Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v2.4.0.6
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
May 31, 2012
Aug. 31, 2011
Current assets    
Cash and cash equivalents $ 80,149 $ 44,221
Accounts receivable, net 237,438 223,760
Inventories, net 206,389 223,235
Deferred income taxes 32,206 32,461
Other current assets 19,109 22,807
Total current assets 575,291 546,484
Property, plant and equipment    
Land, buildings and improvements 50,873 51,901
Machinery and equipment 254,083 263,250
Gross property, plant and equipment 304,956 315,151
Less: Accumulated depreciation (188,991) (186,502)
Property, plant and equipment, net 115,965 128,649
Goodwill 873,682 888,466
Other intangibles, net 454,360 479,406
Other long-term assets 14,811 13,676
Total assets 2,034,109 2,056,681
Current liabilities    
Trade accounts payable 167,632 170,084
Accrued compensation and benefits 53,008 71,639
Short-term borrowings and current maturities of debt 6,250 2,690
Income taxes payable 30,289 19,342
Other current liabilities 68,583 66,548
Total current liabilities 325,762 330,303
Long-term debt 392,500 522,727
Deferred income taxes 133,619 165,945
Pension and postretirement benefit liabilities 18,171 18,864
Other long-term liabilities 86,772 99,829
Shareholders' equity    
Class A common stock, $0.20 par value per share, authorized 168,000,000, issued 75,274,829 and 68,657,234 shares, respectively 15,054 13,731
Additional paid-in capital 382 (154,231)
Treasury stock, at cost, 1,732,245 shares (39,282)  
Retained earnings 1,180,942 1,077,192
Accumulated other comprehensive loss (79,811) (17,679)
Stock held in trust (2,661) (2,137)
Deferred compensation liability 2,661 2,137
Total shareholders' equity 1,077,285 919,013
Total liabilities and shareholders' equity $ 2,034,109 $ 2,056,681