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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
May 31, 2022
May 31, 2021
May 31, 2022
May 31, 2021
Revenue        
Revenue $ 793.5 $ 450.2 $ 2,027.0 $ 1,148.8
Cost of revenue        
Cost of revenue 717.2 375.0 1,848.3 1,015.3
Margin 76.3 75.2 178.7 133.5
Selling and administrative expense 57.4 49.3 156.4 136.4
Net (gain) loss on disposition of equipment (0.7) 0.2 (34.3) (0.8)
Earnings (loss) from operations 19.6 25.7 56.6 (2.1)
Other costs        
Interest and foreign exchange 14.9 10.2 39.3 30.9
Net loss on extinguishment of debt   4.8   4.8
Earnings (loss) before income tax and earnings from unconsolidated affiliates 4.7 10.7 17.3 (37.8)
Income tax (expense) benefit (1.1) 6.9 (2.9) 36.0
Earnings (loss) before earnings from unconsolidated affiliates 3.6 17.6 14.4 (1.8)
Earnings from unconsolidated affiliates 4.0 2.4 10.0 1.3
Net earnings (loss) 7.6 20.0 24.4 (0.5)
Net (earnings) loss attributable to noncontrolling interest (4.5) (0.3) 2.3 1.2
Net earnings attributable to Greenbrier $ 3.1 $ 19.7 $ 26.7 $ 0.7
Basic earnings per common share $ 0.10 $ 0.61 $ 0.82 $ 0.02
Diluted earnings per common share $ 0.09 $ 0.59 $ 0.79 $ 0.02
Weighted average common shares:        
Basic [1] 32,588 32,573 32,560 32,726
Diluted 33,661 33,605 33,626 33,747
Manufacturing        
Revenue        
Revenue $ 650.9 $ 339.7 $ 1,659.1 $ 845.7
Cost of revenue        
Cost of revenue 611.3 292.4 1,567.9 775.1
Maintenance Services        
Revenue        
Revenue 101.5 80.9 260.5 218.1
Cost of revenue        
Cost of revenue 91.1 73.7 244.0 203.4
Leasing & Management Services        
Revenue        
Revenue 41.1 29.6 107.4 85.0
Cost of revenue        
Cost of revenue $ 14.8 $ 8.9 $ 36.4 $ 36.8
[1] Restricted stock grants and restricted stock units that are considered participating securities, including some grants subject to certain performance criteria, are included in weighted average basic common shares outstanding when the Company is in a net earnings position.