XML 42 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Aug. 31, 2012
Aug. 31, 2011
Aug. 31, 2010
Net sales $ 2,106,753 $ 2,192,955 $ 1,590,443
Cost of sales 1,829,336 1,907,409 1,357,575
Selling, general and administrative expenses 192,439 206,406 179,821
Restructuring expense 9,256 8,117 5,054
Asset impairment 3,392 8,150 5,668
Curtailment (gains) losses (310) 0 270
Operating income 72,640 62,873 42,055
Interest expense 8,377 6,453 5,010
Interest income (699) (922) (1,345)
Foreign currency transaction (gains) losses 245 1,595 884
Other (income) expense, net (1,251) (1,720) (2,425)
Income from continuing operations before taxes 65,968 57,467 39,931
Provision (benefit) for U.S. and foreign income taxes 13,919 15,782 (4,419)
Income from continuing operations 52,049 41,685 44,350
Loss from discontinued operations, net of tax of $0 0 0 (239)
Net income 52,049 41,685 44,111
Noncontrolling interests (1,162) (689) (221)
Net income attributable to A. Schulman, Inc. $ 50,887 $ 40,996 $ 43,890
Weighted-average number of shares outstanding:      
Basic 29,389 30,978 27,746
Diluted 29,549 31,141 27,976
Earnings (losses) per share of common stock attributable to A. Schulman, Inc. — Basic:      
Income from continuing operations $ 1.73 $ 1.32 $ 1.59
Loss from discontinued operations $ 0.00 $ 0.00 $ (0.01)
Net income $ 1.73 $ 1.32 $ 1.58
Earnings (losses) per share of common stock attributable to A. Schulman, Inc. — Diluted:      
Income from continuing operations $ 1.72 $ 1.32 $ 1.58
Loss from discontinued operations $ 0.00 $ 0.00 $ (0.01)
Net Income $ 1.72 $ 1.32 [1] $ 1.57
Cash dividends per common share $ 0.72 $ 0.62 $ 0.60
[1] The sum of the four quarters does not equal the earnings per share amount calculated for the year due to rounding.