XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.4
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Nov. 30, 2022
Nov. 30, 2021
Revenue    
Revenue $ 766.5 $ 550.7
Cost of revenue    
Cost of revenue 697.0 503.1
Margin 69.5 47.6
Selling and administrative expense 53.4 44.3
Net gain on disposition of equipment (3.3) (8.5)
Impairment of long-lived assets 24.2  
Earnings (loss) from operations (4.8) 11.8
Other costs    
Interest and foreign exchange 19.6 12.6
Loss before income tax and earnings from unconsolidated affiliates (24.4) (0.8)
Income tax benefit 3.8 1.4
Earnings (loss) before earnings from unconsolidated affiliates (20.6) 0.6
Earnings from unconsolidated affiliates 3.3 5.0
Net earnings (loss) (17.3) 5.6
Net loss attributable to noncontrolling interest 0.6 5.2
Net earnings (loss) attributable to Greenbrier $ (16.7) $ 10.8
Basic earnings (loss) per common share $ (0.51) $ 0.33
Diluted earnings (loss) per common share $ (0.51) $ 0.32
Weighted average common shares:    
Basic [1] 32,719 32,510
Diluted 32,719 33,570
Manufacturing    
Revenue    
Revenue $ 646.5 $ 452.5
Cost of revenue    
Cost of revenue 604.5 421.6
Maintenance Services    
Revenue    
Revenue 85.5 72.4
Cost of revenue    
Cost of revenue 79.6 71.2
Leasing & Management Services    
Revenue    
Revenue 34.5 25.8
Cost of revenue    
Cost of revenue $ 12.9 $ 10.3
[1] Restricted stock grants and restricted stock units that are considered participating securities, including some grants subject to certain performance criteria, are included in weighted average basic common shares outstanding when the Company is in a net earnings position.