|
Condensed Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified
|
Nov. 30, 2012
|
Aug. 31, 2012
|
| Current assets: |
|
|
| Cash and cash equivalents |
$ 121 |
$ 154 |
| Trade accounts receivable, net |
38,860 |
36,464 |
| Inventories |
39,855 |
43,672 |
| Prepaid expenses |
2,519 |
2,826 |
| Material and supplies |
4,144 |
3,980 |
| Income tax receivable |
177 |
188 |
| Other |
4,534 |
4,681 |
| Total current assets |
90,210 |
91,965 |
| Property, plant and equipment, net |
112,390 |
113,191 |
| Restricted cash value of life insurance |
7,858 |
7,858 |
| Deferred tax assets |
12,078 |
13,108 |
| Other assets |
1,511 |
1,612 |
| Other intangible assets, net |
428 |
467 |
| Goodwill, net |
7,978 |
7,978 |
| Total assets |
232,453 |
236,179 |
| Current liabilities: |
|
|
| Cash overdraft, net |
5,600 |
7,337 |
| Current portion of long-term debt and capital lease obligations |
400 |
458 |
| Accounts payable |
19,687 |
19,201 |
| Accrued and other liabilities |
6,563 |
9,142 |
| Total current liabilities |
32,250 |
36,138 |
| Long-term debt and capital lease obligations |
82,954 |
84,004 |
| Other postretirement benefits |
19,852 |
19,707 |
| Pension benefit liability |
21,348 |
20,917 |
| Other liabilities |
6,670 |
6,563 |
| Total liabilities |
163,074 |
167,329 |
| Shareholders' equity: |
|
|
| Common stock, par value $1.00 per share, authorized 29,000 shares, issued 14,333 and 14,342 shares, respectively, including treasury shares |
14,301 |
14,281 |
| Preferred stock, par value $1.00 per share, authorized 1,000 shares, none issued |
|
|
| Additional paid-in capital |
103,601 |
103,205 |
| Retained earnings (deficit) |
1,349 |
(286) |
| Treasury stock, at cost, 1,981 shares |
(32,757) |
(32,757) |
| Accumulated other comprehensive loss |
(17,115) |
(15,593) |
| Total shareholders' equity |
69,379 |
68,850 |
| Total liabilities and shareholders' equity |
$ 232,453 |
$ 236,179 |