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Segment Information (Tables)
3 Months Ended
Nov. 30, 2018
Results of Operations

For the three months ended November 30, 2018:

 

     Revenue     Earnings (loss) from operations  
(In thousands)    External      Intersegment     Total     External     Intersegment     Total  

Manufacturing

   $ 471,789      $ 6,201     $ 477,990     $ 36,855     $ 433     $ 37,288  

Wheels, Repair & Parts

     108,543        15,981       124,524       3,247       312       3,559  

Leasing & Services

     24,191        5,999       30,190       17,513       5,452       22,965  

Eliminations

     —          (28,181     (28,181     —         (6,197     (6,197

Corporate

     —          —         —         (21,161     —         (21,161
  

 

 

    

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
   $ 604,523      $ —       $ 604,523     $ 36,454     $ —       $ 36,454  
  

 

 

    

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
For the three months ended November 30, 2017:              
     Revenue     Earnings (loss) from operations  
(In thousands)    External      Intersegment     Total     External     Intersegment     Total  

Manufacturing

   $ 451,485      $ 16,804     $ 468,289     $ 52,969     $ 4,186     $ 57,155  

Wheels, Repair & Parts

     78,011        7,732       85,743       2,418       748       3,166  

Leasing & Services

     30,039        1,605       31,644       28,190       1,372       29,562  

Eliminations

     —          (26,141     (26,141     —         (6,306     (6,306

Corporate

     —          —         —         (22,135     —         (22,135
  

 

 

    

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
   $ 559,535      $ —       $ 559,535     $ 61,442     $ —       $ 61,442  
  

 

 

    

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

     Total assets  
     November 30,      August 31,  
(In thousands)    2018      2018  

Manufacturing

   $ 998,820      $ 1,020,757  

Wheels, Repair & Parts

     322,525        306,756  

Leasing & Services

     691,389        578,818  

Unallocated

     502,390        559,133  
  

 

 

    

 

 

 
   $ 2,515,124      $ 2,465,464  
  

 

 

    

 

 

 
Reconciliation of Earnings from Operations to Earnings Before Income Tax and Earnings (Loss) from Unconsolidated Affiliates

Reconciliation of Earnings from operations to Earnings before income tax and earnings (loss) from unconsolidated affiliates:

 

     Three Months Ended
November 30,
 
(In thousands)    2018      2017  

Earnings from operations

   $ 36,454      $ 61,442  

Interest and foreign exchange

     4,404        7,020  
  

 

 

    

 

 

 

Earnings before income tax and earnings (loss) from unconsolidated affiliates

   $   32,050      $   54,422