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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Feb. 29, 2024
Feb. 28, 2023
Feb. 29, 2024
Feb. 28, 2023
Income Statement [Abstract]        
Net sales $ 905.9 $ 943.6 $ 1,840.6 $ 1,941.5
Cost of products sold 493.5 536.9 999.8 1,118.3
Gross profit 412.4 406.7 840.8 823.2
Selling, distribution, and administrative expenses 294.3 295.2 589.8 595.9
Special charges 0.0 0.0 0.0 6.9
Operating profit 118.1 111.5 251.0 220.4
Other expense:        
Interest (income) expense, net (0.1) 5.7 0.8 12.3
Miscellaneous expense (income), net 0.6 (3.7) 1.7 5.4
Total other expense 0.5 2.0 2.5 17.7
Income before income taxes 117.6 109.5 248.5 202.7
Income tax expense 28.4 26.3 58.7 44.6
Net income $ 89.2 $ 83.2 $ 189.8 $ 158.1
Earnings per share        
Basic earnings per share (in dollars per share) [1] $ 2.89 $ 2.60 $ 6.13 $ 4.91
Basic weighted average number of shares outstanding (in shares) [1] 30,864 32,048 30,940 32,178
Diluted earnings per share (in dollars per share) [1] $ 2.84 $ 2.57 $ 6.05 $ 4.86
Diluted weighted average number of shares outstanding (in shares) [1] 31,399 32,386 31,388 32,545
Dividends declared per share (in dollars per share) [1] $ 0.15 $ 0.13 $ 0.28 $ 0.26
Comprehensive income:        
Net income $ 89.2 $ 83.2 $ 189.8 $ 158.1
Other comprehensive income (loss) items:        
Foreign currency translation adjustments 0.7 (1.1) (1.4) (2.6)
Defined benefit plans, net of tax 0.7 1.0 1.3 2.1
Other comprehensive income (loss) items, net of tax 1.4 (0.1) (0.1) (0.5)
Comprehensive income $ 90.6 $ 83.1 $ 189.7 $ 157.6
[1] Earnings per share is calculated using unrounded numbers. Amounts in the table may not recalculate exactly due to rounding.