XML 15 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
May 31, 2017
May 31, 2016
May 31, 2017
May 31, 2016
Revenue        
Sales $ 63,641 $ 63,480 $ 180,198 $ 173,932
Royalties and commissions 1,260 756 3,368 2,706
Total revenues 64,901 64,236 183,566 176,638
Costs and Expenses        
Cost of products and services sold 37,511 38,542 105,658 108,154
Selling, general and administrative expenses 12,297 11,770 35,567 33,506
Exit costs related to idle facility (Note 15)   662 50 871
Acquisition related costs (Note 14)     584  
Write-down of certain assets under construction (Note 8)       365
Operating income 15,093 13,262 41,707 33,742
Interest expense (158) (284) (711) (794)
Gain on sale of real estate (Note 9)     860  
Gain on sale of business (Note 8) (2,013)   (2,013) (1,031)
Other income (expense) 164 (512) 536 876
Income before income taxes 17,112 12,466 44,405 34,855
Income taxes 5,257 4,935 13,804 12,903
Net income $ 11,855 $ 7,531 $ 30,601 $ 21,952
Net income available to common shareholders, per common and common equivalent share        
Basic (in dollars per share) $ 1.27 $ 0.81 $ 3.27 $ 2.38
Diluted (in dollars per share) $ 1.26 $ 0.80 $ 3.24 $ 2.34
Weighted average shares outstanding        
Basic (in shares) 9,258,219 9,173,252 9,244,237 9,156,805
Diluted (in shares) 9,336,725 9,311,798 9,331,470 9,287,809
Cash dividends paid per share (in dollars per share)     $ 0.70 $ 0.65