CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands |
6 Months Ended | 12 Months Ended | ||
|---|---|---|---|---|
Feb. 29, 2016 |
Aug. 31, 2017 |
Aug. 31, 2016 |
Aug. 31, 2015 |
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| Income Statement [Abstract] | ||||
| Net sales | $ 1,095,784 | $ 1,149,410 | $ 1,249,254 | |
| Cost of products sold | 716,067 | 746,013 | 787,413 | |
| Gross profit | 379,717 | 403,397 | 461,841 | |
| Selling, administrative and engineering expenses | 277,488 | 274,497 | 299,601 | |
| Amortization of intangible assets | 20,474 | 22,943 | 24,333 | |
| Loss on product line divestiture | 0 | 5,092 | 0 | |
| Director & officer transition charges | 7,784 | 0 | 0 | |
| Restructuring charges | 7,228 | 14,571 | 0 | |
| Impairment and other divestiture charges | 116,979 | |||
| Impairment charge | $ 186,511 | 186,511 | 84,353 | |
| Operating profit (loss) | (50,236) | (100,217) | 53,554 | |
| Financing costs, net | 29,703 | 28,768 | 28,057 | |
| Other expense, net | 2,752 | 1,359 | 106 | |
| (Loss) earnings from continuing operations before income tax expense | (82,691) | (130,344) | 25,391 | |
| Income tax expense | (16,478) | (25,170) | 5,519 | |
| Net earnings | $ (66,213) | $ (105,174) | $ 19,872 | |
| Earnings per share: | ||||
| Basic (in dollars per share) | $ (1.11) | $ (1.78) | $ 0.32 | |
| Diluted (in dollars per share) | $ (1.11) | $ (1.78) | $ 0.32 | |
| Weighted average common shares outstanding: | ||||
| Basic (in shares) | 59,436 | 59,010 | 61,262 | |
| Diluted (in shares) | 59,436 | 59,010 | 62,055 | |
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- Definition Director & officer transition charges including compensation expense for accelerated equity vesting, severance, outplacement, legal, signing bonus and relocation costs. No definition available.
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- Definition Impairment and other divestiture charges - relates to the additional charges related to sale of Viking (not specifically impairment of assets) - charges include impairment charges, foreign exchange, operating lease buyout of rental assets, other divestiture charges. No definition available.
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- Definition Selling, administrative and engineering expenses No definition available.
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- Definition Weighted average common shares outstanding: [Abstract] No definition available.
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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total costs related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount before tax of gain (loss) recognized on the sale or disposal of a disposal group. Excludes discontinued operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition This element represents interest incurred for borrowed money which was used to produce goods or render services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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