content_image/11564.jpg content_image/11566.jpg content_image/11563.jpg content_image/11565.jpg content_image/11567.jpg
remaining severance costs. Accordingly, the Company reduced the severance accrual during the fourth quarter of fiscal 2000 by $4.5 million to reflect the estimated remaining liability. 

During fiscal 2000, the Company entered into a sublease agreement for the majority of its leased office space in Provo, Utah. In connection with this sublease agreement, the Company reduced its leased office space exit accrual by $0.4 million due to less-than-expected building transi- tion costs. The Company will continue to monitor and adjust its remaining restructuring reserves as necessary. 

## 3. INVENTORIES 

Inventories were comprised of the following (in thousands): 

AUGUST 31, 

<img src='content_image/11564.jpg'>

## 4. PROPERTY AND EQUIPMENT 

Property and equipment were comprised of the following (in thousands): 

AUGUST 31, 

<img src='content_image/11566.jpg'>

Certain land and buildings represent collateral for debt obligations (Note 6). 

## 5. GOODWILL AND OTHER INTANGIBLE ASSETS 

Goodwill and other intangible assets consist of the following (in thousands): 

AUGUST 31, 

<img src='content_image/11563.jpg'>

Goodwill, representing the excess of cost over the net tangible and identifiable intangible assets of acquired businesses, and other intangible assets are amortized on a straight-line basis over the following estimated useful lives: 

<img src='content_image/11565.jpg'>

## 6. DEBT 

## Lines of Credit 

At August 31, 2000, the Company had unsecured bank lines of credit available for working capital needs total- ing $103.0 million, of which $30.1 million was available. The amounts outstanding under the Company’s lines of credit consisted of the following at August 31, 2000 (in thousands): 

<img src='content_image/11567.jpg'>

