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Segment Information (Tables)
3 Months Ended
Nov. 30, 2022
Segment Reporting [Abstract]  
Segments Internal Financial Reports

The information in the following table is derived directly from the segments’ internal financial reports used for corporate management purposes.

 

For the three months ended November 30, 2022:

 

 

 

Revenue

 

 

Earnings (loss) from operations

 

(in millions)

 

External

 

 

Intersegment

 

 

Total

 

 

External

 

 

Intersegment

 

 

Total

 

Manufacturing

 

$

646.5

 

 

$

44.5

 

 

$

691.0

 

 

$

(3.4

)

 

$

4.0

 

 

$

0.6

 

Maintenance Services

 

 

85.5

 

 

 

8.5

 

 

 

94.0

 

 

 

5.5

 

 

 

 

 

 

5.5

 

Leasing & Management Services

 

 

34.5

 

 

 

0.2

 

 

 

34.7

 

 

 

15.6

 

 

 

 

 

 

15.6

 

Eliminations

 

 

 

 

 

(53.2

)

 

 

(53.2

)

 

 

 

 

 

(4.0

)

 

 

(4.0

)

Corporate

 

 

 

 

 

 

 

 

 

 

 

(22.5

)

 

 

 

 

 

(22.5

)

 

 

$

766.5

 

 

$

 

 

$

766.5

 

 

$

(4.8

)

 

$

 

 

$

(4.8

)

 

For the three months ended November 30, 2021:

 

 

 

Revenue

 

 

Earnings (loss) from operations

 

(in millions)

 

External

 

 

Intersegment

 

 

Total

 

 

External

 

 

Intersegment

 

 

Total

 

Manufacturing

 

$

452.5

 

 

$

39.4

 

 

$

491.9

 

 

$

12.3

 

 

$

0.3

 

 

$

12.6

 

Maintenance Services

 

 

72.4

 

 

 

2.7

 

 

 

75.1

 

 

 

(1.1

)

 

 

 

 

 

(1.1

)

Leasing & Management Services

 

 

25.8

 

 

 

0.3

 

 

 

26.1

 

 

 

17.2

 

 

 

 

 

 

17.2

 

Eliminations

 

 

 

 

 

(42.4

)

 

 

(42.4

)

 

 

 

 

 

(0.3

)

 

 

(0.3

)

Corporate

 

 

 

 

 

 

 

 

 

 

 

(16.6

)

 

 

 

 

 

(16.6

)

 

 

$

550.7

 

 

$

 

 

$

550.7

 

 

$

11.8

 

 

$

 

 

$

11.8

 

 

 

 

 

Total assets

 

(in millions)

 

November 30,
2022

 

 

August 31,
2022

 

Manufacturing

 

$

1,861.7

 

 

$

1,853.9

 

Maintenance Services

 

 

294.6

 

 

 

284.8

 

Leasing & Management Services

 

 

1,378.9

 

 

 

1,152.2

 

Unallocated, including cash

 

 

281.9

 

 

 

560.6

 

 

 

$

3,817.1

 

 

$

3,851.5

 

Reconciliation of Earnings (Loss) from Operations to Earnings (Loss) Before Income Tax and Earnings from Unconsolidated Affiliates

Reconciliation of Earnings (loss) from operations to Loss before income tax and earnings from unconsolidated affiliates:

 

 

 

Three Months Ended
November 30,

 

(in millions)

 

2022

 

 

2021

 

Earnings (loss) from operations

 

$

(4.8

)

 

$

11.8

 

Interest and foreign exchange

 

 

19.6

 

 

 

12.6

 

Loss before income tax and earnings
  from unconsolidated affiliates

 

$

(24.4

)

 

$

(0.8

)