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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Aug. 31, 2017
Aug. 31, 2016
Aug. 31, 2015
Cash flows from operating activities      
Net earnings $ 160,462 $ 284,824 $ 265,309
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Deferred income taxes 4,377 (8,935) (20,151)
Depreciation and amortization 65,129 63,345 45,156
Net gain on disposition of equipment (9,740) (15,796) (1,330)
Stock based compensation expense 26,427 24,037 19,459
Accretion of debt discount 2,340    
Noncontrolling interest adjustments (677) 526 17,215
Other (845) 560 1,184
Decrease (increase) in assets:      
Accounts receivable, net (25,272) (32,051) 13,652
Inventories (2,787) 53,711 (143,849)
Leased railcars for syndication 41,015 19,154 (90,614)
Other 17,558 (16,989) 575
Increase (decrease) in liabilities:      
Accounts payable and accrued liabilities (30,637) (91,428) 72,419
Deferred revenue 33,039 50,712 13,308
Net cash provided by operating activities 280,389 331,670 192,333
Cash flows from investing activities      
Acquisitions, net of cash acquired (27,127)    
Proceeds from sales of assets 24,149 103,715 5,295
Capital expenditures (86,065) (139,013) (105,989)
Decrease (increase) in restricted cash 15,387 (15,410) 271
Investment in and advances to unconsolidated affiliates (40,632) (12,855) (34,453)
Cash distribution from joint ventures 550 7,855 3,345
Net cash used in investing activities (113,738) (55,708) (131,531)
Cash flows from financing activities:      
Net changes in revolving notes with maturities of 90 days or less 4,324 (49,000) 49,000
Proceeds from revolving notes with maturities longer than 90 days     44,451
Repayments of revolving notes with maturities longer than 90 days   (1,888) (55,644)
Proceeds from issuance of notes payable 276,093    
Repayments of notes payable (8,297) (22,299) (7,475)
Debt issuance costs (9,082) (4,161)  
Decrease in restricted cash     11,000
Repurchase of stock   (33,498) (69,950)
Dividends (24,890) (23,303) (16,491)
Cash distribution to joint venture partner (28,511) (95,092) (20,375)
Investment by joint venture partner   5,400  
Excess tax benefit from restricted stock awards   2,813 2,908
Other   (887) (248)
Net cash provided by (used in) financing activities 209,637 (221,915) (62,824)
Effect of exchange rate changes 12,499 (4,298) (9,964)
Increase (decrease) in cash and cash equivalents 388,787 49,749 (11,986)
Cash and cash equivalents      
Beginning of period 222,679 172,930 184,916
End of period 611,466 222,679 172,930
Cash paid during the period for      
Interest 13,962 12,277 15,535
Income taxes, net 45,280 125,455 139,960
Non-cash activity      
Transfer from Leased railcars for syndication to Equipment on operating leases, net 8,668 48,096 3,313
Transfer from Inventories to Equipment on operating leases, net   25,069  
Capital expenditures accrued in Accounts payable and accrued liabilities 16,145 8,408 8,758
Change in Accounts payable and accrued liabilities associated with cash distributions to joint venture partner 484 652  
Change in Accounts payable and accrued liabilities associated with repurchase of stock   1,125 268
Transfer of Property, plant and equipment, net to (from) Intangibles and other assets, net (63) 588 4,045
Change in Accounts payable and accrued liabilities associated with dividends declared $ (252) $ (331) 301
Conversion of convertible notes, net of debt issuance costs     $ 109,387