Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations (Tables)

v2.4.0.8
Discontinued Operations (Tables)
 9 Months Ended
May 31, 2013
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]  
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures
The following is a summary of the May 31, 2013 assets and liabilities of discontinued operations (in thousands):

Accounts receivable, net
 
 
$
42,745

Inventories, net
 
 
57,837

Property, plant & equipment, net
 
 
9,193

Goodwill
 
 
76,937

Other intangible assets, net
 
 
56,656

Other assets
 
 
20,690

Assets of discontinued operations
 
 
$
264,058


 
 

Trade accounts payable
 
 
$
19,844

Other current liabilities
 
 
12,167

Deferred income taxes
 
 
8,833

Other long-term liabilities
 
 
11,439

Liabilities of discontinued operations
 
 
$
52,283

Electrical
  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]  
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures
The following table summarizes the results of discontinued operations (in thousands):
 
Three Months Ended
 
Nine Months Ended
 
May 31, 2013
 
May 31, 2012
 
May 31, 2013
 
May 31, 2012
Net Sales
$
74,834

 
$
85,947

 
$
214,175

 
$
245,885

 

 

 

 

Operating income
11,903

 
8,801

 
25,084

 
19,800

Impairment charge
(170,339
)
 
—

 
(170,339
)
 
—

Income tax benefit (expense)
19,376

 
(2,137
)
 
14,588

 
(5,410
)
Income (loss) from discontinued operations, net of taxes
$
(139,060
)
 
$
6,664

 
$
(130,667
)
 
$
14,390