Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

v3.22.2.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Aug. 31, 2022
Aug. 31, 2021
Aug. 31, 2020
Net sales $ 571,223 $ 528,660 $ 493,292
Cost of products sold 305,835 285,504 276,099
Gross profit 265,388 243,156 217,193
Selling, General and Administrative Expense 216,874 175,277 180,513
Amortization of intangible assets 7,306 8,176 8,323
Restructuring charges 8,135 2,392 7,335
Impairment and divestiture (benefit) charges 2,413 6,198 (3,159)
Operating profit (loss) 30,660 51,113 24,181
Financing costs, net 4,386 5,266 19,218
Other expense, net 2,282 (1,872) 2,886
Income tax expense 4,401 3,763 2,292
Net Earnings (Loss) from Continuing Operations 19,591 40,212 5,557
Net (Loss) Earnings from Discontinued Operations (3,905) 2,135 4,834
Net earnings (loss) $ 15,686 $ 38,077 $ 723
Income (Loss) from Continuing Operations, Per Basic Share $ 0.33 $ 0.67 $ 0.09
Income (Loss) from Continuing Operations, Per Diluted Share 0.33 0.67 0.09
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share (0.07) (0.04) (0.08)
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share (0.07) (0.04) (0.08)
Loss per share - Basic (in dollars per share) 0.26 0.63 0.01
Loss per share - Diluted (in dollars per share) $ 0.26 $ 0.63 $ 0.01
Basic (in shares) 59,538 60,024 59,952
Diluted (in shares) 59,909 60,403 60,269
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $ 23,992 $ 43,975 $ 7,849
Earnings per share:      
Income (Loss) from Continuing Operations, Per Basic Share $ 0.33 $ 0.67 $ 0.09
Income (Loss) from Continuing Operations, Per Diluted Share 0.33 0.67 0.09
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share (0.07) (0.04) (0.08)
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share (0.07) (0.04) (0.08)
Loss per share - Basic (in dollars per share) 0.26 0.63 0.01
Loss per share - Diluted (in dollars per share) $ 0.26 $ 0.63 $ 0.01
Weighted average common shares outstanding:      
Basic (in shares) 59,538 60,024 59,952
Diluted (in shares) 59,909 60,403 60,269
Service & Rental [Member]      
Net sales $ 117,097 $ 116,772 $ 113,393
Cost of products sold 73,338 69,062 71,575
Product      
Cost of products sold 232,497 216,442 204,524
Products [Member]      
Net sales $ 454,126 $ 411,888 $ 379,899