XML 47 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Aug. 31, 2014
Aug. 31, 2013
Aug. 31, 2012
Net sales $ 2,446,998 $ 2,133,402 $ 2,081,272
Cost of sales 2,116,990 1,852,223 1,802,029
Selling, general and administrative expenses 242,486 205,370 193,502
Restructuring expense 4,883 10,500 9,256
Asset impairment 104 1,873 3,392
Curtailment and settlement (gains) losses 214 333 (310)
Operating income 82,321 63,103 73,403
Interest expense 8,503 7,657 8,351
Interest income (286) (495) (676)
Foreign currency transaction (gains) losses 2,206 2,426 243
Other (income) expense, net (434) (217) (1,342)
Income from continuing operations before taxes 72,332 53,732 66,827
Provision (benefit) for U.S. and foreign income taxes 18,542 19,733 13,918
Income from continuing operations 53,790 33,999 52,909
Income (loss) from discontinued operations, net of tax 3,202 (6,671) (860)
Net income 56,992 27,328 52,049
Noncontrolling interests (799) (1,229) (1,162)
Net income attributable to A. Schulman, Inc. $ 56,193 $ 26,099 $ 50,887
Weighted-average number of shares outstanding:      
Basic 29,061 29,260 29,389
Diluted 29,362 29,337 29,549
Basic earnings per share attributable to A. Schulman, Inc.      
Income (loss) from continuing operations $ 1.82 [1] $ 1.12 [1] $ 1.76
Income (loss) from discontinued operations $ 0.11 [1] $ (0.23) [1] $ (0.03)
Net income attributable to A. Schulman, Inc. $ 1.93 [1] $ 0.89 [1] $ 1.73
Diluted earnings per share attributable to A. Schulman, Inc.      
Income (loss) from continuing operations $ 1.80 [1] $ 1.12 [1] $ 1.75
Income (loss) from discontinued operations $ 0.11 [1] $ (0.23) [1] $ (0.03)
Net income attributable to A. Schulman, Inc. $ 1.91 [1] $ 0.89 [1] $ 1.72
Cash dividends per common share $ 0.80 $ 0.78 $ 0.72
[1] The sum of the four quarters does not equal the earnings per share amount calculated for the year due to rounding.