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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified |
6 Months Ended | |
|---|---|---|
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Feb. 28, 2015
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Feb. 28, 2014
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| Operating Activities | ||
| Net earnings (loss) | $ (40,164)us-gaap_NetIncomeLoss | $ 77,429us-gaap_NetIncomeLoss |
| Adjustments to reconcile net earnings (loss) to cash (used in) provided by operating activities: | ||
| Impairment charge | 84,353us-gaap_AssetImpairmentCharges | 0us-gaap_AssetImpairmentCharges |
| Net gain on disposal of business | 0us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax | (26,339)us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax |
| Depreciation and amortization | 26,940us-gaap_DepreciationDepletionAndAmortization | 31,965us-gaap_DepreciationDepletionAndAmortization |
| Benefit for deferred income taxes | (1,893)us-gaap_DeferredIncomeTaxExpenseBenefit | (11,064)us-gaap_DeferredIncomeTaxExpenseBenefit |
| Stock-based compensation expense | 5,873us-gaap_ShareBasedCompensation | 10,612us-gaap_ShareBasedCompensation |
| Amortization of debt discount and debt issuance costs | 846us-gaap_AmortizationOfFinancingCostsAndDiscounts | 983us-gaap_AmortizationOfFinancingCostsAndDiscounts |
| Other non-cash adjustments | 457us-gaap_OtherNoncashIncomeExpense | (743)us-gaap_OtherNoncashIncomeExpense |
| Sources (uses) of cash from changes in components of working capital and other: | ||
| Accounts receivable | 5,904us-gaap_IncreaseDecreaseInAccountsReceivable | 4,769us-gaap_IncreaseDecreaseInAccountsReceivable |
| Inventories | (11,162)us-gaap_IncreaseDecreaseInInventories | (21,783)us-gaap_IncreaseDecreaseInInventories |
| Trade accounts payable | (12,407)us-gaap_IncreaseDecreaseInAccountsPayableTrade | (12,835)us-gaap_IncreaseDecreaseInAccountsPayableTrade |
| Prepaid expenses and other assets | (13,353)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets | (1,071)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets |
| Income taxes payable | (38,033)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable | (13,399)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable |
| Accrued compensation and benefits | (12,763)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities | 3,673us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities |
| Other accrued liabilities | (4,217)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities | (5,314)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities |
| Cash (used in) provided by operating activities | (9,619)us-gaap_NetCashProvidedByUsedInOperatingActivities | 36,883us-gaap_NetCashProvidedByUsedInOperatingActivities |
| Investing Activities | ||
| Capital expenditures | (12,877)us-gaap_PaymentsToAcquireProductiveAssets | (22,226)us-gaap_PaymentsToAcquireProductiveAssets |
| Proceeds from sale of business, net of transaction costs | 0us-gaap_ProceedsFromDivestitureOfBusinesses | 243,386us-gaap_ProceedsFromDivestitureOfBusinesses |
| Proceeds from sale of property, plant and equipment | 707us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment | 2,008us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment |
| Cash (used in) provided by investing activities | (12,170)us-gaap_NetCashProvidedByUsedInInvestingActivities | 223,168us-gaap_NetCashProvidedByUsedInInvestingActivities |
| Financing Activities | ||
| Purchase of treasury shares | (180,512)us-gaap_PaymentsForRepurchaseOfCommonStock | (109,095)us-gaap_PaymentsForRepurchaseOfCommonStock |
| Stock option exercises, related tax benefits and other | 4,753atu_StockOptionExercisesRelatedTaxBenefitsAndOther | 25,803atu_StockOptionExercisesRelatedTaxBenefitsAndOther |
| Payment of contingent acquisition consideration | 0atu_PaymentofContingentConsideration | (753)atu_PaymentofContingentConsideration |
| Cash dividend | (2,598)us-gaap_PaymentsOfDividends | (2,919)us-gaap_PaymentsOfDividends |
| Cash provided by (used in) financing activities | 18,393us-gaap_NetCashProvidedByUsedInFinancingActivities | (211,964)us-gaap_NetCashProvidedByUsedInFinancingActivities |
| Effect of exchange rate changes on cash | (18,119)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents | 2,944us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents |
| Net (decrease) increase in cash and cash equivalents | (21,515)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | 51,031us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
| Cash and cash equivalents – beginning of period | 109,012us-gaap_CashAndCashEquivalentsAtCarryingValue | 103,986us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Cash and cash equivalents – end of period | 87,497us-gaap_CashAndCashEquivalentsAtCarryingValue | 155,017us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Line of Credit | Senior Credit Facility - Revolver | ||
| Financing Activities | ||
| Net borrowings (repayments) on revolver and other debt |
199,000us-gaap_ProceedsFromRepaymentsOfLinesOfCredit / us-gaap_DebtInstrumentAxis = atu_SeniorCreditFacilityRevolverMember / us-gaap_LongtermDebtTypeAxis = us-gaap_LineOfCreditMember |
(125,000)us-gaap_ProceedsFromRepaymentsOfLinesOfCredit / us-gaap_DebtInstrumentAxis = atu_SeniorCreditFacilityRevolverMember / us-gaap_LongtermDebtTypeAxis = us-gaap_LineOfCreditMember |
| Line of Credit | Senior Credit Facility - Term Loan | ||
| Financing Activities | ||
| Net borrowings (repayments) on revolver and other debt |
$ (2,250)us-gaap_ProceedsFromRepaymentsOfLinesOfCredit / us-gaap_DebtInstrumentAxis = atu_SeniorCreditFacilityTermLoanMember / us-gaap_LongtermDebtTypeAxis = us-gaap_LineOfCreditMember |
$ 0us-gaap_ProceedsFromRepaymentsOfLinesOfCredit / us-gaap_DebtInstrumentAxis = atu_SeniorCreditFacilityTermLoanMember / us-gaap_LongtermDebtTypeAxis = us-gaap_LineOfCreditMember |
| X | ||||||||||
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- Definition
Payment of contingent consideration related to an acquisition. No definition available.
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| X | ||||||||||
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- Definition
Stock option exercises, related tax benefits and other. No definition available.
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Amount of noncash expense included in interest expense to allocate debt discount and premium, and the costs to issue debt and obtain financing over the related debt instruments. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of gain (loss), after tax expense or benefit and not previously recognized, resulting from the sale of a business component. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of increase (decrease) from the effect of exchange rate changes on cash and cash equivalent balances held in foreign currencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Change in recurring obligations of a business that arise from the acquisition of merchandise, materials, supplies and services used in the production and sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the period in the amount due for taxes based on the reporting entity's earnings or attributable to the entity's income earning process (business presence) within a given jurisdiction. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in other liabilities used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current liabilities, other noncurrent liabilities, or a combination of other current and noncurrent liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets, or income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Other income (expense) included in net income that results in no cash inflows or outflows in the period. Includes noncash adjustments to reconcile net income (loss) to cash provided by (used in) operating activities that are not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash outflow to reacquire common stock during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Cash outflow in the form of capital distributions and dividends to common shareholders, preferred shareholders and noncontrolling interests. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash outflow for purchases of and capital improvements on property, plant and equipment (capital expenditures), software, and other intangible assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash inflow associated with the amount received from the sale of a portion of the company's business, for example a segment, division, branch or other business, during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The net cash inflow or cash outflow from a contractual arrangement with the lender, including letter of credit, standby letter of credit and revolving credit arrangements, under which borrowings can be made up to a specific amount at any point in time with either short term or long term maturity that is collateralized (backed by pledge, mortgage or other lien in the entity's assets). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash inflow from the sale of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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