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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
May 31, 2016
May 31, 2015
May 31, 2016
May 31, 2015
Net sales $ 650,439 $ 560,858 $ 1,891,419 $ 1,718,206
Cost of sales 540,965 470,101 1,587,192 1,462,531
Selling, general and administrative expenses 73,641 64,842 222,482 195,482
Restructuring expense 4,245 2,649 8,005 10,530
Operating income 31,588 23,266 73,740 49,663
Interest expense 13,557 2,618 40,965 7,288
Bridge financing fees 0 18,750 0 18,750
Foreign currency transaction (gains) losses 392 857 2,071 3,097
Other (income) expense, net (229) (335) (246) (900)
Gain on early extinguishment of debt 0 0 0 (1,290)
Income (loss) from continuing operations before taxes 17,868 1,376 30,950 22,718
Provision (benefit) for U.S. and foreign income taxes 312 10,344 4,076 18,801
Income (loss) from continuing operations 17,556 (8,968) 26,874 3,917
Income (loss) from discontinued operations, net of tax 82 (18) 283 (86)
Net income (loss) 17,638 (8,986) 27,157 3,831
Noncontrolling interests (241) (343) (1,075) (890)
Net income (loss) attributable to A. Schulman, Inc. 17,397 (9,329) 26,082 2,941
Convertible special stock dividends 1,875 563 5,625 563
Net income (loss) available to A. Schulman, Inc. common stockholders $ 15,522 $ (9,892) $ 20,457 $ 2,378
Weighted-average number of shares outstanding:        
Basic 29,339 29,219 29,284 29,125
Diluted 29,474 29,219 29,459 29,547
Basic earnings per share available to A. Schulman, Inc. common stockholders        
Income (loss) from continuing operations $ 0.53 $ (0.34) $ 0.69 $ 0.08
Income (loss) from discontinued operations 0.00 0.00 0.01 0.00
Net income (loss) available to A. Schulman, Inc. common stockholders 0.53 (0.34) 0.70 0.08
Diluted earnings per share available to A. Schulman, Inc. common stockholders        
Income (loss) from continuing operations 0.53 (0.34) 0.68 0.08
Income (loss) from discontinued operations 0.00 0.00 0.01 0.00
Net income (loss) available to A. Schulman, Inc. common stockholders 0.53 (0.34) 0.69 0.08
Cash dividends per common share 0.205 0.205 0.615 0.615
Cash dividends per share of convertible special stock $ 15.00 $ 0.000 $ 45.00 $ 0.00