XML 15 R4.htm IDEA: XBRL DOCUMENT v3.23.4
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Nov. 30, 2023
Nov. 30, 2022
Revenue    
Revenue $ 808.8 $ 766.5
Cost of revenue    
Cost of revenue 687.5 697.0
Margin 121.3 69.5
Selling and administrative expense 56.3 53.4
Net loss (gain) on disposition of equipment 0.1 (3.3)
Impairment of long-lived assets   24.2
Earnings (loss) from operations 64.9 (4.8)
Other costs    
Interest and foreign exchange 23.2 19.6
Earnings (loss) before income tax and earnings from unconsolidated affiliates 41.7 (24.4)
Income tax (expense) benefit (10.0) 3.8
Earnings (loss) before earnings from unconsolidated affiliates 31.7 (20.6)
Earnings from unconsolidated affiliates 1.5 3.3
Net earnings (loss) 33.2 (17.3)
Net (earnings) loss attributable to noncontrolling interest (2.0) 0.6
Net earnings (loss) attributable to Greenbrier $ 31.2 $ (16.7)
Basic earnings (loss) per common share $ 1.00 $ (0.51)
Diluted earnings (loss) per common share [1] $ 0.96 $ (0.51)
Weighted average common shares:    
Basic 31,025 32,719
Diluted 32,782 32,719
Manufacturing    
Revenue    
Revenue $ 675.9 $ 646.5
Cost of revenue    
Cost of revenue 600.9 604.5
Maintenance Services    
Revenue    
Revenue 83.8 85.5
Cost of revenue    
Cost of revenue 71.6 79.6
Leasing & Management Services    
Revenue    
Revenue 49.1 34.5
Cost of revenue    
Cost of revenue $ 15.0 $ 12.9
[1] Diluted earnings per share was calculated as follows:

Earnings before interest and debt issuance costs on the 2.875% convertible notes due 2024

Weighted average diluted common shares outstanding