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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Millions
3 Months Ended 6 Months Ended
Feb. 28, 2018
Feb. 28, 2017
Feb. 28, 2018
Feb. 28, 2017
Income Statement [Abstract]        
Net sales $ 832,100,000 $ 804,700,000 $ 1,674,900,000 $ 1,655,900,000
Cost of products sold 497,200,000 468,900,000 989,800,000 960,500,000
Gross profit 334,900,000 335,800,000 685,100,000 695,400,000
Selling, distribution, and administrative expenses 246,300,000 227,800,000 477,700,000 459,600,000
Special charge 600,000 0 800,000 1,200,000
Operating profit 88,000,000 108,000,000 206,600,000 234,600,000
Other expense (income):        
Interest expense, net 8,000,000 8,000,000 16,100,000 16,200,000
Miscellaneous expense (income), net 1,300,000 600,000 900,000 (7,300,000)
Total other expense 9,300,000 8,600,000 17,000,000 8,900,000
Income before income taxes 78,700,000 99,400,000 189,600,000 225,700,000
Income tax (benefit) expense (18,200,000) 32,100,000 21,200,000 76,700,000
Net income $ 96,900,000 $ 67,300,000 $ 168,400,000 $ 149,000,000
Earnings per share:        
Basic earnings per share (in dollars per share) $ 2.34 $ 1.54 $ 4.05 $ 3.40
Basic weighted average number of shares outstanding (in shares) 41.4 43.8 41.6 43.8
Diluted earnings per share (in dollars per share) $ 2.33 $ 1.53 $ 4.04 $ 3.39
Diluted weighted average number of shares outstanding (in shares) 41.5 44.0 41.7 44.0
Dividends declared per share (in dollars per share) $ 0.13 $ 0.13 $ 0.26 $ 0.26
Comprehensive income:        
Net income $ 96,900,000 $ 67,300,000 $ 168,400,000 $ 149,000,000
Other comprehensive income (loss) items:        
Foreign currency translation adjustments 2,500,000 3,300,000 (8,000,000) (8,600,000)
Defined benefit pension plans, net of tax 1,800,000 2,100,000 3,400,000 4,100,000
Other comprehensive income (loss), net of tax 4,300,000 5,400,000 (4,600,000) (4,500,000)
Comprehensive income $ 101,200,000 $ 72,700,000 $ 163,800,000 $ 144,500,000