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Subsequent Event
12 Months Ended
Aug. 31, 2011
Subsequent Events [Abstract] 
Subsequent Event
Subsequent Events
Issuer Purchases of Equity Securities
During the first quarter of fiscal 2012, the Company repurchased 252,000 shares (whole units) of the Company’s outstanding common stock for total consideration of $9.2. The reacquisition of these shares completed the repurchase of the two million shares authorized by the Company's Board of Directors in July 2010. Additionally, in October 2011, the Company's Board of Directors approved the repurchase of an additional two million shares, or approximately 5%, of the Company's outstanding common stock. Under the October 2011 share repurchase program, the Company expects to acquire shares primarily through open market transactions, subject to market conditions and other factors.
Restructuring Activities
In an effort to obtain greater operating efficiencies, the Company will streamline the organization by realigning responsibilities primarily within various Selling, Distribution, and Administrative departments, resulting in a modest reduction of its workforce. The Company expects to record a pre-tax special charge related to these actions in the first quarter of fiscal 2012. The preliminary estimate for the pre-tax special charge is approximately $4.0, which consists primarily of employee severance and benefit costs. The Company expects that these actions to streamline its business activities will allow it to reduce costs, while permitting for the continued investment in future growth initiatives, such as new products, expanded market presence, and technology and innovation. The Company expects to obtain annual cost savings from the above streamlining activities. The preliminary estimate for annual savings is $10.0, including approximately $6.0 expected to be realized in fiscal 2012.