CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
May 31, 2019 |
May 31, 2018 |
May 31, 2019 |
May 31, 2018 |
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| Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | ||||
| Net Sales | $ 295,266 | $ 317,096 | $ 859,704 | $ 881,216 |
| Cost of products sold | 183,365 | 200,587 | 545,309 | 574,100 |
| Gross profit | 111,901 | 116,509 | 314,395 | 307,116 |
| Selling, administrative and engineering expenses | 69,612 | 77,463 | 213,548 | 220,228 |
| Amortization of intangible assets | 4,411 | 5,184 | 12,131 | 15,483 |
| Restructuring Charges | 1,115 | 1,170 | 1,578 | 11,249 |
| Impairment & divestiture charges | (10,597) | 0 | 32,741 | 2,987 |
| Operating profit | 47,360 | 32,692 | 54,397 | 57,169 |
| Financing costs, net | 7,255 | 7,756 | 21,703 | 22,874 |
| Other expense (income), net | 378 | (81) | 1,946 | 830 |
| Earnings before income tax expense (benefit) | 39,727 | 25,017 | 30,748 | 33,465 |
| Income tax expense (benefit) | 7,309 | (3,995) | 13,029 | 17,448 |
| Net earnings | $ 32,418 | $ 29,012 | $ 17,719 | $ 16,017 |
| Earnings per share | ||||
| Basic | $ 0.53 | $ 0.48 | $ 0.29 | $ 0.27 |
| Diluted | $ 0.52 | $ 0.48 | $ 0.29 | $ 0.26 |
| Weighted average common shares outstanding | ||||
| Basic | 61,422 | 60,683 | 61,232 | 60,291 |
| Diluted | 61,840 | 61,064 | 61,701 | 60,850 |
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- Definition Impairment & divestiture charges related to the disposition of business 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://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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/disclosureRef
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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/exampleRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. 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/disclosureRef
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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/disclosureRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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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://fasb.org/us-gaap/role/ref/legacyRef
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