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Income Taxes
 6 Months Ended
Feb. 28, 2013
Income Taxes [Abstract]  
Income Taxes

 

Note 4 – Income Taxes

The Company recorded income tax expense of $10.1 million and $17.8 million for the three and six months ended February 28, 2013, respectively.  The Company recorded income tax expense of $6.7 million and $8.2 million for the three and six months ended February 29, 2012, respectively.  The estimated annual effective income tax rate used to calculate income tax expense was 34.3 percent and 34.2 percent for the year-to-date periods ended February 28, 2013 and February 29, 2012, respectively. The increase in the estimated annual effective income tax rate from February 2012 to February 2013 primarily relates to incremental foreign taxes less certain tax credits retroactively reinstated in the three months ended February 28, 2013.  The Company recorded no material discrete items for the six months ended February 28, 2013 and February 29, 2012.