Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
May 31, 2018
May 31, 2017
May 31, 2018
May 31, 2017
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Net sales $ 317,096 $ 295,427 $ 881,216 $ 820,089
Cost of products sold 200,587 192,623 574,100 536,892
Gross profit 116,509 102,804 307,116 283,197
Selling, administrative and engineering expenses 77,570 70,051 220,550 205,609
Amortization of intangible assets 5,184 5,037 15,483 15,368
Director & officer transition charges 0 0 0 7,784
Restructuring charges 1,170 384 11,249 5,433
Impairment & divestiture charges   0 2,987 0
Operating profit 32,585 27,332 56,847 49,003
Financing costs, net 7,756 7,553 22,874 22,019
Other (income) expense, net (188) 1,297 508 1,260
Earnings before income tax (benefit) expense 25,017 18,482 33,465 25,724
Income tax (benefit) expense (3,995) (4,029) 17,448 (6,827)
Net earnings $ 29,012 $ 22,511 $ 16,017 $ 32,551
Earnings per share        
Basic $ 0.48 $ 0.38 $ 0.27 $ 0.55
Diluted $ 0.48 $ 0.37 $ 0.26 $ 0.54
Weighted average common shares outstanding        
Basic 60,683 59,675 60,291 59,339
Diluted 61,064 60,402 60,850 60,055
Viking [Domain]        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Impairment & divestiture charges $ 0   $ 2,987