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Quarterly Financial Data (Unaudited)
 12 Months Ended
Aug. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited) Quarterly Financial Data (Unaudited)
 
Fiscal Year 2019
(In millions)
1st Quarter
 
2nd Quarter
 
3rd Quarter
 
4th Quarter
Net sales
$
932.6

 
$
854.4

 
$
947.6

 
$
938.1

Gross profit
$
367.5

 
$
333.9

 
$
383.6

 
$
394.7

Net income
$
79.6

 
$
66.3

 
$
88.4

 
$
96.1

Basic earnings per share
$
1.99

 
$
1.68

 
$
2.23

 
$
2.43

Diluted earnings per share
$
1.98

 
$
1.67

 
$
2.22

 
$
2.42

 
Fiscal Year 2018
(In millions)
1st Quarter
 
2nd Quarter
 
3rd Quarter
 
4th Quarter
Net sales
$
842.8

 
$
832.1

 
$
944.0

 
$
1,061.2

Gross profit (1)
$
349.9

 
$
334.5

 
$
389.1

 
$
411.9

Net income
$
71.5

 
$
96.9

 
$
73.0

 
$
108.2

Basic earnings per share
$
1.71

 
$
2.34

 
$
1.81

 
$
2.71

Diluted earnings per share
$
1.70

 
$
2.33

 
$
1.80

 
$
2.70


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(1) 
Fiscal 2018 quarterly gross profit amounts have been retrospectively adjusted to reflect the impact of ASU 2017-07 to our interim periods. See the New Accounting Pronouncements footnote for further details.
Certain amounts in the tables above have been rounded. Accordingly, the sum of the quarters may not be an exact match to the full year amounts.