XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Feb. 28, 2021
Feb. 29, 2020
Feb. 28, 2021
Feb. 29, 2020
Income Statement [Abstract]        
Net sales $ 776.6 $ 824.2 $ 1,568.6 $ 1,658.9
Cost of products sold 439.9 480.3 899.5 959.2
Gross profit 336.7 343.9 669.1 699.7
Selling, distribution, and administrative expenses 245.4 260.9 491.4 526.2
Special charges 0.3 1.6 1.0 8.5
Operating profit 91.0 81.4 176.7 165.0
Other expense:        
Interest expense, net 6.6 5.7 11.5 14.0
Miscellaneous expense, net 2.2 1.0 3.8 2.4
Total other expense 8.8 6.7 15.3 16.4
Income before income taxes 82.2 74.7 161.4 148.6
Income tax expense 19.3 17.5 38.9 34.4
Net income $ 62.9 $ 57.2 $ 122.5 $ 114.2
Earnings per share:        
Basic earnings per share (in dollars per share) $ 1.75 $ 1.45 $ 3.32 $ 2.89
Basic weighted average number of shares outstanding (in shares) 36.0 39.5 36.9 39.5
Diluted earnings per share (in dollars per share) $ 1.74 $ 1.44 $ 3.30 $ 2.88
Diluted weighted average number of shares outstanding (in shares) 36.2 39.7 37.1 39.7
Dividends declared per share (in dollars per share) $ 0.13 $ 0.13 $ 0.26 $ 0.26
Comprehensive income:        
Net income $ 62.9 $ 57.2 $ 122.5 $ 114.2
Other comprehensive income (loss) items:        
Foreign currency translation adjustments 6.7 (3.7) 11.3 (1.8)
Defined benefit plans, net of tax 1.7 1.7 3.3 3.6
Other comprehensive income (loss) items, net of tax 8.4 (2.0) 14.6 1.8
Comprehensive income $ 71.3 $ 55.2 $ 137.1 $ 116.0