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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
May 31, 2018
Aug. 31, 2017
Current assets    
Cash and cash equivalents $ 189,490 $ 229,571
Accounts receivable, net 212,284 190,206
Inventories, net 167,317 143,651
Assets held for sale 0 21,835
Other current assets 58,732 61,663
Total current assets 627,823 646,926
Property, plant and equipment    
Land, buildings and improvements 48,749 43,737
Machinery and equipment 239,519 227,535
Gross property, plant and equipment 288,268 271,272
Less: Accumulated depreciation (187,503) (176,751)
Property, plant and equipment, net 100,765 94,521
Goodwill 538,792 530,081
Other intangibles, net 210,160 220,489
Other long-term assets 27,245 24,938
Total assets 1,504,785 1,516,955
Current liabilities    
Trade accounts payable 142,199 133,387
Accrued compensation and benefits 48,093 50,939
Current maturities of debt and short-term borrowings 30,000 30,000
Income taxes payable 17,605 6,080
Liabilities held for sale 0 101,083
Other current liabilities 63,437 57,445
Total current liabilities 301,334 378,934
Long-term debt 510,007 531,940
Deferred income taxes 19,491 29,859
Pension and postretirement benefit liabilities 18,692 19,862
Other long-term liabilities 54,233 55,821
Total liabilities 903,757 1,016,416
Shareholders’ equity    
Class A common stock, $0.20 par value per share, authorized 168,000,000 shares, issued 81,136,242 and 80,200,110 shares, respectively 16,227 16,040
Additional paid-in capital 159,653 138,449
Treasury stock, at cost, 20,439,434 shares (617,731) (617,731)
Retained earnings 1,207,059 1,191,042
Accumulated other comprehensive loss (164,180) (227,261)
Stock held in trust (2,594) (2,696)
Deferred compensation liability 2,594 2,696
Total shareholders’ equity 601,028 500,539
Total liabilities and shareholders’ equity $ 1,504,785 $ 1,516,955