Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
May 31, 2021
May 31, 2020
May 31, 2021
May 31, 2020
Income Statement [Abstract]        
Net Sales $ 143,149 $ 101,879 $ 383,233 $ 381,939
Cost of products sold 76,302 59,932 206,346 209,211
Gross profit 66,847 41,947 176,887 172,728
Selling, General and Administrative Expense 40,468 40,766 130,061 142,842
Amortization of intangible assets 2,061 2,174 6,333 6,167
Restructuring Charges 1,571 2,448 2,430 6,348
Impairment & divestiture (benefits) charges 0 (1,443) 539 (3,567)
Operating profit (loss) 22,747 (1,998) 37,524 20,938
Financing costs, net 1,340 4,552 4,395 15,911
Other expense (income), net 540 (1,213) 1,598 (1,682)
Earnings (loss) before income tax expense 20,867 (5,337) 31,531 6,709
Income tax (benefit) expense (4,390) (407) (2,132) 1,349
Net Earnings from Continuing Operations 25,257 (4,930) 33,663 5,360
Net (Loss) Earnings from Discontinued Operations (226) (69) (852) (6,076)
Net (loss) earnings $ 25,031 $ (4,999) $ 32,811 $ (716)
Earnings (loss) per share        
(Loss) Earnings per share from Continuing Operations, Per Basic Share $ 0.42 $ (0.08) $ 0.56 $ 0.09
(Loss) Earnings per share from Continuing Operations, Per Diluted Share 0.42 (0.08) 0.56 0.09
(Loss) Earnings per share from Discontinued Operations, Per Basic Shares (0.00) (0.00) (0.01) (0.10)
(Loss) Earnings per share from Discontinued Operations, Per Diluted Share (0.00) (0.00) (0.01) (0.10)
(Loss) Earnings Per Share, Basic 0.42 (0.08) 0.55 (0.01)
(Loss) Earnings Per Share, Diluted $ 0.41 $ (0.08) $ 0.54 $ (0.01)
Weighted average common shares outstanding        
Weighted average common shares outstanding - basic 60,144 59,826 59,964 60,012
Weighted Average Common Shares outstanding - diluted 60,574 59,826 60,312 60,358