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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Feb. 28, 2022
Aug. 31, 2021
Current Assets    
Cash and cash equivalents $ 116,044 $ 119,429
Accounts receivable, less allowances of $529 and $451 46,081 46,212
Inventory 52,996 41,217
Prepaid expenses and other current assets 4,629 2,851
Prepaid income taxes and refunds due 3,280 3,255
Total current assets 223,030 212,964
Property, plant and equipment, less accumulated depreciation of $51,796 and $50,666 24,137 24,267
Other Assets    
Goodwill 97,131 97,866
Intangible assets, less accumulated amortization of $94,179 and $91,484 40,305 46,954
Cash surrender value of life insurance 4,450 4,450
Restricted investments 2,323 2,260
Deferred income taxes 4,879 5,265
Operating lease right-of-use asset 9,554 9,312
Other assets 952 821
Total assets 406,761 404,159
Current Liabilities    
Accounts payable 17,331 19,575
Accrued payroll and other compensation 4,212 7,179
Income taxes payable   761
Accrued expenses 5,250 5,407
Total current liabilities 26,793 32,922
Operating lease long-term liabilities 7,493 7,202
Deferred compensation 2,329 2,267
Accumulated pension obligation 8,811 9,416
Other liabilities 2,692 2,537
Deferred income taxes 3,162 3,301
Accrued income taxes 2,207 2,190
Commitments and contingencies (Note 10)
Equity    
First Serial Preferred Stock, $1.00 par value: Authorized 100,000 shares; none issued
Common stock, $.10 par value: Authorized 20,000,000 shares; 9,468,888 shares at February 28, 2022 and 9,447,905 shares at August 31, 2021 issued and outstanding 948 946
Additional paid-in capital 20,513 18,959
Accumulated other comprehensive loss (13,209) (11,210)
Retained earnings 345,022 335,629
Total equity 353,274 344,324
Total liabilities and equity $ 406,761 $ 404,159