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Income Taxes (Tables)

12 Months Ended

Aug. 31, 2016

Income Taxes [Abstract]

Schedule Of Earnings Before Income Taxes


		For the years ended August 31,
($ in thousands)		2016			2015			2014
United States		$	17,805		$	49,668		$	70,066
Foreign			11,483			(2,917)			8,589
		$	29,288		$	46,751		$	78,655




Schedule Of Significant Components Of Income Tax Provision


		For the years ended August 31,
($ in thousands)		2016			2015			2014
Current:
     Federal		$	10,570		$	15,908		$	29,015
     State			976			1,426			2,176
     Foreign			3,230			2,830			4,147
Total current			14,776			20,164			35,338
Deferred:
     Federal			(5,456)			(406)			(6,936)
     State			(268)			45			(346)
     Foreign			(31)			639			(913)
Total deferred			(5,755)			278			(8,195)
     Total income tax provision		$	9,021		$	20,442		$	27,143




Schedule of Effective Income Tax Rate Reconciliation


		For the years ended August 31,
($ in thousands)		2016					2015					2014
		Amount			%		Amount			%		Amount			%
U.S. statutory rate		$	10,251		35.0		$	16,363		35.0		$	27,529		35.0
State and local taxes, net of federal tax benefit			350		1.2			911		1.9			1,067		1.4
Foreign tax rate differences			(377)		(1.3)			1,311		2.8			(116)		(0.1)
Domestic production activities deduction			(960)		(3.3)			(1,548)		(3.3)			(2,170)		(2.8)
Deferred tax asset valuation allowance			—		—			2,949		6.3			—		—
Other			(243)		(0.8)			456		1.0			833		1.0
Effective rate		$	9,021		30.8		$	20,442		43.7		$	27,143		34.5






Schedule of Deferred Tax Assets and Liabilities


		August 31,
($ in thousands)		2016			2015
Deferred tax assets:
     Deferred revenue		$	1,501		$	1,411
     Net operating loss carry forwards			1,174			1,703
     Defined benefit pension plan			2,917			2,754
     Share-based compensation			1,839			1,814
     State tax credits			—			87
     Inventory			1,758			1,883
     Warranty			2,708			2,672
     Vacation			356			181
     Accrued expenses and allowances			16,289			12,135
     Other			378			527
Gross deferred tax assets			28,920			25,167
     Valuation allowance			(2,825)			(2,949)
Net deferred tax assets		$	26,095		$	22,218

Deferred tax liabilities:
     Intangible assets			(16,426)			(17,514)
     Property, plant, and equipment			(6,605)			(6,687)
     Inventory			(63)			(83)
Total deferred tax liabilities			(23,094)			(24,284)

     Net deferred tax assets (liabilities)		$	3,001		$	(2,066)




Schedule of Unrecognized Tax Benefits Roll Forward


		August 31,
($ in thousands)		2016			2015
Unrecognized tax benefits at September 1		$	3,836		$	3,611
  Increases for positions taken in current year			33			57
  Increases for positions taken in prior years			153			547
  Reduction resulting from lapse of applicable statute of limitations			(299)			(122)
  Decreases for positions taken in prior years			—			(257)
  Decreases for settlements with tax authorities			(2,463)			—
Unrecognized tax benefits at August 31		$	1,260		$	3,836




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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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-Name Accounting Standards Codification
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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure of the change in unrecognized tax benefits.

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