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Industry Segment Information (Tables)
9 Months Ended
May 31, 2016
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)

 

2016

 

2015

 

2016

 

2015

Operating revenues:

 

 

 

 

 

 

 

 

 

 

 

 

     Irrigation

 

$

117,325 

 

$

131,289 

 

$

321,733 

 

$

354,336 

     Infrastructure

 

 

23,994 

 

 

29,418 

 

 

61,781 

 

 

82,305 

Total operating revenues

 

$

141,319 

 

$

160,707 

 

$

383,514 

 

$

436,641 



 

 

 

 

 

 

 

 

 

 

 

 

Operating income:

 

 

 

 

 

 

 

 

 

 

 

 

     Irrigation

 

$

16,560 

 

$

19,860 

 

$

40,333 

 

$

47,771 

     Infrastructure

 

 

4,654 

 

 

6,498 

 

 

9,268 

 

 

16,216 

Segment operating income

 

 

21,214 

 

 

26,358 

 

 

49,601 

 

 

63,987 

Unallocated general and administrative expenses (1)

 

 

(5,889)

 

 

(4,870)

 

 

(27,222)

 

 

(16,061)

Interest and other expense, net

 

 

(1,260)

 

 

(1,065)

 

 

(4,111)

 

 

(1,704)

Earnings before income taxes

 

$

14,065 

 

$

20,423 

 

$

18,268 

 

$

46,222 



 

 

 

 

 

 

 

 

 

 

 

 

Capital expenditures:

 

 

 

 

 

 

 

 

 

 

 

 

     Irrigation

 

$

2,157 

 

$

4,102 

 

$

7,363 

 

$

9,567 

     Infrastructure

 

 

524 

 

 

550 

 

 

2,710 

 

 

1,661 



 

$

2,681 

 

$

4,652 

 

$

10,073 

 

$

11,228 

Depreciation and amortization:

 

 

 

 

 

 

 

 

 

 

 

 

     Irrigation

 

$

3,077 

 

$

2,925 

 

$

9,235 

 

$

8,450 

     Infrastructure

 

 

1,158 

 

 

1,206 

 

 

3,536 

 

 

3,698 



 

$

4,235 

 

$

4,131 

 

$

12,771 

 

$

12,148 



 

 

 

 

 

 

 

 

 

 

 

 

(1) Includes environmental remediation expenses of $13.0 million and $1.5 million for the nine months ended May 31, 2016 and May 31, 2015, respectively.  There were no environmental remediation expenses for the three months ended May 31, 2016 and May 31, 2015, respectively.    



Reconciliation Of Assets From Segment To Consolidated



 

 

 

 

 

 

 

 

 



 

May 31,

 

May 31,

 

August 31,

($ in thousands)

 

2016

 

2015

 

2015

Total assets:

 

 

 

 

 

 

 

 

 

     Irrigation

 

$

394,739 

 

$

447,988 

 

$

429,224 

     Infrastructure

 

 

106,966 

 

 

129,906 

 

 

107,244 



 

$

501,705 

 

$

577,894 

 

$

536,468