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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Feb. 28, 2025
Feb. 29, 2024
Feb. 28, 2025
Feb. 29, 2024
Revenue        
Revenue $ 762.1 $ 862.7 $ 1,638.0 $ 1,671.5
Cost of revenue        
Cost of revenue 623.5 740.5 1,325.8 1,428.0
Margin 138.6 122.2 312.2 243.5
Selling and administrative expense 64.6 63.6 126.6 119.9
Net gain on disposition of equipment (9.6) (4.9) (9.8) (4.8)
Earnings from operations 83.6 63.5 195.4 128.4
Other costs        
Interest and foreign exchange 21.7 24.6 45.1 47.8
Earnings before income tax and earnings from unconsolidated affiliates 61.9 38.9 150.3 80.6
Income tax expense (20.0) (9.3) (53.4) (19.3)
Earnings before earnings from unconsolidated affiliates 41.9 29.6 96.9 61.3
Earnings from unconsolidated affiliates 4.3 4.0 8.4 5.5
Net earnings 46.2 33.6 105.3 66.8
Net (earnings) loss attributable to noncontrolling interest 5.7 (0.2) 1.9 (2.2)
Net earnings attributable to Greenbrier $ 51.9 $ 33.4 $ 107.2 $ 64.6
Basic earnings per common share $ 1.66 $ 1.08 $ 3.42 $ 2.08
Diluted earnings per common share [1] $ 1.56 $ 1.03 $ 3.28 $ 1.99
Weighted average common shares:        
Basic 31,376 31,117 31,311 31,071
Diluted 33,228 32,570 32,745 32,676
Manufacturing        
Revenue        
Revenue $ 700.3 $ 811.0 $ 1,520.7 $ 1,570.7
Cost of revenue        
Cost of revenue 605.4 725.4 1,285.8 1,397.9
Leasing & Fleet Management        
Revenue        
Revenue 61.8 51.7 117.3 100.8
Cost of revenue        
Cost of revenue $ 18.1 $ 15.1 $ 40.0 $ 30.1
[1] Diluted earnings per share for the three and six months ended February 29, 2024 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