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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
May 31, 2016
Aug. 31, 2015
May 31, 2015
Current assets:      
Cash and cash equivalents $ 91,498 $ 139,093 $ 154,018
Receivables, net of allowance of $7,979, $2,607 and $9,706, respectively 81,915 74,063 93,399
Inventories, net 82,845 74,930 79,123
Deferred income taxes 14,519 15,807 16,922
Other current assets 20,470 18,274 17,641
Total current assets 291,247 322,167 361,103
Property, plant and equipment:      
Cost 184,740 181,598 178,606
Less accumulated depreciation (105,580) (102,942) (101,752)
Property, plant and equipment, net 79,160 78,656 76,854
Intangibles, net 48,367 51,920 52,103
Goodwill 76,778 76,801 75,124
Other noncurrent assets, net of allowance of $0, $2,021 and $0, respectively 6,153 6,924 12,710
Total assets 501,705 536,468 577,894
Current liabilities:      
Accounts payable 40,805 38,814 46,560
Current portion of long-term debt 196 193 182
Other current liabilities 55,651 56,105 64,343
Total current liabilities 96,652 95,112 111,085
Pension benefits liabilities 6,362 6,569 6,389
Long-term debt 117,025 117,173 117,222
Deferred income taxes 13,423 18,971 18,685
Other noncurrent liabilities 23,307 10,083 9,818
Total liabilities 256,769 247,908 263,199
Shareholders' equity:      
Preferred stock of $1 par value - Authorized 2,000 shares; no shares issued and outstanding
Common stock of $1 par value - authorized 25,000 shares; 18,713, 18,678 and 18,684 shares issued, respectively 18,713 18,684 18,678
Capital in excess of stated value 56,766 55,184 54,268
Retained earnings 462,201 458,903 465,246
Less treasury stock - at cost, 8,083, 7,174 and 7,394 shares, respectively (277,238) (228,903) (210,484)
Accumulated other comprehensive loss, net (15,506) (15,308) (13,013)
Total shareholders' equity 244,936 288,560 314,695
Total liabilities and shareholders' equity $ 501,705 $ 536,468 $ 577,894