CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands |
3 Months Ended |
9 Months Ended |
May 31, 2016 |
May 31, 2015 |
May 31, 2016 |
May 31, 2015 |
| Revenue |
|
|
|
|
| Sales |
$ 63,480
|
$ 64,102
|
$ 173,932
|
$ 170,772
|
| Royalties and commissions |
756
|
796
|
2,706
|
2,363
|
| Total revenues |
64,236
|
64,898
|
176,638
|
173,135
|
| Costs and Expenses |
|
|
|
|
| Cost of products and services sold |
38,542
|
40,144
|
108,154
|
108,859
|
| Selling, general and administrative expenses |
11,770
|
12,125
|
33,506
|
34,260
|
| Exit costs related to idle facility (Note 15) |
662
|
|
871
|
|
| Write-down of certain assets under construction (Note 8) |
|
|
365
|
|
| Acquisition related costs (Note 14) |
|
|
|
584
|
| Operating income |
13,262
|
12,629
|
33,742
|
29,432
|
| Interest expense |
(284)
|
(266)
|
(794)
|
(810)
|
| Gain on sale of business (Note 8) |
|
|
1,031
|
|
| Other (expense) income |
(512)
|
(500)
|
876
|
266
|
| Income before income taxes |
12,466
|
11,863
|
34,855
|
28,888
|
| Income taxes |
4,935
|
4,697
|
12,903
|
10,656
|
| Net income |
7,531
|
7,166
|
21,952
|
18,232
|
| Add: net gain attributable to non-controlling interest |
|
|
|
(95)
|
| Net income attributable to Chase Corporation |
$ 7,531
|
$ 7,166
|
$ 21,952
|
$ 18,137
|
| Basic |
|
|
|
|
| Basic (in dollars per share) |
$ 0.81
|
$ 0.78
|
$ 2.38
|
$ 1.98
|
| Diluted |
|
|
|
|
| Diluted (in dollars per share) |
$ 0.80
|
$ 0.77
|
$ 2.34
|
$ 1.95
|
| Weighted average shares outstanding |
|
|
|
|
| Basic (in shares) |
9,173,252
|
9,093,602
|
9,156,805
|
9,076,386
|
| Diluted (in shares) |
9,311,798
|
9,245,953
|
9,287,809
|
9,216,731
|
| Annual cash dividends declared per share |
|
|
$ 0.65
|
$ 0.60
|