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Consolidated Statements Of Operations (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Feb. 29, 2012
Feb. 28, 2011
Feb. 29, 2012
Feb. 28, 2011
REVENUE:        
Sales of sugar, co-products and yeast, net of discounts $ 70,936 $ 82,988 $ 147,797 $ 157,367
Changes in finished goods inventory and in-process sugar at NRV 63,500 19,346 93,874 69,863
Total Revenue 134,436 102,334 241,671 227,230
EXPENSES:        
Production costs of sugar, in-process sugar, co-products and yeast sold 24,494 23,875 48,799 53,379
Sales and distribution costs 10,486 13,234 28,291 28,323
General and administrative 2,247 2,069 4,201 4,093
Interest 599 759 1,235 1,340
(Gain) loss on disposition of property and equipment 1   4 (1)
Total Expenses 37,827 39,937 82,530 87,134
TOLLING & OTHER REVENUE 630 17 808 190
NET PROCEEDS RESULTING FROM PATRON AND NON-PATRON BUSINESS BEFORE INCOME TAXES 97,239 62,516 159,949 140,286
INCOME TAX BENEFIT (EXPENSE) 4 17 21 39
NET PROCEEDS RESULTING FROM PATRON AND NON-PATRON BUSINESS 97,243 62,533 159,970 140,325
DISTRIBUTION OF NET PROCEEDS        
Income from non-patron business 31 21 58 44
Patronage income 21,288 10,100 28,706 19,810
Net income credited to patrons' investment 21,319 10,121 28,764 19,854
Allocated costs of sugarbeets paid or payable to patrons for production to date 75,924 52,412 131,206 120,471
NET PROCEEDS RESULTING FROM PATRON AND NON-PATRON BUSINESS $ 97,243 $ 62,533 $ 159,970 $ 140,325