Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Aug. 31, 2012
Aug. 31, 2011
Current assets    
Cash and cash equivalents $ 68,184 $ 44,221
Accounts receivable, net 234,756 223,760
Inventories, net 211,690 223,235
Deferred income taxes 22,583 34,830
Prepaid expenses and other current assets 24,068 22,807
Total current assets 561,281 548,853
Property, plant and equipment    
Land, buildings, and improvements 49,866 51,901
Machinery and equipment 242,718 263,250
Gross property, plant and equipment 292,584 315,151
Less: Accumulated depreciation (176,700) (186,502)
Property, plant and equipment, net 115,884 128,649
Goodwill 866,412 888,466
Other intangibles, net 445,884 479,406
Other long-term assets 17,658 17,843
Total assets 2,007,119 2,063,217
Current liabilities    
Trade accounts payable 174,746 170,084
Accrued compensation and benefits 58,817 71,639
Short-term borrowings and current maturities of debt 7,500 2,690
Income taxes payable 5,778 19,342
Other current liabilities 72,165 66,770
Total current liabilities 319,006 330,525
Long-term debt 390,000 522,727
Deferred income taxes 132,653 172,259
Pension and postretirement benefit liabilities 26,442 18,864
Other long-term liabilities 87,182 99,829
Shareholders' equity    
Additional paid-in capital 7,725 (154,231)
Treasury stock, at cost, 2,658,751 shares (63,083)  
Retained earnings 1,161,564 1,077,192
Accumulated other comprehensive loss (69,472) (17,679)
Stock held in trust (2,689) (2,137)
Deferred compensation liability 2,689 2,137
Total shareholders' equity 1,051,836 919,013
Total liabilities and shareholders' equity 2,007,119 2,063,217
Common Class A
   
Shareholders' equity    
Class A common stock, $0.20 par value per share, authorized 168,000,000 shares, issued 75,519,079 and 68,657,234 shares, respectively $ 15,102 $ 13,731