Annual report pursuant to Section 13 and 15(d)

Discontinued Operations and Divestitures (Tables)

v3.3.0.814
Discontinued Operations and Divestitures (Tables)
12 Months Ended
Aug. 31, 2015
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures
The following table summarizes the results of the Electrical segment, which is reported as a discontinued operation, for the years ended August 31, 2014 and 2013 (in thousands):
 
 
 
2014
 
2013
Net sales
$
72,139

 
$
286,308

 
 
 
 
Operating profit (loss) 
(4,873
)
 
34,536

Impairment charge

 
(159,104
)
Gain on disposal
34,459

 

Income tax benefit (expense)
(7,466
)
 
7,039

Income (loss) from discontinued operations, net of taxes
$
22,120

 
$
(117,529
)