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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
May 31, 2017
Aug. 31, 2016
Current assets:    
Cash and cash equivalents $ 7,956 $ 10,456
Accounts receivable, less allowance for doubtful accounts of $2,376 and $1,579 48,538 65,960
Receivable from related party 1,048 1,933
Inventories 3,420 5,042
Income taxes receivable 1,316  
Prepaid expenses and other current assets 9,199 6,350
Total current assets 71,477 89,741
Property and equipment, net 18,511 16,083
Intangible assets, net 52,454 50,196
Goodwill 21,164 19,903
Long-term receivable from related party 701 1,235
Other long-term assets 14,046 13,713
Total assets 178,353 190,871
Current liabilities:    
Current portion of financing obligation 1,815 1,662
Current portion of term notes payable 5,000 3,750
Accounts payable 8,525 10,376
Income taxes payable   4
Deferred revenue 28,645 20,847
Accrued liabilities 16,165 17,418
Total current liabilities 60,150 54,057
Line of credit 572  
Financing obligation, less current portion 21,565 22,943
Term notes payable, less current portion 10,313 10,313
Other liabilities 1,885 3,173
Deferred income tax liabilities 83 6,670
Total liabilities 94,568 97,156
Shareholders' equity:    
Common stock, $.05 par value; 40,000 shares authorized, 27,056 shares issued 1,353 1,353
Additional paid-in capital 212,894 211,203
Retained earnings 64,797 76,628
Accumulated other comprehensive income 751 1,222
Treasury stock at cost, 13,261 shares and 13,332 shares (196,010) (196,691)
Total shareholders' equity 83,785 93,715
Total liabilities and shareholders' equity $ 178,353 $ 190,871