Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.7.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
May 31, 2017
Aug. 31, 2016
Current assets    
Cash and cash equivalents $ 198,954 $ 179,604
Accounts receivable, net 207,764 186,829
Inventories, net 130,255 130,756
Other current assets 68,478 45,463
Total current assets 605,451 542,652
Property, plant and equipment    
Land, buildings and improvements 42,676 41,504
Machinery and equipment 282,264 268,362
Gross property, plant and equipment 324,940 309,866
Less: Accumulated depreciation (207,563) (195,851)
Property, plant and equipment, net 117,377 114,015
Goodwill 519,793 519,276
Other intangibles, net 223,286 239,475
Other long-term assets 22,132 23,242
Total assets 1,488,039 1,438,660
Current liabilities    
Trade accounts payable 127,636 115,051
Accrued compensation and benefits 50,361 46,901
Current maturities of debt and short-term borrowings 30,000 18,750
Income taxes payable 8,785 9,254
Other current liabilities 51,924 51,956
Total current liabilities 268,706 241,912
Long-term debt, less current maturities 539,252 561,681
Deferred income taxes 32,315 31,356
Pension and postretirement benefit liabilities 24,462 25,667
Other long-term liabilities 51,744 57,094
Total liabilities 916,479 917,710
Shareholders’ equity    
Class A common stock, $0.20 par value per share, authorized 168,000,000 shares, issued 80,131,931 and 79,393,393 shares, respectively 16,026 15,879
Additional paid-in capital 135,579 114,980
Treasury stock, at cost, 20,439,434 shares (617,731) (617,731)
Retained earnings 1,292,196 1,259,645
Accumulated other comprehensive loss (254,510) (251,823)
Stock held in trust (2,134) (2,646)
Deferred compensation liability 2,134 2,646
Total shareholders’ equity 571,560 520,950
Total liabilities and shareholders’ equity $ 1,488,039 $ 1,438,660