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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Feb. 28, 2021
Feb. 29, 2020
Cash flows from operating activities    
Net earnings (loss) $ (20,550) $ 44,026
Adjustments to reconcile net earnings (loss) to net cash used in operating activities:    
Deferred income taxes 16,969 (6,714)
Depreciation and amortization 50,868 59,338
Net gain on disposition of equipment (949) (10,656)
Accretion of debt discount 2,857 2,718
Stock based compensation expense 8,951 7,237
Noncontrolling interest adjustments (1,285) 9,038
Other 1,135 (39)
Decrease (increase) in assets:    
Accounts receivable, net (10,735) 47,282
Income tax receivable (52,994) (1,173)
Inventories (35,005) (55,158)
Leased railcars for syndication (37,988) (123,033)
Other assets (2,895) (39,433)
Increase (decrease) in liabilities:    
Accounts payable and accrued liabilities (13,257) (67,988)
Deferred revenue 104 1,381
Net cash used in operating activities (94,774) (133,174)
Cash flows from investing activities    
Proceeds from sales of assets 11,336 41,827
Capital expenditures (50,353) (40,834)
Investments in and advances to / repayments from unconsolidated affiliates 4,523 (1,500)
Cash distribution from unconsolidated affiliates and other 488 11,273
Net cash provided by (used in) investing activities (34,006) 10,766
Cash flows from financing activities    
Net change in revolving notes with maturities of 90 days or less 98,442 10,246
Proceeds from revolving notes with maturities longer than 90 days 112,000  
Repayments of revolving notes with maturities longer than 90 days (286,000)  
Repayments of notes payable (14,990) (17,120)
Dividends (18,046) (17,312)
Cash distribution to joint venture partner (3,646) (8,706)
Tax payments for net share settlement of restricted stock (2,357) (1,895)
Net cash used in financing activities (114,597) (34,787)
Effect of exchange rate changes 3,403 (2,824)
Decrease in cash and cash equivalents and restricted cash (239,974) (160,019)
Cash and cash equivalents and restricted cash    
Cash and cash equivalents and restricted cash, Beginning balance 842,087 338,487
Cash and cash equivalents and restricted cash, Ending balance 602,113 178,468
Balance sheet reconciliation    
Cash and cash equivalents 593,499 169,899
Restricted cash 8,614 8,569
Cash and cash equivalents and restricted cash, Ending balance 602,113 178,468
Cash paid during the period for    
Interest 15,755 11,608
Income taxes, net 7,132 25,503
Non-cash activity    
Transfer from Leased railcars for syndication and Inventories to Equipment on operating leases, net 77,953 55,739
Capital expenditures accrued in Accounts payable and accrued liabilities 846 3,237
Change in Accounts payable and accrued liabilities associated with dividends declared 324 (96)
Conversion of unconsolidated affiliate note receivable to Investment in unconsolidated affiliates   4,760
Change in Accounts payable and accrued liabilities associated with cash distributions to joint venture partner $ 1,205 $ 535