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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Feb. 28, 2021
Feb. 29, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ (938) $ 553
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 5,746 5,613
Amortization of capitalized curriculum costs 1,750 2,029
Stock-based compensation 2,757 3,644
Deferred income taxes (198) (2,012)
Change in fair value of contingent consideration liabilities 46 (91)
Amortization of right-of-use operating lease assets 509  
Loss on disposal of assets   38
Changes in assets and liabilities:    
Decrease in accounts receivable, net 14,978 24,556
Decrease in inventories 346 681
Increase in prepaid expenses and other assets (344) (180)
Decrease in accounts payable and accrued liabilities (244) (6,959)
Decrease in deferred revenue (1,497) (8,888)
Decrease in income taxes payable/receivable (87) (1,605)
Decrease in other long-term liabilities (912) (6)
Net cash provided by operating activities 21,912 17,373
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (877) (2,516)
Curriculum development costs (1,292) (2,232)
Purchase of note receivable from bank   (2,600)
Net cash used for investing activities (2,169) (7,348)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from term notes payable   5,000
Principal payments on term notes payable (2,500) (2,500)
Principal payments on financing obligation (1,269) (1,139)
Purchases of common stock for treasury (2,971) (13,833)
Payment of contingent consideration liabilities (540) (911)
Proceeds from sales of common stock held in treasury 464 484
Net cash used for financing activities (6,816) (12,899)
Effect of foreign currency exchange rates on cash and cash equivalents 279 (15)
Net increase (decrease) in cash and cash equivalents 13,206 (2,889)
Cash and cash equivalents at the beginning of the period 27,137 27,699
Cash and cash equivalents at the end of the period 40,343 24,810
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 788 1,381
Cash paid for interest 1,085 1,144
Non-cash investing and financing activities:    
Purchases of property and equipment financed by accounts payable 48 985
Acquisition of right-of-use operating lease assets for operating lease liabilities $ 885  
Use of notes receivable to modify revenue contract   $ 3,246