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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Feb. 29, 2016
Aug. 31, 2015
Current assets:    
Cash and cash equivalents $ 46,878 $ 96,872
Accounts receivable, less allowance for doubtful accounts of $11,052 at February 29, 2016 and $10,777 at August 31, 2015 390,372 413,943
Inventories 299,726 317,328
Prepaid expenses and other current assets 61,134 60,205
Total current assets 798,110 888,348
Property, plant and equipment, at cost:    
Land and improvements 32,754 31,674
Buildings and leasehold improvements 171,463 164,759
Machinery and equipment 427,870 427,183
Furniture and fixtures 34,694 34,393
Construction in progress 24,718 23,866
Gross property, plant and equipment 691,499 681,875
Accumulated depreciation 379,157 367,381
Net property, plant and equipment 312,342 314,494
Other assets:    
Deferred charges and other noncurrent assets 87,955 90,749
Goodwill 622,801 623,583
Intangible assets, net 413,862 434,537
Total assets 2,235,070 2,351,711
Current liabilities:    
Accounts payable 271,198 305,385
U.S. and foreign income taxes payable 910 4,205
Accrued payroll, taxes and related benefits 42,770 56,192
Other accrued liabilities 76,019 70,824
Short-term debt 25,170 20,710
Total current liabilities 416,067 457,316
Long-term debt 999,013 1,045,349
Pension plans 114,638 117,889
Deferred income taxes 113,636 115,537
Other long-term liabilities 22,632 22,885
Total liabilities $ 1,665,986 $ 1,758,976
Commitments and contingencies
Stockholders' equity:    
Convertible special stock, no par value $ 120,289 $ 120,289
Common stock, $1 par value, authorized - 75,000 shares, issued - 48,503 shares at February 29, 2016 and 48,369 shares at August 31, 2015 48,503 48,369
Additional paid-in capital 275,588 274,319
Accumulated other comprehensive income (loss) [1] (101,591) (83,460)
Retained earnings 600,582 607,690
Treasury stock, at cost, 19,073 shares at February 29, 2016 and 19,077 shares at August 31, 2015 (383,047) (383,121)
Total A. Schulman, Inc.’s stockholders’ equity 560,324 584,086
Noncontrolling interests 8,760 8,649
Total equity 569,084 592,735
Total liabilities and equity $ 2,235,070 $ 2,351,711
[1] (1) All amounts presented are net of tax. All tax amounts are related to pension and other retiree benefits.