XML 45 R28.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Summary of Significant Accounting Policies (Tables) | 12 Months Ended
--- | ---
Aug. 31, 2016
Accounting Policies [Abstract] |
Restructuring and Related Costs | The following is a rollforward of fiscal 2016 restructuring activities, by segment, (in thousands):
|  | Industrial |  | Energy |  | Engineered Solutions |  | Corporate |  | Total
Balance as of August 31, 2015 |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Restructuring charges |  | 3,158 |  |  | 5,544 |  |  | 5,411 |  |  | 458 |  |  | 14,571 |
Cash payments |  | (1,772 | ) |  | (2,345 | ) |  | (3,199 | ) |  | (203 | ) |  | (7,519 | )
Non-cash uses of reserve |  | (54 | ) |  | (166 | ) |  | (364 | ) |  | (209 | ) |  | (793 | )
Impact of changes in foreign currency rates |  | 11 |  |  | (12 | ) |  | 15 |  |  | — |  |  | 14 |
Balance as of August 31, 2016 |  | $ | 1,343 |  |  | $ | 3,021 |  |  | $ | 1,863 |  |  | $ | 46 |  |  | $ | 6,273 |
Reconciliation of Changes in Accrued Product Warranty | Product Warranty Costs: The Company generally offers its customers a warranty on products sold, although warranty periods may vary by product type and application. The reserve for future warranty claims is based on historical claim rates and current warranty cost experience. The following is a rollforward of the changes in product warranty reserves for fiscal years 2016 and 2015 (in thousands):
|  | 2016 |  | 2015
Beginning balance |  | $ | 3,719 |  |  | $ | 4,056 |
Warranty reserve of acquired businesses |  | 3 |  |  | — |
Provision for warranties |  | 5,985 |  |  | 4,929 |
Warranty payments and costs incurred |  | (4,058 | ) |  | (5,009 | )
Impact of changes in foreign currency rates |  | (57 | ) |  | (257 | )
Ending balance |  | $ | 5,592 |  |  | $ | 3,719 |

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

X
- Definition Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=51674963&loc=d3e12565-110249 + Details
Name: | us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140904-122747 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140864-122747 + Details
Name: | us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration