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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
May 31, 2012
May 31, 2011
Cash flows from operating activities    
Net income (loss) $ 51,307 $ (5,150)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Deferred income taxes 4,801 (5,276)
Depreciation and amortization 30,603 28,174
Gain on sales of leased equipment (8,897) (2,901)
Accretion of debt discount 2,416 5,446
Stock based compensation expense 6,724 4,961
Loss on extinguishment of debt (non-cash portion)   2,868
Other 3,586 91
Decrease (increase) in assets:    
Accounts receivable 10,429 (51,427)
Inventories (26,748) (83,293)
Leased railcars for syndication (43,561) (48,465)
Other (1,419) 5,834
Increase (decrease) in liabilities:    
Accounts payable and accrued liabilities 12,401 77,273
Deferred revenue 11,991 (5,442)
Net cash provided by (used in) operating activities 53,633 (77,307)
Cash flows from investing activities    
Proceeds from sales of equipment 33,253 14,179
Investment in and advances to unconsolidated affiliates (544) (979)
Decrease (increase) in restricted cash (3,976) 308
Capital expenditures (72,117) (59,689)
Other 35 52
Net cash used in investing activities (43,349) (46,129)
Cash flows from financing activities    
Net change in revolving notes with maturities of 90 days or less (49,114) 3,694
Proceeds from revolving notes with maturities longer than 90 days 56,644 13,373
Repayments of revolving notes with maturities longer than 90 days (23,573) (6,194)
Proceeds from issuance of notes payable 2,500 231,250
Debt issuance costs   (7,857)
Repayments of notes payable (6,028) (238,569)
Gross proceeds from equity offering   63,180
Excess tax benefit from restricted stock awards 2,670  
Investment by joint venture partner 410  
Expenses from equity offering   (420)
Other   26
Net cash provided by (used in) financing activities (16,491) 58,483
Effect of exchange rate changes 900 391
Decrease in cash and cash equivalents (5,307) (64,562)
Cash and cash equivalents    
Beginning of period 50,222 98,864
End of period 44,915 34,302
Cash paid during the period for    
Interest 10,817 25,850
Income taxes, net $ 4,013 $ 866