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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Feb. 28, 2017
Feb. 29, 2016
Cash flows from operating activities    
Net earnings $ 96,967 $ 164,929
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Deferred income taxes 2,272 (5,287)
Depreciation and amortization 30,580 27,842
Net gain on disposition of equipment (3,212) (11,015)
Accretion of debt discount 330  
Stock based compensation expense 10,854 10,740
Noncontrolling interest adjustments (3,255) 2,815
Other 548 491
Decrease (increase) in assets:    
Accounts receivable, net (67,271) (30,356)
Inventories (17,673) 21,922
Leased railcars for syndication 37,903 (15,391)
Other 5,550 (3,717)
Increase (decrease) in liabilities:    
Accounts payable and accrued liabilities (1,263) (55,448)
Deferred revenue (10,468) 41,790
Net cash provided by operating activities 81,862 149,315
Cash flows from investing activities    
Proceeds from sales of assets 19,898 80,541
Capital expenditures (21,194) (27,974)
Decrease (increase) in restricted cash 15,583 (8)
Investment in and advances to unconsolidated affiliates (550) (5,140)
Other 550 2,640
Net cash provided by investing activities 14,287 50,059
Cash flows from financing activities    
Net change in revolving notes with maturities of 90 days or less   26,000
Proceeds from revolving notes with maturities longer than 90 days 0 0
Repayments of revolving notes with maturities longer than 90 days   (1,888)
Proceeds from issuance of notes payable 275,000  
Repayments of notes payable (3,719) (3,730)
Debt issuance costs (9,450) (4,149)
Repurchase of stock   (33,246)
Dividends (12,138) (11,575)
Cash distribution to joint venture partner (19,486) (53,543)
Excess tax benefit (deficiency) from restricted stock awards (2,453) 2,786
Other   (6)
Net cash provided by (used in) financing activities 227,754 (79,351)
Effect of exchange rate changes (830) (9,412)
Increase in cash and cash equivalents 323,073 110,611
Cash and cash equivalents    
Beginning of period 222,679 172,930
End of period 545,752 283,541
Cash paid during the period for    
Interest 4,944 6,928
Income taxes, net 18,818 63,050
Non-cash activity    
Transfer from Leased railcars for syndication to Equipment on operating leases, net 6,082 45,615
Capital expenditures accrued in Accounts payable and accrued liabilities 4,783 6,430
Change in Accounts payable and accrued liabilities associated with cash distributions to joint venture partner 703 769
Change in Accounts payable and accrued liabilities associated with dividends declared $ (96) (127)
Change in Accounts payable and accrued liabilities associated with repurchase of stock   $ 873