XML 40 R5.htm IDEA: XBRL DOCUMENT v2.3.0.15
Consolidated Statements Of Cash Flows (USD $)
In Thousands
12 Months Ended
Aug. 31, 2011
Aug. 31, 2010
Aug. 31, 2009
Operating activities   
Net earnings$ 111,559$ 24,031$ 13,723
Adjustments to reconcile net earnings to cash provided by operating activities:   
Depreciation and amortization52,99651,87551,978
Net loss (gain) on disposal of businesses11,695(334)(15,831)
Stock-based compensation expense10,7588,3998,609
Provision (benefit) for deferred income taxes6,480(2,876)(17,847)
Amortization of debt discount and debt issuance costs2,9043,9694,531
Impairment charges 36,13958,274
Other non-cash adjustments(46)(855)1,585
Changes in components of working capital and other:   
Accounts receivable(2,564)(14,507)71,215
Expiration of accounts receivable securitization program (37,106) 
Inventories(29,909)(7,964)57,963
Prepaid expenses and other assets5,8763,8171,075
Trade accounts payable7,15832,727(61,932)
Income taxes payable4,15516,000(9,180)
Accrued compensation and benefits12,17827,361(25,836)
Other accrued liabilities(21,674)(19,590)8,388
Cash provided by operating activities171,566121,086146,715
Investing activities   
Proceeds from sale of property, plant and equipment1,7791,2361,862
Proceeds from sale of businesses3,4637,51638,455
Capital expenditures(23,096)(19,966)(21,454)
Business acquisitions, net of cash acquired(313,456)(45,866)(239,422)
Cash used in investing activities(331,310)(57,080)(220,559)
Financing activities   
Net borrowings (repayments) on revolver and short-term borrowings58,204(14,313)16,657
Principal repayments on term loans and other debt  (270,000)
Proceeds from issuance of term loans100,000 115,000
Repurchases of 2% Convertible Notes(34)(22,894)(9,100)
Debt issuance costs(5,197) (9,158)
Proceeds from equity offering, net of transaction costs  124,781
Stock option exercises, related tax benefits and other8,2353,3154,024
Cash dividend(2,716)(2,702)(2,251)
Cash provided by (used in) financing activities158,492(36,594)(30,047)
Effect of exchange rate changes on cash5,2511,425(7,273)
Net increase (decrease) in cash and cash equivalents3,99928,837(111,164)
Cash and cash equivalents-beginning of year40,22211,385122,549
Cash and cash equivalents-end of year$ 44,221$ 40,222$ 11,385