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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Feb. 28, 2018
Feb. 28, 2017
Cash flows from operating activities    
Net earnings $ 98,666 $ 96,967
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:    
Deferred income taxes (35,080) 2,272
Depreciation and amortization 36,454 30,580
Net gain on disposition of equipment (24,988) (3,212)
Accretion of debt discount 2,060 330
Stock based compensation expense 12,574 10,854
Noncontrolling interest adjustments (2,555) (3,255)
Other 958 548
Decrease (increase) in assets:    
Accounts receivable, net (25,681) (67,271)
Inventories (10,211) (17,673)
Leased railcars for syndication (74,129) 37,903
Other 10,434 5,550
Increase (decrease) in liabilities:    
Accounts payable and accrued liabilities 46,434 1,718
Deferred revenue (42,589) (10,468)
Net cash provided by (used in) operating activities (7,653) 84,843
Cash flows from investing activities    
Proceeds from sales of assets 105,142 19,898
Capital expenditures (53,503) (21,194)
Decrease in restricted cash 17 15,583
Investment in and advances to unconsolidated affiliates (17,739) (550)
Other 1,207 550
Net cash provided by investing activities 35,124 14,287
Cash flows from financing activities    
Net change in revolving notes with maturities of 90 days or less 3,666  
Proceeds from revolving notes with maturities longer than 90 days 0 0
Repayments of revolving notes with maturities longer than 90 days 0 0
Proceeds from issuance of notes payable 13,929 275,000
Repayments of notes payable (16,056) (3,719)
Investment by joint venture partner 6,500  
Debt issuance costs   (9,450)
Dividends (13,546) (12,138)
Cash distribution to joint venture partner (41,758) (19,486)
Tax payments for net share settlement of restricted stock (5,199) (2,981)
Excess tax deficiency from restricted stock awards   (2,453)
Net cash provided by (used in) financing activities (52,464) 224,773
Effect of exchange rate changes (465) (830)
Increase (decrease) in cash and cash equivalents (25,458) 323,073
Cash and cash equivalents    
Beginning of period 611,466 222,679
End of period 586,008 545,752
Cash paid during the period for    
Interest 9,234 4,944
Income taxes, net 20,789 18,818
Non-cash activity    
Transfer from Leased railcars for syndication to Equipment on operating leases, net   6,082
Capital expenditures accrued in Accounts payable and accrued liabilities 12,748 4,783
Change in Accounts payable and accrued liabilities associated with cash distributions to joint venture partner 396 703
Change in Accounts payable and accrued liabilities associated with dividends declared $ 43 $ (96)