Annual report pursuant to Section 13 and 15(d)

Consolidated Statements Of Earnings

v2.3.0.15
Consolidated Statements Of Earnings (USD $)
In Thousands, except Per Share data
12 Months Ended
Aug. 31, 2011
Aug. 31, 2010
Aug. 31, 2009
Consolidated Statements Of Earnings [Abstract]      
Net sales $ 1,445,323 $ 1,160,508 $ 1,117,625
Cost of products sold 889,424 733,256 729,398
Gross profit 555,899 427,252 388,227
Selling, administrative and engineering expenses 332,639 267,866 250,004
Restructuring charges 2,223 15,597 19,530
Impairment charges     31,321
Amortization of intangible assets 27,467 22,017 19,644
Operating profit 193,570 121,772 67,728
Financing costs, net 32,119 31,859 41,849
Other expense (income), net 2,244 711 (714)
Earnings from continuing operations before income tax 159,207 89,202 26,593
Income tax expense 34,711 18,846 611
Earnings from continuing operations 124,496 70,356 25,982
Loss from discontinued operations, net of income taxes (12,937) (46,325) (12,259)
Net earnings $ 111,559 $ 24,031 $ 13,723
Earnings from continuing operations per share:      
Basic $ 1.82 $ 1.04 $ 0.45
Diluted $ 1.68 $ 0.97 $ 0.43
Earnings per share:      
Basic $ 1.63 $ 0.36 $ 0.24
Diluted $ 1.50 $ 0.35 $ 0.24
Weighted average common shares outstanding:      
Basic 68,254 67,624 58,047
Diluted 75,305 74,209 66,064