|
Condensed Consolidated Statements of Earnings (USD $)
In Thousands, except Per Share data |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
May 31, 2011
|
May 31, 2010
|
May 31, 2011
|
May 31, 2010
|
|
| Condensed Consolidated Statements of Earnings | Â | Â | Â | Â |
| Net sales | $ 392,777 | $ 310,068 | $ 1,041,887 | $ 850,146 |
| Cost of products sold | 238,739 | 193,882 | 640,969 | 537,474 |
| Gross profit | 154,038 | 116,186 | 400,918 | 312,672 |
| Selling, administrative and engineering expenses | 88,304 | 69,452 | 242,858 | 199,012 |
| Restructuring charges | 862 | 1,356 | 1,595 | 13,409 |
| Amortization of intangible assets | 6,871 | 5,285 | 19,846 | 16,071 |
| Operating profit | 58,001 | 40,093 | 136,619 | 84,180 |
| Financing costs, net | 7,850 | 7,779 | 23,640 | 24,115 |
| Other expense, net | 331 | 315 | 1,276 | 362 |
| Earnings from continuing operations before income tax | 49,820 | 31,999 | 111,703 | 59,703 |
| Income tax expense | 11,460 | 3,706 | 24,540 | 10,255 |
| Earnings from continuing operations | 38,360 | 28,293 | 87,163 | 49,448 |
| Loss from discontinued operations, net of income taxes | (2,002) | (6,458) | (16,986) | (8,602) |
| Net earnings | $ 36,358 | $ 21,835 | $ 70,177 | $ 40,846 |
| Earnings from continuing operations per share: | Â | Â | Â | Â |
| Basic | $ 0.56 | $ 0.42 | $ 1.28 | $ 0.73 |
| Diluted | $ 0.51 | $ 0.39 | $ 1.17 | $ 0.69 |
| Earnings per share: | Â | Â | Â | Â |
| Basic | $ 0.53 | $ 0.32 | $ 1.03 | $ 0.60 |
| Diluted | $ 0.49 | $ 0.30 | $ 0.95 | $ 0.57 |
| Weighted average common shares outstanding: | Â | Â | Â | Â |
| Basic | 68,354 | 67,642 | 68,208 | 67,593 |
| Diluted | 75,571 | 74,389 | 75,314 | 74,156 |