Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v3.10.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Aug. 31, 2018
Aug. 31, 2017
Current assets    
Cash and cash equivalents $ 250,490 $ 229,571
Accounts receivable, net 187,749 190,206
Inventories, net 156,356 143,651
Assets held-for-sale 23,573 21,835
Other current assets 42,732 61,663
Total current assets 660,900 646,926
Property, plant and equipment    
Land, buildings and improvements 47,468 43,737
Machinery and equipment 229,445 227,535
Gross property, plant and equipment 276,913 271,272
Less: Accumulated depreciation (186,693) (176,751)
Property, plant and equipment, net 90,220 94,521
Goodwill 512,412 530,081
Other intangible assets, net 181,037 220,489
Other long-term assets 36,769 24,938
Total assets 1,481,338 1,516,955
Current liabilities    
Trade accounts payable 130,838 133,387
Accrued compensation and benefits 54,508 50,939
Current maturities of debt 30,000 30,000
Income taxes payable 4,091 6,080
Liabilities held for sale 44,225 101,083
Other current liabilities 67,299 57,445
Total current liabilities 330,961 378,934
Long-term Debt, net 502,695 531,940
Deferred income taxes 21,933 29,859
Pension and postretirement benefit liabilities 14,869 19,862
Other long-term liabilities 52,168 55,821
Total liabilities 922,626 1,016,416
Shareholders’ equity    
Class A common stock, $0.20 par value per share, authorized 168,000,000 shares, issued 81,423,584 and 80,200,110 shares, respectively 16,285 16,040
Additional paid-in capital 167,448 138,449
Treasury stock, at cost, 20,439,434 shares (617,731) (617,731)
Retained earnings 1,166,955 1,191,042
Accumulated other comprehensive loss (174,245) (227,261)
Stock held in trust (2,450) (2,696)
Deferred compensation liability 2,450 2,696
Total shareholders’ equity 558,712 500,539
Total liabilities and shareholders’ equity $ 1,481,338 $ 1,516,955