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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Nov. 30, 2024
Nov. 30, 2023
Cash flows from operating activities    
Net earnings $ 59.1 $ 33.2
Adjustments to reconcile net earnings to net cash used in operating activities:    
Deferred income taxes (1.4) (29.3)
Depreciation and amortization 29.2 26.8
Net (gain) loss on disposition of equipment (0.2) 0.1
Stock based compensation expense 4.2 3.4
Noncontrolling interest adjustments 4.4 0.4
Other 0.9 0.9
Decrease (increase) in assets:    
Accounts receivable, net (65.3) 72.6
Income tax receivable 18.4 31.7
Inventories (0.4) (61.6)
Leased railcars for syndication (83.3) (20.0)
Other assets 1.9 4.9
Increase (decrease) in liabilities:    
Accounts payable and accrued liabilities (20.8) (103.2)
Deferred revenue (11.8) (4.6)
Net cash used in operating activities (65.1) (44.7)
Cash flows from investing activities    
Proceeds from sales of assets 0.6 0.4
Capital expenditures (59.1) (68.3)
Cash distribution from unconsolidated affiliates and other 4.8 0.6
Net cash used in investing activities (53.7) (67.3)
Cash flows from financing activities    
Net change in revolving notes with maturities of 90 days or less 122.0 31.0
Proceeds from revolving notes with maturities longer than 90 days 5.0 90.1
Repayments of revolving notes with maturities longer than 90 days (31.2) (139.9)
Proceeds from issuance of notes payable 0.2 178.6
Repayments of notes payable (10.8) (9.7)
Debt issuance costs (0.9) (2.5)
Repurchase of stock   (1.3)
Dividends (10.4) (10.3)
Cash distribution to joint venture partner (5.0)  
Tax payments for net share settlement of restricted stock (5.5) (5.2)
Net cash provided by financing activities 63.4 130.8
Effect of exchange rate changes (0.3) (0.2)
Increase (decrease) in Cash and cash equivalents and Restricted cash (55.7) 18.6
Cash and cash equivalents and Restricted cash    
Cash and cash equivalents and restricted cash, Beginning balance 368.6 302.7
Cash and cash equivalents and restricted cash, Ending balance 312.9 321.3
Balance sheet reconciliation    
Cash and cash equivalents 300.0 307.3
Restricted cash 12.9 14.0
Total Cash and cash equivalents and Restricted cash as presented above 312.9 321.3
Cash paid during the period for    
Interest 17.8 22.4
Income taxes paid, net 8.1 7.9
Non-cash activity    
Transfers between Leased railcars for syndication and Inventories and Equipment on operating leases, net 14.2 50.7
Capital expenditures accrued in Accounts payable and accrued liabilities 8.5 4.5
Change in Accounts payable and accrued liabilities associated with dividends declared $ 0.6 $ (0.7)