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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 30, 2018
Aug. 31, 2018
Current assets:    
Cash and cash equivalents $ 11,085 $ 10,153
Accounts receivable, less allowance for doubtful accounts of $3,929 and $3,555 55,646 71,914
Inventories 2,920 3,160
Income taxes receivable   179
Prepaid expenses and other current assets 13,841 14,757
Total current assets 83,492 100,163
Property and equipment, net 20,691 21,401
Intangible assets, net 50,701 51,934
Goodwill 24,220 24,220
Deferred income tax assets 4,877 3,222
Other long-term assets 12,343 12,935
Total assets 196,324 213,875
Current liabilities:    
Current portion of term notes payable 9,063 10,313
Current portion of financing obligation 2,151 2,092
Accounts payable 7,685 9,790
Income taxes payable 325  
Deferred revenue 46,221 51,888
Accrued liabilities 16,948 20,761
Total current liabilities 82,393 94,844
Line of credit 8,508 11,337
Term notes payable, less current portion 2,187 2,500
Financing obligation, less current portion 18,419 18,983
Other liabilities 7,747 5,501
Deferred income tax liabilities 210 210
Total liabilities 119,464 133,375
Shareholders' equity:    
Common stock, $.05 par value; 40,000 shares authorized, 27,056 shares issued 1,353 1,353
Additional paid-in capital 212,290 211,280
Retained earnings 59,069 63,569
Accumulated other comprehensive income 32 341
Treasury stock at cost, 13,148 shares and 13,159 shares (195,884) (196,043)
Total shareholders' equity 76,860 80,500
Total liabilities and shareholders' equity $ 196,324 $ 213,875