Segment Information (Tables)

9 Months Ended

May 31, 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 May 31, 2020:

	Revenue								Earnings (loss) from operations
(In thousands)	External		Intersegment			Total			External			Intersegment			Total
Manufacturing	$	653,007	$	1,151		$	654,158		$	68,445		$	95		$	68,540
Wheels, Repair & Parts		82,024		1,527			83,551			3,785			(393	)		3,392
Leasing & Services		27,526		14,841			42,367			11,837			14,454			26,291
Eliminations		—		(17,519	)		(17,519	)		—			(14,156	)		(14,156	)
Corporate		—		—			—			(17,255	)		—			(17,255	)
	$	762,557	$	—		$	762,557		$	66,812		$	—		$	66,812

For the nine months ended May 31, 2020:

	Revenue								Earnings (loss) from operations
(In thousands)	External		Intersegment			Total			External			Intersegment			Total
Manufacturing	$	1,800,317	$	1,269		$	1,801,586		$	167,693		$	73		$	167,766
Wheels, Repair & Parts		259,857		12,511			272,368			8,219			(903	)		7,316
Leasing & Services		95,590		31,830			127,420			34,407			30,127			64,534
Eliminations		—		(45,610	)		(45,610	)		—			(29,297	)		(29,297	)
Corporate		—		—			—			(63,287	)		—			(63,287	)
	$	2,155,764	$	—		$	2,155,764		$	147,032		$	—		$	147,032

For the three months ended May 31, 2019:

	Revenue								Earnings (loss) from operations
(In thousands)	External		Intersegment			Total			External			Intersegment			Total
Manufacturing	$	681,588	$	29,201		$	710,789		$	72,110		$	2,000		$	74,110
Wheels, Repair & Parts		124,980		11,601			136,581			(8,820	)		808			(8,012	)
Leasing & Services		49,584		5,848			55,432			15,337			4,913			20,250
Eliminations		—		(46,650	)		(46,650	)		—			(7,721	)		(7,721	)
Corporate		—		—			—			(25,438	)		—			(25,438	)
	$	856,152	$	—		$	856,152		$	53,189		$	—		$	53,189

For the nine months ended May 31, 2019:

	Revenue								Earnings (loss) from operations
(In thousands)	External		Intersegment			Total			External			Intersegment			Total
Manufacturing	$	1,629,396	$	82,257		$	1,711,653		$	122,955		$	4,791		$	127,746
Wheels, Repair & Parts		358,801		36,440			395,241			(2,750	)		262			(2,488	)
Leasing & Services		131,149		14,758			145,907			53,880			12,466			66,346
Eliminations		—		(133,455	)		(133,455	)		—			(17,519	)		(17,519	)
Corporate		—		—			—			(66,388	)		—			(66,388	)
	$	2,119,346	$	—		$	2,119,346		$	107,697		$	—		$	107,697

	Total assets
(In thousands)	May 31, 2020		August 31, 2019
Manufacturing	$	1,441,052	$	1,606,571
Wheels, Repair & Parts		296,888		306,725
Leasing & Services		777,523		708,799
Unallocated		763,568		368,542
	$	3,279,031	$	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 May 31,				Nine Months Ended May 31,
(In thousands)	2020		2019		2020		2019
Earnings from operations	$	66,812	$	53,189	$	147,032	$	107,697
Interest and foreign exchange		7,562		9,770		33,023		23,411
Earnings before income tax and earnings (loss)    from unconsolidated affiliates	$	59,250	$	43,419	$	114,009	$	84,286