Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
May 31, 2012
May 31, 2011
Operating Activities    
Net earnings $ 103,750 $ 70,177
Adjustments to reconcile net earnings to cash provided by operating activities:    
Depreciation and amortization 40,192 38,143
Net loss on disposal of business   15,744
Stock-based compensation expense 10,002 8,093
Benefit for deferred income taxes (2,137) (2,298)
Amortization of debt discount and debt issuance costs 1,492 2,409
Non-cash debt refinancing charge 2,254  
Other non-cash adjustments (138) (18)
Changes in components of working capital and other:    
Accounts receivable (21,692) (27,752)
Inventories 9,171 (39,533)
Prepaid expenses and other assets 1,071 5,989
Trade accounts payable 2,779 18,400
Income taxes payable (2,056) 6,904
Accrued compensation and benefits (8,766) 646
Other liabilities (6,608) (1,806)
Net cash provided by operating activities 129,314 95,098
Investing Activities    
Proceeds from sale of property, plant and equipment 8,486 359
Proceeds from sale of business, net of transaction costs   3,463
Capital expenditures (17,491) (14,843)
Business acquisitions, net of cash acquired (29,734) (160,047)
Net cash used in investing activities (38,739) (171,068)
Financing Activities    
Net (repayments) borrowings on revolving credit facilities (58,167) 14
Issuance of term loan   100,000
Principal repayments on term loan (1,250)  
Repurchases of 2% Convertible Notes (102) (34)
Proceeds from 5.625% Senior Note issuance 300,000  
Redemption of 6.875% Senior Notes (250,000)  
Debt issuance costs (5,340) (5,197)
Purchase of treasury shares (39,282)  
Stock option exercises and related tax benefits 6,392 7,285
Cash dividend (2,748) (2,716)
Net cash provided by (used in) financing activities (50,497) 99,352
Effect of exchange rate changes on cash (4,150) 4,695
Net increase in cash and cash equivalents 35,928 28,077
Cash and cash equivalents-beginning of period 44,221 40,222
Cash and cash equivalents-end of period $ 80,149 $ 68,299