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Business Segment, Geographic and Customer Information (Tables) | 12 Months Ended
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Aug. 31, 2016
Segment Reporting [Abstract] |
Summary of Financial Information by Reportable Segment and Product Line | The following tables summarize financial information by reportable segment and product line (in thousands):
|  | Year Ended August 31,
|  | 2016 |  | 2015 |  | 2014
Net Sales by Reportable Product Line & Segment: |  |  |  |  |  |
Industrial Segment: |  |  |  |  |  |
Integrated Solutions |  | $ | 44,985 |  |  | $ | 47,294 |  |  | $ | 52,962 |
Industrial Tools |  | 314,832 |  |  | 355,170 |  |  | 360,940 |
|  | 359,817 |  |  | 402,464 |  |  | 413,901 |
Energy Segment: |  |  |  |  |  |
Energy Maintenance & Integrity |  | 278,881 |  |  | 246,357 |  |  | 267,500 |
Other Energy Services |  | 113,849 |  |  | 165,518 |  |  | 194,869 |
|  | 392,731 |  |  | 411,875 |  |  | 462,368 |
Engineered Solutions Segment: |  |  |  |  |  |
On-Highway |  | 209,575 |  |  | 220,889 |  |  | 272,201 |
Agriculture, Off-Highway and Other |  | 187,287 |  |  | 214,026 |  |  | 251,391 |
|  | 396,862 |  |  | 434,915 |  |  | 523,592 |
|  | $ | 1,149,410 |  |  | $ | 1,249,254 |  |  | $ | 1,399,862 |
Operating Profit (Loss): |  |  |  |  |  |  |  |  |
Industrial |  | $ | 79,773 |  |  | $ | 105,652 |  |  | $ | 120,250 |
Energy (1) |  | (107,528 | ) |  | (41,351 | ) |  | 56,412 |
Engineered Solutions (2) |  | (42,991 | ) |  | 19,789 |  |  | 55,430 |
Corporate |  | (29,471 | ) |  | (30,536 | ) |  | (28,984 | )
|  | $ | (100,217 | ) |  | $ | 53,554 |  |  | $ | 203,108 |
(1) Energy segment operating profit (loss) includes impairment charges of $140.9 million and $84.4 million in fiscal 2016 and 2015, respectively. (2) Engineered Solutions segment operating profit (loss) includes an impairment charge of $45.7 million in fiscal 2016.
Depreciation and Amortization: |  |  |  |  |  |
Industrial |  | $ | 8,175 |  |  | $ | 8,257 |  |  | $ | 7,597 |
Energy |  | 21,944 |  |  | 26,532 |  |  | 33,983 |
Engineered Solutions |  | 15,910 |  |  | 16,652 |  |  | 17,602 |
Corporate |  | 1,749 |  |  | 1,798 |  |  | 1,453 |
|  | $ | 47,777 |  |  | $ | 53,239 |  |  | $ | 60,635 |
Capital Expenditures |  |  |  |  |  |  |  |  |
Industrial |  | $ | 2,570 |  |  | $ | 1,249 |  |  | $ | 3,349 |
Energy |  | 9,355 |  |  | 11,864 |  |  | 26,787 |
Engineered Solutions |  | 5,974 |  |  | 8,472 |  |  | 8,763 |
Corporate |  | 2,310 |  |  | 931 |  |  | 2,958 |
|  | $ | 20,209 |  |  | $ | 22,516 |  |  | $ | 41,857 |
|  | August 31,
|  | 2016 |  | 2015
Assets: |  |  |  |  |  |
Industrial |  | $ | 308,222 |  |  | $ | 293,738 |
Energy |  | 479,169 |  |  | 601,521 |
Engineered Solutions |  | 493,840 |  |  | 588,200 |
Corporate |  | 161,307 |  |  | 153,458 |
|  | $ | 1,442,538 |  |  | $ | 1,636,917 |
Financial Information From Continuing Operations By Geographic Region | The following tables summarize sales and long-lived assets (fixed assets and other long-term assets) by geographic region (in thousands):
|  | Year Ended August 31,
|  | 2016 |  | 2015 |  | 2014
Net Sales: |  |  |  |  |  |  |  |  |
United States |  | $ | 477,670 |  |  | $ | 526,061 |  |  | $ | 573,590 |
Netherlands |  | 143,517 |  |  | 139,432 |  |  | 151,549 |
United Kingdom |  | 115,183 |  |  | 113,743 |  |  | 162,508 |
Australia |  | 62,779 |  |  | 94,319 |  |  | 82,778 |
United Arab Emirates |  | 55,906 |  |  | 44,211 |  |  | 18,101 |
All other |  | 294,355 |  |  | 331,488 |  |  | 411,336 |
|  | $ | 1,149,410 |  |  | $ | 1,249,254 |  |  | $ | 1,399,862 |
|  | August 31,
|  | 2016 |  | 2015
Long-lived Assets: |  |  |  |
United States |  | $ | 32,205 |  |  | $ | 41,645 |
China |  | 16,863 |  |  | 18,199 |
Australia |  | 15,399 |  |  | 15,227 |
United Kingdom |  | 9,914 |  |  | 21,704 |
United Arab Emirates |  | 8,399 |  |  | 1,104 |
All other |  | 34,399 |  |  | 47,183 |
|  | $ | 117,179 |  |  | $ | 145,062 |

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8736-108599 + Details
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