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Quarterly Financial Highlights (Unaudited) (Tables)
12 Months Ended
Aug. 31, 2015
QUARTERLY FINANCIAL HIGHLIGHTS (UNAUDITED) [Abstract]  
Schedule of Quarterly Financial Information [Table Text Block]
 
Quarter Ended
 
Year Ended
 
Nov 30,
2014
 
Feb 28,
2015
 
May 31,
2015
 
Aug 31,
2015
 
Aug 31, 2015
 
Unaudited
 
(In thousands, except per share data)
Net sales
$
615,053

 
$
542,295

 
$
560,858

 
$
674,019

 
$
2,392,225

Gross profit
$
86,844

 
$
78,074

 
$
90,757

 
$
105,335

 
$
361,010

Income (loss) from continuing operations
$
13,388

 
$
(503
)
 
$
(8,968
)
 
$
24,014

 
$
27,931

Income (loss) from discontinued operations, net of tax
(10
)
 
(58
)
 
(18
)
 
(47
)
 
(133
)
Net income (loss)
13,378

 
(561
)
 
(8,986
)
 
23,967

 
27,798

Noncontrolling interests
(220
)
 
(327
)
 
(343
)
 
(279
)
 
(1,169
)
Net income (loss) attributable to A. Schulman, Inc.
13,158

 
(888
)
 
(9,329
)
 
23,688

 
26,629

Convertible special stock dividends

 

 
(563
)
 
(1,875
)
 
(2,438
)
Net income (loss) available to A. Schulman, Inc. common stockholders
$
13,158

 
$
(888
)
 
$
(9,892
)
 
$
21,813

 
$
24,191

 
 
 
 
 
 
 
 
 
 
Basic earnings per share available to A. Schulman, Inc.
common stockholders(a)
 
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
0.45

 
$
(0.03
)
 
$
(0.34
)
 
$
0.75

 
$
0.83

Income (loss) from discontinued operations

 

 

 

 

Net income (loss) available to A. Schulman, Inc. common stockholders
$
0.45

 
$
(0.03
)
 
$
(0.34
)
 
$
0.75

 
$
0.83

 
 
 
 
 
 
 
 
 
 
Diluted earnings per share available to A. Schulman, Inc.
common stockholders(a)
 
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
0.45

 
$
(0.03
)
 
$
(0.34
)
 
$
0.75

 
$
0.83

Income (loss) from discontinued operations

 

 

 
(0.01
)
 
(0.01
)
Net income (loss) available to A. Schulman, Inc. common stockholders
$
0.45

 
$
(0.03
)
 
$
(0.34
)
 
$
0.74

 
$
0.82

 
 
 
 
 
 
 
 
 
 
Certain items included in income from continuing operations, net of tax are as follows:
Accelerated depreciation(b)
$

 
$
298

 
$
29

 
$
53

 
$
380

Costs related to acquisitions(c)
976

 
3,135

 
3,561

 
9,200

 
16,872

Acquisition related interest expense(d)

 

 
19,134

 
1,190

 
20,324

Restructuring and related costs(e)
4,096

 
3,260

 
4,793

 
6,927

 
19,076

CEO transition costs(f)

 
6,167

 

 

 
6,167

Inventory step-up(g)
239

 

 

 
2,631

 
2,870

Gain on early extinguishment of debt(h)

 
(863
)
 

 

 
(863
)
Total
$
5,311

 
$
11,997

 
$
27,517

 
$
20,001

 
$
64,826


(a) 
The sum of the four quarters does not equal the earnings per share amount calculated for the year due to rounding.
(b) 
Relates to accelerated depreciation in the U.S., France and Brazil.
(c) 
Costs related to acquisitions include professional, legal and other expenses associated with the Citadel acquisition, along with other potential acquisitions.
(d) 
Primarily relates to bridge financing fees and the write-off of deferred debt costs of $18.8 million and $1.5 million, respectively. Refer to Note 5 of this Form 10-K for further discussion.
(e) 
Restructuring and related costs include items such as employee severance charges, lease termination charges, curtailment gains/losses, other employee termination costs and charges related to the reorganization of the legal entity structure. Refer to Note 16 of this Form 10-K for further discussion.
(f) 
CEO transition costs represent a one-time charge for the modification and accelerated vesting upon retirement of the outstanding equity compensation awards granted to Joseph M. Gingo in 2013 and 2014. Refer to Note 11 of this Form 10-K for further discussion.
(g) 
Inventory step-up relates to the fiscal 2015 acquisition noted above.
(h) 
Represents a pre-tax net gain on the early extinguishment of debt. Refer to Note 5 of this Form 10-K for further discussion.
 
Quarter Ended
 
Year Ended
 
Nov 30,
2013
 
Feb 28,
2014
 
May 31,
2014
 
Aug 31,
2014
 
Aug 31, 2014
 
Unaudited
 
(In thousands, except per share data)
Net sales
$
585,397

 
$
588,508

 
$
645,735

 
$
627,358

 
$
2,446,998

Gross profit
$
79,108

 
$
74,299

 
$
91,964

 
$
84,637

 
$
330,008

Income (loss) from continuing operations
$
12,631

 
$
6,648

 
$
19,347

 
$
15,164

 
$
53,790

Income (loss) from discontinued operations, net of tax
2,655

 
347

 
(23
)
 
223

 
3,202

Net income (loss)
15,286

 
6,995

 
19,324

 
15,387

 
56,992

Noncontrolling interests
(215
)
 
(136
)
 
(233
)
 
(215
)
 
(799
)
Net income (loss) attributable to A. Schulman, Inc.
$
15,071

 
$
6,859

 
$
19,091

 
$
15,172

 
$
56,193

 
 
 
 
 
 
 
 
 
 
Basic earnings per share attributable to A. Schulman, Inc.(j)
 
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
0.43

 
$
0.23

 
$
0.66

 
$
0.51

 
$
1.82

Income (loss) from discontinued operations
0.09

 
0.01

 

 
0.01

 
0.11

Net income attributable to A. Schulman, Inc.
$
0.52

 
$
0.24

 
$
0.66

 
$
0.52

 
$
1.93

 
 
 
 
 
 
 
 
 
 
Diluted earnings per share attributable to A. Schulman, Inc.(j)
 
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
0.43

 
$
0.22

 
$
0.65

 
$
0.51

 
$
1.80

Income (loss) from discontinued operations
0.09

 
0.01

 

 
0.01

 
0.11

Net income attributable to A. Schulman, Inc.
$
0.52

 
$
0.23

 
$
0.65

 
$
0.52

 
$
1.91

 
 
 
 
 
 
 
 
 
 
Certain items included in income from continuing operations, net of tax are as follows:
Asset write-downs(j)
$
107

 
$
70

 
$

 
$

 
$
177

Costs related to acquisitions(k)
546

 
1,822

 
872

 
2,635

 
5,875

Restructuring and related costs(l)
3,340

 
2,513

 
1,840

 
1,463

 
9,156

Inventory step-up(m)
319

 
782

 

 
323

 
1,424

Total
$
4,312

 
$
5,187

 
$
2,712

 
$
4,421

 
$
16,632


(i) 
The sum of the four quarters does not equal the earnings per share amount calculated for the year due to rounding.
(j) 
Asset write-downs include charges primarily related to the write-down of the facility in Oyonnax, France.
(k) 
Costs related to acquisitions include professional, legal and other expenses associated with the Perrite Group, Network Polymers, Inc., Prime Colorants and the Specialty Plastics acquisitions, along with other potential acquisitions.
(l) 
Restructuring and related costs include items such as employee severance charges, lease termination charges, curtailment gains/losses, other employee termination costs and charges related to the reorganization of the legal entity structure. Refer to Note 16 of this Form 10-K for further discussion.
(m) 
Inventory step-up relates to the fiscal 2014 acquisitions noted above.