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Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	May 31, 2016	Jun. 24, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	ACUITY BRANDS INC
Entity Central Index Key	0001144215
Document Type	10-Q
Document Period End Date	May 31, 2016
Amendment Flag	false
Document Fiscal Year Focus	2016
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--08-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		43,887,078

Consolidated Balance Sheets - USD ($) $ in Millions	May 31, 2016	Aug. 31, 2015
Current Assets:
Cash and cash equivalents	$ 337.0	$ 756.8
Accounts receivable, less reserve for doubtful accounts of $1.9 and $1.3 as of May 31, 2016 and August 31, 2015, respectively	494.0	411.7
Inventories	288.9	224.8
Prepayments and other current assets	34.9	20.1
Total Current Assets	1,154.8	1,413.4
Property, Plant, and Equipment, at cost:
Land	24.3	6.7
Buildings and leasehold improvements	179.8	128.4
Machinery and equipment	433.4	391.9
Total Property, Plant, and Equipment	637.5	527.0
Less — Accumulated depreciation and amortization	374.6	352.4
Property, Plant, and Equipment, net	262.9	174.6
Other Assets:
Goodwill	889.8	565.0
Intangible assets, net	448.7	223.4
Deferred income taxes	3.2	3.5
Other long-term assets	23.8	27.1
Total Other Assets	1,365.5	819.0
Total Assets	2,783.2	2,407.0
Current Liabilities:
Accounts payable	353.9	311.1
Current maturities of long-term debt	0.2	0.0
Accrued compensation	77.8	78.2
Other accrued liabilities	152.7	131.6
Total Current Liabilities	584.6	520.9
Long-Term Debt	354.2	352.4
Accrued Pension Liabilities, less current portion	79.6	83.9
Deferred Income Taxes	116.0	31.7
Self-Insurance Reserves, less current portion	7.7	6.9
Other Long-Term Liabilities	53.2	51.2
Total Liabilities	1,195.3	1,047.0
Commitments and Contingencies
Stockholders’ Equity:
Preferred stock, $0.01 par value; 50,000,000 shares authorized; none issued	0.0	0.0
Common stock, $0.01 par value; 500,000,000 shares authorized; 53,312,714 issued and 43,593,459 outstanding at May 31, 2016; 53,024,284 issued and 43,305,029 outstanding at August 31, 2015	0.5	0.5
Paid-in capital	833.6	797.1
Retained earnings	1,283.8	1,093.0
Accumulated other comprehensive loss	(109.8)	(110.4)
Treasury stock, at cost, 9,719,255 shares at May 31, 2016 and August 31, 2015	(420.2)	(420.2)
Total Stockholders’ Equity	1,587.9	1,360.0
Total Liabilities and Stockholders’ Equity	$ 2,783.2	$ 2,407.0

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	May 31, 2016	Aug. 31, 2015
Current Assets:
Allowance for doubtful accounts	$ 1.9	$ 1.3
Stockholders’ Equity:
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (shares)	50,000,000	50,000,000
Preferred stock, shares issued (shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (shares)	500,000,000	500,000,000
Common stock, shares issued (shares)	53,312,714	53,024,284
Common stock, shares outstanding (shares)	43,593,459	43,305,029
Treasury stock, shares (shares)	9,719,255	9,719,255

Consolidated Statements of Comprehensive Income - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	May 31, 2016	May 31, 2015	May 31, 2016	May 31, 2015
Income Statement [Abstract]
Net Sales	$ 851.5	$ 683.7	$ 2,365.9	$ 1,947.2
Cost of Products Sold	473.6	388.1	1,331.7	1,122.9
Gross Profit	377.9	295.6	1,034.2	824.3
Selling, Distribution, and Administrative Expenses	247.2	196.0	683.9	550.0
Special Charge	9.7	0.4	10.2	9.8
Operating Profit	121.0	99.2	340.1	264.5
Other Expense (Income):
Interest Expense, net	8.1	7.9	24.2	23.8
Miscellaneous Expense (Income), net	0.3	(9.5)	(1.5)	(10.5)
Total Other Expense (Income)	8.4	(1.6)	22.7	13.3
Income before Provision for Income Taxes	112.6	100.8	317.4	251.2
Provision for Income Taxes	38.6	36.3	109.5	89.2
Net Income	$ 74.0	$ 64.5	$ 207.9	$ 162.0
Earnings Per Share:
Basic Earnings per Share (in dollars per share)	$ 1.70	$ 1.49	$ 4.78	$ 3.74
Basic Weighted Average Number of Shares Outstanding (in shares)	43.5	43.2	43.4	43.1
Diluted Earnings per Share (in dollars per share)	$ 1.69	$ 1.48	$ 4.75	$ 3.72
Diluted Weighted Average Number of Shares Outstanding (in shares)	43.8	43.5	43.7	43.4
Dividends Declared per Share (in dollars per share)	$ 0.13	$ 0.13	$ 0.39	$ 0.39
Comprehensive Income:
Net income	$ 74.0	$ 64.5	$ 207.9	$ 162.0
Other Comprehensive Income (Loss) Items:
Foreign currency translation adjustments	10.0	(1.5)	(3.4)	(18.5)
Defined benefit pension plans, net of tax	1.3	0.9	4.0	1.6
Other Comprehensive Income (Loss), net of tax	11.3	(0.6)	0.6	(16.9)
Comprehensive Income	$ 85.3	$ 63.9	$ 208.5	$ 145.1

Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	May 31, 2016	May 31, 2015
Cash Provided by (Used for) Operating Activities:
Net income	$ 207.9	$ 162.0
Adjustments to reconcile net income to net cash provided by (used for) operating activities:
Depreciation and amortization	49.0	34.2
Share-based compensation expense	19.9	12.8
Excess tax benefits from share-based payments	(19.7)	(12.6)
(Gain) loss on the sale or disposal of property, plant, and equipment	(1.1)	1.4
Deferred income taxes	0.0	0.4
Gain on financial instruments, net	0.0	(10.5)
Change in assets and liabilities, net of effect of acquisitions, divestitures, and effect of exchange rate changes:
Accounts receivable	(15.9)	(25.5)
Inventories	(14.2)	(46.7)
Prepayments and other current assets	(9.0)	2.0
Accounts payable	18.9	17.0
Other current liabilities	12.4	28.2
Other	(4.3)	(4.5)
Net Cash Provided by Operating Activities	243.9	158.2
Cash Provided by (Used for) Investing Activities:
Purchases of property, plant, and equipment	(61.8)	(42.3)
Proceeds from sale of property, plant, and equipment	2.3	1.0
Acquisition of businesses, net of cash acquired	(613.7)	(14.6)
Proceeds from settlement of financial instrument	0.0	14.4
Purchase of financial instrument	0.0	(4.1)
Net Cash Used for Investing Activities	(673.2)	(45.6)
Cash Provided by (Used for) Financing Activities:
Issuance of long-term debt	1.7	0.0
Proceeds from stock option exercises and other	10.0	7.5
Excess tax benefits from share-based payments	19.7	12.6
Dividends paid	(17.1)	(17.0)
Other financing activities	0.0	(10.4)
Net Cash Provided by (Used for) Financing Activities	14.3	(7.3)
Effect of Exchange Rate Changes on Cash	(4.8)	(5.7)
Net Change in Cash and Cash Equivalents	(419.8)	99.6
Cash and Cash Equivalents at Beginning of Period	756.8	552.5
Cash and Cash Equivalents at End of Period	337.0	652.1
Supplemental Cash Flow Information:
Income taxes paid during the period	88.7	79.3
Interest paid during the period	$ 22.2	$ 21.6

Description of Business and Basis of Presentation	9 Months Ended
Description of Business and Basis of Presentation	May 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business and Basis of Presentation	Description of Business and Basis of Presentation Acuity Brands, Inc. (“Acuity Brands”) is the parent company of Acuity Brands Lighting, Inc. (“ABL”) and other subsidiaries (Acuity Brands, ABL, and such other subsidiaries are collectively referred to herein as the "Company”). The Company’s lighting and energy management solutions include devices such as luminaires, lighting and building controls, lighting components, power supplies, prismatic skylights, and integrated lighting systems for indoor and outdoor applications utilizing a combination of light sources, including daylight, and other devices controlled by software that monitors and manages light levels while optimizing energy consumption. Additionally, the Company continues to expand its solutions portfolio for both indoor and outdoor applications in an effort to capitalize on the evolving and growing market for intelligent networked systems that collect and exchange data to increase efficiency as well as provide a host of other economic benefits resulting from data analytics to better enable smart buildings and smart cities. The transition to solid-state lighting provides the opportunity for lighting to be integrated with other building automation systems to create an optimal platform for enabling the “Internet of Things” (IoT), which will support the advancement of smart buildings, smart cities, and the smart grid. The Company has one reportable segment serving the North American and select international markets. The Consolidated Financial Statements have been prepared by the Company in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and present the financial position, results of operations, and cash flows of Acuity Brands and its wholly-owned subsidiaries. References made to years are for fiscal year periods. These unaudited interim consolidated financial statements reflect all normal and recurring adjustments which are, in the opinion of management, necessary to present fairly the Company’s consolidated financial position as of May 31, 2016, the consolidated comprehensive income for the three and nine months ended May 31, 2016 and May 31, 2015, and the consolidated cash flows for the nine months ended May 31, 2016 and May 31, 2015. Certain information and footnote disclosures normally included in the Company’s annual financial statements prepared in accordance with U.S. GAAP have been condensed or omitted. However, the Company believes that the disclosures included herein are adequate to make the information presented not misleading. These financial statements should be read in conjunction with the audited consolidated financial statements of the Company as of and for the three years ended August 31, 2015 and notes thereto included in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on October 27, 2015 (File No. 001-16583) (“Form 10-K”). The results of operations for the three and nine months ended May 31, 2016 and May 31, 2015 are not necessarily indicative of the results to be expected for the full fiscal year due primarily to seasonality resulting in the net sales and net income of the Company generally being higher in the second half of its fiscal year, the impact of the acquisitions, and among other reasons, the continued uncertainty of general economic conditions that may impact the key end markets of the Company for the remainder of fiscal 2016.

Significant Accounting Policies	9 Months Ended
Significant Accounting Policies	May 31, 2016
Accounting Policies [Abstract]
Significant Accounting Policies	Significant Accounting Policies Use of Estimates The preparation of financial statements and related disclosures in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expense during the reporting period. Actual results could differ from those estimates. Reclassifications Certain prior-period amounts have been reclassified to conform to the current year presentation. No material reclassifications occurred during the current period.

Acquisitions and Investments

9 Months Ended

May 31, 2016

Business Combinations [Abstract]

Acquisitions and Investments

Fiscal 2016 Acquisitions

Juno Lighting LLC

On December 10, 2015, using cash on hand, the Company acquired for approximately $380 all of the equity interests of Juno Lighting LLC ("Juno Lighting"), a leading provider of downlighting and track lighting fixtures for both residential and commercial applications. Juno Lighting is headquartered in Des Plaines, Illinois. At the time of acquisition, Juno Lighting generated annual revenues of approximately $250. The operating results of Juno Lighting have been included in the Company's consolidated financial statements since the date of acquisition.

Distech Controls Inc.

On September 1, 2015, using cash on hand, the Company acquired for approximately $240 all of the outstanding capital stock of Distech Controls Inc. ("Distech Controls"), a provider of building automation solutions that allow for the integration of lighting, HVAC, access control, closed circuit television, and related systems. Distech Controls is headquartered in Quebec, Canada. At the time of acquisition, Distech Controls generated annual revenues of approximately $80 Canadian Dollars. The operating results of Distech Controls have been included in the Company's consolidated financial statements since the date of acquisition.

Geometri LLC

On December 9, 2015, using cash on hand, the Company acquired certain assets and assumed certain liabilities of Geometri, LLC ("Geometri"), a provider of a software and services platform for mapping, navigation, and analytics. The operating results of Geometri have been included in the Company's consolidated financial statements since the date of acquisition.

Accounting for Fiscal 2016 Acquisitions

Acquisition-related costs were expensed as incurred. Preliminary amounts related to the acquisition accounting for these acquisitions are reflected in the Consolidated Balance Sheets as of May 31, 2016. The aggregate preliminary purchase price of these acquisitions was allocated as follows:



Purchase Price
Cash paid, net of cash acquired	$	613.7

Allocation
Goodwill	$	324.0
Intangible assets:
Customer-based¹	117.0
Marketing-related²	42.4
Technology-based³	81.8

Property and equipment	63.4
Other assets acquired	124.3
Liabilities assumed	(139.2		)
	$	613.7

^{______________________________}

⁽¹⁾Customer-based intangibles have useful lives between 12 and 15 years, with a weighted average amortization period of 14 years.

⁽²⁾ Marketing-related intangibles are considered indefinite-lived.

⁽³⁾Technology-based intangibles have useful lives between five and fifteen years, with a weighted average amortization period of 11.8 years.

These amounts are deemed to be provisional until disclosed otherwise, as the Company continues to gather information related to the identification and valuation of intangible and other acquired assets and liabilities. These amounts are expected to change as the Company finalizes the allocation. During the third quarter of fiscal 2016, the Company continued to gather information regarding the valuation of marketing-related and technology-based intangibles, resulting in changes to the allocation noted above.

Proforma results of operations have not been presented because the effects of these acquisitions, individually and in the aggregate, were not material to the Company's consolidated results of operations.

Fiscal 2015 Acquisition and Investment

On April 15, 2015, using cash on hand, the Company acquired substantially all of the assets and assumed certain liabilities of ByteLight, Inc. (“ByteLight”), a provider of indoor location software for light-emitting diode (“LED”) lighting. The operating results of ByteLight have been included in the Company’s consolidated financial statements since the date of acquisition. Management finalized the acquisition accounting for ByteLight during the fourth quarter of fiscal 2015 and the amounts are reflected in the Consolidated Balance Sheets.

In addition, during fiscal 2015, the Company made a strategic, non-controlling investment in a company specializing in light sensory networks. This investment was accounted for using the cost method and is reflected in Other long term assets on the Consolidated Balance Sheets.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

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+ Details

New Accounting Pronouncements	9 Months Ended
New Accounting Pronouncements	May 31, 2016
Accounting Changes and Error Corrections [Abstract]
New Accounting Pronouncements	New Accounting Pronouncements Accounting Standards Adopted in Fiscal 2016 In November 2015, the Financial Accounting Standards Board ("FASB") issued ASU No. 2015-17, Balance Sheet Classification of Deferred Taxes ("ASU 2015-17"), requiring that all tax liabilities and assets be classified as noncurrent in a classified statement of financial position. ASU 2015-17 is effective for annual reporting periods beginning after December 15, 2016. The Company early adopted ASU 2015-17, which resulted in the reclassification of $23.1 from current deferred income taxes to noncurrent deferred income taxes on the Consolidated Balance Sheets as of August 31, 2015. Accounting Standards Yet to Be Adopted In March 2016, the FASB issued ASU No. 2016-09, Improvements to Employee Share-Based Payment Accounting, ("ASU 2016-09"), which will change certain aspects of accounting for share-based payments to employees. ASU 2016-09 is effective for fiscal years (and interim reporting periods within those years) beginning after December 15, 2016. The standard requires that all excess tax benefits and deficiencies currently recorded as additional paid in capital be prospectively recorded in income tax expense. As such, implementation of this standard could create volatility in the Company's effective income tax rate on a quarter by quarter basis. The volatility in the effective income tax rate is due primarily to fluctuations in the Company's stock price and the timing of stock option exercises and vesting of restricted share grants. The standard also requires excess tax benefits to be presented as an operating activity on the statement of cash flows rather than as a financing activity. This element of the guidance may be applied retrospectively or prospectively. The Company intends to implement the standard as required in fiscal 2018. In February 2016, the FASB issued ASU No. 2016-02, Leases, ("ASU 2016-02"), which requires lessees to include most leases on the balance sheet. ASU 2016-02 is effective for fiscal years (and interim reporting periods within those years) beginning after December 15, 2018. The Company is currently evaluating the impact of the provisions of ASU 2016-02. In July 2015, the FASB issued ASU No. 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments ("ASU 2015-16"), which simplifies the accounting for measurement-period adjustments to provisional amounts recognized in a business combination. ASU 2015-16 is effective for fiscal years (and interim reporting periods within those years) beginning after December 15, 2016. The provisions of ASU 2015-16 are not expected to have a material effect on the Company's financial condition, results of operations, or cash flows. In April 2015, the FASB issued ASU No. 2015-05, Customer's Accounting For Fees Paid In A Cloud Computing Arrangement (“ASU 2015-05”), which provides guidance for a customer's accounting for cloud computing costs. ASU 2015-05 is effective for fiscal years (and interim reporting periods within those years) beginning after December 15, 2015. The provisions of ASU 2015-05 are not expected to have a material effect on the Company's financial condition, results of operations, or cash flows. In May 2014, the FASB issued ASU No. 2014-09, Revenue From Contracts With Customers (“ASU 2014-09”), which outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers. ASU 2014-09 is effective for fiscal years (and interim reporting periods within those years) beginning after December 15, 2017. ASU 2014-09 permits the use of either the retrospective or cumulative effect transition method. The Company is currently evaluating the impact of the provisions of ASU 2014-09. All other newly issued accounting pronouncements not yet effective have been deemed either immaterial or not applicable.

Fair Value Measurements

9 Months Ended

May 31, 2016

Fair Value Disclosures [Abstract]

Fair Value Measurements

The Company determines fair value measurements based on the assumptions a market participant would use in pricing the asset or liability. Accounting Standards Codification ("ASC") Topic 820, Fair Value Measurements and Disclosures (“ASC 820”), establishes a three level hierarchy making a distinction between market participant assumptions based on (i) unadjusted quoted prices for identical assets or liabilities in an active market (Level 1), (ii) quoted prices in markets that are not active or inputs that are observable either directly or indirectly for substantially the full term of the asset or liability (Level 2), and (iii) prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement (Level 3).

The following table presents information about assets and liabilities required to be carried at fair value and measured on a recurring basis as of May 31, 2016 and August 31, 2015:



	Fair Value Measurements as of:
	May 31, 2016				August 31, 2015
	Level 1		Total Fair Value		Level 1		Total Fair Value
Assets:
Cash and cash equivalents	$	337.0	$	337.0	$	756.8	$	756.8
Other	0.4		0.4		0.5		0.5
Liabilities:
Other	$	0.4	$	0.4	$	0.5	$	0.5

The Company utilizes valuation methodologies to determine the fair values of its financial assets and liabilities in conformity with the concepts of “exit price” and the fair value hierarchy as prescribed in ASC 820. All valuation methods and assumptions are validated at least quarterly to ensure the accuracy and relevance of the fair values. There were no material changes to the valuation methods or assumptions used to determine fair values during the current period.

The Company used quoted market prices to determine the fair value of Level 1 assets and liabilities. No transfers between the levels of the fair value hierarchy occurred during the current fiscal period. In the event of a transfer in or out of a level within the fair value hierarchy, the transfers would be recognized on the date of occurrence.

Disclosures of fair value information about financial instruments (whether or not recognized in the balance sheet), for which it is practicable to estimate that value, are required each reporting period in addition to any financial instruments carried at fair value on a recurring basis as prescribed by ASC Topic 825, Financial Instruments (“ASC 825”). In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows.

The carrying values and estimated fair values of certain of the Company’s financial instruments were as follows at May 31, 2016 and August 31, 2015:



	May 31, 2016				August 31, 2015
	Carrying Value		Fair Value		Carrying Value		Fair Value
Assets:
Investment in noncontrolling affiliate	$	8.0	$	8.0	$	8.0	$	8.0
Liabilities:
Senior unsecured public notes, net of unamortized discount and deferred costs	$	348.5	$	384.6	$	348.4	$	386.4
Other debt	5.7		5.7		4.0		4.0

Investment in noncontrolling affiliate represents a strategic investment accounted for using the cost method. The Company estimates that the historical cost of the acquired shares represents the fair value of the investment (Level 3).

The senior unsecured public notes are carried at the outstanding balance, net of bond discounts and deferred costs, as of the end of the reporting period. Fair value is estimated based on discounted future cash flows using rates currently available for debt of similar terms and maturity (Level 2).

Other long-term debt includes instruments for which fair value is estimated based on discounted future cash flows using rates currently available for debt of similar terms and maturity (Level 2). One of the instruments is a variable-rate instrument that resets on a weekly basis; therefore, the Company estimates that the face amount of the instrument approximates fair value.

ASC 825 excludes certain financial instruments and all nonfinancial instruments from its disclosure requirements. Accordingly, the aggregate fair value amounts presented do not represent the underlying value to the Company. In many cases, the fair value estimates cannot be substantiated by comparison to independent markets, nor can the disclosed value be realized in immediate settlement of the instruments. In evaluating the Company’s management of liquidity and other risks, the fair values of all assets and liabilities should be taken into consideration, not only those presented above.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Goodwill and Intangible Assets

9 Months Ended

May 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Through multiple acquisitions, the Company acquired intangible assets consisting primarily of trademarks and trade names associated with specific products with finite lives, definite-lived distribution networks, patented technology, non-compete agreements, and customer relationships, which are amortized over their estimated useful lives. Indefinite-lived intangible assets consist of trade names that are expected to generate cash flows indefinitely.

The Company recorded amortization expense of $7.5 and $2.7 during the three months ended May 31, 2016 and May 31, 2015, respectively, and $18.5 and $8.3 during the nine months ended May 31, 2016 and May 31, 2015, respectively. Amortization expense is generally recorded on a straight-line basis and is expected to be approximately $25.1 in fiscal 2016, $27.1 in fiscal 2017, $27.1 in fiscal 2018, $27.1 in fiscal 2019, and $25.8 in fiscal 2020.

Amortization expense recorded by the Company, as well as expected amortization expense, include a preliminary estimate related to intangibles acquired with Distech Controls, Geometri, and Juno Lighting. These amounts are deemed to be provisional until disclosed otherwise, as the Company continues to gather information related to the identification and valuation of intangible assets acquired. Refer to the Acquisitions & Investments footnote for additional information regarding the preliminary purchase price allocation.

The change in the carrying amount of goodwill during the nine months ended May 31, 2016 is summarized as follows:



Balance at August 31, 2015	$	565.0
Additions from acquired businesses	324.0
Foreign currency translation adjustments	0.8
Balance at May 31, 2016	$	889.8

Further discussion of the Company’s goodwill and other intangible assets is included within the Significant Accounting Policies footnote of the Notes to Consolidated Financial Statements within the Company’s Form 10-K.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

Inventories

9 Months Ended

May 31, 2016

Inventory Disclosure [Abstract]

Inventories

Inventories include materials, labor, in-bound freight, and related manufacturing overhead, are stated at the lower of cost (on a first-in, first-out or average cost basis) or market, and consist of the following:



	May 31, 2016			August 31, 2015
Raw materials, supplies, and work in process⁽¹⁾	$	159.3		$	125.7
Finished goods	149.9			113.9
	309.2			239.6
Less: Reserves	(20.3		)	(14.8		)
Total Inventory	$	288.9		$	224.8

_______________________________________


⁽¹⁾	Due to the immaterial amount of estimated work in process and the short lead times for the conversion of raw materials to finished goods, the Company does not believe the segregation of raw materials and work in process to be meaningful information.

Earnings Per Share

9 Months Ended

May 31, 2016

Earnings Per Share [Abstract]

Earning Per Share

Earnings Per Share

Basic earnings per share is computed by dividing net earnings available to common stockholders by the weighted average number of common shares outstanding, which has been modified to include the effects of all participating securities (unvested share-based payment awards with a right to receive nonforfeitable dividends) as prescribed by the two-class method under ASC Topic 260, Earnings Per Share (“ASC 260”), during the period. The equity plan approved by stockholders in January 2013 changed the dividend provisions causing share-based payment awards to lose the right to receive nonforfeitable dividends. Due to this change, any shares granted after January 2013 are not participating securities as prescribed by the two-class method under ASC 260 and are accounted for in the diluted earnings per share calculation described below.

Diluted earnings per share is computed similarly but reflects the potential dilution that would occur if dilutive options were exercised, restricted stock awards (unvested share-based payment awards without a right to receive nonforfeitable dividends) were vested, and other distributions related to deferred stock agreements were incurred. Further discussion of the Company’s stock options and restricted stock awards is included within the Common Stock and Related Matters and Share-Based Payments footnotes of the Notes to Consolidated Financial Statements within the Company’s Form 10-K.

The following table calculates basic earnings per common share and diluted earnings per common share for the three and nine months ended May 31, 2016 and May 31, 2015:



	Three Months Ended						Nine Months Ended
	May 31, 2016			May 31, 2015			May 31, 2016			May 31, 2015
Basic Earnings per Share:
Net income	$	74.0		$	64.5		$	207.9		$	162.0
Less: Income attributable to participating securities	(0.1		)	(0.2		)	(0.3		)	(0.7		)
Net income available to common shareholders	$	73.9		$	64.3		$	207.6		$	161.3
Basic weighted average shares outstanding	43.5			43.2			43.4			43.1
Basic earnings per share	$	1.70		$	1.49		$	4.78		$	3.74
Diluted Earnings per Share:
Net income	$	74.0		$	64.5		$	207.9		$	162.0
Less: Income attributable to participating securities	(0.1		)	(0.2		)	(0.3		)	(0.7		)
Net income available to common shareholders	$	73.9		$	64.3		$	207.6		$	161.3
Basic weighted average shares outstanding	43.5			43.2			43.4			43.1
Common stock equivalents	0.3			0.3			0.3			0.3
Diluted weighted average shares outstanding	43.8			43.5			43.7			43.4
Diluted earnings per share	$	1.69		$	1.48		$	4.75		$	3.72

The following table presents stock options and restricted stock awards that were excluded from the diluted earnings per share calculation for the three and nine months ended May 31, 2016 and May 31, 2015 as the effect of inclusion would have been antidilutive:



	Three Months Ended		Nine Months Ended
	May 31, 2016	May 31, 2015	May 31, 2016	May 31, 2015

Stock options	47,406	52,143	56,840	62,175
Restricted stock awards	—	—	12,529	2,238

Comprehensive Income

9 Months Ended

May 31, 2016

Equity [Abstract]

Comprehensive Income

Comprehensive income represents a measure of all changes in equity that result from recognized transactions and other economic events other than transactions with owners in their capacity as owners. Other comprehensive income for the Company includes foreign currency translation and pension adjustments.

The following table presents the changes in each component of accumulated other comprehensive loss:



	Foreign Currency Items			Defined Benefit Pension Plans			Accumulated Other Comprehensive Loss Items
Balance at August 31, 2015	$	(42.1	)	$	(68.3	)	$	(110.4	)
Other Comprehensive Loss before reclassifications	(3.4		)	—			(3.4		)
Amounts reclassified from accumulated other comprehensive income	—			4.0			4.0
Net current-period Other Comprehensive Income (Loss)	(3.4		)	4.0			0.6
Balance at May 31, 2016	$	(45.5	)	$	(64.3	)	$	(109.8	)

The following tables present the tax expense or benefit allocated to each component of other comprehensive income (loss) for the three and nine months ended May 31, 2016 and May 31, 2015:



	Three Months Ended
	May 31, 2016										May 31, 2015
	Before Tax Amount				Tax (Expense) Benefit			Net of Tax Amount			Before Tax Amount				Tax (Expense) Benefit			Net of Tax Amount
Foreign Currency Translation Adjustments	$	10.0			$	—		$	10.0		$	(1.5	)		$	—		$	(1.5	)
Defined Benefit Pension Plans:
Amortization of defined benefit pension items:
Prior service cost	0.8			⁽¹⁾	(0.3		)	0.5			0.2			⁽¹⁾	(0.1		)	0.1
Actuarial losses	1.2			⁽¹⁾	(0.4		)	0.8			1.1			⁽¹⁾	(0.3		)	0.8
Total Defined Benefit Pension Plans, net	2.0				(0.7		)	1.3			1.3				(0.4		)	0.9
Other Comprehensive Loss	$	12.0			$	(0.7	)	$	11.3		$	(0.2	)		$	(0.4	)	$	(0.6	)

	Nine Months Ended
	May 31, 2016										May 31, 2015
	Before Tax Amount				Tax (Expense) Benefit			Net of Tax Amount			Before Tax Amount				Tax (Expense) Benefit			Net of Tax Amount
Foreign Currency Translation Adjustments	$	(3.4	)		$	—		$	(3.4	)	$	(18.5	)		$	—		$	(18.5	)
Defined Benefit Pension Plans:
Actuarial gain or loss	—				—			—			(1.3		)		0.3			(1.0		)
Amortization of defined benefit pension items:
Prior service cost	2.3			⁽¹⁾	(0.8		)	1.5			0.6			⁽¹⁾	(0.2		)	0.4
Actuarial losses	3.7			⁽¹⁾	(1.2		)	2.5			3.3			⁽¹⁾	(1.1		)	2.2
Total Defined Benefit Pension Plans, net	6.0				(2.0		)	4.0			2.6				(1.0		)	1.6
Other Comprehensive Loss	$	2.6			$	(2.0	)	$	0.6		$	(15.9	)		$	(1.0	)	$	(16.9	)

_______________________________________


⁽¹⁾	These accumulated other comprehensive income components are included in net periodic pension cost. See Pension and Profit Sharing Plans footnote within the Notes to Consolidated Financial Statements for additional details.

- Definition

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e689-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=66004124&loc=SL7669619-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e640-108580

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 17
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e716-108580

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e709-108580

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e637-108580

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e681-108580

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Reclassification Adjustments
-URI http://asc.fasb.org/extlink&oid=6522872

+ Details

Debt

9 Months Ended

May 31, 2016

Debt Disclosure [Abstract]

Debt

Lines of Credit

On August 27, 2014, the Company executed a $250.0 revolving credit facility (the “Revolving Credit Facility”). The Revolving Credit Facility will mature and all amounts outstanding will be due and payable on August 27, 2019.

The Revolving Credit Facility contains financial covenants, including a minimum interest coverage ratio (“Minimum Interest Coverage Ratio”) and a leverage ratio (“Maximum Leverage Ratio”) of total indebtedness to EBITDA (earnings before interest, taxes, depreciation, and amortization expense), as such terms are defined in the Revolving Credit Facility agreement. These ratios are computed at the end of each fiscal quarter for the most recent 12-month period. The Revolving Credit Facility allows for a Maximum Leverage Ratio of 3.50 and a Minimum Interest Coverage Ratio of 2.50, subject to certain conditions defined in the financing agreement. As of May 31, 2016, the Company was in compliance with all financial covenants under the Revolving Credit Facility. At May 31, 2016, the Company had additional borrowing capacity under the Revolving Credit Facility of $243.9 under the most restrictive covenant in effect at the time, which represents the full amount of the Revolving Credit Facility less outstanding letters of credit of $6.1 issued under the Revolving Credit Facility. As of May 31, 2016, the Company had outstanding letters of credit totaling $11.0, primarily for securing collateral requirements under the casualty insurance programs for Acuity Brands and providing credit support for the Company’s industrial revenue bond, including $6.1 issued under the Revolving Credit Facility.

Generally, amounts outstanding under the Revolving Credit Facility bear interest at a “Eurocurrency Rate.” Eurocurrency Rate advances can be denominated in a variety of currencies, including U.S. Dollars, and amounts outstanding bear interest at a periodic fixed rate equal to the London Inter Bank Offered Rate (“LIBOR”) for the applicable currency plus a margin as determined by the Company's leverage ratio (“Applicable Margin”). The Applicable Margin is based on the Company’s leverage ratio, as defined in the Revolving Credit Facility, with such margin ranging from 1.000% to 1.575%.

The Company is required to pay certain fees in connection with the Revolving Credit Facility, including administrative service fees and an annual facility fee. The annual facility fee is payable quarterly, in arrears, and is determined by the Company’s leverage ratio as defined in the Revolving Credit Facility. This facility fee ranges from 0.125% to 0.300% of the aggregate $250.0 commitment of the lenders under the Revolving Credit Facility.

Long-term Debt

At May 31, 2016, the Company had $350.0 of publicly-traded, senior unsecured notes outstanding at a 6% interest rate that are scheduled to mature in December 2019 (the “Notes”) and $4.0 of tax-exempt industrial revenue bonds that are scheduled to mature in 2021. The Company also had $1.7 outstanding under fixed-rate bank loans. Further discussion of the Company's long-term debt is included within the Debt and Lines of Credit footnote of the Notes to Consolidated Financial Statements within the Company’s Form 10-K.

Interest Expense

Interest expense, net, is comprised primarily of interest expense on long-term debt, obligations in connection with non-qualified retirement benefits, and Revolving Credit Facility borrowings partially offset by interest income on cash and cash equivalents.

The following table summarizes the components of interest expense, net:



	Three Months Ended						Nine Months Ended
	May 31, 2016			May 31, 2015			May 31, 2016			May 31, 2015
Interest expense	$	8.3		$	8.2		$	24.9		$	24.5
Interest income	(0.2		)	(0.3		)	(0.7		)	(0.7		)
Interest expense, net	$	8.1		$	7.9		$	24.2		$	23.8

Commitments and Contingencies

9 Months Ended

May 31, 2016

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

In the normal course of business, the Company is subject to the effects of certain contractual stipulations, events, transactions, and laws and regulations that may, at times, require the recognition of liabilities, such as those related to self-insurance reserves and claims, legal and contractual issues, environmental laws and regulations, guarantees, and indemnities. The Company establishes reserves when the associated costs related to uncertainties or guarantees become probable and can be reasonably estimated. For the period ended May 31, 2016, no material changes have occurred in the Company's reserves for self-insurance, litigation, environmental matters, guarantees and indemnities, or relevant events and circumstances, from those disclosed in the Commitments and Contingencies footnote of the Notes to Consolidated Financial Statements within the Company’s Form 10-K.

Trade Compliance Matters

Prior to the close of the acquisition, Distech Controls discovered shipments by it and its subsidiaries during the past five years of standard commercial building control products directly or indirectly to customers in a country that may constitute violations of U.S. and Canadian sanctions or export regulations, including those administered by the U.S. Office of Foreign Asset Control (“OFAC”) and the Export Controls Division of the Canadian Department of Foreign Affairs, Trade and Development ("DFATD"). Distech Controls estimates that it received total revenue of approximately $0.3 from these shipments. Distech Controls has voluntarily self-reported the potential violations to OFAC and DFATD and retained outside counsel that conducted an investigation of the matter and filed a full voluntary disclosure with these agencies. Now that the Company has acquired Distech Controls, the Company has greater access to information regarding Distech Controls’ prior operations and will continue to assess the matter and implement related ongoing compliance and remediation efforts.

The Company intends to fully cooperate with respect to any investigations by governmental agencies of the potential violations. The former shareholders of Distech Controls have jointly agreed to indemnify the Company for damages, if any, as a result of, in respect of, connected with or arising out of the potential violations or any inaccuracy or breach of the representations made by Distech Controls to the Company related thereto, up to a specified aggregate amount, which is not material to the Company's consolidated financial statements. These indemnity obligations are supported by an escrow account containing proceeds from the transaction equal to the specified aggregate amount. The Company currently believes that this indemnity will be sufficient to cover any damages related to the potential violations and the costs and expenses related to the investigation thereof and any related remedial actions. The Company therefore does not expect this matter to have a material adverse effect on the business, financial condition, cash flow, or results of operations of the Company. There can be no assurance, however, that actual damages, costs and expenses will not be in excess of the indemnity or that the Company and its affiliates will not be subject to other damages, including but not limited to damage to the Company's reputation or monetary or non-monetary penalties as permitted under applicable trade laws, that may not be fully covered by the indemnity. Estimated liabilities for legal fees as well as potential fines or penalties related to this matter are included in Other accrued liabilities within the Consolidated Balance Sheets.

The Company discovered through a review of shipment activity that it may have misclassified certain shipments of component parts to its manufacturing facilities under applicable import/export regulations. Although no claim has been asserted against the Company, the Company is reviewing these shipments to determine the extent of any liabilities and the extent of available remedial measures. The Company is unable at this time to determine the likelihood or amount of any loss associated with the misclassification of these shipments.

Product Warranty and Recall Costs

Acuity Brands records an allowance for the estimated amount of future warranty costs when the related revenue is recognized. Estimated costs related to product recalls based on a formal campaign soliciting repair or return of that product are accrued when they are deemed to be probable and can be reasonably estimated. Estimated future warranty and recall costs are primarily based on historical experience of identified warranty and recall claims. However, there can be no assurance that future warranty or recall costs will not exceed historical amounts or new technology products, which may include extended warranties, may not generate unexpected costs. If actual future warranty or recall costs exceed historical amounts, additional allowances may be required, which could have a material adverse impact on the Company’s results of operations and cash flows.

Reserves for product warranty and recall costs are included in Other accrued liabilities and Other long-term liabilities on the Consolidated Balance Sheets. The changes in the reserves for product warranty and recall costs during the nine months ended May 31, 2016 and May 31, 2015 are summarized as follows:



	Nine Months Ended
	May 31, 2016			May 31, 2015
Beginning of period	$	9.6		$	8.5
Warranty and recall costs	18.8			15.6
Payments and other deductions	(14.5		)	(13.0		)
Acquired warranty and recall liabilities	0.3			—
End of period	$	14.2		$	11.1

Litigation

The Company is subject to various legal claims arising in the normal course of business, including patent infringement, employment matters, and product liability claims. Based on information currently available, it is the opinion of management that the ultimate resolution of pending and threatened legal proceedings will not have a material adverse effect on the financial condition, results of operations, or cash flows of the Company. However, in the event of unexpected future developments, it is possible that the ultimate resolution of any such matters, if unfavorable, could have a material adverse effect on the financial condition, results of operations, or cash flows of the Company in future periods. The Company establishes reserves for legal claims when associated costs become probable and can be reasonably estimated. The actual costs of resolving legal claims may be substantially higher than the amounts reserved for such claims. However, the Company cannot make a meaningful estimate of actual costs to be incurred that could possibly be higher or lower than the amounts reserved.

Share-Based Payments

9 Months Ended

May 31, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Share-Based Payments

The Company accounts for share-based payments through the measurement and recognition of compensation expense for share-based payment awards made to employees and directors of the Company, including stock options and restricted shares (all part of the Company's equity incentive plan), and share units representing certain deferrals into the Company's director deferred compensation plan or the Company's supplemental deferred savings plan. Further details regarding each of these award programs and the Company's share-based payments are included within the Share-Based Payments footnote of the Notes to Consolidated Financial Statements within the Company’s Form 10-K.

The following table presents share-based payment information for the three and nine months ended May 31, 2016 and May 31, 2015:



	Three Months Ended				Nine Months Ended
	May 31, 2016		May 31, 2015		May 31, 2016		May 31, 2015

Share-based expense	$	6.9	$	4.4	$	19.9	$	12.8
Shares issued upon exercise of stock options	68,159		—		185,448		187,766

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References + Details

Pension and Profit Sharing Plans

9 Months Ended

May 31, 2016

Compensation and Retirement Disclosure [Abstract]

Pension and Profit Sharing Plans

The Company has several pension plans, both qualified and non-qualified, covering certain hourly and salaried employees. Benefits paid under these plans are based generally on employees’ years of service and/or compensation during the final years of employment. Plan assets are invested primarily in equity and fixed income securities.

Net periodic pension cost for the Company’s defined benefit pension plans during the three and nine months ended May 31, 2016 and May 31, 2015 included the following components before tax:



	Three Months Ended						Nine Months Ended
	May 31, 2016			May 31, 2015			May 31, 2016			May 31, 2015
Service cost	$	0.9		$	0.8		$	2.7		$	2.3
Interest cost	2.4			2.1			7.2			6.3
Expected return on plan assets	(2.8		)	(2.8		)	(8.4		)	(8.2		)
Amortization of prior service cost	0.8			0.2			2.3			0.6
Recognized actuarial loss	1.2			1.1			3.7			3.3
Net periodic pension cost	$	2.5		$	1.4		$	7.5		$	4.3

Special Charge

9 Months Ended

May 31, 2016

Restructuring and Related Activities [Abstract]

Special Charge

Fiscal 2016 Actions

During fiscal 2016, the Company recorded a pre-tax special charge of $10.2, consisting primarily of severance and employee-related costs, for actions initiated to streamline the organization, including the integration of recent acquisitions. These streamlining activities include the consolidation of selected production activities and realignment of certain responsibilities, primarily within various selling, distribution, and administrative departments. The Company expects that these actions to streamline its business activities, in addition to those taken in previous fiscal years, will allow it to reduce spending in certain areas while permitting continued investment in future growth initiatives, such as new products, expanded market presence, and technology and innovation.

Fiscal 2015 Actions

During fiscal 2015, the Company streamlined the organization by realigning certain responsibilities primarily within various selling, distribution, and administrative departments and the consolidation of certain production activities. During fiscal 2015, the Company recorded a pre-tax special charge of $12.9, consisting primarily of severance and employee-related costs of $11.9 as well as production transfer costs of $0.5 and lease termination costs of $0.5.

As of May 31, 2016, remaining severance reserves were $8.9 and are included in Accrued Compensation on the Consolidated Balance Sheets. The changes in the reserves related to these programs during the nine months ended May 31, 2016 are summarized as follows:



	Fiscal 2015 Actions			Fiscal 2016 Actions			Total
Balance at August 31, 2015	$	4.9		$	—		$	4.9
Special charge	—			10.2			10.2
Payments made during the period	(4.0		)	(2.2		)	(6.2		)
Balance at May 31, 2016	$	0.9		$	8.0		$	8.9

Supplemental Guarantor Condensed Consolidating Financial Statements

9 Months Ended

May 31, 2016

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Supplemental Guarantor Condensed Consolidating Financial Statements

In December 2009, ABL, the 100% owned and principal operating subsidiary of the Company, refinanced the then current outstanding debt through the issuance of the Notes. See Debt and Lines of Credit footnote of the Notes to Consolidated Financial Statements within the Company’s Form 10-K for further information.

In accordance with the registration rights agreement by and between ABL and the guarantors to the Notes and the initial purchasers of the Notes, ABL and the guarantors to the Notes filed a registration statement with the SEC for an offer to exchange the Notes for an issue of SEC-registered notes with identical terms. Due to the filing of the registration statement and offer to exchange, the Company determined the need for compliance with Rule 3-10 of SEC Regulation S-X (“Rule 3-10”). In lieu of providing separate audited financial statements for ABL and ABL IP Holding, the Company has included the accompanying Condensed Consolidating Financial Statements in accordance with Rule 3-10(d) of SEC Regulation S-X since the Notes are fully and unconditionally guaranteed by Acuity Brands and ABL IP Holding. The column marked “Parent” represents the financial condition, results of operations, and cash flows of Acuity Brands. The column marked “Subsidiary Issuer” represents the financial condition, results of operations, and cash flows of ABL. The column entitled “Subsidiary Guarantor” represents the financial condition, results of operations, and cash flows of ABL IP Holding. Lastly, the column listed as “Non-Guarantors” includes the financial condition, results of operations, and cash flows of the non-guarantor direct and indirect subsidiaries of Acuity Brands, which consist primarily of foreign subsidiaries. Eliminations were necessary in order to arrive at consolidated amounts. In addition, the equity method of accounting was used to calculate investments in subsidiaries. Accordingly, this basis of presentation is not intended to present our financial condition, results of operations, or cash flows for any purpose other than to comply with the specific requirements for parent-subsidiary guarantor reporting.

CONDENSED CONSOLIDATING BALANCE SHEETS



	May 31, 2016
	Parent		Subsidiary Issuer		Subsidiary Guarantor		Non- Guarantors		Consolidating Adjustments			Consolidated

ASSETS
Current Assets:
Cash and cash equivalents	$	299.6	$	—	$	—	$	37.4	$	—		$	337.0
Accounts receivable, net	—		430.2		—		63.8		—			494.0
Inventories	—		268.2		—		20.7		—			288.9
Other current assets	4.2		13.1		—		17.6		—			34.9
Total Current Assets	303.8		711.5		—		139.5		—			1,154.8
Property, Plant, and Equipment, net	0.3		211.7		—		50.9		—			262.9
Goodwill	—		680.5		2.7		206.6		—			889.8
Intangible assets, net	—		236.2		114.3		98.2		—			448.7
Deferred income taxes	22.5		—		—		3.3		(22.6		)	3.2
Other long-term assets	0.1		22.1		—		1.6		—			23.8
Investments in and amounts due from affiliates	1,386.0		285.1		190.2		—		(1,861.3		)	—
Total Assets	$	1,712.7	$	2,147.1	$	307.2	$	500.1	$	(1,883.9	)	$	2,783.2

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities:
Accounts payable	$	0.8	$	330.1	$	—	$	23.0	$	—		$	353.9
Current maturities of long-term debt	—		—		—		0.2		—			0.2
Other accrued liabilities	6.6		189.2		—		34.7		—			230.5
Total Current Liabilities	7.4		519.3		—		57.9		—			584.6
Long-Term Debt	—		352.7		—		1.5		—			354.2
Deferred Income Taxes	35.7		75.0		—		27.9		(22.6		)	116.0
Other Long-Term Liabilities	81.6		41.3		—		17.6		—			140.5
Amounts due to affiliates	—		—		—		80.1		(80.1		)	—
Total Stockholders’ Equity	1,588.0		1,158.8		307.2		315.1		(1,781.2		)	1,587.9
Total Liabilities and Stockholders’ Equity	$	1,712.7	$	2,147.1	$	307.2	$	500.1	$	(1,883.9	)	$	2,783.2

CONDENSED CONSOLIDATING BALANCE SHEETS



	August 31, 2015
	Parent		Subsidiary Issuer		Subsidiary Guarantor		Non- Guarantors		Consolidating Adjustments			Consolidated

ASSETS
Current Assets:
Cash and cash equivalents	$	479.9	$	—	$	—	$	276.9	$	—		$	756.8
Accounts receivable, net	—		365.5		—		46.2		—			411.7
Inventories	—		208.6		—		16.2		—			224.8
Other current assets	1.6		11.6		—		6.9		—			20.1
Total Current Assets	481.5		585.7		—		346.2		—			1,413.4
Property, Plant, and Equipment, net	0.3		139.8		—		34.5		—			174.6
Goodwill	—		524.2		2.7		38.1		—			565.0
Intangible assets, net	—		87.4		117.3		18.7		—			223.4
Deferred income taxes	41.9		—		—		5.2		(43.6		)	3.5
Other long-term assets	1.3		23.8		—		2.0		—			27.1
Investments in and amounts due from affiliates	934.7		333.5		168.5		—		(1,436.7		)	—
Total Assets	$	1,459.7	$	1,694.4	$	288.5	$	444.7	$	(1,480.3	)	$	2,407.0

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities:
Accounts payable	$	0.9	$	291.6	$	—	$	18.6	$	—		$	311.1
Other accrued liabilities	20.4		162.7		—		26.7		—			209.8
Total Current Liabilities	21.3		454.3		—		45.3		—			520.9
Long-Term Debt	—		352.4		—		—		—			352.4
Deferred Income Taxes	—		75.3		—		—		(43.6		)	31.7
Other Long-Term Liabilities	78.4		42.7		—		20.9		—			142.0
Amounts due to affiliates	—		—		—		77.5		(77.5		)	—
Total Stockholders’ Equity	1,360.0		769.7		288.5		301.0		(1,359.2		)	1,360.0
Total Liabilities and Stockholders’ Equity	$	1,459.7	$	1,694.4	$	288.5	$	444.7	$	(1,480.3	)	$	2,407.0

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME



	Three Months Ended May 31, 2016
	Parent			Subsidiary Issuer		Subsidiary Guarantor		Non- Guarantors			Consolidating Adjustments			Consolidated
Net Sales:
External sales	$	—		$	753.8	$	—	$	97.7		$	—		$	851.5
Intercompany sales	—			—		12.2		29.9			(42.1		)	—
Total Sales	—			753.8		12.2		127.6			(42.1		)	851.5
Cost of Products Sold	—			405.1		—		97.1			(28.6		)	473.6
Gross Profit	—			348.7		12.2		30.5			(13.5		)	377.9
Selling, Distribution, and Administrative Expenses	12.2			218.5		0.9		29.2			(13.6		)	247.2
Intercompany charges	(0.8		)	0.3		—		0.4			0.1			—
Special Charge	—			9.7		—		—			—			9.7
Operating Profit (Loss)	(11.4		)	120.2		11.3		0.9			—			121.0
Interest expense, net	2.6			4.0		—		1.5			—			8.1
Equity earnings in subsidiaries	(83.0		)	0.3		—		—			82.7			—
Miscellaneous income, net	—			0.1		—		0.2			—			0.3
Income before Provision for Income Taxes	69.0			115.8		11.3		(0.8		)	(82.7		)	112.6
Provision (Benefit) for Income Taxes	(5.0		)	38.3		4.6		0.7			—			38.6
Net Income	$	74.0		$	77.5	$	6.7	$	(1.5	)	$	(82.7	)	$	74.0

Other Comprehensive Income (Loss) Items:
Foreign Currency Translation Adjustments	10.0			10.0		—		—			(10.0		)	10.0
Defined Benefit Pension Plans, net	1.3			0.4		—		0.4			(0.8		)	1.3
Other Comprehensive Income (Loss) Items, net of tax	11.3			10.4		—		0.4			(10.8		)	11.3
Comprehensive Income (Loss)	$	85.3		$	87.9	$	6.7	$	(1.1	)	$	(93.5	)	$	85.3

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME



	Three Months Ended May 31, 2015
	Parent			Subsidiary Issuer			Subsidiary Guarantor		Non- Guarantors			Consolidating Adjustments			Consolidated
Net Sales:
External sales	$	—		$	622.2		$	—	$	61.5		$	—		$	683.7
Intercompany sales	—			—			10.5		21.9			(32.4		)	—
Total Sales	—			622.2			10.5		83.4			(32.4		)	683.7
Cost of Products Sold	—			343.4			—		66.0			(21.3		)	388.1
Gross Profit	—			278.8			10.5		17.4			(11.1		)	295.6
Selling, Distribution, and Administrative Expenses	7.9			179.2			1.0		19.0			(11.1		)	196.0
Intercompany charges	(0.8		)	0.4			—		0.4			—			—
Special Charge	—			0.4			—		—			—			0.4
Operating Profit (Loss)	(7.1		)	98.8			9.5		(2.0		)	—			99.2
Interest expense, net	2.5			5.4			—		—			—			7.9
Equity earnings in subsidiaries	(70.7		)	1.3			—		—			69.4			—
Miscellaneous (income) expense, net	—			(8.6		)	—		(0.9		)	—			(9.5		)
Income before Provision for Income Taxes	61.1			100.7			9.5		(1.1		)	(69.4		)	100.8
Provision (Benefit) for Income Taxes	(3.4		)	35.5			3.8		0.4			—			36.3
Net Income	$	64.5		$	65.2		$	5.7	$	(1.5	)	$	(69.4	)	$	64.5

Other Comprehensive Income (Loss) Items:
Foreign Currency Translation Adjustments	(1.5		)	(1.5		)	—		—			1.5			(1.5		)
Defined Benefit Pension Plans, net	0.9			0.3			—		0.3			(0.6		)	0.9
Other Comprehensive (Loss) Income Items, net of tax	(0.6		)	(1.2		)	—		0.3			0.9			(0.6		)
Comprehensive Income (Loss)	$	63.9		$	64.0		$	5.7	$	(1.2	)	$	(68.5	)	$	63.9

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME



	Nine Months Ended May 31, 2016
	Parent			Subsidiary Issuer			Subsidiary Guarantor		Non- Guarantors			Consolidating Adjustments			Consolidated
Net Sales:
External sales	$	—		$	2,098.3		$	—	$	267.6		$	—		$	2,365.9
Intercompany sales	—			—			34.4		91.4			(125.8		)	—
Total Sales	—			2,098.3			34.4		359.0			(125.8		)	2,365.9
Cost of Products Sold	—			1,151.6			—		268.1			(88.0		)	1,331.7
Gross Profit	—			946.7			34.4		90.9			(37.8		)	1,034.2
Selling, Distribution, and Administrative Expenses	34.3			601.2			2.9		83.4			(37.9		)	683.9
Intercompany charges	(2.4		)	0.9			—		1.4			0.1			—
Special Charge	—			10.2			—		—			—			10.2
Operating Profit (Loss)	(31.9		)	334.4			31.5		6.1			—			340.1
Interest expense, net	7.9			12.1			—		4.2			—			24.2
Equity earnings in subsidiaries	(233.5		)	(5.7		)	—		0.2			239.0			—
Miscellaneous income, net	—			(0.6		)	—		(0.9		)	—			(1.5		)
Income before Provision for Income Taxes	193.7			328.6			31.5		2.6			(239.0		)	317.4
Provision (Benefit) for Income Taxes	(14.2		)	109.6			12.8		1.3			—			109.5
Net Income	$	207.9		$	219.0		$	18.7	$	1.3		$	(239.0	)	$	207.9

Other Comprehensive Income (Loss) Items:
Foreign Currency Translation Adjustments	(3.4		)	(3.4		)	—		—			3.4			(3.4		)
Defined Benefit Pension Plans, net	4.0			1.2			—		1.0			(2.2		)	4.0
Other Comprehensive Income (Loss) Items, net of tax	0.6			(2.2		)	—		1.0			1.2			0.6
Comprehensive Income (Loss)	$	208.5		$	216.8		$	18.7	$	2.3		$	(237.8	)	$	208.5

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME



	Nine Months Ended May 31, 2015
	Parent			Subsidiary Issuer			Subsidiary Guarantor		Non- Guarantors			Consolidating Adjustments			Consolidated
Net Sales:
External sales	$	—		$	1,758.6		$	—	$	188.6		$	—		$	1,947.2
Intercompany sales	—			—			29.7		72.1			(101.8		)	—
Total Sales	—			1,758.6			29.7		260.7			(101.8		)	1,947.2
Cost of Products Sold	—			996.0			—		197.6			(70.7		)	1,122.9
Gross Profit	—			762.6			29.7		63.1			(31.1		)	824.3
Selling, Distribution, and Administrative Expenses	23.3			496.6			3.0		58.2			(31.1		)	550.0
Intercompany charges	(2.4		)	1.2			—		1.2			—			—
Special Charge	—			9.8			—		—			—			9.8
Operating Profit (Loss)	(20.9		)	255.0			26.7		3.7			—			264.5
Interest expense (income), net	7.6			16.3			—		(0.1		)	—			23.8
Equity earnings in subsidiaries	(180.5		)	(3.0		)	—		—			183.5			—
Miscellaneous income, net	—			(9.5		)	—		(1.0		)	—			(10.5		)
Income before Provision for Income Taxes	152.0			251.2			26.7		4.8			(183.5		)	251.2
Provision (Benefit) for Income Taxes	(10.0		)	86.4			10.7		2.1			—			89.2
Net Income	$	162.0		$	164.8		$	16.0	$	2.7		$	(183.5	)	$	162.0

Other Comprehensive Income (Loss) Items:
Foreign Currency Translation Adjustments	(18.5		)	(18.5		)	—		—			18.5			(18.5		)
Defined Benefit Pension Plans, net	1.6			1.0			—		0.2			(1.2		)	1.6
Other Comprehensive Income (Loss) Items, net of tax	(16.9		)	(17.5		)	—		0.2			17.3			(16.9		)
Comprehensive Income (Loss)	$	145.1		$	147.3		$	16.0	$	2.9		$	(166.2	)	$	145.1

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS



	Nine Months Ended May 31, 2016
	Parent			Subsidiary Issuer			Subsidiary Guarantor		Non- Guarantors			Consolidating Adjustments		Consolidated
Net Cash Provided by Operating Activities	$	192.7		$	49.6		$	—	$	1.6		$	—	$	243.9
Cash Provided by (Used for) Investing Activities:
Purchases of property, plant, and equipment	—			(51.1		)	—		(10.7		)	—		(61.8		)
Proceeds from sale of property, plant, and equipment	—			0.1			—		2.2			—		2.3
Investments in subsidiaries	(385.6		)	385.6			—		—			—		—
Acquisition of businesses	—			(384.4		)	—		(229.3		)	—		(613.7		)
Net Cash Used for Investing Activities	(385.6		)	(49.8		)	—		(237.8		)	—		(673.2		)
Cash Provided by (Used for) Financing Activities:
Issuance of long-term debt	—			—			—		1.7			—		1.7
Proceeds from stock option exercises and other	10.0			—			—		—			—		10.0
Excess tax benefits from share-based payments	19.7			—			—		—			—		19.7
Dividends paid	(17.1		)	—			—		—			—		(17.1		)
Net Cash Provided by Financing Activities	12.6			—			—		1.7			—		14.3
Effect of Exchange Rate Changes on Cash	—			0.2			—		(5.0		)	—		(4.8		)
Net Change in Cash and Cash Equivalents	(180.3		)	—			—		(239.5		)	—		(419.8		)
Cash and Cash Equivalents at Beginning of Period	479.9			—			—		276.9			—		756.8
Cash and Cash Equivalents at End of Period	$	299.6		$	—		$	—	$	37.4		$	—	$	337.0

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS



	Nine Months Ended May 31, 2015
	Parent			Subsidiary Issuer			Subsidiary Guarantor		Non- Guarantors			Consolidating Adjustments			Consolidated
Net Cash Provided by Operating Activities	$	104.8		$	33.8		$	—	$	19.6		$	—		$	158.2
Cash Provided by (Used for) Investing Activities:
Purchases of property, plant, and equipment	—			(29.9		)	—		(12.4		)	—			(42.3		)
Proceeds from sale of property, plant, and equipment	—			1.0			—		—			—			1.0
Investments in subsidiaries	(9.5		)	—			—		—			9.5			—
Acquisitions of business and intangible assets	—			(14.6		)	—		—			—			(14.6		)
Proceeds from settlement of financial instrument	—			14.4			—		—			—			14.4
Purchase of financial instrument	—			(4.1		)	—		—			—			(4.1		)
Net Cash Used for Investing Activities	(9.5		)	(33.2		)	—		(12.4		)	9.5			(45.6		)
Cash Provided by (Used for) Financing Activities:
Proceeds from stock option exercises and other	7.5			—			—		—			—			7.5
Excess tax benefits from share-based payments	12.6			—			—		—			—			12.6
Intercompany capital	—			—			—		9.5			(9.5		)	—
Dividends paid	(17.0		)	—			—		—			—			(17.0		)
Other financing activities	—			—			—		(10.4		)	—			(10.4		)
Net Cash Provided by Financing Activities	3.1			—			—		(0.9		)	(9.5		)	(7.3		)
Effect of Exchange Rate Changes on Cash	—			(0.2		)	—		(5.5		)	—			(5.7		)
Net Change in Cash and Cash Equivalents	98.4			0.4			—		0.8			—			99.6
Cash and Cash Equivalents at Beginning of Period	516.0			3.1			—		33.4			—			552.5
Cash and Cash Equivalents at End of Period	$	614.4		$	3.5		$	—	$	34.2		$	—		$	652.1

Significant Accounting Policies (Policies)	9 Months Ended
Significant Accounting Policies (Policies)	May 31, 2016
Accounting Policies [Abstract]
Basis of Accounting	The Consolidated Financial Statements have been prepared by the Company in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and present the financial position, results of operations, and cash flows of Acuity Brands and its wholly-owned subsidiaries. References made to years are for fiscal year periods.
Use of Estimates	Use of Estimates The preparation of financial statements and related disclosures in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expense during the reporting period. Actual results could differ from those estimates.
Reclassifications	Reclassifications Certain prior-period amounts have been reclassified to conform to the current year presentation. No material reclassifications occurred during the current period.
New Accounting Pronouncements	New Accounting Pronouncements Accounting Standards Adopted in Fiscal 2016 In November 2015, the Financial Accounting Standards Board ("FASB") issued ASU No. 2015-17, Balance Sheet Classification of Deferred Taxes ("ASU 2015-17"), requiring that all tax liabilities and assets be classified as noncurrent in a classified statement of financial position. ASU 2015-17 is effective for annual reporting periods beginning after December 15, 2016. The Company early adopted ASU 2015-17, which resulted in the reclassification of $23.1 from current deferred income taxes to noncurrent deferred income taxes on the Consolidated Balance Sheets as of August 31, 2015. Accounting Standards Yet to Be Adopted In March 2016, the FASB issued ASU No. 2016-09, Improvements to Employee Share-Based Payment Accounting, ("ASU 2016-09"), which will change certain aspects of accounting for share-based payments to employees. ASU 2016-09 is effective for fiscal years (and interim reporting periods within those years) beginning after December 15, 2016. The standard requires that all excess tax benefits and deficiencies currently recorded as additional paid in capital be prospectively recorded in income tax expense. As such, implementation of this standard could create volatility in the Company's effective income tax rate on a quarter by quarter basis. The volatility in the effective income tax rate is due primarily to fluctuations in the Company's stock price and the timing of stock option exercises and vesting of restricted share grants. The standard also requires excess tax benefits to be presented as an operating activity on the statement of cash flows rather than as a financing activity. This element of the guidance may be applied retrospectively or prospectively. The Company intends to implement the standard as required in fiscal 2018. In February 2016, the FASB issued ASU No. 2016-02, Leases, ("ASU 2016-02"), which requires lessees to include most leases on the balance sheet. ASU 2016-02 is effective for fiscal years (and interim reporting periods within those years) beginning after December 15, 2018. The Company is currently evaluating the impact of the provisions of ASU 2016-02. In July 2015, the FASB issued ASU No. 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments ("ASU 2015-16"), which simplifies the accounting for measurement-period adjustments to provisional amounts recognized in a business combination. ASU 2015-16 is effective for fiscal years (and interim reporting periods within those years) beginning after December 15, 2016. The provisions of ASU 2015-16 are not expected to have a material effect on the Company's financial condition, results of operations, or cash flows. In April 2015, the FASB issued ASU No. 2015-05, Customer's Accounting For Fees Paid In A Cloud Computing Arrangement (“ASU 2015-05”), which provides guidance for a customer's accounting for cloud computing costs. ASU 2015-05 is effective for fiscal years (and interim reporting periods within those years) beginning after December 15, 2015. The provisions of ASU 2015-05 are not expected to have a material effect on the Company's financial condition, results of operations, or cash flows. In May 2014, the FASB issued ASU No. 2014-09, Revenue From Contracts With Customers (“ASU 2014-09”), which outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers. ASU 2014-09 is effective for fiscal years (and interim reporting periods within those years) beginning after December 15, 2017. ASU 2014-09 permits the use of either the retrospective or cumulative effect transition method. The Company is currently evaluating the impact of the provisions of ASU 2014-09. All other newly issued accounting pronouncements not yet effective have been deemed either immaterial or not applicable.
Methodologies used to determine fair values of financial assets and liabilities	The Company utilizes valuation methodologies to determine the fair values of its financial assets and liabilities in conformity with the concepts of “exit price” and the fair value hierarchy as prescribed in ASC 820. All valuation methods and assumptions are validated at least quarterly to ensure the accuracy and relevance of the fair values. There were no material changes to the valuation methods or assumptions used to determine fair values during the current period.
Recognition of transfers between levels within the fair value hierarchy	The Company used quoted market prices to determine the fair value of Level 1 assets and liabilities. No transfers between the levels of the fair value hierarchy occurred during the current fiscal period. In the event of a transfer in or out of a level within the fair value hierarchy, the transfers would be recognized on the date of occurrence.

Acquisitions and Investments (Tables)

9 Months Ended

May 31, 2016

Business Combinations [Abstract]

Schedule of Aggregate Preliminary Purchase Price Allocation

The aggregate preliminary purchase price of these acquisitions was allocated as follows:



Purchase Price
Cash paid, net of cash acquired	$	613.7

Allocation
Goodwill	$	324.0
Intangible assets:
Customer-based¹	117.0
Marketing-related²	42.4
Technology-based³	81.8

Property and equipment	63.4
Other assets acquired	124.3
Liabilities assumed	(139.2		)
	$	613.7

^{______________________________}

⁽¹⁾Customer-based intangibles have useful lives between 12 and 15 years, with a weighted average amortization period of 14 years.

⁽²⁾ Marketing-related intangibles are considered indefinite-lived.

⁽³⁾Technology-based intangibles have useful lives between five and fifteen years, with a weighted average amortization period of 11.8 years.

Fair Value Measurements (Tables)

9 Months Ended

May 31, 2016

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table presents information about assets and liabilities required to be carried at fair value and measured on a recurring basis as of May 31, 2016 and August 31, 2015:



	Fair Value Measurements as of:
	May 31, 2016				August 31, 2015
	Level 1		Total Fair Value		Level 1		Total Fair Value
Assets:
Cash and cash equivalents	$	337.0	$	337.0	$	756.8	$	756.8
Other	0.4		0.4		0.5		0.5
Liabilities:
Other	$	0.4	$	0.4	$	0.5	$	0.5

Schedule of Carrying Value and Estimated Fair Value of Financial Instruments

The carrying values and estimated fair values of certain of the Company’s financial instruments were as follows at May 31, 2016 and August 31, 2015:



	May 31, 2016				August 31, 2015
	Carrying Value		Fair Value		Carrying Value		Fair Value
Assets:
Investment in noncontrolling affiliate	$	8.0	$	8.0	$	8.0	$	8.0
Liabilities:
Senior unsecured public notes, net of unamortized discount and deferred costs	$	348.5	$	384.6	$	348.4	$	386.4
Other debt	5.7		5.7		4.0		4.0

Goodwill and Intangible Assets (Tables)

9 Months Ended

May 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The change in the carrying amount of goodwill during the nine months ended May 31, 2016 is summarized as follows:



Balance at August 31, 2015	$	565.0
Additions from acquired businesses	324.0
Foreign currency translation adjustments	0.8
Balance at May 31, 2016	$	889.8

Inventories (Tables)

9 Months Ended

May 31, 2016

Inventory Disclosure [Abstract]

Schedule of Inventory



	May 31, 2016			August 31, 2015
Raw materials, supplies, and work in process⁽¹⁾	$	159.3		$	125.7
Finished goods	149.9			113.9
	309.2			239.6
Less: Reserves	(20.3		)	(14.8		)
Total Inventory	$	288.9		$	224.8

_______________________________________


⁽¹⁾	Due to the immaterial amount of estimated work in process and the short lead times for the conversion of raw materials to finished goods, the Company does not believe the segregation of raw materials and work in process to be meaningful information.

Earnings Per Share (Tables)

9 Months Ended

May 31, 2016

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table calculates basic earnings per common share and diluted earnings per common share for the three and nine months ended May 31, 2016 and May 31, 2015:



	Three Months Ended						Nine Months Ended
	May 31, 2016			May 31, 2015			May 31, 2016			May 31, 2015
Basic Earnings per Share:
Net income	$	74.0		$	64.5		$	207.9		$	162.0
Less: Income attributable to participating securities	(0.1		)	(0.2		)	(0.3		)	(0.7		)
Net income available to common shareholders	$	73.9		$	64.3		$	207.6		$	161.3
Basic weighted average shares outstanding	43.5			43.2			43.4			43.1
Basic earnings per share	$	1.70		$	1.49		$	4.78		$	3.74
Diluted Earnings per Share:
Net income	$	74.0		$	64.5		$	207.9		$	162.0
Less: Income attributable to participating securities	(0.1		)	(0.2		)	(0.3		)	(0.7		)
Net income available to common shareholders	$	73.9		$	64.3		$	207.6		$	161.3
Basic weighted average shares outstanding	43.5			43.2			43.4			43.1
Common stock equivalents	0.3			0.3			0.3			0.3
Diluted weighted average shares outstanding	43.8			43.5			43.7			43.4
Diluted earnings per share	$	1.69		$	1.48		$	4.75		$	3.72

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share



	Three Months Ended		Nine Months Ended
	May 31, 2016	May 31, 2015	May 31, 2016	May 31, 2015

Stock options	47,406	52,143	56,840	62,175
Restricted stock awards	—	—	12,529	2,238

Comprehensive Income (Tables)

9 Months Ended

May 31, 2016

Equity [Abstract]

Changes in components of accumulated other comprehensive loss items

The following table presents the changes in each component of accumulated other comprehensive loss:



	Foreign Currency Items			Defined Benefit Pension Plans			Accumulated Other Comprehensive Loss Items
Balance at August 31, 2015	$	(42.1	)	$	(68.3	)	$	(110.4	)
Other Comprehensive Loss before reclassifications	(3.4		)	—			(3.4		)
Amounts reclassified from accumulated other comprehensive income	—			4.0			4.0
Net current-period Other Comprehensive Income (Loss)	(3.4		)	4.0			0.6
Balance at May 31, 2016	$	(45.5	)	$	(64.3	)	$	(109.8	)

Schedule of comprehensive income

The following tables present the tax expense or benefit allocated to each component of other comprehensive income (loss) for the three and nine months ended May 31, 2016 and May 31, 2015:



	Three Months Ended
	May 31, 2016										May 31, 2015
	Before Tax Amount				Tax (Expense) Benefit			Net of Tax Amount			Before Tax Amount				Tax (Expense) Benefit			Net of Tax Amount
Foreign Currency Translation Adjustments	$	10.0			$	—		$	10.0		$	(1.5	)		$	—		$	(1.5	)
Defined Benefit Pension Plans:
Amortization of defined benefit pension items:
Prior service cost	0.8			⁽¹⁾	(0.3		)	0.5			0.2			⁽¹⁾	(0.1		)	0.1
Actuarial losses	1.2			⁽¹⁾	(0.4		)	0.8			1.1			⁽¹⁾	(0.3		)	0.8
Total Defined Benefit Pension Plans, net	2.0				(0.7		)	1.3			1.3				(0.4		)	0.9
Other Comprehensive Loss	$	12.0			$	(0.7	)	$	11.3		$	(0.2	)		$	(0.4	)	$	(0.6	)

	Nine Months Ended
	May 31, 2016										May 31, 2015
	Before Tax Amount				Tax (Expense) Benefit			Net of Tax Amount			Before Tax Amount				Tax (Expense) Benefit			Net of Tax Amount
Foreign Currency Translation Adjustments	$	(3.4	)		$	—		$	(3.4	)	$	(18.5	)		$	—		$	(18.5	)
Defined Benefit Pension Plans:
Actuarial gain or loss	—				—			—			(1.3		)		0.3			(1.0		)
Amortization of defined benefit pension items:
Prior service cost	2.3			⁽¹⁾	(0.8		)	1.5			0.6			⁽¹⁾	(0.2		)	0.4
Actuarial losses	3.7			⁽¹⁾	(1.2		)	2.5			3.3			⁽¹⁾	(1.1		)	2.2
Total Defined Benefit Pension Plans, net	6.0				(2.0		)	4.0			2.6				(1.0		)	1.6
Other Comprehensive Loss	$	2.6			$	(2.0	)	$	0.6		$	(15.9	)		$	(1.0	)	$	(16.9	)

_______________________________________


⁽¹⁾	These accumulated other comprehensive income components are included in net periodic pension cost. See Pension and Profit Sharing Plans footnote within the Notes to Consolidated Financial Statements for additional details.

Debt (Tables)

9 Months Ended

May 31, 2016

Debt Disclosure [Abstract]

Schedule of Interest Expense, Net

The following table summarizes the components of interest expense, net:



	Three Months Ended						Nine Months Ended
	May 31, 2016			May 31, 2015			May 31, 2016			May 31, 2015
Interest expense	$	8.3		$	8.2		$	24.9		$	24.5
Interest income	(0.2		)	(0.3		)	(0.7		)	(0.7		)
Interest expense, net	$	8.1		$	7.9		$	24.2		$	23.8

Commitments and Contingencies (Tables)

9 Months Ended

May 31, 2016

Commitments and Contingencies Disclosure [Abstract]

Schedule of Product Warranty Liability

The changes in the reserves for product warranty and recall costs during the nine months ended May 31, 2016 and May 31, 2015 are summarized as follows:



	Nine Months Ended
	May 31, 2016			May 31, 2015
Beginning of period	$	9.6		$	8.5
Warranty and recall costs	18.8			15.6
Payments and other deductions	(14.5		)	(13.0		)
Acquired warranty and recall liabilities	0.3			—
End of period	$	14.2		$	11.1

Share-Based Payments (Tables)

9 Months Ended

May 31, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award

The following table presents share-based payment information for the three and nine months ended May 31, 2016 and May 31, 2015:



	Three Months Ended				Nine Months Ended
	May 31, 2016		May 31, 2015		May 31, 2016		May 31, 2015

Share-based expense	$	6.9	$	4.4	$	19.9	$	12.8
Shares issued upon exercise of stock options	68,159		—		185,448		187,766

Pension and Profit Sharing Plans (Tables)

9 Months Ended

May 31, 2016

Compensation and Retirement Disclosure [Abstract]

Schedule of Net Periodic Pension Cost

Net periodic pension cost for the Company’s defined benefit pension plans during the three and nine months ended May 31, 2016 and May 31, 2015 included the following components before tax:



	Three Months Ended						Nine Months Ended
	May 31, 2016			May 31, 2015			May 31, 2016			May 31, 2015
Service cost	$	0.9		$	0.8		$	2.7		$	2.3
Interest cost	2.4			2.1			7.2			6.3
Expected return on plan assets	(2.8		)	(2.8		)	(8.4		)	(8.2		)
Amortization of prior service cost	0.8			0.2			2.3			0.6
Recognized actuarial loss	1.2			1.1			3.7			3.3
Net periodic pension cost	$	2.5		$	1.4		$	7.5		$	4.3

Special Charge (Tables)

9 Months Ended

May 31, 2016

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Reserve by Type of Cost

The changes in the reserves related to these programs during the nine months ended May 31, 2016 are summarized as follows:



	Fiscal 2015 Actions			Fiscal 2016 Actions			Total
Balance at August 31, 2015	$	4.9		$	—		$	4.9
Special charge	—			10.2			10.2
Payments made during the period	(4.0		)	(2.2		)	(6.2		)
Balance at May 31, 2016	$	0.9		$	8.0		$	8.9

Supplemental Guarantor Condensed Consolidating Financial Statements (Tables)

9 Months Ended

May 31, 2016

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

CONDENSED CONSOLIDATING BALANCE SHEETS



	May 31, 2016
	Parent		Subsidiary Issuer		Subsidiary Guarantor		Non- Guarantors		Consolidating Adjustments			Consolidated

ASSETS
Current Assets:
Cash and cash equivalents	$	299.6	$	—	$	—	$	37.4	$	—		$	337.0
Accounts receivable, net	—		430.2		—		63.8		—			494.0
Inventories	—		268.2		—		20.7		—			288.9
Other current assets	4.2		13.1		—		17.6		—			34.9
Total Current Assets	303.8		711.5		—		139.5		—			1,154.8
Property, Plant, and Equipment, net	0.3		211.7		—		50.9		—			262.9
Goodwill	—		680.5		2.7		206.6		—			889.8
Intangible assets, net	—		236.2		114.3		98.2		—			448.7
Deferred income taxes	22.5		—		—		3.3		(22.6		)	3.2
Other long-term assets	0.1		22.1		—		1.6		—			23.8
Investments in and amounts due from affiliates	1,386.0		285.1		190.2		—		(1,861.3		)	—
Total Assets	$	1,712.7	$	2,147.1	$	307.2	$	500.1	$	(1,883.9	)	$	2,783.2

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities:
Accounts payable	$	0.8	$	330.1	$	—	$	23.0	$	—		$	353.9
Current maturities of long-term debt	—		—		—		0.2		—			0.2
Other accrued liabilities	6.6		189.2		—		34.7		—			230.5
Total Current Liabilities	7.4		519.3		—		57.9		—			584.6
Long-Term Debt	—		352.7		—		1.5		—			354.2
Deferred Income Taxes	35.7		75.0		—		27.9		(22.6		)	116.0
Other Long-Term Liabilities	81.6		41.3		—		17.6		—			140.5
Amounts due to affiliates	—		—		—		80.1		(80.1		)	—
Total Stockholders’ Equity	1,588.0		1,158.8		307.2		315.1		(1,781.2		)	1,587.9
Total Liabilities and Stockholders’ Equity	$	1,712.7	$	2,147.1	$	307.2	$	500.1	$	(1,883.9	)	$	2,783.2

CONDENSED CONSOLIDATING BALANCE SHEETS



	August 31, 2015
	Parent		Subsidiary Issuer		Subsidiary Guarantor		Non- Guarantors		Consolidating Adjustments			Consolidated

ASSETS
Current Assets:
Cash and cash equivalents	$	479.9	$	—	$	—	$	276.9	$	—		$	756.8
Accounts receivable, net	—		365.5		—		46.2		—			411.7
Inventories	—		208.6		—		16.2		—			224.8
Other current assets	1.6		11.6		—		6.9		—			20.1
Total Current Assets	481.5		585.7		—		346.2		—			1,413.4
Property, Plant, and Equipment, net	0.3		139.8		—		34.5		—			174.6
Goodwill	—		524.2		2.7		38.1		—			565.0
Intangible assets, net	—		87.4		117.3		18.7		—			223.4
Deferred income taxes	41.9		—		—		5.2		(43.6		)	3.5
Other long-term assets	1.3		23.8		—		2.0		—			27.1
Investments in and amounts due from affiliates	934.7		333.5		168.5		—		(1,436.7		)	—
Total Assets	$	1,459.7	$	1,694.4	$	288.5	$	444.7	$	(1,480.3	)	$	2,407.0

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities:
Accounts payable	$	0.9	$	291.6	$	—	$	18.6	$	—		$	311.1
Other accrued liabilities	20.4		162.7		—		26.7		—			209.8
Total Current Liabilities	21.3		454.3		—		45.3		—			520.9
Long-Term Debt	—		352.4		—		—		—			352.4
Deferred Income Taxes	—		75.3		—		—		(43.6		)	31.7
Other Long-Term Liabilities	78.4		42.7		—		20.9		—			142.0
Amounts due to affiliates	—		—		—		77.5		(77.5		)	—
Total Stockholders’ Equity	1,360.0		769.7		288.5		301.0		(1,359.2		)	1,360.0
Total Liabilities and Stockholders’ Equity	$	1,459.7	$	1,694.4	$	288.5	$	444.7	$	(1,480.3	)	$	2,407.0

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME



	Three Months Ended May 31, 2016
	Parent			Subsidiary Issuer		Subsidiary Guarantor		Non- Guarantors			Consolidating Adjustments			Consolidated
Net Sales:
External sales	$	—		$	753.8	$	—	$	97.7		$	—		$	851.5
Intercompany sales	—			—		12.2		29.9			(42.1		)	—
Total Sales	—			753.8		12.2		127.6			(42.1		)	851.5
Cost of Products Sold	—			405.1		—		97.1			(28.6		)	473.6
Gross Profit	—			348.7		12.2		30.5			(13.5		)	377.9
Selling, Distribution, and Administrative Expenses	12.2			218.5		0.9		29.2			(13.6		)	247.2
Intercompany charges	(0.8		)	0.3		—		0.4			0.1			—
Special Charge	—			9.7		—		—			—			9.7
Operating Profit (Loss)	(11.4		)	120.2		11.3		0.9			—			121.0
Interest expense, net	2.6			4.0		—		1.5			—			8.1
Equity earnings in subsidiaries	(83.0		)	0.3		—		—			82.7			—
Miscellaneous income, net	—			0.1		—		0.2			—			0.3
Income before Provision for Income Taxes	69.0			115.8		11.3		(0.8		)	(82.7		)	112.6
Provision (Benefit) for Income Taxes	(5.0		)	38.3		4.6		0.7			—			38.6
Net Income	$	74.0		$	77.5	$	6.7	$	(1.5	)	$	(82.7	)	$	74.0

Other Comprehensive Income (Loss) Items:
Foreign Currency Translation Adjustments	10.0			10.0		—		—			(10.0		)	10.0
Defined Benefit Pension Plans, net	1.3			0.4		—		0.4			(0.8		)	1.3
Other Comprehensive Income (Loss) Items, net of tax	11.3			10.4		—		0.4			(10.8		)	11.3
Comprehensive Income (Loss)	$	85.3		$	87.9	$	6.7	$	(1.1	)	$	(93.5	)	$	85.3

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME



	Three Months Ended May 31, 2015
	Parent			Subsidiary Issuer			Subsidiary Guarantor		Non- Guarantors			Consolidating Adjustments			Consolidated
Net Sales:
External sales	$	—		$	622.2		$	—	$	61.5		$	—		$	683.7
Intercompany sales	—			—			10.5		21.9			(32.4		)	—
Total Sales	—			622.2			10.5		83.4			(32.4		)	683.7
Cost of Products Sold	—			343.4			—		66.0			(21.3		)	388.1
Gross Profit	—			278.8			10.5		17.4			(11.1		)	295.6
Selling, Distribution, and Administrative Expenses	7.9			179.2			1.0		19.0			(11.1		)	196.0
Intercompany charges	(0.8		)	0.4			—		0.4			—			—
Special Charge	—			0.4			—		—			—			0.4
Operating Profit (Loss)	(7.1		)	98.8			9.5		(2.0		)	—			99.2
Interest expense, net	2.5			5.4			—		—			—			7.9
Equity earnings in subsidiaries	(70.7		)	1.3			—		—			69.4			—
Miscellaneous (income) expense, net	—			(8.6		)	—		(0.9		)	—			(9.5		)
Income before Provision for Income Taxes	61.1			100.7			9.5		(1.1		)	(69.4		)	100.8
Provision (Benefit) for Income Taxes	(3.4		)	35.5			3.8		0.4			—			36.3
Net Income	$	64.5		$	65.2		$	5.7	$	(1.5	)	$	(69.4	)	$	64.5

Other Comprehensive Income (Loss) Items:
Foreign Currency Translation Adjustments	(1.5		)	(1.5		)	—		—			1.5			(1.5		)
Defined Benefit Pension Plans, net	0.9			0.3			—		0.3			(0.6		)	0.9
Other Comprehensive (Loss) Income Items, net of tax	(0.6		)	(1.2		)	—		0.3			0.9			(0.6		)
Comprehensive Income (Loss)	$	63.9		$	64.0		$	5.7	$	(1.2	)	$	(68.5	)	$	63.9

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME



	Nine Months Ended May 31, 2016
	Parent			Subsidiary Issuer			Subsidiary Guarantor		Non- Guarantors			Consolidating Adjustments			Consolidated
Net Sales:
External sales	$	—		$	2,098.3		$	—	$	267.6		$	—		$	2,365.9
Intercompany sales	—			—			34.4		91.4			(125.8		)	—
Total Sales	—			2,098.3			34.4		359.0			(125.8		)	2,365.9
Cost of Products Sold	—			1,151.6			—		268.1			(88.0		)	1,331.7
Gross Profit	—			946.7			34.4		90.9			(37.8		)	1,034.2
Selling, Distribution, and Administrative Expenses	34.3			601.2			2.9		83.4			(37.9		)	683.9
Intercompany charges	(2.4		)	0.9			—		1.4			0.1			—
Special Charge	—			10.2			—		—			—			10.2
Operating Profit (Loss)	(31.9		)	334.4			31.5		6.1			—			340.1
Interest expense, net	7.9			12.1			—		4.2			—			24.2
Equity earnings in subsidiaries	(233.5		)	(5.7		)	—		0.2			239.0			—
Miscellaneous income, net	—			(0.6		)	—		(0.9		)	—			(1.5		)
Income before Provision for Income Taxes	193.7			328.6			31.5		2.6			(239.0		)	317.4
Provision (Benefit) for Income Taxes	(14.2		)	109.6			12.8		1.3			—			109.5
Net Income	$	207.9		$	219.0		$	18.7	$	1.3		$	(239.0	)	$	207.9

Other Comprehensive Income (Loss) Items:
Foreign Currency Translation Adjustments	(3.4		)	(3.4		)	—		—			3.4			(3.4		)
Defined Benefit Pension Plans, net	4.0			1.2			—		1.0			(2.2		)	4.0
Other Comprehensive Income (Loss) Items, net of tax	0.6			(2.2		)	—		1.0			1.2			0.6
Comprehensive Income (Loss)	$	208.5		$	216.8		$	18.7	$	2.3		$	(237.8	)	$	208.5

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME



	Nine Months Ended May 31, 2015
	Parent			Subsidiary Issuer			Subsidiary Guarantor		Non- Guarantors			Consolidating Adjustments			Consolidated
Net Sales:
External sales	$	—		$	1,758.6		$	—	$	188.6		$	—		$	1,947.2
Intercompany sales	—			—			29.7		72.1			(101.8		)	—
Total Sales	—			1,758.6			29.7		260.7			(101.8		)	1,947.2
Cost of Products Sold	—			996.0			—		197.6			(70.7		)	1,122.9
Gross Profit	—			762.6			29.7		63.1			(31.1		)	824.3
Selling, Distribution, and Administrative Expenses	23.3			496.6			3.0		58.2			(31.1		)	550.0
Intercompany charges	(2.4		)	1.2			—		1.2			—			—
Special Charge	—			9.8			—		—			—			9.8
Operating Profit (Loss)	(20.9		)	255.0			26.7		3.7			—			264.5
Interest expense (income), net	7.6			16.3			—		(0.1		)	—			23.8
Equity earnings in subsidiaries	(180.5		)	(3.0		)	—		—			183.5			—
Miscellaneous income, net	—			(9.5		)	—		(1.0		)	—			(10.5		)
Income before Provision for Income Taxes	152.0			251.2			26.7		4.8			(183.5		)	251.2
Provision (Benefit) for Income Taxes	(10.0		)	86.4			10.7		2.1			—			89.2
Net Income	$	162.0		$	164.8		$	16.0	$	2.7		$	(183.5	)	$	162.0

Other Comprehensive Income (Loss) Items:
Foreign Currency Translation Adjustments	(18.5		)	(18.5		)	—		—			18.5			(18.5		)
Defined Benefit Pension Plans, net	1.6			1.0			—		0.2			(1.2		)	1.6
Other Comprehensive Income (Loss) Items, net of tax	(16.9		)	(17.5		)	—		0.2			17.3			(16.9		)
Comprehensive Income (Loss)	$	145.1		$	147.3		$	16.0	$	2.9		$	(166.2	)	$	145.1

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS



	Nine Months Ended May 31, 2016
	Parent			Subsidiary Issuer			Subsidiary Guarantor		Non- Guarantors			Consolidating Adjustments		Consolidated
Net Cash Provided by Operating Activities	$	192.7		$	49.6		$	—	$	1.6		$	—	$	243.9
Cash Provided by (Used for) Investing Activities:
Purchases of property, plant, and equipment	—			(51.1		)	—		(10.7		)	—		(61.8		)
Proceeds from sale of property, plant, and equipment	—			0.1			—		2.2			—		2.3
Investments in subsidiaries	(385.6		)	385.6			—		—			—		—
Acquisition of businesses	—			(384.4		)	—		(229.3		)	—		(613.7		)
Net Cash Used for Investing Activities	(385.6		)	(49.8		)	—		(237.8		)	—		(673.2		)
Cash Provided by (Used for) Financing Activities:
Issuance of long-term debt	—			—			—		1.7			—		1.7
Proceeds from stock option exercises and other	10.0			—			—		—			—		10.0
Excess tax benefits from share-based payments	19.7			—			—		—			—		19.7
Dividends paid	(17.1		)	—			—		—			—		(17.1		)
Net Cash Provided by Financing Activities	12.6			—			—		1.7			—		14.3
Effect of Exchange Rate Changes on Cash	—			0.2			—		(5.0		)	—		(4.8		)
Net Change in Cash and Cash Equivalents	(180.3		)	—			—		(239.5		)	—		(419.8		)
Cash and Cash Equivalents at Beginning of Period	479.9			—			—		276.9			—		756.8
Cash and Cash Equivalents at End of Period	$	299.6		$	—		$	—	$	37.4		$	—	$	337.0

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS



	Nine Months Ended May 31, 2015
	Parent			Subsidiary Issuer			Subsidiary Guarantor		Non- Guarantors			Consolidating Adjustments			Consolidated
Net Cash Provided by Operating Activities	$	104.8		$	33.8		$	—	$	19.6		$	—		$	158.2
Cash Provided by (Used for) Investing Activities:
Purchases of property, plant, and equipment	—			(29.9		)	—		(12.4		)	—			(42.3		)
Proceeds from sale of property, plant, and equipment	—			1.0			—		—			—			1.0
Investments in subsidiaries	(9.5		)	—			—		—			9.5			—
Acquisitions of business and intangible assets	—			(14.6		)	—		—			—			(14.6		)
Proceeds from settlement of financial instrument	—			14.4			—		—			—			14.4
Purchase of financial instrument	—			(4.1		)	—		—			—			(4.1		)
Net Cash Used for Investing Activities	(9.5		)	(33.2		)	—		(12.4		)	9.5			(45.6		)
Cash Provided by (Used for) Financing Activities:
Proceeds from stock option exercises and other	7.5			—			—		—			—			7.5
Excess tax benefits from share-based payments	12.6			—			—		—			—			12.6
Intercompany capital	—			—			—		9.5			(9.5		)	—
Dividends paid	(17.0		)	—			—		—			—			(17.0		)
Other financing activities	—			—			—		(10.4		)	—			(10.4		)
Net Cash Provided by Financing Activities	3.1			—			—		(0.9		)	(9.5		)	(7.3		)
Effect of Exchange Rate Changes on Cash	—			(0.2		)	—		(5.5		)	—			(5.7		)
Net Change in Cash and Cash Equivalents	98.4			0.4			—		0.8			—			99.6
Cash and Cash Equivalents at Beginning of Period	516.0			3.1			—		33.4			—			552.5
Cash and Cash Equivalents at End of Period	$	614.4		$	3.5		$	—	$	34.2		$	—		$	652.1

Description of Business and Basis of Presentation (Details)	9 Months Ended
	May 31, 2016 Segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of reportable segments	1

Acquisitions and Investments (Details) $ in Millions, $ in Millions	Dec. 10, 2015 USD ($)	Sep. 01, 2015 USD ($)	Sep. 01, 2015 CAD ($)
Juno Lighting LLC
Business Acquisition [Line Items]
Cash purchase price of business to be acquired	$ 380
Annual revenues of acquired entity	$ 250
Distech Controls, Inc. (Distech)
Business Acquisition [Line Items]
Cash purchase price of business to be acquired		$ 240
Annual revenues of acquired entity			$ 80

Acquisitions and Investments (Preliminary Purchase Price Allocation) (Details) - USD ($) $ in Millions		9 Months Ended
	Dec. 09, 2015	May 31, 2016	May 31, 2015	Aug. 31, 2015
Purchase Price
Cash paid, net of cash acquired	$ 613.7	$ 613.7	$ 14.6
Allocation
Goodwill	324.0	$ 889.8		$ 565.0
Property and equipment	63.4
Other assets acquired	124.3
Liabilities assumed	(139.2)
Total of allocated purchase price	613.7
Marketing-related
Allocation
Intangible assets:	42.4
Customer-based
Allocation
Intangible assets:	$ 117.0
Weighted-average amortization period of acquired finite-lived intangible assets	14 years
Customer-based \| Minimum
Allocation
Acquired intangible assets' useful lives	12 years
Customer-based \| Maximum
Allocation
Acquired intangible assets' useful lives	15 years
Technology-based
Allocation
Intangible assets:	$ 81.8
Weighted-average amortization period of acquired finite-lived intangible assets	11 years 9 months 18 days
Technology-based \| Minimum
Allocation
Acquired intangible assets' useful lives	5 years
Technology-based \| Maximum
Allocation
Acquired intangible assets' useful lives	15 years

New Accounting Pronouncements (Details) - USD ($) $ in Millions	May 31, 2016	Aug. 31, 2015
New Accounting Pronouncement, Early Adoption [Line Items]
Deferred Income Taxes	$ 116.0	$ 31.7
New Accounting Pronouncement, Early Adoption, Effect
New Accounting Pronouncement, Early Adoption [Line Items]
Deferred Income Taxes		$ 23.1

Fair Value Measurements (Details) - USD ($) $ in Millions	May 31, 2016	Aug. 31, 2015
Carrying Value
Assets:
Investment in noncontrolling affiliate	$ 8.0	$ 8.0
Carrying Value \| Senior unsecured public notes, net of unamortized discount and deferred costs
Liabilities:
Carrying and estimated fair values of financial instruments	348.5	348.4
Carrying Value \| Other debt
Liabilities:
Carrying and estimated fair values of financial instruments	5.7	4.0
Fair Value \| Level 3
Assets:
Investment in noncontrolling affiliate	8.0	8.0
Fair Value \| Level 2 \| Senior unsecured public notes, net of unamortized discount and deferred costs
Liabilities:
Carrying and estimated fair values of financial instruments	384.6	386.4
Fair Value \| Level 2 \| Other debt
Liabilities:
Carrying and estimated fair values of financial instruments	5.7	4.0
Fair value measured on recurring basis \| Fair Value
Assets:
Cash and cash equivalents	337.0	756.8
Other	0.4	0.5
Liabilities:
Other	0.4	0.5
Fair value measured on recurring basis \| Fair Value \| Level 1
Assets:
Cash and cash equivalents	337.0	756.8
Other	0.4	0.5
Liabilities:
Other	$ 0.4	$ 0.5

Goodwill and Intangible Assets (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	May 31, 2016	May 31, 2015	May 31, 2016	May 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of Intangible Assets	$ 7.5	$ 2.7	$ 18.5	$ 8.3
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
Amortization expense in fiscal 2016	25.1		25.1
Amortization expense in fiscal 2017	27.1		27.1
Amortization expense in fiscal 2018	27.1		27.1
Amortization expense in fiscal 2019	27.1		27.1
Amortization expense in fiscal 2020	$ 25.8		$ 25.8

Goodwill and Intangible Assets (Changes in Goodwill) (Details) $ in Millions	9 Months Ended
	May 31, 2016 USD ($)
Goodwill [Roll Forward]
Goodwill, Beginning Balance	$ 565.0
Additions from acquired businesses	324.0
Foreign currency translation adjustments	0.8
Goodwill, Ending Balance	$ 889.8

Inventories (Details) - USD ($) $ in Millions	May 31, 2016	Aug. 31, 2015
Inventory, Net [Abstract]
Raw materials, supplies, and work in process	$ 159.3	$ 125.7
Finished goods	149.9	113.9
Inventory gross	309.2	239.6
Less: Reserves	(20.3)	(14.8)
Total Inventory	$ 288.9	$ 224.8

Earnings Per Share (Schedule of Basic and Diluted EPS) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	May 31, 2016	May 31, 2015	May 31, 2016	May 31, 2015
Basic Earnings per Share:
Net income	$ 74.0	$ 64.5	$ 207.9	$ 162.0
Less: Income attributable to participating securities	(0.1)	(0.2)	(0.3)	(0.7)
Net income available to common shareholders	$ 73.9	$ 64.3	$ 207.6	$ 161.3
Basic weighted average shares outstanding (in shares)	43.5	43.2	43.4	43.1
Basic earnings per share (in dollars per share)	$ 1.70	$ 1.49	$ 4.78	$ 3.74
Diluted Earnings per Share:
Net Income	$ 74.0	$ 64.5	$ 207.9	$ 162.0
Less: Income attributable to participating securities	(0.1)	(0.2)	(0.3)	(0.7)
Net income available to common shareholders	$ 73.9	$ 64.3	$ 207.6	$ 161.3
Basic weighted average shares outstanding (in shares)	43.5	43.2	43.4	43.1
Common stock equivalents (in shares)	0.3	0.3	0.3	0.3
Diluted weighted average shares outstanding (in shares)	43.8	43.5	43.7	43.4
Diluted earnings per share (in dollars per share)	$ 1.69	$ 1.48	$ 4.75	$ 3.72

Earnings Per Share (Schedule of Antidilutive Securities Excluded from EPS Computation) (Details) - shares	3 Months Ended		9 Months Ended
	May 31, 2016	May 31, 2015	May 31, 2016	May 31, 2015
Stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options excluded from diluted earnings per share (in shares)	47,406	52,143	56,840	62,175
Restricted stock awards
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options excluded from diluted earnings per share (in shares)	0	0	12,529	2,238

Comprehensive Income (Changes in Components of Accumulated Other Comprehensive Loss Items) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	May 31, 2016	May 31, 2015	May 31, 2016	May 31, 2015
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance at August 31, 2015			$ (110.4)
Other Comprehensive Income (Loss), net of tax	$ 11.3	$ (0.6)	0.6	$ (16.9)
Balance at May 31, 2016	(109.8)		(109.8)
Accumulated Other Comprehensive Loss Items
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance at August 31, 2015			(110.4)
Other Comprehensive Loss before reclassifications			(3.4)
Amounts reclassified from accumulated other comprehensive income			4.0
Other Comprehensive Income (Loss), net of tax			0.6
Balance at May 31, 2016	(109.8)		(109.8)
Foreign Currency Items
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance at August 31, 2015			(42.1)
Other Comprehensive Loss before reclassifications			(3.4)
Amounts reclassified from accumulated other comprehensive income			0.0
Other Comprehensive Income (Loss), net of tax			(3.4)
Balance at May 31, 2016	(45.5)		(45.5)
Defined Benefit Pension Plans
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance at August 31, 2015			(68.3)
Other Comprehensive Loss before reclassifications			0.0
Amounts reclassified from accumulated other comprehensive income			4.0
Other Comprehensive Income (Loss), net of tax			4.0
Balance at May 31, 2016	$ (64.3)		$ (64.3)

Comprehensive Income (Tax Amounts Allocated to Components of Other Comprehensive Income) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	May 31, 2016	May 31, 2015	May 31, 2016	May 31, 2015
Before Tax Amount
Foreign Currency Translation Adjustments	$ 10.0	$ (1.5)	$ (3.4)	$ (18.5)
Actuarial gain or loss			0.0	(1.3)
Prior service cost	0.8	0.2	2.3	0.6
Actuarial losses	1.2	1.1	3.7	3.3
Total Defined Benefit Pension Plans, net	2.0	1.3	6.0	2.6
Other Comprehensive Loss	12.0	(0.2)	2.6	(15.9)
Tax (Expense) Benefit
Foreign Currency Translation Adjustments	0.0	0.0	0.0	0.0
Actuarial gain or loss			0.0	0.3
Prior service cost	(0.3)	(0.1)	(0.8)	(0.2)
Actuarial losses	(0.4)	(0.3)	(1.2)	(1.1)
Total Defined Benefit Pension Plans, net	(0.7)	(0.4)	(2.0)	(1.0)
Other Comprehensive Loss	(0.7)	(0.4)	(2.0)	(1.0)
Net of Tax Amount
Foreign Currency Translation Adjustments	10.0	(1.5)	(3.4)	(18.5)
Actuarial gain or loss			0.0	(1.0)
Prior service cost	0.5	0.1	1.5	0.4
Actuarial losses	0.8	0.8	2.5	2.2
Total Defined Benefit Pension Plans, net	1.3	0.9	4.0	1.6
Other Comprehensive Income (Loss), net of tax	$ 11.3	$ (0.6)	$ 0.6	$ (16.9)

Debt (Details)	3 Months Ended		9 Months Ended
Debt (Details)	May 31, 2016 USD ($)	May 31, 2015 USD ($)	May 31, 2016 USD ($)	May 31, 2015 USD ($)	Aug. 27, 2014 USD ($)
Interest Revenue (Expense), Net [Abstract]
Interest expense	$ 8,300,000	$ 8,200,000	$ 24,900,000	$ 24,500,000
Interest income	(200,000)	(300,000)	(700,000)	(700,000)
Interest expense, net	8,100,000	$ 7,900,000	24,200,000	$ 23,800,000
Lines of Credit
Line of Credit Facility [Abstract]
Outstanding letters of credit	11,000,000		11,000,000
Lines of Credit \| Revolving Credit Facility Maturing August 27, 2019
Line of Credit Facility [Abstract]
Executed revolving credit facility	250,000,000.0		250,000,000.0		$ 250,000,000.0
Additional borrowing capacity under revolving credit facility	$ 243,900,000		$ 243,900,000
Lines of Credit \| Revolving Credit Facility Maturing August 27, 2019 \| Minimum
Line of Credit Facility [Abstract]
Minimum interest coverage ratio	2.50		2.50
Applicable margins based on company's leverage ratio, percentage			1.00%
Facility fee, percentage			0.125%
Lines of Credit \| Revolving Credit Facility Maturing August 27, 2019 \| Maximum
Line of Credit Facility [Abstract]
Maximum leverage ratio	3.50		3.50
Applicable margins based on company's leverage ratio, percentage			1.575%
Facility fee, percentage			0.30%
Letter of Credit \| Revolving Credit Facility Maturing August 27, 2019
Line of Credit Facility [Abstract]
Outstanding letters of credit	$ 6,100,000		$ 6,100,000
Senior unsecured public notes \| Senior Unsecured Notes Maturing December 2019
Debt Instruments [Abstract]
Debt outstanding	$ 350,000,000		$ 350,000,000
Publicly traded notes, interest rate (percent)	6.00%		6.00%
Nontaxable Municipal Bond \| Industrial Revenue Bond Maturing in 2021
Debt Instruments [Abstract]
Debt outstanding	$ 4,000,000		$ 4,000,000
Fixed Rate Bank Loans
Debt Instruments [Abstract]
Debt outstanding	$ 1,700,000		$ 1,700,000

Commitments and Contingencies (Details) - USD ($) $ in Millions		9 Months Ended
	Sep. 01, 2015	May 31, 2016	May 31, 2015
Movement in Standard and Extended Product Warranty Accrual, Increase (Decrease) [Roll Forward]
Beginning of period	$ 9.6	$ 9.6	$ 8.5
Warranty and recall costs		18.8	15.6
Payments and other deductions		(14.5)	(13.0)
Acquired warranty and recall liabilities		0.3	0.0
End of period		$ 14.2	$ 11.1
Trade Compliance Matter \| Distech Controls, Inc. (Distech)
Loss Contingencies [Line Items]
Duration period of estimated revenue receipts from potential violations of US and Canadian sanctions	5 years
Estimate of revenue received from potential violations of US and Canadian sanctions	$ 0.3

Share-Based Payments (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
Share-Based Payments (Details) - USD ($) $ in Millions	May 31, 2016	May 31, 2015	May 31, 2016	May 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based expense	$ 6.9	$ 4.4	$ 19.9	$ 12.8
Shares issued upon exercise of stock options	68,159	0	185,448	187,766

Pension and Profit Sharing Plans (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	May 31, 2016	May 31, 2015	May 31, 2016	May 31, 2015
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Service cost	$ 0.9	$ 0.8	$ 2.7	$ 2.3
Interest cost	2.4	2.1	7.2	6.3
Expected return on plan assets	(2.8)	(2.8)	(8.4)	(8.2)
Amortization of prior service cost	0.8	0.2	2.3	0.6
Recognized actuarial loss	1.2	1.1	3.7	3.3
Net periodic pension cost	$ 2.5	$ 1.4	$ 7.5	$ 4.3

Special Charge (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
Special Charge (Details) - USD ($) $ in Millions	May 31, 2016	May 31, 2015	May 31, 2016	May 31, 2015	Aug. 31, 2015
Restructuring Reserve [Roll Forward]
Special Charge	$ 9.7	$ 0.4	$ 10.2	$ 9.8
Severance Costs
Restructuring Reserve [Roll Forward]
Balance, beginning of period			4.9
Special Charge			10.2
Payments made during the period			(6.2)
Balance, end of period	8.9		8.9		$ 4.9
Fiscal 2016 Actions Restructuring Activity
Restructuring Reserve [Roll Forward]
Special Charge			10.2
Fiscal 2016 Actions Restructuring Activity \| Severance Costs
Restructuring Reserve [Roll Forward]
Balance, beginning of period			0.0
Special Charge			10.2
Payments made during the period			(2.2)
Balance, end of period	8.0		8.0		0.0
Fiscal 2015 Actions Restructuring Activity
Restructuring Reserve [Roll Forward]
Special Charge					12.9
Fiscal 2015 Actions Restructuring Activity \| Severance and Employee Benefits Costs
Restructuring Reserve [Roll Forward]
Special Charge					11.9
Fiscal 2015 Actions Restructuring Activity \| Production transfer costs
Restructuring Reserve [Roll Forward]
Special Charge					0.5
Fiscal 2015 Actions Restructuring Activity \| Contract Termination
Restructuring Reserve [Roll Forward]
Special Charge					0.5
Fiscal 2015 Actions Restructuring Activity \| Severance Costs
Restructuring Reserve [Roll Forward]
Balance, beginning of period			4.9
Special Charge			0.0
Payments made during the period			(4.0)
Balance, end of period	$ 0.9		$ 0.9		$ 4.9

Supplemental Guarantor Condensed Consolidating Financial Statements (Narrative) (Details)	9 Months Ended
	May 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Owenership interest held by the Company in ABL	100.00%

Supplemental Guarantor Condensed Consolidating Financial Statements (Balance Sheets) (Details) - USD ($) $ in Millions	May 31, 2016	Dec. 09, 2015	Aug. 31, 2015	May 31, 2015	Aug. 31, 2014
Current Assets:
Cash and cash equivalents	$ 337.0		$ 756.8	$ 652.1	$ 552.5
Accounts receivable, net	494.0		411.7
Inventories	288.9		224.8
Other current assets	34.9		20.1
Total Current Assets	1,154.8		1,413.4
Property, Plant, and Equipment, net	262.9		174.6
Goodwill	889.8	$ 324.0	565.0
Intangible assets, net	448.7		223.4
Deferred income taxes	3.2		3.5
Other long-term assets	23.8		27.1
Investments in and amounts due from affiliates	0.0		0.0
Total Assets	2,783.2		2,407.0
Current Liabilities:
Accounts payable	353.9		311.1
Current maturities of long-term debt	0.2		0.0
Other accrued liabilities	230.5		209.8
Total Current Liabilities	584.6		520.9
Long-Term Debt	354.2		352.4
Deferred Income Taxes	116.0		31.7
Other Long-Term Liabilities	140.5		142.0
Amounts due to affiliates	0.0		0.0
Total Stockholders’ Equity	1,587.9		1,360.0
Total Liabilities and Stockholders’ Equity	2,783.2		2,407.0
Consolidating Adjustments
Current Assets:
Cash and cash equivalents	0.0		0.0	0.0	0.0
Accounts receivable, net	0.0		0.0
Inventories	0.0		0.0
Other current assets	0.0		0.0
Total Current Assets	0.0		0.0
Property, Plant, and Equipment, net	0.0		0.0
Goodwill	0.0		0.0
Intangible assets, net	0.0		0.0
Deferred income taxes	(22.6)		(43.6)
Other long-term assets	0.0		0.0
Investments in and amounts due from affiliates	(1,861.3)		(1,436.7)
Total Assets	(1,883.9)		(1,480.3)
Current Liabilities:
Accounts payable	0.0		0.0
Current maturities of long-term debt	0.0
Other accrued liabilities	0.0		0.0
Total Current Liabilities	0.0		0.0
Long-Term Debt	0.0		0.0
Deferred Income Taxes	(22.6)		(43.6)
Other Long-Term Liabilities	0.0		0.0
Amounts due to affiliates	(80.1)		(77.5)
Total Stockholders’ Equity	(1,781.2)		(1,359.2)
Total Liabilities and Stockholders’ Equity	(1,883.9)		(1,480.3)
Parent
Current Assets:
Cash and cash equivalents	299.6		479.9	614.4	516.0
Accounts receivable, net	0.0		0.0
Inventories	0.0		0.0
Other current assets	4.2		1.6
Total Current Assets	303.8		481.5
Property, Plant, and Equipment, net	0.3		0.3
Goodwill	0.0		0.0
Intangible assets, net	0.0		0.0
Deferred income taxes	22.5		41.9
Other long-term assets	0.1		1.3
Investments in and amounts due from affiliates	1,386.0		934.7
Total Assets	1,712.7		1,459.7
Current Liabilities:
Accounts payable	0.8		0.9
Current maturities of long-term debt	0.0
Other accrued liabilities	6.6		20.4
Total Current Liabilities	7.4		21.3
Long-Term Debt	0.0		0.0
Deferred Income Taxes	35.7		0.0
Other Long-Term Liabilities	81.6		78.4
Amounts due to affiliates	0.0		0.0
Total Stockholders’ Equity	1,588.0		1,360.0
Total Liabilities and Stockholders’ Equity	1,712.7		1,459.7
Subsidiary Issuer
Current Assets:
Cash and cash equivalents	0.0		0.0	3.5	3.1
Accounts receivable, net	430.2		365.5
Inventories	268.2		208.6
Other current assets	13.1		11.6
Total Current Assets	711.5		585.7
Property, Plant, and Equipment, net	211.7		139.8
Goodwill	680.5		524.2
Intangible assets, net	236.2		87.4
Deferred income taxes	0.0		0.0
Other long-term assets	22.1		23.8
Investments in and amounts due from affiliates	285.1		333.5
Total Assets	2,147.1		1,694.4
Current Liabilities:
Accounts payable	330.1		291.6
Current maturities of long-term debt	0.0
Other accrued liabilities	189.2		162.7
Total Current Liabilities	519.3		454.3
Long-Term Debt	352.7		352.4
Deferred Income Taxes	75.0		75.3
Other Long-Term Liabilities	41.3		42.7
Amounts due to affiliates	0.0		0.0
Total Stockholders’ Equity	1,158.8		769.7
Total Liabilities and Stockholders’ Equity	2,147.1		1,694.4
Subsidiary Guarantor
Current Assets:
Cash and cash equivalents	0.0		0.0	0.0	0.0
Accounts receivable, net	0.0		0.0
Inventories	0.0		0.0
Other current assets	0.0		0.0
Total Current Assets	0.0		0.0
Property, Plant, and Equipment, net	0.0		0.0
Goodwill	2.7		2.7
Intangible assets, net	114.3		117.3
Deferred income taxes	0.0		0.0
Other long-term assets	0.0		0.0
Investments in and amounts due from affiliates	190.2		168.5
Total Assets	307.2		288.5
Current Liabilities:
Accounts payable	0.0		0.0
Current maturities of long-term debt	0.0
Other accrued liabilities	0.0		0.0
Total Current Liabilities	0.0		0.0
Long-Term Debt	0.0		0.0
Deferred Income Taxes	0.0		0.0
Other Long-Term Liabilities	0.0		0.0
Amounts due to affiliates	0.0		0.0
Total Stockholders’ Equity	307.2		288.5
Total Liabilities and Stockholders’ Equity	307.2		288.5
Non- Guarantors
Current Assets:
Cash and cash equivalents	37.4		276.9	$ 34.2	$ 33.4
Accounts receivable, net	63.8		46.2
Inventories	20.7		16.2
Other current assets	17.6		6.9
Total Current Assets	139.5		346.2
Property, Plant, and Equipment, net	50.9		34.5
Goodwill	206.6		38.1
Intangible assets, net	98.2		18.7
Deferred income taxes	3.3		5.2
Other long-term assets	1.6		2.0
Investments in and amounts due from affiliates	0.0		0.0
Total Assets	500.1		444.7
Current Liabilities:
Accounts payable	23.0		18.6
Current maturities of long-term debt	0.2
Other accrued liabilities	34.7		26.7
Total Current Liabilities	57.9		45.3
Long-Term Debt	1.5		0.0
Deferred Income Taxes	27.9		0.0
Other Long-Term Liabilities	17.6		20.9
Amounts due to affiliates	80.1		77.5
Total Stockholders’ Equity	315.1		301.0
Total Liabilities and Stockholders’ Equity	$ 500.1		$ 444.7

Supplemental Guarantor Condensed Consolidating Financial Statements (Income) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	May 31, 2016	May 31, 2015	May 31, 2016	May 31, 2015
Net Sales:
External sales	$ 851.5	$ 683.7	$ 2,365.9	$ 1,947.2
Intercompany sales	0.0	0.0	0.0	0.0
Total Sales	851.5	683.7	2,365.9	1,947.2
Cost of Products Sold	473.6	388.1	1,331.7	1,122.9
Gross Profit	377.9	295.6	1,034.2	824.3
Selling, Distribution, and Administrative Expenses	247.2	196.0	683.9	550.0
Intercompany charges	0.0	0.0	0.0	0.0
Special Charge	9.7	0.4	10.2	9.8
Operating Profit	121.0	99.2	340.1	264.5
Interest expense, net	8.1	7.9	24.2	23.8
Equity earnings in subsidiaries	0.0	0.0	0.0	0.0
Miscellaneous expense (income), net	0.3	(9.5)	(1.5)	(10.5)
Income before Provision for Income Taxes	112.6	100.8	317.4	251.2
Provision (Benefit) for Income Taxes	38.6	36.3	109.5	89.2
Net Income	74.0	64.5	207.9	162.0
Other Comprehensive Income (Loss) Items:
Foreign currency translation adjustments	10.0	(1.5)	(3.4)	(18.5)
Defined benefit pension plans, net of tax	1.3	0.9	4.0	1.6
Other Comprehensive Income (Loss), net of tax	11.3	(0.6)	0.6	(16.9)
Comprehensive Income	85.3	63.9	208.5	145.1
Consolidating Adjustments
Net Sales:
External sales	0.0	0.0	0.0	0.0
Intercompany sales	(42.1)	(32.4)	(125.8)	(101.8)
Total Sales	(42.1)	(32.4)	(125.8)	(101.8)
Cost of Products Sold	(28.6)	(21.3)	(88.0)	(70.7)
Gross Profit	(13.5)	(11.1)	(37.8)	(31.1)
Selling, Distribution, and Administrative Expenses	(13.6)	(11.1)	(37.9)	(31.1)
Intercompany charges	0.1	0.0	0.1	0.0
Special Charge	0.0	0.0	0.0	0.0
Operating Profit	0.0	0.0	0.0	0.0
Interest expense, net	0.0	0.0	0.0	0.0
Equity earnings in subsidiaries	82.7	69.4	239.0	183.5
Miscellaneous expense (income), net	0.0	0.0	0.0	0.0
Income before Provision for Income Taxes	(82.7)	(69.4)	(239.0)	(183.5)
Provision (Benefit) for Income Taxes	0.0	0.0	0.0	0.0
Net Income	(82.7)	(69.4)	(239.0)	(183.5)
Other Comprehensive Income (Loss) Items:
Foreign currency translation adjustments	(10.0)	1.5	3.4	18.5
Defined benefit pension plans, net of tax	(0.8)	(0.6)	(2.2)	(1.2)
Other Comprehensive Income (Loss), net of tax	(10.8)	0.9	1.2	17.3
Comprehensive Income	(93.5)	(68.5)	(237.8)	(166.2)
Parent
Net Sales:
External sales	0.0	0.0	0.0	0.0
Intercompany sales	0.0	0.0	0.0	0.0
Total Sales	0.0	0.0	0.0	0.0
Cost of Products Sold	0.0	0.0	0.0	0.0
Gross Profit	0.0	0.0	0.0	0.0
Selling, Distribution, and Administrative Expenses	12.2	7.9	34.3	23.3
Intercompany charges	(0.8)	(0.8)	(2.4)	(2.4)
Special Charge	0.0	0.0	0.0	0.0
Operating Profit	(11.4)	(7.1)	(31.9)	(20.9)
Interest expense, net	2.6	2.5	7.9	7.6
Equity earnings in subsidiaries	(83.0)	(70.7)	(233.5)	(180.5)
Miscellaneous expense (income), net	0.0	0.0	0.0	0.0
Income before Provision for Income Taxes	69.0	61.1	193.7	152.0
Provision (Benefit) for Income Taxes	(5.0)	(3.4)	(14.2)	(10.0)
Net Income	74.0	64.5	207.9	162.0
Other Comprehensive Income (Loss) Items:
Foreign currency translation adjustments	10.0	(1.5)	(3.4)	(18.5)
Defined benefit pension plans, net of tax	1.3	0.9	4.0	1.6
Other Comprehensive Income (Loss), net of tax	11.3	(0.6)	0.6	(16.9)
Comprehensive Income	85.3	63.9	208.5	145.1
Subsidiary Issuer
Net Sales:
External sales	753.8	622.2	2,098.3	1,758.6
Intercompany sales	0.0	0.0	0.0	0.0
Total Sales	753.8	622.2	2,098.3	1,758.6
Cost of Products Sold	405.1	343.4	1,151.6	996.0
Gross Profit	348.7	278.8	946.7	762.6
Selling, Distribution, and Administrative Expenses	218.5	179.2	601.2	496.6
Intercompany charges	0.3	0.4	0.9	1.2
Special Charge	9.7	0.4	10.2	9.8
Operating Profit	120.2	98.8	334.4	255.0
Interest expense, net	4.0	5.4	12.1	16.3
Equity earnings in subsidiaries	0.3	1.3	(5.7)	(3.0)
Miscellaneous expense (income), net	0.1	(8.6)	(0.6)	(9.5)
Income before Provision for Income Taxes	115.8	100.7	328.6	251.2
Provision (Benefit) for Income Taxes	38.3	35.5	109.6	86.4
Net Income	77.5	65.2	219.0	164.8
Other Comprehensive Income (Loss) Items:
Foreign currency translation adjustments	10.0	(1.5)	(3.4)	(18.5)
Defined benefit pension plans, net of tax	0.4	0.3	1.2	1.0
Other Comprehensive Income (Loss), net of tax	10.4	(1.2)	(2.2)	(17.5)
Comprehensive Income	87.9	64.0	216.8	147.3
Subsidiary Guarantor
Net Sales:
External sales	0.0	0.0	0.0	0.0
Intercompany sales	12.2	10.5	34.4	29.7
Total Sales	12.2	10.5	34.4	29.7
Cost of Products Sold	0.0	0.0	0.0	0.0
Gross Profit	12.2	10.5	34.4	29.7
Selling, Distribution, and Administrative Expenses	0.9	1.0	2.9	3.0
Intercompany charges	0.0	0.0	0.0	0.0
Special Charge	0.0	0.0	0.0	0.0
Operating Profit	11.3	9.5	31.5	26.7
Interest expense, net	0.0	0.0	0.0	0.0
Equity earnings in subsidiaries	0.0	0.0	0.0	0.0
Miscellaneous expense (income), net	0.0	0.0	0.0	0.0
Income before Provision for Income Taxes	11.3	9.5	31.5	26.7
Provision (Benefit) for Income Taxes	4.6	3.8	12.8	10.7
Net Income	6.7	5.7	18.7	16.0
Other Comprehensive Income (Loss) Items:
Foreign currency translation adjustments	0.0	0.0	0.0	0.0
Defined benefit pension plans, net of tax	0.0	0.0	0.0	0.0
Other Comprehensive Income (Loss), net of tax	0.0	0.0	0.0	0.0
Comprehensive Income	6.7	5.7	18.7	16.0
Non- Guarantors
Net Sales:
External sales	97.7	61.5	267.6	188.6
Intercompany sales	29.9	21.9	91.4	72.1
Total Sales	127.6	83.4	359.0	260.7
Cost of Products Sold	97.1	66.0	268.1	197.6
Gross Profit	30.5	17.4	90.9	63.1
Selling, Distribution, and Administrative Expenses	29.2	19.0	83.4	58.2
Intercompany charges	0.4	0.4	1.4	1.2
Special Charge	0.0	0.0	0.0	0.0
Operating Profit	0.9	(2.0)	6.1	3.7
Interest expense, net	1.5	0.0	4.2	(0.1)
Equity earnings in subsidiaries	0.0	0.0	0.2	0.0
Miscellaneous expense (income), net	0.2	(0.9)	(0.9)	(1.0)
Income before Provision for Income Taxes	(0.8)	(1.1)	2.6	4.8
Provision (Benefit) for Income Taxes	0.7	0.4	1.3	2.1
Net Income	(1.5)	(1.5)	1.3	2.7
Other Comprehensive Income (Loss) Items:
Foreign currency translation adjustments	0.0	0.0	0.0	0.0
Defined benefit pension plans, net of tax	0.4	0.3	1.0	0.2
Other Comprehensive Income (Loss), net of tax	0.4	0.3	1.0	0.2
Comprehensive Income	$ (1.1)	$ (1.2)	$ 2.3	$ 2.9

Supplemental Guarantor Condensed Consolidating Financial Statements (Cash Flows) (Details) - USD ($) $ in Millions		9 Months Ended
	Dec. 09, 2015	May 31, 2016	May 31, 2015
Condensed Financial Statements, Captions [Line Items]
Net Cash Provided by Operating Activities		$ 243.9	$ 158.2
Cash Provided by (Used for) Investing Activities:
Purchases of property, plant, and equipment		(61.8)	(42.3)
Proceeds from sale of property, plant, and equipment		2.3	1.0
Investments in subsidiaries		0.0	0.0
Acquisition of businesses, net of cash acquired	$ (613.7)	(613.7)	(14.6)
Proceeds from settlement of financial instrument		0.0	14.4
Purchase of financial instrument		0.0	(4.1)
Net Cash Used for Investing Activities		(673.2)	(45.6)
Cash Provided by (Used for) Financing Activities:
Issuance of long-term debt		1.7	0.0
Proceeds from stock option exercises and other		10.0	7.5
Excess tax benefits from share-based payments		19.7	12.6
Intercompany capital			0.0
Dividends paid		(17.1)	(17.0)
Other financing activities		0.0	(10.4)
Net Cash Provided by (Used for) Financing Activities		14.3	(7.3)
Effect of Exchange Rate Changes on Cash		(4.8)	(5.7)
Net Change in Cash and Cash Equivalents		(419.8)	99.6
Cash and Cash Equivalents at Beginning of Period		756.8	552.5
Cash and Cash Equivalents at End of Period		337.0	652.1
Consolidating Adjustments
Condensed Financial Statements, Captions [Line Items]
Net Cash Provided by Operating Activities		0.0	0.0
Cash Provided by (Used for) Investing Activities:
Purchases of property, plant, and equipment		0.0	0.0
Proceeds from sale of property, plant, and equipment		0.0	0.0
Investments in subsidiaries		0.0	9.5
Acquisition of businesses, net of cash acquired		0.0	0.0
Proceeds from settlement of financial instrument			0.0
Purchase of financial instrument			0.0
Net Cash Used for Investing Activities		0.0	9.5
Cash Provided by (Used for) Financing Activities:
Issuance of long-term debt		0.0
Proceeds from stock option exercises and other		0.0	0.0
Excess tax benefits from share-based payments		0.0	0.0
Intercompany capital			(9.5)
Dividends paid		0.0	0.0
Other financing activities			0.0
Net Cash Provided by (Used for) Financing Activities		0.0	(9.5)
Effect of Exchange Rate Changes on Cash		0.0	0.0
Net Change in Cash and Cash Equivalents		0.0	0.0
Cash and Cash Equivalents at Beginning of Period		0.0	0.0
Cash and Cash Equivalents at End of Period		0.0	0.0
Parent
Condensed Financial Statements, Captions [Line Items]
Net Cash Provided by Operating Activities		192.7	104.8
Cash Provided by (Used for) Investing Activities:
Purchases of property, plant, and equipment		0.0	0.0
Proceeds from sale of property, plant, and equipment		0.0	0.0
Investments in subsidiaries		(385.6)	(9.5)
Acquisition of businesses, net of cash acquired		0.0	0.0
Proceeds from settlement of financial instrument			0.0
Purchase of financial instrument			0.0
Net Cash Used for Investing Activities		(385.6)	(9.5)
Cash Provided by (Used for) Financing Activities:
Issuance of long-term debt		0.0
Proceeds from stock option exercises and other		10.0	7.5
Excess tax benefits from share-based payments		19.7	12.6
Intercompany capital			0.0
Dividends paid		(17.1)	(17.0)
Other financing activities			0.0
Net Cash Provided by (Used for) Financing Activities		12.6	3.1
Effect of Exchange Rate Changes on Cash		0.0	0.0
Net Change in Cash and Cash Equivalents		(180.3)	98.4
Cash and Cash Equivalents at Beginning of Period		479.9	516.0
Cash and Cash Equivalents at End of Period		299.6	614.4
Subsidiary Issuer
Condensed Financial Statements, Captions [Line Items]
Net Cash Provided by Operating Activities		49.6	33.8
Cash Provided by (Used for) Investing Activities:
Purchases of property, plant, and equipment		(51.1)	(29.9)
Proceeds from sale of property, plant, and equipment		0.1	1.0
Investments in subsidiaries		385.6	0.0
Acquisition of businesses, net of cash acquired		(384.4)	(14.6)
Proceeds from settlement of financial instrument			14.4
Purchase of financial instrument			(4.1)
Net Cash Used for Investing Activities		(49.8)	(33.2)
Cash Provided by (Used for) Financing Activities:
Issuance of long-term debt		0.0
Proceeds from stock option exercises and other		0.0	0.0
Excess tax benefits from share-based payments		0.0	0.0
Intercompany capital			0.0
Dividends paid		0.0	0.0
Other financing activities			0.0
Net Cash Provided by (Used for) Financing Activities		0.0	0.0
Effect of Exchange Rate Changes on Cash		0.2	(0.2)
Net Change in Cash and Cash Equivalents		0.0	0.4
Cash and Cash Equivalents at Beginning of Period		0.0	3.1
Cash and Cash Equivalents at End of Period		0.0	3.5
Subsidiary Guarantor
Condensed Financial Statements, Captions [Line Items]
Net Cash Provided by Operating Activities		0.0	0.0
Cash Provided by (Used for) Investing Activities:
Purchases of property, plant, and equipment		0.0	0.0
Proceeds from sale of property, plant, and equipment		0.0	0.0
Investments in subsidiaries		0.0	0.0
Acquisition of businesses, net of cash acquired		0.0	0.0
Proceeds from settlement of financial instrument			0.0
Purchase of financial instrument			0.0
Net Cash Used for Investing Activities		0.0	0.0
Cash Provided by (Used for) Financing Activities:
Issuance of long-term debt		0.0
Proceeds from stock option exercises and other		0.0	0.0
Excess tax benefits from share-based payments		0.0	0.0
Intercompany capital			0.0
Dividends paid		0.0	0.0
Other financing activities			0.0
Net Cash Provided by (Used for) Financing Activities		0.0	0.0
Effect of Exchange Rate Changes on Cash		0.0	0.0
Net Change in Cash and Cash Equivalents		0.0	0.0
Cash and Cash Equivalents at Beginning of Period		0.0	0.0
Cash and Cash Equivalents at End of Period		0.0	0.0
Non- Guarantors
Condensed Financial Statements, Captions [Line Items]
Net Cash Provided by Operating Activities		1.6	19.6
Cash Provided by (Used for) Investing Activities:
Purchases of property, plant, and equipment		(10.7)	(12.4)
Proceeds from sale of property, plant, and equipment		2.2	0.0
Investments in subsidiaries		0.0	0.0
Acquisition of businesses, net of cash acquired		(229.3)	0.0
Proceeds from settlement of financial instrument			0.0
Purchase of financial instrument			0.0
Net Cash Used for Investing Activities		(237.8)	(12.4)
Cash Provided by (Used for) Financing Activities:
Issuance of long-term debt		1.7
Proceeds from stock option exercises and other		0.0	0.0
Excess tax benefits from share-based payments		0.0	0.0
Intercompany capital			9.5
Dividends paid		0.0	0.0
Other financing activities			(10.4)
Net Cash Provided by (Used for) Financing Activities		1.7	(0.9)
Effect of Exchange Rate Changes on Cash		(5.0)	(5.5)
Net Change in Cash and Cash Equivalents		(239.5)	0.8
Cash and Cash Equivalents at Beginning of Period		276.9	33.4
Cash and Cash Equivalents at End of Period		$ 37.4	$ 34.2