XML 47 R36.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Segment Information (Tables)
3 Months Ended
Nov. 30, 2019
Results of Operations
                                                 
 
Revenue
   
Earnings (loss) from operations
 
(In thousands)
 
External
   
Intersegment
   
Total
   
External
   
Intersegment
   
Total
 
Manufacturing
  $
657,367
    $
97
    $
657,464
    $
53,143
    $
(23
  $
53,120
 
Wheels, Repair & Parts
   
86,608
     
5,851
     
92,459
     
1,114
     
(342
   
772
 
Leasing & Services
   
25,384
     
1,749
     
27,133
     
9,777
     
1,289
     
11,066
 
Eliminations
   
—   
     
(7,697
)
 
   
(7,697
)
 
   
—  
     
(924
)
 
   
(924
)
Corporate
   
—   
     
—  
     
—  
     
(22,250
   
—  
     
(22,250
)
  $
769,359
    $
—  
    $
769,359
    $
41,784
    $
—  
    $
41,784
 
                                                 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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
 
                                                 
 
 
 
 
 
 
 
 
 
 
                 
 
Total assets
 
(In thousands)
 
November 30,
 
2019
   
August 31,
 
2019
 
Manufacturing
  $
1,568,338
    $
1,606,571
 
Wheels, Repair & Parts
   
317,786
     
306,725
 
Leasing & Services
   
776,724
     
708,799
 
Unallocated
   
285,928
     
368,542
 
                 
  $
2,948,776
    $
2,990,637
 
                 
 
 
 
 
 
 
 
 
 
 
Reconciliation of Earnings from Operations to Earnings Before Income Tax and Loss from Unconsolidated Affiliates
Reconciliation of Earnings from operations to Earnings before income tax and earnings from unconsolidated affiliates:
                 
 
Three Months Ended
November 30,
 
(In thousands)
 
2019
   
2018
 
Earnings from operations
  $
41,784
    $
36,454
 
Interest and foreign exchange
   
12,852
     
4,404
 
                 
Earnings before income tax and
earnings
from unconsolidated affiliates
  $
28,932
    $
32,050