Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations and Divestiture Activities (Tables)

v2.4.0.8
Discontinued Operations and Divestiture Activities (Tables) (Electrical)
 9 Months Ended
May 31, 2014
Electrical
  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations and Divestiture Activities[Line Items]  
Schedule of Disposal Groups, Including Discontinued Operations and Divestiture Activities, Income Statement, Balance Sheet and Additional Disclosures
The following table summarizes the results of discontinued operations (in thousands):
 
Three Months Ended May 31,
 
Nine Months Ended May 31,
 
2014
 
2013
 
2014
 
2013
Net sales
$
—

 
$
74,834

 
$
72,139

 
$
214,175

 

 
 
 

 

Operating income (loss) (1)
—

 
11,903

 
(4,873
)
 
25,084

Impairment charge
—

 
(170,339
)
 
—

 
(170,339
)
Gain on disposal
—

 
—

 
34,459

 
—

Income tax expense (benefit)
—

 
19,376

 
(7,466
)
 
14,588

Income from discontinued operations, net of income taxes
$
—

 
$
(139,060
)
 
$
22,120

 
$
(130,667
)


(1) The operating loss for the nine months ended May 31, 2014 includes the operating results of the business through the sale date of December 13, 2013, certain divestiture costs and a non-cash charge for the accelerated vesting of equity compensation.