Quarterly report pursuant to Section 13 or 15(d)

Divestiture Activities Assets and Liabilities Held for Sale (Tables)

v3.19.2
Divestiture Activities Assets and Liabilities Held for Sale (Tables)
9 Months Ended
May 31, 2019
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Assets and Liabilities Held for Sale [Table Text Block]
The following is a summary of the assets and liabilities held for sale for the Cortland Fibron business (in thousands):
    
 
 
August 31, 2018
Accounts receivable, net
 
$
2,924

Inventories, net
 
2,597

Other current assets
 
3,267

Property, plant & equipment, net
 
2,186

Goodwill and other intangible assets, net
 
12,464

Other long-term assets
 
135

Assets held for sale
 
$
23,573

 
 
 
Trade accounts payable
 
$
3,915

Accrued compensation and benefits
 
1,414

Reserve for cumulative translation adjustment
 
35,346

Other current liabilities
 
1,269

Deferred income taxes
 
2,281

Other long-term liabilities
 

Liabilities held for sale
 
$
44,225