XML 21 R3.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Feb. 28, 2019
Feb. 28, 2018
Feb. 28, 2019
Feb. 28, 2018
Income Statement [Abstract]        
Revenues $ 6,483,539 $ 6,980,153 $ 14,967,828 $ 15,012,037
Cost of goods sold 6,056,126 6,845,184 14,069,774 14,556,576
Gross profit 427,413 134,969 898,054 455,461
Marketing, general and administrative 177,429 187,558 339,925 327,904
Reserve and impairment charges (recoveries), net 339 (11,346) (6,014) (15,133)
Operating earnings (loss) 249,645 (41,243) 564,143 142,690
(Gain) loss on disposal of business 0 (7,705) (1,412) (7,705)
Interest Expense 41,269 40,176 80,177 80,878
Other (income) loss (11,763) (12,544) (35,485) (38,739)
Equity (income) loss from investments (41,716) (39,441) (108,224) (77,803)
Income (loss) before income taxes 261,855 (21,729) 629,087 186,059
Income tax expense (benefit) 13,551 (187,688) 33,668 (167,082)
Net income (loss) 248,304 165,959 595,419 353,141
Net income (loss) attributable to noncontrolling interests (462) (48) (851) (512)
Net income (loss) attributable to CHS Inc. $ 248,766 $ 166,007 $ 596,270 $ 353,653