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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Nov. 30, 2024
Nov. 30, 2023
Revenue    
Revenue $ 875.9 $ 808.8
Cost of revenue    
Cost of revenue 702.3 687.5
Margin 173.6 121.3
Selling and administrative expense 62.0 56.3
Net (gain) loss on disposition of equipment (0.2) 0.1
Earnings from operations 111.8 64.9
Other costs    
Interest and foreign exchange 23.4 23.2
Earnings before income tax and earnings from unconsolidated affiliates 88.4 41.7
Income tax expense (33.4) (10.0)
Earnings before earnings from unconsolidated affiliates 55.0 31.7
Earnings from unconsolidated affiliates 4.1 1.5
Net earnings 59.1 33.2
Net earnings attributable to noncontrolling interest (3.8) (2.0)
Net earnings attributable to Greenbrier $ 55.3 $ 31.2
Basic earnings per common share $ 1.77 $ 1
Diluted earnings per common share [1] $ 1.72 $ 0.96
Weighted average common shares:    
Basic 31,246 31,025
Diluted 32,223 32,782
Manufacturing    
Revenue    
Revenue $ 820.4 $ 759.7
Cost of revenue    
Cost of revenue 680.4 672.5
Leasing & Fleet Management    
Revenue    
Revenue 55.5 49.1
Cost of revenue    
Cost of revenue $ 21.9 $ 15.0
[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