|
Consolidated Balance Sheets (Unaudited) (USD $) In Thousands, unless otherwise specified
|
Feb. 28, 2014
|
Aug. 31, 2013
|
| Current assets: |
|
|
|
|
| Cash and cash equivalents |
$ 90,053 |
|
$ 134,054 |
|
| Accounts receivable, less allowance for doubtful accounts of $10,955 at February 28, 2014 and $10,434 at August 31, 2013 |
381,872 |
|
310,749 |
|
| Inventories, lower of average cost or market |
307,122 |
|
261,658 |
|
| Prepaid expenses and other current assets |
44,015 |
|
41,224 |
|
| Total current assets |
823,062 |
|
747,685 |
|
| Property, plant and equipment, at cost: |
|
|
|
|
| Land and improvements |
26,892 |
|
27,954 |
|
| Buildings and leasehold improvements |
158,841 |
|
146,647 |
|
| Machinery and equipment |
389,424 |
|
356,144 |
|
| Furniture and fixtures |
41,399 |
|
39,065 |
|
| Construction in progress |
9,877 |
|
7,149 |
|
| Gross property, plant and equipment |
626,433 |
|
576,959 |
|
| Accumulated depreciation |
392,325 |
|
366,438 |
|
| Net property, plant and equipment |
234,108 |
|
210,521 |
|
| Other assets: |
|
|
|
|
| Deferred charges and other noncurrent assets |
54,853 |
|
48,723 |
|
| Goodwill |
185,379 |
|
139,526 |
|
| Intangible assets, net |
119,539 |
|
91,887 |
|
| Total assets |
1,416,941 |
|
1,238,342 |
|
| Current liabilities: |
|
|
|
|
| Accounts payable |
292,693 |
|
265,477 |
|
| U.S. and foreign income taxes payable |
7,782 |
|
6,423 |
|
| Accrued payroll, taxes and related benefits |
42,926 |
|
43,072 |
|
| Other accrued liabilities |
52,661 |
|
48,689 |
|
| Short-term debt |
20,572 |
|
8,373 |
|
| Total current liabilities |
416,634 |
|
372,034 |
|
| Long-term debt |
302,981 |
|
207,435 |
|
| Pension plans |
104,247 |
|
98,599 |
|
| Deferred income taxes |
23,865 |
|
20,873 |
|
| Other long-term liabilities |
26,174 |
|
24,657 |
|
| Total liabilities |
873,901 |
|
723,598 |
|
| Commitments and contingencies |
|
|
|
|
| Stockholders' equity: |
|
|
|
|
| Common stock, $1 par value, authorized - 75,000 shares, issued - 48,179 shares at February 28, 2014 and 48,094 shares at August 31, 2013 |
48,179 |
|
48,094 |
|
| Additional paid-in capital |
265,285 |
|
263,158 |
|
| Accumulated other comprehensive income (loss) |
17,396 |
[1] |
682 |
[1] |
| Retained earnings |
584,523 |
|
574,370 |
|
| Treasury stock, at cost, 18,975 shares at February 28, 2014 and 18,940 shares at August 31, 2013 |
(379,947) |
|
(378,927) |
|
| Total A. Schulman, Inc.'s stockholders' equity |
535,436 |
|
507,377 |
|
| Noncontrolling interests |
7,604 |
|
7,367 |
|
| Total equity |
543,040 |
|
514,744 |
|
| Total liabilities and equity |
$ 1,416,941 |
|
$ 1,238,342 |
|
|
|
|