Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Nov. 30, 2013
Aug. 31, 2013
Current assets    
Cash and cash equivalents $ 109,542 $ 103,986
Accounts receivable, net 221,528 219,075
Inventories, net 155,129 142,549
Deferred income taxes 18,585 18,796
Other current assets 32,636 28,228
Assets of discontinued operations 270,106 272,606
Total current assets 807,526 785,240
Property, plant and equipment    
Land, buildings and improvements 53,200 52,669
Machinery and equipment 319,345 305,200
Gross property, plant and equipment 372,545 357,869
Less: Accumulated depreciation (167,217) (156,373)
Property, plant and equipment, net 205,328 201,496
Goodwill 745,476 734,952
Other intangibles, net 375,307 376,692
Other long-term assets 30,228 20,952
Total assets 2,163,865 2,119,332
Current liabilities    
Trade accounts payable 159,275 154,049
Accrued compensation and benefits 41,413 43,800
Current maturities of long-term debt 1,125 0
Income taxes payable 10,464 14,014
Other current liabilities 60,964 56,899
Liabilities of discontinued operations 53,233 53,080
Total current liabilities 326,474 321,842
Long-term debt, less current maturities 501,875 515,000
Deferred income taxes 118,277 115,865
Pension and postretirement benefit liabilities 19,167 20,698
Other long-term liabilities 66,373 65,660
Shareholders’ equity    
Class A common stock, $0.20 par value per share, authorized 168,000,000 shares, issued 77,380,943 and 77,001,144 shares, respectively 15,475 15,399
Additional paid-in capital 63,423 49,758
Treasury stock, at cost, 4,383,513 and 3,983,513 shares, respectively (120,267) (104,915)
Retained earnings 1,224,725 1,188,685
Accumulated other comprehensive loss (51,657) (68,660)
Stock held in trust (3,199) (3,124)
Deferred compensation liability 3,199 3,124
Total shareholders’ equity 1,131,699 1,080,267
Total liabilities and shareholders’ equity $ 2,163,865 $ 2,119,332