XML 48 R40.htm IDEA: XBRL DOCUMENT
v3.24.2

Segment Information (Tables) | 9 Months Ended
--- | ---
May 31, 2024
Segment Reporting [Abstract] |
Segments Internal Financial Reports | The information in the following table is derived directly from the segments’ internal financial reports used for corporate management purposes. For the three months ended May 31, 2024:
|  | Revenue |  |  | Earnings (loss) from operations |
(in millions) |  | External |  |  | Intersegment |  |  | Total |  |  | External |  |  | Intersegment |  |  | Total |
Manufacturing |  | $ | 685.1 |  |  | $ | 70.8 |  |  | $ | 755.9 |  |  | $ | 54.2 |  |  | $ | 11.9 |  |  | $ | 66.1 |
Maintenance Services |  |  | 69.9 |  |  |  | 16.9 |  |  |  | 86.8 |  |  |  | 5.9 |  |  |  | — |  |  |  | 5.9 |
Leasing & Management Services |  |  | 65.2 |  |  |  | 0.2 |  |  |  | 65.4 |  |  |  | 40.5 |  |  |  | — |  |  |  | 40.5 |
Eliminations |  |  | — |  |  |  | (87.9 | ) |  |  | (87.9 | ) |  |  | — |  |  |  | (11.9 | ) |  |  | (11.9 | )
Corporate |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (28.3 | ) |  |  | — |  |  |  | (28.3 | )
|  | $ | 820.2 |  |  | $ | — |  |  | $ | 820.2 |  |  | $ | 72.3 |  |  | $ | — |  |  | $ | 72.3 |
For the nine months ended May 31, 2024:
|  | Revenue |  |  | Earnings (loss) from operations |
(in millions) |  | External |  |  | Intersegment |  |  | Total |  |  | External |  |  | Intersegment |  |  | Total |
Manufacturing |  | $ | 2,096.8 |  |  | $ | 190.8 |  |  | $ | 2,287.6 |  |  | $ | 167.3 |  |  | $ | 20.3 |  |  | $ | 187.6 |
Maintenance Services |  |  | 228.9 |  |  |  | 35.2 |  |  |  | 264.1 |  |  |  | 21.1 |  |  |  | — |  |  |  | 21.1 |
Leasing & Management Services |  |  | 166.0 |  |  |  | 0.7 |  |  |  | 166.7 |  |  |  | 100.0 |  |  |  | 0.1 |  |  |  | 100.1 |
Eliminations |  |  | — |  |  |  | (226.7 | ) |  |  | (226.7 | ) |  |  | — |  |  |  | (20.4 | ) |  |  | (20.4 | )
Corporate |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (87.7 | ) |  |  | — |  |  |  | (87.7 | )
|  | $ | 2,491.7 |  |  | $ | — |  |  | $ | 2,491.7 |  |  | $ | 200.7 |  |  | $ | — |  |  | $ | 200.7 |
For the three months ended May 31, 2023:
|  | Revenue |  |  | Earnings (loss) from operations |
(in millions) |  | External |  |  | Intersegment |  |  | Total |  |  | External |  |  | Intersegment |  |  | Total |
Manufacturing |  | $ | 870.2 |  |  | $ | 73.3 |  |  | $ | 943.5 |  |  | $ | 44.1 |  |  | $ | 7.9 |  |  | $ | 52.0 |
Maintenance Services |  |  | 122.9 |  |  |  | 11.0 |  |  |  | 133.9 |  |  |  | 11.0 |  |  |  | — |  |  |  | 11.0 |
Leasing & Management Services |  |  | 45.0 |  |  |  | 0.3 |  |  |  | 45.3 |  |  |  | 25.9 |  |  |  | — |  |  |  | 25.9 |
Eliminations |  |  | — |  |  |  | (84.6 | ) |  |  | (84.6 | ) |  |  | — |  |  |  | (7.9 | ) |  |  | (7.9 | )
Corporate |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (30.3 | ) |  |  | — |  |  |  | (30.3 | )
|  | $ | 1,038.1 |  |  | $ | — |  |  | $ | 1,038.1 |  |  | $ | 50.7 |  |  | $ | — |  |  | $ | 50.7 |
For the nine months ended May 31, 2023:
|  | Revenue |  |  | Earnings (loss) from operations |
(in millions) |  | External |  |  | Intersegment |  |  | Total |  |  | External |  |  | Intersegment |  |  | Total |
Manufacturing |  | $ | 2,485.3 |  |  | $ | 214.6 |  |  | $ | 2,699.9 |  |  | $ | 87.3 |  |  | $ | 20.7 |  |  | $ | 108.0 |
Maintenance Services |  |  | 306.4 |  |  |  | 25.7 |  |  |  | 332.1 |  |  |  | 23.3 |  |  |  | — |  |  |  | 23.3 |
Leasing & Management Services |  |  | 134.9 |  |  |  | 1.0 |  |  |  | 135.9 |  |  |  | 82.2 |  |  |  | 0.1 |  |  |  | 82.3 |
Eliminations |  |  | — |  |  |  | (241.3 | ) |  |  | (241.3 | ) |  |  | — |  |  |  | (20.8 | ) |  |  | (20.8 | )
Corporate |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (79.5 | ) |  |  | — |  |  |  | (79.5 | )
|  | $ | 2,926.6 |  |  | $ | — |  |  | $ | 2,926.6 |  |  | $ | 113.3 |  |  | $ | — |  |  | $ | 113.3 |
|  | Total assets |
(in millions) |  | May 31, 2024 |  |  | August 31, 2023 |
Manufacturing |  | $ | 1,812.5 |  |  | $ | 1,847.0 |
Maintenance Services |  |  | 286.7 |  |  |  | 294.4 |
Leasing & Management Services |  |  | 1,669.1 |  |  |  | 1,458.1 |
Unallocated, including cash |  |  | 347.5 |  |  |  | 378.9 |
|  | $ | 4,115.8 |  |  | $ | 3,978.4 |
Reconciliation of Earnings (Loss) from Operations to Earnings Before Income Tax and Earnings from Unconsolidated Affiliates | Reconciliation of Earnings from operations to Earnings before income tax and earnings from unconsolidated affiliates:
|  | Three months ended May 31, |  |  | Nine months ended May 31, |
(in millions) |  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Earnings from operations |  | $ | 72.3 |  |  | $ | 50.7 |  |  | $ | 200.7 |  |  | $ | 113.3 |
Interest and foreign exchange |  |  | 24.7 |  |  |  | 22.8 |  |  |  | 72.5 |  |  |  | 64.0 |
Earnings before income tax and earnings from unconsolidated affiliates |  | $ | 47.6 |  |  | $ | 27.9 |  |  | $ | 128.2 |  |  | $ | 49.3 |

X
- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration