| Aug'19 | Aug'18 | Aug'17 | Aug'16 | Aug'15 | Aug'14 | Aug'13 | Aug'12 | Aug'11 | Aug'10 |
|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | |||||||||
Net earnings (loss) | |||||||||
2,172 | 20,277 | 23,179 | 20,267 | 26,309 | 51,512 | 70,570 | 43,277 | 36,802 | 24,862 |
Adjustments to reconcile net earnings to net cash used in operating activities: | |||||||||
Depreciation and amortization | |||||||||
14,018 | 16,514 | 16,678 | 16,881 | 16,412 | 14,793 | 12,600 | 12,468 | 11,734 | 10,710 |
Loss on sale of business | |||||||||
-301 | -4,056 | - | - | - | - | - | - | - | - |
Asset write-down | |||||||||
- | - | - | - | 270 | - | - | - | - | - |
Provision for uncollectible accounts receivable | |||||||||
-496 | -2,587 | -574 | -843 | 5,840 | 2,225 | 1,543 | 379 | 388 | 732 |
Deferred income taxes | |||||||||
-5,686 | -50 | -903 | -5,755 | 278 | -8,195 | -3,237 | -3,868 | -2,828 | -1,500 |
Share-based compensation expense | |||||||||
4,195 | 3,891 | 3,598 | 3,060 | 3,332 | 4,207 | 4,573 | 3,939 | 3,474 | 2,206 |
Valuation adjustment for indirect tax credits | |||||||||
2,795 | - | - | - | - | - | - | - | - | - |
Other, net | |||||||||
-981 | -2,903 | -626 | -89 | -4,665 | 465 | 1,014 | -959 | 208 | -399 |
Changes in assets and liabilities: | |||||||||
Receivables | |||||||||
7,969 | 3,714 | -7,959 | 4,730 | -10,902 | -24,751 | 36,557 | 7,570 | 12,626 | 22,294 |
Inventories | |||||||||
16,187 | 8,173 | 10,092 | -1,330 | -915 | 2,724 | 10,020 | 5,609 | 1,826 | -827 |
Other current assets | |||||||||
-173 | 1,150 | -4,581 | 1,047 | 3,984 | 3,092 | 4,054 | 641 | 1,430 | 2,862 |
Accounts payable | |||||||||
2,119 | 159 | 4,076 | -7,101 | -337 | -623 | 9,188 | 723 | 4,780 | 6,739 |
Other current liabilities | |||||||||
2,629 | 3,671 | -3,821 | -1,043 | -8,856 | 8,954 | 14,578 | -1,602 | 8,223 | 1,388 |
Current income taxes payable | |||||||||
- | - | - | - | -8,011 | 5,706 | -892 | 5,408 | -2,327 | 5,287 |
Other noncurrent assets and liabilities | |||||||||
-4,752 | 1,863 | 5,858 | -12,017 | -1,558 | -5,251 | 227 | 4,576 | -1,517 | -1,863 |
Net cash used in operating activities | |||||||||
3,797 | 33,934 | 39,449 | 33,125 | 49,293 | 91,798 | 57,505 | 52,439 | 43,055 | 23,833 |
CASH FLOWS FROM INVESTING ACTIVITIES: | |||||||||
Purchases of property, plant, and equipment | |||||||||
23,211 | 11,054 | 8,863 | 11,496 | 15,244 | 17,715 | 11,136 | 9,890 | 8,405 | 5,784 |
Proceeds from sale of businesses | |||||||||
- | 29,888 | - | - | - | - | - | - | - | - |
Acquisition of business, net of cash acquired | |||||||||
- | - | - | - | 69,521 | - | 29,007 | - | 6,180 | 6,436 |
Proceeds from sale of property, plant and equipment | |||||||||
- | - | - | - | - | - | - | 116 | 80 | 606 |
Proceeds from settlement of net investment hedges | |||||||||
2,262 | 2,278 | 2,117 | 3,381 | 7,473 | 1,245 | 1,944 | 3,378 | 142 | - |
Payments for settlement of net investment hedges | |||||||||
327 | 3,089 | 3,466 | 2,924 | 1,202 | 2,040 | 2,904 | 453 | 1,261 | -518 |
Other investing activities, net | |||||||||
-57 | -82 | -233 | -1,141 | 1,091 | -34 | -22 | - | - | - |
Proceeds from note receivable | |||||||||
- | - | - | - | - | - | - | - | - | 1,409 |
Net cash used in investing activities | |||||||||
-21,219 | 18,105 | -9,979 | -9,898 | -79,585 | -18,476 | -41,081 | -6,849 | -15,624 | -9,687 |
CASH FLOWS FROM FINANCING ACTIVITIES: | |||||||||
Proceeds from exercise of stock options | |||||||||
177 | 2,788 | 3,020 | 113 | 394 | 455 | 2,036 | 567 | 3,579 | 1,213 |
Common stock withheld for payroll tax obligations | |||||||||
1,124 | 833 | 635 | 712 | 1,706 | 2,027 | 2,441 | 577 | 843 | 664 |
Proceeds from issuance of long-term debt | |||||||||
- | - | - | - | 115,000 | - | - | - | - | - |
Principal payments on long-term debt | |||||||||
205 | 201 | 197 | 193 | 112 | - | 4,285 | 4,286 | 4,286 | 12,769 |
Payment of debt issuance costs | |||||||||
115 | - | - | - | 620 | - | - | - | - | - |
Excess tax benefits from share-based compensation | |||||||||
- | - | - | - | - | 762 | 2,800 | 387 | 2,487 | 76 |
Repurchase of common shares | |||||||||
- | - | - | 48,335 | 96,883 | 41,059 | - | - | - | - |
Dividends paid | |||||||||
13,375 | 13,006 | 12,490 | 12,244 | 12,772 | 11,726 | 6,105 | 4,894 | 4,342 | 4,051 |
Net cash used in financing activities | |||||||||
-14,642 | -11,252 | -10,302 | -61,371 | 3,301 | -53,595 | -7,995 | -8,803 | -3,405 | -16,195 |
Effect of exchange rate changes on cash and cash equivalents | |||||||||
-1,519 | -1,620 | 1,206 | 297 | -5,758 | 188 | 54 | -1,510 | 723 | -462 |
Net change in cash and cash equivalents | |||||||||
-33,583 | 39,167 | 20,374 | -37,847 | -32,749 | 19,915 | 8,483 | 35,277 | 24,749 | -2,511 |
SUPPLEMENTAL CASH FLOW INFORMATION | |||||||||
Income taxes paid, net of refunds | |||||||||
7,887 | 11,184 | 16,214 | 18,395 | 26,917 | 26,261 | 38,328 | 19,667 | 22,057 | 8,368 |
Interest paid | |||||||||
4,671 | 4,626 | 4,696 | 4,674 | 2,448 | 234 | 369 | 561 | 860 | 1,648 |
NONCASH INVESTING ACTIVITIES: | |||||||||
Note receivable from sale of business | |||||||||
5,589 | - | - | - | - | - | - | - | - | - |