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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
May 31, 2012
May 31, 2011
Operating:    
Net income $ 40,501 $ 35,579
Adjustments to reconcile net income to net cash provided from (used in) operating activities:    
Depreciation and amortization 28,797 30,413
Deferred tax provision (7,414) (1,550)
Pension, postretirement benefits and other deferred compensation 4,327 5,701
Net (gains) losses on asset sales 0 (775)
Asset impairment 2,586 1,925
Curtailment (gain) loss (310) 0
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable (6,501) (55,523)
Inventories (31,161) (70,246)
Accounts payable 16,726 55,893
Income taxes (6,123) 6,189
Accrued payroll and other accrued liabilities (11,305) (7,869)
Other assets and long-term liabilities 4,380 (5,710)
Net cash provided from (used in) operating activities 34,503 (5,973)
Investing:    
Expenditures for property, plant and equipment (27,505) (18,362)
Proceeds from the sale of assets 1,255 7,041
Business acquisitions, net of cash acquired (64,918) (15,071)
Net cash provided from (used in) investing activities (91,168) (26,392)
Financing:    
Cash dividends paid (15,352) (14,559)
Increase (decrease) in notes payable (5,623) (3,475)
Borrowings on revolving credit facilities 166,830 213,000
Repayments on revolving credit facilities (139,769) (170,250)
Repayments on long-term debt (3,382) (21)
Payment of debt issuance costs 0 (2,220)
Cash distributions to noncontrolling interests (580) (700)
Common stock issued (redeemed), net 358 (382)
Issuances (purchases) of treasury stock, net (21,128) (14,393)
Net cash provided from (used in) financing activities (18,646) 7,000
Effect of exchange rate changes on cash (10,989) 8,599
Net increase (decrease) in cash and cash equivalents (86,300) (16,766)
Cash and cash equivalents at beginning of period 155,753 122,754
Cash and cash equivalents at end of period $ 69,453 $ 105,988