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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
May 31, 2020
May 31, 2019
May 31, 2020
May 31, 2019
Income Statement [Abstract]        
Net sales $ 1,341,683 $ 1,605,872 $ 4,067,354 $ 4,285,997
Costs and expenses:        
Cost of goods sold 1,116,353 1,364,242 3,385,963 3,735,168
Selling, general and administrative expenses 115,965 115,446 342,502 331,389
Interest expense 15,409 18,513 47,875 53,671
Asset impairments 5,983 15 6,513 15
Total costs and expenses 1,253,710 1,498,216 3,782,853 4,120,243
Earnings from continuing operations before income taxes 87,973 107,656 284,501 165,754
Income taxes 23,804 29,105 73,981 52,855
Earnings from continuing operations 64,169 78,551 210,520 112,899
Earnings (loss) from discontinued operations before income taxes 745 (190) 1,941 (808)
Income taxes (benefit) 180 (29) 581 109
Earnings (loss) from discontinued operations 565 (161) 1,360 (917)
Net earnings $ 64,734 $ 78,390 $ 211,880 $ 111,982
Basic earnings per share*        
Earnings from continuing operations (in USD per share) [1] $ 0.54 $ 0.67 $ 1.77 $ 0.96
Earnings (loss) from discontinued operations (in USD per share) 0 0 0.01 [1] (0.01) [1]
Net earnings (in USD per share) 0.54 0.66 1.78 [1] 0.95 [1]
Diluted earnings per share*        
Earnings from continuing operations (in USD per share) [1] 0.53 0.66 1.75 0.95
Earnings (loss) from discontinued operations (in USD per share) 0 0 0.01 [1] (0.01) [1]
Net earnings (in USD per share) $ 0.54 $ 0.66 $ 1.76 [1] $ 0.94 [1]
Average basic shares outstanding 119,192,962 118,045,362 118,828,870 117,762,945
Average diluted shares outstanding 120,278,741 119,145,566 120,277,737 119,013,014
[1] *Earnings Per Share ("EPS") is calculated independently for each component and may not sum to Net EPS due to rounding