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Segment Information (Tables)
6 Months Ended
Feb. 28, 2017
Segment Reporting [Abstract]  
Summary of Financial Information by Reportable Segment and Product Line
The following tables summarize financial information by reportable segment and product line (in thousands):    
 
Three Months Ended
 
Six Months Ended
 
February 28, 2017
 
February 29, 2016
 
February 28,
2017
 
February 29,
2016
Net Sales by Reportable Product Line & Segment:
 
 
 
 
 
 
 
Industrial Segment:
 
 
 
 
 
 
 
Industrial Tools
$
78,679

 
$
72,095

 
$
157,718

 
$
151,828

Heavy Lifting Technology
12,969

 
9,093

 
21,220

 
18,231

 
91,648

 
81,188

 
178,938

 
170,059

Energy Segment:
 
 
 
 
 
 
 
Energy Maintenance & Integrity
51,590

 
58,551

 
116,411

 
137,385

Other Energy Solutions
21,294

 
27,674

 
41,119

 
62,602

 
72,884

 
86,225

 
157,530

 
199,987

Engineered Solutions Segment:
 
 
 
 
 
 
 
On-Highway
50,611

 
49,434

 
102,242

 
103,510

Agriculture, Off-Highway and Other
43,726

 
46,442

 
85,952

 
94,744

 
94,337

 
95,876

 
188,194

 
198,254

 
$
258,869

 
$
263,289

 
$
524,662

 
$
568,300

Operating Profit (Loss):
 
 
 
 
 
 
 
Industrial
$
18,380

 
$
16,728

 
$
37,155

 
$
37,283

Energy (1)
(579
)
 
(136,766
)
 
2,632

 
(126,673
)
Engineered Solutions (2)
1,816

 
(45,116
)
 
2,571

 
(41,594
)
General Corporate
(6,418
)
 
(6,961
)
 
(20,688
)
 
(15,760
)
 
$
13,199

 
$
(172,115
)
 
$
21,670

 
$
(146,744
)
(1) Energy segment operating profit (loss) includes an impairment charge of $140.9 million for the three and six months ended February 29, 2016.
(2) Engineered Solutions segment operating profit (loss) includes an impairment charge of $45.7 million for the three and six months ended February 29, 2016.
 
February 28, 2017
 
August 31, 2016
Assets by Segment:
 
 
 
Industrial
$
310,197

 
$
308,222

Energy
501,824

 
479,169

Engineered Solutions
490,814

 
493,840

General Corporate
124,199

 
157,429

 
$
1,427,034

 
$
1,438,660