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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
May 31, 2020
May 31, 2019
Aug. 31, 2016
Cash Flows From Operating Activities:      
Net income $ 5,541 $ 21,284  
Adjustments to reconcile net income to net cash used in operating activities:      
Provision for doubtful accounts 129 2,616  
Amortization and depreciation 11,668 12,326  
Deferred income taxes (2,147) 668  
Net (gain) loss on sale of property, plant and equipment 40 (200)  
Amortization of deferred borrowing costs 135 136  
Share-based compensation expense 1,766 1,350  
Effects of changes in assets and liabilities, net of acquisitions:      
Accounts receivable 8,721 (14,228)  
Inventories (4,449) 7,681  
Prepaid expenses and other (941) (1,240)  
Other assets 123 185  
Net change in contract assets and liabilities 3,168 (55,088)  
Accounts payable (15,328) 7,068  
Other accrued liabilities and income taxes payable (19,610) (454)  
Net cash used in operating activities (11,184) (17,896)  
Cash Flows Used For Investing Activities:      
Proceeds from sale of property, plant and equipment 0 210  
Purchase of Property, Plant and Equipment (10,847) (4,686)  
Acquisition of Subsidiaries, Net of Cash Acquired 0 (38,993)  
Net Cash From Investing Activities (10,847) (43,469)  
Cash Flows From Financing Activities:      
Excess Tax Benefits From Stock Options and Stock Appreciation Rights   (539) $ (691)
Proceeds from revolving loan 76,000 187,000  
Payments on revolving loan (60,000) (131,000)  
Payments of Dividends (4,425) (4,440)  
Net Cash Used In Financing Activities 11,036 50,869  
Effect of Exchange Rate Changes on Cash 722 77  
Net Increase (Decrease) In Cash & Cash Equivalents (10,273) (10,419)  
Cash & Cash Equivalents At Beginning of Period 36,687 24,005  
Cash & Cash Equivalents At End of Period 26,414 13,586  
Supplemental Disclosures      
Cash Paid For Interest 869 1,600  
Cash Paid For Income Taxes $ 11 $ 567