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Industry Segment Information (Tables)
9 Months Ended
May. 31, 2015
Industry Segment Information [Abstract]  
Schedule Of Segment Reporting Information, By Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

Nine months ended

 

 

May 31,

 

May 31,

 

May 31,

 

May 31,

($ in thousands)

 

2015

 

2014

 

2015

 

2014

Operating revenues:

 

 

 

 

 

 

 

 

 

 

 

 

    Irrigation

 

$

131,289 

 

$

149,010 

 

$

354,336 

 

$

414,077 

    Infrastructure

 

 

29,418 

 

 

20,926 

 

 

82,305 

 

 

56,334 

Total operating revenues

 

$

160,707 

 

$

169,936 

 

$

436,641 

 

$

470,411 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income:

 

 

 

 

 

 

 

 

 

 

 

 

    Irrigation (1)

 

$

19,860 

 

$

28,040 

 

$

46,471 

 

$

72,899 

    Infrastructure (1)

 

 

6,498 

 

 

895 

 

 

16,016 

 

 

1,409 

Segment operating income (1)

 

 

26,358 

 

 

28,935 

 

 

62,487 

 

 

74,308 

Unallocated general and administrative expenses

 

 

(4,870)

 

 

(3,713)

 

 

(14,561)

 

 

(12,181)

Interest and other expense, net

 

 

(1,065)

 

 

278 

 

 

(1,704)

 

 

(21)

Earnings before income taxes

 

$

20,423 

 

$

25,500 

 

$

46,222 

 

$

62,106 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital Expenditures:

 

 

 

 

 

 

 

 

 

 

 

 

    Irrigation

 

$

4,102 

 

$

2,390 

 

$

9,567 

 

$

7,327 

    Infrastructure

 

 

550 

 

 

93 

 

 

1,661 

 

 

509 

 

 

$

4,652 

 

$

2,483 

 

$

11,228 

 

$

7,836 

Depreciation and Amortization:

 

 

 

 

 

 

 

 

 

 

 

 

    Irrigation

 

$

2,925 

 

$

2,424 

 

$

8,450 

 

$

7,123 

    Infrastructure

 

 

1,206 

 

 

1,323 

 

 

3,698 

 

 

4,008 

 

 

$

4,131 

 

$

3,747 

 

$

12,148 

 

$

11,131 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) Environmental remediation expenses of $1.3 million and $0.2 million were allocated to the irrigation segment and infrastructure segment, respectively, for the nine months ended May 31, 2015. There were no environmental remediation expenses for the three months ended May 31, 2015 or the three and nine months ended May 31, 2014.

 

Reconciliation Of Assets From Segment To Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

May 31,

 

May 31,

 

August 31,

($ in thousands)

 

2015

 

2014

 

2014

Total Assets:

 

 

 

 

 

 

 

 

 

    Irrigation

 

$

447,988 

 

$

404,832 

 

$

407,447 

    Infrastructure

 

 

129,906 

 

 

133,739 

 

 

119,104 

 

 

$

577,894 

 

$

538,571 

 

$

526,551