS, END OF PERIOD	$ 34,828	$ 47,354	$ 73,411

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Amount of cash inflow from exercise of stock options granted under share-based compensation arrangement.

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The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

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Amount of expense related to write-down of receivables to the amount expected to be collected. Includes, but is not limited to, accounts receivable and notes receivable.

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The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer.

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The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method.

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