Quarterly Financial Data (Unaudited)

12 Months Ended

Aug. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data (Unaudited)

Quarterly Financial Data (Unaudited)

Quarterly financial data for fiscal 2015 and fiscal 2014 is as follows:

	Year Ended August 31, 2015
	First		Second			Third		Fourth		Total
Net sales	$	327,765	$	301,005		$	320,100	$	300,384	$	1,249,254
Gross profit	126,976		109,763			118,560		106,542		461,841
Net earnings (loss)	24,674		(64,838		)	37,958		22,078		19,872
Net earnings (loss) per share:
Basic	$	0.38	$	(1.05	)	$	0.64	$	0.37	$	0.32
Diluted	0.38		(1.05		)	0.63		0.37		0.32
	Year Ended August 31, 2014
	First		Second			Third		Fourth		Total
Net sales	$	339,556	$	327,770		$	378,187	$	354,349	$	1,399,862
Gross profit	131,780		124,447			148,550		142,095		546,872
Earnings from continuing operations	33,005		22,304			50,557		35,587		141,453
Earnings from discontinued operations	3,032		19,088			—		—		22,120
Net earnings	36,037		41,392			50,557		35,587		163,573
Earnings from continuing operations per share:
Basic	$	0.45	$	0.31		$	0.72	$	0.52	$	1.99
Diluted	0.44		0.30			0.70		0.51		1.95
Earnings from discontinued operations per share:
Basic	$	0.04	$	0.26		$	—	$	—	$	0.32
Diluted	0.04		0.26			—		—		0.32
Net earnings per share:
Basic	$	0.49	$	0.57		$	0.72	$	0.52	$	2.31
Diluted	0.48		0.56			0.70		0.51		2.26

The sum of the quarters may not equal the total of the respective year’s earnings per share on either a basic or diluted basis due to changes in the weighted average shares outstanding during the year.

During the second quarter of fiscal 2015 the Company recognized a $84.4 million non-cash impairment charge related to the goodwill and intangible assets of the Energy segment (see Note 4, "Goodwill and Other Intangible Assets").