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Consolidated Statements of Cash Flows (USD $)
In Thousands
12 Months Ended
Aug. 31, 2011
Aug. 31, 2010
Aug. 31, 2009
Cash flows from operating activities:   
Net income (loss)$ 123,536$ 70,676$ (31,363)
Adjustments to reconcile net income to cash provided by operating activities:   
Depreciation and amortization74,86663,41860,681
Inventory write-down036851,968
Deferred income taxes21,00410,89124,727
Undistributed equity in earnings of joint ventures(4,622)(3,076)(537)
Share-based compensation expense13,65511,0358,898
Excess tax (benefit) deficiency from share-based payment arrangements(689)128(819)
Loss (gain) on disposal of a business and other assets1,52916,943(2,034)
Environmental matters662(1,391)(3,510)
Voluntary incentive award forfeitures00(5,504)
Net (gain) loss on derivatives(772)(4,299)1,161
Unrealized foreign exchange loss, net75800
Bad debt expense (recoveries), net334(255)8,916
Gain on settlement of joint venture separation and termination agreement00(6,761)
Changes in assets and liabilities, net of acquisitions:   
Accounts receivable(91,715)(11,569)189,511
Inventories(45,268)(109,138)198,840
Refundable income taxes52032,237(46,147)
Prepaid expenses and other current assets(11,486)(2,640)4,185
Intangibles and other long-term assets(133)(206)(4,514)
Accounts payable45,4478,479(79,086)
Accrued payroll and related liabilities2,27612,010(35,851)
Other accrued liabilities(15,676)(2,519)(4,858)
Accrued income taxes22,1831,040(41,998)
Environmental liabilities(759)(944)(577)
Other long-term liabilities(167)(2,128)(1,574)
Distributed equity in earnings of joint ventures4,9804303,825
Net cash provided by operating activities140,46389,490287,579
Cash flows from investing activities:   
Capital expenditures(104,964)(64,324)(59,044)
Acquisitions, net of cash acquired(293,880)(40,944)(93,053)
Joint venture payments, net(1,587)(340)(1,876)
Proceeds from sale of business and other assets53041,3193,497
Net cash used in investing activities(399,901)(64,289)(150,476)
Cash flows from financing activities:   
Proceeds from line of credit655,500402,600331,700
Repayment of line of credit(655,500)(402,600)(356,700)
Borrowings from long-term debt811,531577,900440,500
Repayment of long-term debt(508,675)(589,242)(491,329)
Debt financing fees(5,310)00
Repurchase of Class A common stock(10,303)(17,147)(29,896)
Taxes paid related to net share settlement of share-based payment arrangements(3,800)(3,599)(3,995)
Excess tax benefit from share-based payment arrangements689(128)819
Stock options exercised5679371,681
Distributions to noncontrolling interests(2,863)(3,003)(1,286)
Dividends paid(1,885)(1,416)(2,386)
Net cash provided by (used in) financing activities279,951(35,698)(110,892)
Effect of exchange rate changes on cash(1,393)(187)(224)
Net increase (decrease) in cash and cash equivalents19,120(10,684)25,987
Cash and cash equivalents as of beginning of year30,34241,02615,039
Cash and cash equivalents as of end of year49,46230,34241,026
Cash paid (received) during the year for:   
Interest7,0722,5693,329
Income taxes paid (refunds received), net$ 14,330$ (3,783)$ 42,443