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Segment Information (Tables)
9 Months Ended
May 31, 2018
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 May 31,
 
Nine Months Ended May 31,
 
2018
 
2017
 
2018
 
2017
Net Sales by Reportable Product Line & Segment:
 
 
 
 
 
 
 
Industrial Segment:
 
 
 
 
 
 
 
Industrial Tools
$
98,970

 
$
87,404

 
$
270,919

 
$
245,122

Heavy Lifting Technology
9,327

 
13,099

 
33,375

 
34,319

 
108,297

 
100,503

 
304,294

 
279,441

Energy Segment:
 
 
 
 
 
 
 
Energy Maintenance & Integrity
63,421

 
59,905

 
169,020

 
176,316

Other Energy Solutions
20,436

 
23,575

 
56,670

 
64,694

 
83,857

 
83,480

 
225,690

 
241,010

Engineered Solutions Segment:
 
 
 
 
 
 
 
On-Highway
66,556

 
57,710

 
190,735

 
159,952

Agriculture, Off-Highway and Other
58,386

 
53,734

 
160,497

 
139,686

 
124,942

 
111,444

 
351,232

 
299,638

 
$
317,096

 
$
295,427

 
$
881,216

 
$
820,089

Operating Profit:
 
 
 
 
 
 
 
Industrial
$
25,999

 
$
23,705

 
$
61,023

 
$
60,860

Energy (1)
6,269

 
905

 
2,050

 
3,537

Engineered Solutions
9,027

 
8,105

 
17,570

 
10,676

General Corporate
(8,710
)
 
(5,383
)
 
(23,796
)
 
(26,070
)
 
$
32,585

 
$
27,332

 
$
56,847

 
$
49,003

(1) Energy segment operating profit includes impairment and divestiture charges of $3.0 million for the nine months ended May 31, 2018.
 
May 31, 2018
 
August 31, 2017
Assets by Segment:
 
 
 
Industrial
$
325,291

 
$
329,134

Energy
463,026

 
482,963

Engineered Solutions
543,760

 
531,068

General Corporate
172,708

 
173,790

 
$
1,504,785

 
$
1,516,955