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Business Segment, Geographic and Customer Information (Tables)
12 Months Ended
Aug. 31, 2016
Segment Reporting [Abstract]  
Summary of Financial Information by Reportable Segment and Product Line
The following tables summarize financial information by reportable segment and product line (in thousands):
 
 
Year Ended August 31,
 
 
2016
 
2015
 
2014
Net Sales by Reportable Product Line & Segment:
 
 
 
 
 
 
Industrial Segment:
 
 
 
 
 
 
Integrated Solutions
 
$
44,985

 
$
47,294

 
$
52,962

Industrial Tools
 
314,832

 
355,170

 
360,940


 
359,817

 
402,464

 
413,901

Energy Segment:
 
 
 
 
 
 
Energy Maintenance & Integrity
 
278,881

 
246,357

 
267,500

Other Energy Services
 
113,849

 
165,518

 
194,869

 
 
392,731

 
411,875

 
462,368

Engineered Solutions Segment:
 
 
 
 
 
 
On-Highway
 
209,575

 
220,889

 
272,201

Agriculture, Off-Highway and Other
 
187,287

 
214,026

 
251,391

 
 
396,862

 
434,915

 
523,592

 
 
$
1,149,410

 
$
1,249,254

 
$
1,399,862

 
 
 
 
 
 
 
Operating Profit (Loss):
 


 


 


Industrial
 
$
79,773

 
$
105,652

 
$
120,250

Energy (1)
 
(107,528
)
 
(41,351
)
 
56,412

Engineered Solutions (2)
 
(42,991
)
 
19,789

 
55,430

Corporate
 
(29,471
)
 
(30,536
)
 
(28,984
)
 
 
$
(100,217
)
 
$
53,554

 
$
203,108

 
(1) Energy segment operating profit (loss) includes impairment charges of $140.9 million and $84.4 million in fiscal 2016 and 2015, respectively.
(2) Engineered Solutions segment operating profit (loss) includes an impairment charge of $45.7 million in fiscal 2016.
Depreciation and Amortization:
 
 
 
 
 
 
Industrial
 
$
8,175

 
$
8,257

 
$
7,597

Energy
 
21,944

 
26,532

 
33,983

Engineered Solutions
 
15,910

 
16,652

 
17,602

Corporate
 
1,749

 
1,798

 
1,453

 
 
$
47,777

 
$
53,239

 
$
60,635


 
 
 
 
 
 
Capital Expenditures
 


 


 


Industrial
 
$
2,570

 
$
1,249

 
$
3,349

Energy
 
9,355

 
11,864

 
26,787

Engineered Solutions
 
5,974

 
8,472

 
8,763

Corporate
 
2,310

 
931

 
2,958

 
 
$
20,209

 
$
22,516

 
$
41,857


 
 
August 31,
 
 
2016
 
2015
Assets:
 


 


Industrial
 
$
308,222

 
$
293,738

Energy
 
479,169

 
601,521

Engineered Solutions
 
493,840

 
588,200

Corporate
 
161,307

 
153,458

 
 
$
1,442,538

 
$
1,636,917

Financial Information From Continuing Operations By Geographic Region
The following tables summarize sales and long-lived assets (fixed assets and other long-term assets) by geographic region (in thousands):
 
 
Year Ended August 31,
 
 
2016
 
2015
 
2014
Net Sales:
 


 


 


United States
 
$
477,670

 
$
526,061

 
$
573,590

Netherlands
 
143,517

 
139,432

 
151,549

United Kingdom
 
115,183

 
113,743

 
162,508

Australia
 
62,779

 
94,319

 
82,778

United Arab Emirates
 
55,906

 
44,211

 
18,101

All other
 
294,355

 
331,488

 
411,336


 
$
1,149,410

 
$
1,249,254

 
$
1,399,862

 
 
August 31,
 
 
2016
 
2015
Long-lived Assets:
 
 
 
 
United States
 
$
32,205

 
$
41,645

China
 
16,863

 
18,199

Australia
 
15,399

 
15,227

United Kingdom
 
9,914

 
21,704

United Arab Emirates
 
8,399

 
1,104

All other
 
34,399

 
47,183


 
$
117,179

 
$
145,062