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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
May 31, 2018
Aug. 31, 2017
May 31, 2017
Current assets:      
Cash and cash equivalents $ 111,779 $ 121,620 $ 113,212
Receivables, net of allowance of $4,143, $7,473, and $7,447, respectively 92,135 73,850 86,772
Inventories, net 82,635 86,155 88,601
Prepaid expenses 4,132 4,384 4,944
Assets held-for-sale 51,516    
Other current assets 8,209 6,925 11,877
Total current assets 350,406 292,934 305,406
Property, plant, and equipment:      
Cost 172,438 189,140 187,890
Less accumulated depreciation (112,554) (114,642) (113,481)
Property, plant, and equipment, net 59,884 74,498 74,409
Intangibles, net 28,656 42,808 43,874
Goodwill 64,723 77,131 76,843
Deferred income tax assets 4,581 5,311 6,027
Other noncurrent assets 11,978 13,350 4,728
Total assets 520,228 506,032 511,287
Current liabilities:      
Accounts payable 30,281 36,717 40,256
Current portion of long-term debt 204 201 200
Liabilities held-for-sale 14,275    
Other current liabilities 53,911 55,119 62,501
Total current liabilities 98,671 92,037 102,957
Pension benefits liabilities 6,080 6,295 6,628
Long-term debt 116,622 116,775 116,826
Deferred income tax liabilities 1,117 1,191 1,111
Other noncurrent liabilities 20,229 19,679 20,060
Total liabilities 242,719 235,977 247,582
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; 18,841, 18,773, and 18,780 shares issued, respectively 18,841 18,780 18,773
Capital in excess of stated value 67,587 63,006 61,709
Retained earnings 483,243 477,615 474,483
Less treasury stock - at cost, 8,083, 8,083, and 8,083 shares, respectively (277,238) (277,238) (277,238)
Accumulated other comprehensive loss, net (14,924) (12,108) (14,022)
Total shareholders' equity 277,509 270,055 263,705
Total liabilities and shareholders' equity $ 520,228 $ 506,032 $ 511,287