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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
May 31, 2021
May 31, 2020
Cash flows from operating activities    
Net earnings (loss) $ (515) $ 79,895
Adjustments to reconcile net earnings (loss) to net cash provided by (used in) operating activities:    
Deferred income taxes 20,197 (11,450)
Depreciation and amortization 75,637 82,452
Net (gain) loss on disposition of equipment (765) (19,431)
Accretion of debt discount 4,639 4,102
Stock based compensation expense 12,468 8,265
Net loss on extinguishment of debt 4,763  
Noncontrolling interest adjustments 343 2,826
Other 1,729 568
Decrease (increase) in assets:    
Accounts receivable, net (49,160) 110,431
Income tax receivable (66,026)  
Inventories (92,294) 12,555
Leased railcars for syndication (55,532) (38,826)
Other assets 863 (59,212)
Increase (decrease) in liabilities:    
Accounts payable and accrued liabilities 18,626 (77,243)
Deferred revenue 1,189 (5,900)
Net cash provided by (used in) operating activities (123,838) 89,032
Cash flows from investing activities    
Proceeds from sales of assets 12,156 78,521
Capital expenditures (62,774) (55,326)
Investments in and advances to / repayments from unconsolidated affiliates 674 (1,500)
Cash distribution from unconsolidated affiliates and other 652 11,273
Net cash provided by (used in) investing activities (49,292) 32,968
Cash flows from financing activities    
Net change in revolving notes with maturities of 90 days or less 147,571 214,932
Proceeds from revolving notes with maturities longer than 90 days 112,000 175,000
Repayments of revolving notes with maturities longer than 90 days (286,000)  
Proceeds from issuance of notes payable 373,750  
Repayments of notes payable (308,468) (24,002)
Debt issuance costs (14,067)  
Repurchase of stock (20,000)  
Dividends (26,882) (26,344)
Investment by joint venture partner 7,000  
Cash distribution to joint venture partner (24,055) (36,152)
Tax payments for net share settlement of restricted stock (2,802) (2,266)
Net cash provided by (used in) financing activities (41,953) 301,168
Effect of exchange rate changes 9,885 (17,693)
Increase (decrease) in cash and cash equivalents and restricted cash (205,198) 405,475
Cash and cash equivalents and restricted cash    
Cash and cash equivalents and restricted cash, Beginning balance 842,087 338,487
Cash and cash equivalents and restricted cash, Ending balance 636,889 743,962
Balance sheet reconciliation    
Cash and cash equivalents 628,200 735,258
Restricted cash 8,689 8,704
Cash and cash equivalents and restricted cash, Ending balance 636,889 743,962
Cash paid during the period for    
Interest 20,670 16,757
Income taxes, net 9,940 36,393
Non-cash activity    
Transfer from Leased railcars for syndication and Inventories to Equipment on operating leases, net 78,124 55,739
Capital expenditures accrued in Accounts payable and accrued liabilities 1,943 2,769
Change in Accounts payable and accrued liabilities associated with dividends declared 179 (102)
Conversion of unconsolidated affiliate note receivable to Investment in unconsolidated affiliates   4,760
Change in Accounts payable and accrued liabilities associated with cash distributions to joint venture partner $ 1,075 $ 1,401