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DISCONTINUED OPERATIONS (Tables)
12 Months Ended
Aug. 31, 2012
Results of Operations Related to Discontinued Operations

purposes, the gain on disposal of the Romaco segment was minimal. The results of operations for our Romaco segment are reported as discontinued operations for fiscal 2011 and fiscal 2010 and are summarized as follows:

 

     2011     2010  
     (In thousands, except per
share data)
 

Net sales

   $ 71,966      $ 106,501   
  

 

 

   

 

 

 

Net income per share from discontinued operations:

    

Basic

   $ 1.30      $ 0.12   
  

 

 

   

 

 

 

Diluted

   $ 1.30      $ 0.12   
  

 

 

   

 

 

 

Income from operations of divested businesses

   $ 537      $ 3,960   

Gain on disposal of businesses

     53,357        —     

Income tax (expense)

     (257     (101
  

 

 

   

 

 

 

Income from discontinued operations, net of income taxes

   $ 53,637      $ 3,859