v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
May 31, 2020
May 31, 2019
May 31, 2020
May 31, 2019
Income Statement [Abstract]        
Net Sales $ 101,879 $ 178,095 $ 381,939 $ 496,435
Cost of products sold 59,932 96,141 209,211 272,853
Gross profit 41,947 81,954 172,728 223,582
Selling, administrative and engineering expenses 40,766 52,810 142,842 159,364
Amortization of intangible assets 2,174 2,838 6,167 6,989
Restructuring Charges 2,448 1,115 6,348 1,132
Impairment & divestiture (benefits) charges (1,443) (12,988) (3,567) 14,031
Operating (loss) profit (1,998) 38,179 20,938 42,066
Financing costs, net 4,552 7,146 15,911 21,601
Other (income) expense, net (1,213) (787) (1,682) 234
(Loss) earnings before income tax (benefit) expense (5,337) 31,820 6,709 20,231
Income tax (benefit) expense (407) 4,962 1,349 9,030
Net (Loss) Earnings from Continuing Operations (4,930) 26,858 5,360 11,201
Net (Loss) Earnings from Discontinued Operations (69) 5,560 (6,076) 6,518
Net (loss) earnings $ (4,999) $ 32,418 $ (716) $ 17,719
Earnings (loss) per share        
(Loss) Earnings per share from Continuing Operations, Per Basic Share $ (0.08) $ 0.44 $ 0.09 $ 0.18
(Loss) Earnings per share from Continuing Operations, Per Diluted Share (0.08) 0.43 0.09 0.18
(Loss) Earnings per share from Discontinued Operations, Per Basic Shares 0 0.09 (0.10) 0.11
(Loss) Earnings per share from Discontinued Operations, Per Diluted Share 0 0.09 (0.10) 0.11
(Loss) Earnings Per Share, Basic (0.08) 0.53 (0.01) 0.29
(Loss) Earnings Per Share, Diluted $ (0.08) $ 0.52 $ (0.01) $ 0.29
Weighted average common shares outstanding        
Weighted average common shares outstanding - basic 59,826 61,422 60,012 61,232
Weighted Average Common Shares outstanding - diluted 59,826 61,840 60,358 61,701

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