Quarterly report pursuant to Section 13 or 15(d)

Divestiture Activities Divestiture Activities (Notes)

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Divestiture Activities Divestiture Activities (Notes)
 9 Months Ended
May 31, 2017
Divestiture Activities [Abstract]  
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]
Note 5. Divestiture Activities
On August 25, 2016, the Company completed the divestiture of its Sanlo business (Engineered Solutions segment) for $9.7 million in cash, net of transaction costs. This divestiture resulted in a $5.1 million pre-tax loss, but a $1.6 million gain net of tax, in the fourth quarter of fiscal 2016. The results of the Sanlo business (which had net sales of $2.7 million and $8.2 million for the three and nine months ended May 31, 2016, respectively) are not material to the consolidated financial results and are included in the results from continuing operations in fiscal 2016.