Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.8.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Feb. 28, 2018
Aug. 31, 2017
Current assets    
Cash and cash equivalents $ 153,595 $ 229,571
Accounts receivable, net 210,650 190,206
Inventories, net 166,227 143,651
Assets held for sale 0 21,835
Other current assets 60,569 61,663
Total current assets 591,041 646,926
Property, plant and equipment    
Land, buildings and improvements 48,457 43,737
Machinery and equipment 241,393 227,535
Gross property, plant and equipment 289,850 271,272
Less: Accumulated depreciation (187,439) (176,751)
Property, plant and equipment, net 102,411 94,521
Goodwill 546,135 530,081
Other intangibles, net 216,370 220,489
Other long-term assets 24,348 24,938
Total assets 1,480,305 1,516,955
Current liabilities    
Trade accounts payable 136,941 133,387
Accrued compensation and benefits 41,518 50,939
Current maturities of debt and short-term borrowings 30,000 30,000
Income taxes payable 7,687 6,080
Liabilities held for sale 0 101,083
Other current liabilities 58,368 57,445
Total current liabilities 274,514 378,934
Long-term debt 517,318 531,940
Deferred income taxes 23,262 29,859
Pension and postretirement benefit liabilities 19,338 19,862
Other long-term liabilities 56,592 55,821
Total liabilities 891,024 1,016,416
Shareholders’ equity    
Class A common stock, $0.20 par value per share, authorized 168,000,000 shares, issued 81,087,904 and 80,200,110 shares, respectively 16,218 16,040
Additional paid-in capital 155,974 138,449
Treasury stock, at cost, 20,439,434 shares (617,731) (617,731)
Retained earnings 1,178,047 1,191,042
Accumulated other comprehensive loss (143,227) (227,261)
Stock held in trust (2,848) (2,696)
Deferred compensation liability 2,848 2,696
Total shareholders’ equity 589,281 500,539
Total liabilities and shareholders’ equity $ 1,480,305 $ 1,516,955