Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidating Statements of Earnings and Comprehensive Income (Details)

v3.2.0.727
Condensed Consolidating Statements of Earnings and Comprehensive Income (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
May. 31, 2015
Feb. 28, 2015
May. 31, 2014
May. 31, 2015
May. 31, 2014
Condensed Financial Statements, Captions [Line Items]          
Net sales $ 320,100   $ 378,187 $ 948,870 $ 1,045,513
Cost of products sold 201,540   229,637 593,573 640,737
Gross profit 118,560   148,550 355,297 404,776
Selling, administrative and engineering expenses 69,569   83,498 227,809 244,655
Amortization of intangible assets 5,989   6,272 18,362 18,713
Impairment charge 0 $ 84,353 0 84,353 0
Operating profit 43,002   58,780 24,773 141,408
Financing costs, net 7,462   5,932 20,683 18,944
Intercompany expense (income), net 0   0 0 0
Intercompany dividend income       0  
Other (income) expense, net 569   620 (489) 3,087
Earnings from continuing operations before income taxes 34,971   52,228 4,579 119,377
Income tax expense (benefit) (2,987)   1,671 6,785 13,511
Net earnings before equity in earnings (loss) of subsidiaries 37,958   50,557 (2,206) 105,866
Equity in earnings (loss) of subsidiaries 0   0 0 0
Earnings (loss) from continuing operations 37,958   50,557 (2,206) 105,866
Earnings from discontinued operations, net of income taxes 0   0 0 22,120
Net earnings (loss) 37,958   50,557 (2,206) 127,986
Comprehensive (loss) income 27,259   50,729 (132,616) 149,558
Parent          
Condensed Financial Statements, Captions [Line Items]          
Net sales 40,011   54,219 119,612 142,905
Cost of products sold 11,749   14,841 33,792 38,905
Gross profit 28,262   39,378 85,820 104,000
Selling, administrative and engineering expenses 16,560   21,554 52,062 57,811
Amortization of intangible assets 318   318 954 954
Impairment charge       0  
Operating profit 11,384   17,506 32,804 45,235
Financing costs, net 7,769   6,122 21,583 19,400
Intercompany expense (income), net (3,559)   (5,620) (14,389) (22,770)
Intercompany dividend income       (212)  
Other (income) expense, net 123   1,597 342 12,683
Earnings from continuing operations before income taxes 7,051   15,407 25,480 35,922
Income tax expense (benefit) (11,957)   (9,755) (8,133) (3,862)
Net earnings before equity in earnings (loss) of subsidiaries 19,008   25,162 33,613 39,784
Equity in earnings (loss) of subsidiaries 18,950   25,395 (35,819) 109,714
Earnings (loss) from continuing operations         149,498
Earnings from discontinued operations, net of income taxes         (21,512)
Net earnings (loss) 37,958   50,557 (2,206) 127,986
Comprehensive (loss) income 27,259   50,729 (132,616) 149,558
Guarantors          
Condensed Financial Statements, Captions [Line Items]          
Net sales 58,896   84,870 207,162 239,709
Cost of products sold 40,360   58,152 145,800 165,416
Gross profit 18,536   26,718 61,362 74,293
Selling, administrative and engineering expenses 11,228   16,128 45,062 45,833
Amortization of intangible assets 2,394   2,575 7,964 7,726
Impairment charge       20,249  
Operating profit 4,914   8,015 (11,913) 20,734
Financing costs, net 0   0 0 3
Intercompany expense (income), net (1,187)   560 896 5,555
Intercompany dividend income       (243)  
Other (income) expense, net 27   23 (133) (395)
Earnings from continuing operations before income taxes 6,074   7,432 (12,433) 15,571
Income tax expense (benefit) 914   2,306 1,413 4,580
Net earnings before equity in earnings (loss) of subsidiaries 5,160   5,126 (13,846) 10,991
Equity in earnings (loss) of subsidiaries 12,757   20,151 (1,673) 9,488
Earnings (loss) from continuing operations         20,479
Earnings from discontinued operations, net of income taxes         56,494
Net earnings (loss) 17,917   25,277 (15,519) 76,973
Comprehensive (loss) income 13,244   25,621 (58,603) 99,361
Non-Guarantors          
Condensed Financial Statements, Captions [Line Items]          
Net sales 221,193   239,098 622,096 662,899
Cost of products sold 149,431   156,644 413,981 436,416
Gross profit 71,762   82,454 208,115 226,483
Selling, administrative and engineering expenses 41,781   45,816 130,685 141,011
Amortization of intangible assets 3,277   3,379 9,444 10,033
Impairment charge       64,104  
Operating profit 26,704   33,259 3,882 75,439
Financing costs, net (307)   (190) (900) (459)
Intercompany expense (income), net 4,746   5,060 13,493 17,215
Intercompany dividend income       (31)  
Other (income) expense, net 419   (1,000) (698) (9,201)
Earnings from continuing operations before income taxes 21,846   29,389 (7,982) 67,884
Income tax expense (benefit) 8,056   9,120 13,589 12,793
Net earnings before equity in earnings (loss) of subsidiaries 13,790   20,269 (21,571) 55,091
Equity in earnings (loss) of subsidiaries (340)   683 177 4,750
Earnings (loss) from continuing operations         59,841
Earnings from discontinued operations, net of income taxes         (12,862)
Net earnings (loss) 13,450   20,952 (21,394) 46,979
Comprehensive (loss) income 7,930   20,970 (80,728) 42,837
Eliminations          
Condensed Financial Statements, Captions [Line Items]          
Net sales 0   0 0 0
Cost of products sold 0   0 0 0
Gross profit 0   0 0 0
Selling, administrative and engineering expenses 0   0 0 0
Amortization of intangible assets 0   0 0 0
Impairment charge       0  
Operating profit 0   0 0 0
Financing costs, net 0   0 0 0
Intercompany expense (income), net 0   0 0 0
Intercompany dividend income       486  
Other (income) expense, net 0   0 0 0
Earnings from continuing operations before income taxes 0   0 (486) 0
Income tax expense (benefit) 0   0 (84) 0
Net earnings before equity in earnings (loss) of subsidiaries 0   0 (402) 0
Equity in earnings (loss) of subsidiaries (31,367)   (46,229) 37,315 (123,952)
Earnings (loss) from continuing operations         (123,952)
Earnings from discontinued operations, net of income taxes         0
Net earnings (loss) (31,367)   (46,229) 36,913 (123,952)
Comprehensive (loss) income $ (21,174)   $ (46,591) $ 139,331 $ (142,198)