XML 46 R29.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Acquisitions (Tables) | 12 Months Ended
--- | ---
Aug. 31, 2016
Business Combinations [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | The following table summarizes the estimated fair value of the assets acquired and the liabilities assumed, at the date of acquisition, for these businesses (in thousands):
| Total
Accounts receivable, net | $ | 20,439 |
Inventories | 1,997 |
Other assets | 505 |
Property, plant & equipment | 12,315 |
Goodwill | 45,967 |
Other intangible assets | 13,517 |
Trade accounts payable | (8,938 | )
Other liabilities | (1,225 | )
Deferred income tax liability | (2,661 | )
Cash paid, net of cash acquired | $ | 81,916 |
Proforma Results of Operations | The following unaudited pro forma operating results give effect to these three acquisitions as though the transactions and related financing activities had occurred on September 1, 2013 (in thousands, except per share amounts).
|  | 2016 |  | 2015 |  | 2014
Net Sales |  |  |  |  |  |
As reported |  | $ | 1,149,410 |  |  | $ | 1,249,254 |  |  | $ | 1,399,862 |
Pro forma |  | 1,175,304 |  |  | 1,275,965 |  |  | 1,450,014 |
Earnings (loss) from continuing operations |  |  |  |  |  |
As reported |  | $ | (105,174 | ) |  | $ | 19,872 |  |  | $ | 141,453 |
Pro forma |  | (100,927 | ) |  | 20,553 |  |  | 142,124 |
Basic earnings (loss) per share from continuing operations |  |  |  |  |  |
As reported |  | $ | (1.78 | ) |  | $ | 0.32 |  |  | $ | 1.99 |
Pro forma |  | (1.71 | ) |  | 0.34 |  |  | 2.00 |
Diluted earnings (loss) per share from continuing operations |  |  |  |  |  |
As reported |  | $ | (1.78 | ) |  | $ | 0.32 |  |  | $ | 1.95 |
Pro forma |  | (1.71 | ) |  | 0.33 |  |  | 1.96 |

X
- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=56956515&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=56956791&loc=d3e4845-128472 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration