Segment Information (Tables)

6 Months Ended

Feb. 29, 2020

Segment Reporting [Abstract]

Segments Internal Financial Reports

The information in the following table is derived directly from the segments’ internal financial reports used for corporate management purposes.

For the three months ended February 29, 2020:

	Revenue								Earnings (loss) from operations
(In thousands)	External		Intersegment			Total			External			Intersegment			Total
Manufacturing	$	489,943	$	21		$	489,964		$	46,105		$	1		$	46,106
Wheels, Repair & Parts		91,225		5,133			96,358			3,320			(168	)		3,152
Leasing & Services		42,680		15,240			57,920			12,793			14,384			27,177
Eliminations		—		(20,394	)		(20,394	)		—			(14,217	)		(14,217	)
Corporate		—		—			—			(23,782	)		—			(23,782	)
	$	623,848	$	—		$	623,848		$	38,436		$	—		$	38,436

For the six months ended February 29, 2020:

	Revenue								Earnings (loss) from operations
(In thousands)	External		Intersegment			Total			External			Intersegment			Total
Manufacturing	$	1,147,310	$	118		$	1,147,428		$	99,248		$	(22	)	$	99,226
Wheels, Repair & Parts		177,833		10,984			188,817			4,434			(510	)		3,924
Leasing & Services		68,064		16,989			85,053			22,570			15,673			38,243
Eliminations		—		(28,091	)		(28,091	)		—			(15,141	)		(15,141	)
Corporate		—		—			—			(46,032	)		—			(46,032	)
	$	1,393,207	$	—		$	1,393,207		$	80,220		$	—		$	80,220

For the three months ended February 28, 2019:

	Revenue								Earnings (loss) from operations
(In thousands)	External		Intersegment			Total			External			Intersegment			Total
Manufacturing	$	476,019	$	46,855		$	522,874		$	13,990		$	2,358		$	16,348
Wheels, Repair & Parts		125,278		8,858			134,136			2,823			(858	)		1,965
Leasing & Services		57,374		2,911			60,285			21,030			2,101			23,131
Eliminations		—		(58,624	)		(58,624	)		—			(3,601	)		(3,601	)
Corporate		—		—			—			(19,789	)		—			(19,789	)
	$	658,671	$	—		$	658,671		$	18,054		$	—		$	18,054

For the six months ended February 28, 2019:

	Revenue								Earnings (loss) from operations
(In thousands)	External		Intersegment			Total			External			Intersegment			Total
Manufacturing	$	947,808	$	53,056		$	1,000,864		$	50,845		$	2,791		$	53,636
Wheels, Repair & Parts		233,821		24,839			258,660			6,070			(546	)		5,524
Leasing & Services		81,565		8,910			90,475			38,543			7,553			46,096
Eliminations		—		(86,805	)		(86,805	)		—			(9,798	)		(9,798	)
Corporate		—		—			—			(40,950	)		—			(40,950	)
	$	1,263,194	$	—		$	1,263,194		$	54,508		$	—		$	54,508

	Total assets
(In thousands)	February 29, 2020		August 31, 2019
Manufacturing	$	1,535,118	$	1,606,571
Wheels, Repair & Parts		314,069		306,725
Leasing & Services		897,745		708,799
Unallocated		200,728		368,542
	$	2,947,660	$	2,990,637

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				Six Months Ended
(In thousands)	February 29, 2020		February 28, 2019		February 29, 2020		February 28, 2019
Earnings from operations	$	38,436	$	18,054	$	80,220	$	54,508
Interest and foreign exchange		12,609		9,237		25,461		13,641
Earnings before income tax and earnings (loss)    from unconsolidated affiliates	$	25,827	$	8,817	$	54,759	$	40,867