CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
May 31, 2016
Aug. 31, 2015
Current assets    
Cash and cash equivalents $ 137,089 $ 168,846
Accounts receivable, net 200,102 193,081
Inventories, net 138,456 142,752
Deferred income taxes 0 12,922
Other current assets 60,086 42,788
Total current assets 535,733 560,389
Property, plant and equipment    
Land, buildings and improvements 44,350 48,515
Machinery and equipment 277,174 269,983
Gross property, plant and equipment 321,524 318,498
Less: Accumulated depreciation (203,296) (176,040)
Property, plant and equipment, net 118,228 142,458
Goodwill 529,421 608,256
Other intangibles, net 255,921 308,762
Other long-term assets 28,117 17,052
Total assets 1,467,420 1,636,917
Current liabilities    
Trade accounts payable 120,100 118,115
Accrued compensation and benefits 47,432 43,707
Current maturities of debt and short-term borrowings 15,000 3,969
Income taxes payable 1,249 14,805
Other current liabilities 58,880 54,460
Total current liabilities 242,661 235,056
Long-term debt, less current maturities 573,059 584,309
Deferred income taxes 55,532 72,941
Pension and postretirement benefit liabilities 15,689 17,828
Other long-term liabilities 56,630 53,782
Total liabilities 943,571 963,916
Shareholders’ equity    
Class A common stock, $0.20 par value per share, authorized 168,000,000 shares, issued 79,347,614 and 78,932,533 shares, respectively 15,870 15,787
Additional paid-in capital 111,535 104,308
Treasury stock, at cost, 20,326,479 and 19,726,479 shares, respectively (614,755) (600,630)
Retained earnings 1,244,602 1,367,176
Accumulated other comprehensive loss (233,403) (213,640)
Stock held in trust (2,963) (4,292)
Deferred compensation liability 2,963 4,292
Total shareholders’ equity 523,849 673,001
Total liabilities and shareholders’ equity $ 1,467,420 $ 1,636,917