Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

v3.6.0.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Nov. 30, 2016
Nov. 30, 2015
Income Statement [Abstract]    
Net sales $ 265,793 $ 305,011
Cost of products sold 172,726 196,449
Gross profit 93,067 108,562
Selling, administrative and engineering expenses 68,602 72,911
Amortization of intangible assets 5,262 5,900
Director & officer transition charges 7,784 0
Restructuring Charges 2,948 4,380
Operating profit 8,471 25,371
Financing costs, net 7,132 7,117
Other (income) expense, net (628) 619
Earnings before income taxes 1,967 17,635
Income tax (benefit) expense (2,998) 2,187
Net earnings $ 4,965 $ 15,448
Earnings per share:    
Basic $ 0.08 $ 0.26
Diluted $ 0.08 $ 0.26
Weighted average common shares outstanding:    
Basic 58,972 59,187
Diluted 59,616 59,713