United Refining 10-K 29 Nov 16 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Aug. 31, 2016	Nov. 29, 2016
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Aug. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Trading Symbol	UNRF
Entity Registrant Name	UNITED REFINING CO
Entity Central Index Key	101,462
Current Fiscal Year End Date	--08-31
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		100
Entity Public Float		$ 0

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Aug. 31, 2016	Aug. 31, 2015
Current:
Cash and cash equivalents	$ 48,361	$ 117,028
Short-term investments	10,156
Accounts receivable, net	71,504	81,567
Refundable income taxes	3,343
Inventories, net	167,062	206,066
Prepaid income taxes	4,018
Prepaid expenses and other assets	22,092	28,000
Amounts due from affiliated companies, net		393
Total current assets	326,536	433,054
Property, plant and equipment, net	403,631	347,757
Deferred financing costs, net	5,150	2,667
Goodwill	1,349	1,349
Trade name	10,500	10,500
Amortizable intangible assets, net	807	869
Deferred integrity and replacement costs, net	112,892	58,634
Deferred turnaround costs and other assets, net	18,852	30,636
Total assets	879,717	885,466
Current:
Current installments of long-term debt	28,029	1,556
Accounts payable	61,832	44,833
Accrued liabilities	21,307	17,911
Income tax payable		7,397
Sales, use and fuel taxes payable	21,649	23,373
Amounts due to affiliated companies, net	729
Total current liabilities	133,546	95,070
Long term debt: less current installments	259,648	239,111
Deferred income taxes	48,173	61,743
Deferred retirement benefits	94,786	71,800
Total liabilities	536,153	467,724
Commitments and Contingencies
Stockholder's equity:
Common stock; $.10 par value per share - shares authorized 100; issued and outstanding 100	0	0
Series A Preferred stock; $1,000 par value per share - shares authorized 25,000; issued and outstanding 14,116	14,116	14,116
Additional paid-in capital	157,316	156,846
Retained earnings	208,495	263,464
Accumulated other comprehensive loss	(36,363)	(16,684)
Total stockholder's equity	343,564	417,742
Total liabilities and stockholder's equity	$ 879,717	$ 885,466

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Aug. 31, 2016	Aug. 31, 2015
Statement of Financial Position [Abstract]
Common stock, par value per share	$ 0.10	$ 0.10
Common stock, shares authorized	100	100
Common stock, shares issued	100	100
Common stock, shares outstanding	100	100
Preferred stock, par value per share	$ 1,000	$ 1,000
Preferred stock, shares authorized	25,000	25,000
Preferred stock, shares issued	14,116	14,116
Preferred stock, shares outstanding	14,116	14,116

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Aug. 31, 2016	Aug. 31, 2015	Aug. 31, 2014
Income Statement [Abstract]
Net sales	$ 2,086,625,000	$ 2,716,719,000	$ 3,439,218,000
Costs and expenses:
Costs of goods sold (exclusive of depreciation and amortization)	1,842,348,000	2,352,031,000	3,100,473,000
Selling, general and administrative expenses	170,919,000	165,089,000	162,764,000
Depreciation and amortization	47,775,000	41,554,000	31,804,000
Total costs and expenses	2,061,042,000	2,558,674,000	3,295,041,000
Operating income	25,583,000	158,045,000	144,177,000
Other expense:
Interest expense, net	(12,179,000)	(26,648,000)	(26,341,000)
Other, net	(4,071,000)	(3,869,000)	(2,897,000)
Loss on early extinguishment of debt	(19,316,000)
Total other income(expense)	(35,566,000)	(30,517,000)	(29,238,000)
(Loss) income before income tax (benefit) expense	(9,983,000)	127,528,000	114,939,000
Income tax (benefit) expense:
Current	(2,201,000)	25,897,000	25,050,000
Deferred	(1,420,000)	19,580,000	18,776,000
Income tax expense	(3,621,000)	45,477,000	43,826,000
Net (loss) income	$ (6,362,000)	$ 82,051,000	$ 71,113,000

Consolidated Statements of Comp

Consolidated Statements of Comprehensive (Loss) Income - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2016	Aug. 31, 2015	Aug. 31, 2014
Statement of Comprehensive Income [Abstract]
Net (loss) income	$ (6,362)	$ 82,051	$ 71,113
Other comprehensive loss, net of taxes:
Unrecognized post-retirement loss, net of taxes of $(12,150), $(4,787) and $(1,384) for the years ended August 31, 2016, 2015 and 2014, respectively	(19,679)	(7,488)	(2,106)
Other comprehensive loss	(19,679)	(7,488)	(2,106)
Total comprehensive (loss) income	$ (26,041)	$ 74,563	$ 69,007

Consolidated Statements of Com6

Consolidated Statements of Comprehensive (Loss) Income (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2016	Aug. 31, 2015	Aug. 31, 2014
Statement of Comprehensive Income [Abstract]
Unrecognized post retirement loss, taxes	$ (12,150)	$ (4,787)	$ (1,384)

Statement of Shareholders' Equi

Statement of Shareholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Preferred Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Loss [Member]
Balance at Aug. 30, 2013	$ 357,203		$ 14,116	$ 159,844	$ 190,333	$ (7,090)
Balance, Shares at Aug. 30, 2013		100	14,116
Other comprehensive loss	(2,106)					(2,106)
Contribution from (distribution to) Parent under the Tax Sharing Agreement	(3,034)			(3,034)
Net income	71,113				71,113
Dividends	(38,951)				(38,951)
Balance at Aug. 31, 2014	384,225		$ 14,116	156,810	222,495	(9,196)
Balance, Shares at Aug. 31, 2014		100	14,116
Other comprehensive loss	(7,488)					(7,488)
Contribution from (distribution to) Parent under the Tax Sharing Agreement	36			36
Net income	82,051				82,051
Dividends	(41,082)				(41,082)
Balance at Aug. 31, 2015	417,742		$ 14,116	156,846	263,464	(16,684)
Balance, Shares at Aug. 31, 2015		100	14,116
Other comprehensive loss	(19,679)					(19,679)
Contribution from (distribution to) Parent under the Tax Sharing Agreement	470			470
Net income	(6,362)				(6,362)
Dividends	(48,607)				(48,607)
Balance at Aug. 31, 2016	$ 343,564		$ 14,116	$ 157,316	$ 208,495	$ (36,363)
Balance, Shares at Aug. 31, 2016		100	14,116

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2016	Aug. 31, 2015	Aug. 31, 2014
Cash flows from operating activities:
Net (loss) income	$ (6,362)	$ 82,051	$ 71,113
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	49,205	44,027	34,147
Non cash portion of loss on early extinguishment of debt	5,771
Deferred income taxes	(1,420)	19,580	18,776
Loss on asset dispositions	3,023	928	1,205
Cash provided by (used in) working capital items	60,061	4,180	(8,700)
Change in operating assets and liabilities:
Other assets, net	575	480	736
Deferred retirement benefits	(8,843)	(7,596)	(6,044)
Total adjustments	108,372	61,599	40,120
Net cash provided by operating activities	102,010	143,650	111,233
Cash flows from investing activities:
Short-term investments	(10,156)
Additions to property, plant and equipment	(81,856)	(50,249)	(49,264)
Additions to amortizable intangible assets	(60)	(100)
Additions to deferred turnaround costs	(1,515)	(3,616)	(42,195)
Additions to deferred integrity and replacement costs	(66,544)	(28,630)	(36,810)
Proceeds from asset dispositions	265	10	58
Net cash used in investing activities	(159,866)	(82,585)	(128,211)
Cash flows from financing activities:
Contribution from (Distribution to) Parent under the Tax Sharing Agreement	470	36	(3,034)
Dividends to preferred shareholder and stockholder	(48,607)	(41,082)	(38,951)
Proceeds from issuance of long-term debt	301,948		1,426
Principal reductions of long-term debt	(258,729)	(1,708)	(1,963)
Deferred financing costs	(5,893)	(320)
Net cash used in financing activities	(10,811)	(43,074)	(42,522)
Net (decrease) increase in cash and cash equivalents	(68,667)	17,991	(59,500)
Cash and cash equivalents, beginning of year	117,028	99,037	158,537
Cash and cash equivalents, end of year	48,361	117,028	99,037
Cash provided by (used in) working capital items:
Accounts receivable, net	10,063	10,824	32,805
Refundable income taxes	(3,343)	6,000	14,890
Inventories, net	39,055	(54,594)	(20,506)
Prepaid income taxes	(4,018)	13,674	(13,674)
Prepaid expenses and other assets	5,908	39,168	(25,075)
Amounts due to/from affiliated companies, net	1,122	(1,914)	1,087
Accounts payable	16,999	(18,418)	9,081
Accrued liabilities	3,396	(780)	(24)
Income taxes payable	(7,397)	7,397	(8,587)
Sales, use and fuel taxes payable	(1,724)	2,823	1,303
Total Change	60,061	4,180	(8,700)
Cash paid during the period for:
Interest	11,575	25,543	25,561
Income taxes	$ 11,363	17,871	49,366
Non-cash investing and financing activities:
Deferred integrity and replacement costs			28,630
Property additions and capital leases		$ 1,605	$ 241

Description of Business and Sum

Description of Business and Summary of Significant Accounting Policies	12 Months Ended
	Aug. 31, 2016
Accounting Policies [Abstract]
Description of Business and Summary of Significant Accounting Policies	1. Description of Business and Summary of Significant Accounting Policies Description of Business and Basis of Presentation The consolidated financial statements include the accounts of United Refining Company and its subsidiaries, United Refining Company of Pennsylvania and its subsidiaries and Kiantone Pipeline Corporation and its subsidiaries (collectively, the “Company”). All significant intercompany balances and transactions have been eliminated in consolidation. The Company is a petroleum refiner and marketer in its primary market area of Western New York and Northwestern Pennsylvania. Operations are organized into two business segments: wholesale and retail. The wholesale segment is responsible for the acquisition of crude oil, petroleum refining, supplying petroleum products to the retail segment and the marketing of petroleum products to wholesale and industrial customers. The retail segment operates a network of Company operated retail units under the Red Apple Food Mart ® ® ® ® ® The Company is a wholly-owned subsidiary of United Refining, Inc. (“URI”), a wholly-owned subsidiary of United Acquisition Corp., which in turn is a wholly-owned subsidiary of Red Apple Group, Inc. (the “Parent”). Cash and Cash Equivalents For purposes of the consolidated statements of cash flows, the Company considers all highly liquid investment securities with maturities of three months or less at date of acquisition to be cash equivalents. Short-Term Investments The Company holds a certificate of deposit at a bank with a maturity date of six months. Derivative Instruments From time to time the Company uses derivatives to reduce its exposure to fluctuations in crude oil purchase costs and refining margins. Derivative products, historically crude oil option contracts (puts) and crackspread option contracts have been used to hedge the volatility of these items. The Company does not enter such contracts for speculative purposes. The Company accounts for changes in the fair value of its contracts by marking them to market and recognizing any resulting gains or losses in its Statement of Operations. The Company includes the carrying amounts of the contracts in derivative liability in its Consolidated Balance Sheet. At August 31, 2016, the Company had no derivative instruments outstanding as part of its risk management strategy. For the fiscal years ended August 31, 2016, 2015 and 2014 the Company recognized $0 of losses in costs and expenses in its Consolidated Statements of Operations. Inventories and Exchanges Inventories are stated at the lower of cost or market (LCM), with cost being determined under the Last-in, First-out (LIFO) method for crude oil and petroleum product inventories and the First-in, First-out (FIFO) method for merchandise. Supply inventories are stated at either the LCM or replacement cost and include various parts for the refinery operations. If the cost of inventories exceeds their market value, provisions are made currently for the difference between the cost and the market value. Property, Plant and Equipment Property, plant and equipment is stated at cost and depreciated by the straight-line method over the respective estimated useful lives. Routine current maintenance, repairs and replacement costs are charged against income. Expenditures which materially increase values, expand capacities or extend useful lives are capitalized. A summary of the principal useful lives used in computing depreciation expense is as follows: Estimated Useful Refining 20-30 Retail Marketing 15-30 Pipeline Transportation 20-30 Leases The Company leases land, buildings, and equipment under long-term operating and capital leases and accounts for the leases in accordance with ASC 360-10-30-8. Lease expense for operating leases is recognized on a straight-line basis over the expected lease term. The lease term begins on the date the Company has the right to control the use of the leased property pursuant to the terms of the lease. Deferred Integrity and Replacement Costs The Company and Kiantone Pipeline Corporation, a subsidiary of the Company, and Enbridge Energy Limited Partnership (“EELP”) and Enbridge Pipelines, Inc. (“EPI” and, together with EELP, the “Carriers”), entered into a letter agreement dated July 31, 2014, as amended, (the “Letter Agreement”) with respect to a pipeline (“Line 10”) owned by the Carriers, which transports crude oil from Canada to the Company’s Kiantone Pipeline. Pursuant to the Letter Agreement, the Company agreed to fund certain integrity costs necessary to maintain Line 10, and agreed to pay for half the cost of replacing certain portions of Line 10. The integrity and replacement costs, are deferred when incurred and amortized on a straight-line basis over the period of benefit, which is approximately 11 years. As of August 31, 2016 and 2015, net deferred integrity and replacement costs amounted to $112,892,000 and $58,634,000, respectively. Amortization expense of $12,286,000, $6,282,000 and $524,000 is included in depreciation and amortization for the fiscal years ended August 31, 2016, 2015 and 2014, respectively. Deferred Maintenance Turnarounds The cost of maintenance turnarounds, which consist of complete shutdown and inspection of significant units of the refinery at intervals of three or more years for necessary repairs and replacements, are deferred when incurred and amortized on a straight-line basis over the period of benefit, which ranges from 3 to 10 years. As of August 31, 2016 and 2015, deferred turnaround costs included in Deferred Turnaround Costs and Other Assets, amounted to $17,280,000 and $28,489,000, which are net of accumulated amortization of $32,981,000 and $20,888,000, respectively. Amortization expense included in depreciation and amortization for the fiscal years ended August 31, 2016, 2015 and 2014 amounted to $12,724,000, $14,479,000 and $11,319,000, respectively. Amortizable Intangible Assets The Company amortizes identifiable intangible assets such as brand names, non-compete agreements, leasehold covenants and deed restrictions on a straight-line basis over their estimated useful lives which range from 5 to 25 years. Revenue Recognition Revenues for products sold by the wholesale segment are recorded upon delivery of the products to our customers, at which time title to those products is transferred and when payment has either been received or collection is reasonably assured. At no point do we recognize revenue from the sale of products prior to the transfer of its title. Title to product is transferred to the customer at the shipping point, under pre-determined contracts for sale at agreed upon or posted prices to customers of which collectability is reasonably assured. Revenues for products sold by the retail segment are recognized immediately upon sale to the customer. Included in Net Sales and Costs of Goods Sold are consumer excise taxes of $245,843,000, $246,636,000 and $238,332,000 for the years ended August 31, 2016, 2015 and 2014, respectively. Cost Classifications Our Costs of Goods Sold (which excludes depreciation and amortization) include Refining Cost of Products Sold and related Refining Operating expenses. Refining Cost of Products Sold includes cost of crude oil, other feedstocks, blendstocks, the cost of purchased finished products, transportation costs and distribution costs. Retail Cost of Products Sold include cost for motor fuels and for merchandise. Motor fuel cost of products sold represents net cost for purchased fuel. Merchandise cost of products sold includes merchandise purchases, net of merchandise rebates and inventory shrinkage. Wholesale cost of products sold includes the cost of fuel and lubricants, transportation and distribution costs and labor. Income Taxes The Company accounts for income taxes using the asset and liability method. Under the asset and liability method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. The Company’s results of operations are included in the consolidated Federal income tax return of the Parent and separately in various state jurisdictions. Income taxes are calculated on a separate return basis with consideration of the Tax Sharing Agreement between the Parent and its subsidiaries. With few exceptions, the Company is no longer subject to income tax examinations by U.S. federal, state or local tax authorities for years before fiscal 2012. The Company’s policy is to recognize interest and penalties accrued on any unrecognized tax positions as a component of interest expense, net and other, net, respectively. No amounts of such expenses are currently accrued. Post-Retirement Healthcare and Pension Benefits The Company provides post-retirement healthcare benefits to salaried and certain hourly employees that retired prior to September 1, 2010. The benefits provided are hospitalization and medical coverage for the employee and spouse until age 65. Benefits continue until the death of the retiree, which results in the termination of benefits for all dependent coverage. If an employee leaves the Company as a terminated vested member of a pension plan prior to normal retirement age, the person is not entitled to any post-retirement healthcare benefits. Benefits payable under this program are secondary to any benefits provided by Medicare or any other governmental programs. In June 2010, the Company announced changes to the healthcare and pension plans provided to salaried employees. Effective September 1, 2010, postretirement medical benefits for new hires and active salaried employees retiring after September 1, 2010 were eliminated. Additionally, effective January 1, 2011, deductibles and co-payments were added to the medical benefits plan for all active and retired employees. For salaried employees meeting certain age and service requirements, the Company contributes a defined dollar amount towards the cost of retiree healthcare based upon the employee’s length of service. Similarly, effective August 31, 2010, benefits under the Company’s defined benefit pension plan were frozen for all salaried employees, including the Company’s Chief Executive Officer and Chief Financial Officer. The Company will provide an enhanced contribution under its defined contribution 401(k) plan as well as a transition contribution for older employees. The changes made for the salary group described above were also incorporated into the collective bargaining agreement reached with the International Union of Operating Engineers, Local No.95 effective February 1, 2012. The Company accrues post-retirement benefits other than pensions, during the years that the employee renders the necessary service, of the expected cost of providing those benefits to an employee and the employee’s beneficiaries and covered dependents. Use of Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Allowance for Doubtful Accounts The Company records an allowance for doubtful accounts based on specifically identified amounts that we believe to be uncollectible. The Company also recorded additional allowances based on historical collection experience and its assessment of the general financial conditions affecting the customer base. Senior management reviews accounts receivable on a weekly basis to determine if any receivables will potentially be uncollectible. After all attempts to collect a receivable have failed, the receivable is written off against the allowance. Concentration Risks Financial instruments which potentially subject the Company to concentrations of credit risk consist principally of temporary cash investments. The Company places its temporary cash investments with quality financial institutions. At times, such investments were in excess of FDIC insurance limits. The Company has not experienced any losses in such accounts. The Company purchased approximately 15% of its cost of goods sold from one vendor during each of the fiscal years ended August 31, 2016 and 2015, respectively. The Company is not obligated to purchase from this vendor, and, if necessary, there are other vendors from which the Company can purchase crude oil and other petroleum based products. The Company had $0 in accounts payable for each of the years ended August 31, 2016 and 2015 to this vendor. Environmental Matters The Company expenses environmental expenditures related to existing conditions resulting from past or current operations and from which no current or future benefit is discernible. Expenditures, which extend the life of the related property or mitigate or prevent future environmental contamination are capitalized. The Company determines its liability on a site by site basis and records a liability at the time when it is probable and can be reasonably estimated. The Company’s estimated liability is reduced to reflect the anticipated participation of other potentially responsible parties in those instances where it is probable that such parties are legally responsible and financially capable of paying their respective shares of the relevant costs. The estimated liability of the Company is not reduced for possible recoveries from insurance carriers and is recorded in accrued liabilities. Goodwill and Other Non-Amortizable Assets In accordance with ASC 350, goodwill and intangible assets deemed to have indefinite lives are no longer amortized but are subject to annual impairment tests in accordance with ASC 350. Other definite lived intangible assets continue to be amortized over their estimated useful lives. The Company performed separate impairment tests for its goodwill and tradename using the discounted cash flow method. The fair value of the Company’s reporting units exceeded their carrying values. The fair value of the tradename exceeded its carrying value. The Company has noted no subsequent indication that would require testing its goodwill and tradename for impairment. Long-Lived Assets Whenever events or changes in circumstances indicate that the carrying value of any of these assets (other than goodwill and tradename) may not be recoverable, the Company will assess the recoverability of such assets based upon estimated undiscounted cash flow forecasts. When any such impairment exists, the related assets will be written down to fair value. Other Comprehensive (Loss) Income The Company reports comprehensive (loss) income in accordance with ASC 220-10. ASC 220-10 establishes guidelines for the reporting and display of comprehensive (loss) income and its components in financial statements. Comprehensive (loss) income includes charges and credits to equity that is not the result of transactions with the shareholder. Included in other comprehensive loss for the Company is a charge for unrecognized post-retirement costs, which is net of taxes in accordance with ASC 715. The accumulated other comprehensive loss balance is made up entirely of unrecognized post-retirement costs. Recent Accounting Pronouncements In May, 2014, the FASB issued ASU No. 2014-09 “Revenue from Contracts with Customers,” which provides guidance for revenue recognition. The standard’s core principle is that a company should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In August 2015, the FASB issued ASU No. 2015-14 which deferred the effective date of ASU 2014-09. This guidance will now be effective for our financial statements in the annual period beginning after December 15, 2017. We are currently evaluating the effect of adopting this new accounting guidance and do not expect adoption will have a material impact on our financial statements. In April 2015, the FASB issued ASU 2015-03, “Simplifying the Presentation of Debt Issuance Costs,” which requires debt issuance costs related directly to notes payable be deducted from the face amount of that note and the amortization of such costs be classified as interest expense. This guidance is effective for fiscal years and interim periods beginning after December 15, 2015, with early adoption permitted. Upon adoption, an entity must retrospectively apply the guidance. We are currently evaluating the effect of adopting this new accounting guidance and do not expect adoption will have a material impact on our financial statements. In November 2015, the FASB issued ASU 2015-17 “Balance Sheet Classification of Deferred Taxes,” which requires deferred income tax balances to be presented as noncurrent. This guidance is effective for fiscal years and interim periods beginning after December 15, 2016, with early adoption permitted. Effective August 31, 2016, the Company adopted the accounting and reporting requirements included in ASU 2015-17 for balance sheet classification of deferred taxes requiring deferred tax assets and liabilities to be classified as noncurrent. The Company has applied these requirements retrospectively. Accordingly, the Company has included $5,822,000 of previously reported current deferred income tax liabilities in the $61,743,000 noncurrent deferred income tax liabilities in its August 31, 2015 consolidated balance sheet. The adoption of these accounting and reporting requirements had no impact on the Company’s results of operations or cash flows. In January 2016, the FASB issued ASU No. 2016-01, “Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities” (ASU 2016-01”). The standard addresses certain aspects of recognition, measurements, presentation and disclosure of financial instruments. ASU 2016-01 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2017 and early adoption is not permitted. The Company is currently assessing the impact that adoption of this guidance will have on its financial statements and footnote disclosures. In February 2016, the FASB issued ASU-2016-02 “Leases,” which replaces the existing guidance in Accounting Standards Codification (“ASC”) 840. This new guidance is effective for fiscal years, and interim periods within those years, beginning after December 15, 2018 with early adoption permitted. The guidance requires a dual approach for lessee accounting under which a lessee would account for leases as finance leases or operating leases. Both finance leases and operating leases will result in the lessee recognizing a right-of-use (ROU) asset and a corresponding lease liability. For finance leases the lessee would recognize interest expense and amortization of the ROU asset and for operating leases the lessee would recognize a straight-line total lease expense. The Company is currently assessing the impact that adoption of this guidance will have on its financial statements and footnote disclosures. In August 2016, the FASB issued ASU 2016-15 which includes guidance to clarify how companies present and classify certain cash receipts and cash payments in the statement of cash flows, including contingent consideration payments made after a business acquisition and debt extinguishment costs. Specifically, cash payments to settle a contingent consideration liability which are not made soon after the acquisition date should be classified as cash used in financing activities up to the initial amount of contingent consideration recognized with the remaining amount classified as cash flows from operating activities. The guidance is effective for fiscal years and interim periods beginning after December 15, 2017, with early adoption permitted. The Company expects to adopt this guidance when effective and adoption is not expected to have a material effect on the financial statements. Reclassification Certain amounts in the prior year’s consolidated financial statements have been reclassified to conform with the presentation in the current year.

Accounts Receivable, Net

Accounts Receivable, Net	12 Months Ended
	Aug. 31, 2016
Receivables [Abstract]
Accounts Receivable, Net	2. Accounts Receivable, Net As of August 31, 2016 and 2015, accounts receivable were net of allowance for doubtful accounts of $750,000 and $850,000, respectively.

Inventories

Inventories	12 Months Ended
	Aug. 31, 2016
Inventory Disclosure [Abstract]
Inventories	3. Inventories Inventories consist of the following: August 31, 2016 2015 (in thousands) Crude Oil $ 44,536 $ 60,209 Petroleum Products 65,414 92,452 Total Lower of LIFO Cost or Market 109,950 152,661 Merchandise 26,293 24,277 Supplies 30,819 29,128 Total FIFO 57,112 53,405 Total Inventory $ 167,062 $ 206,066 As of August 31, 2016 and 2015, the replacement cost of LIFO inventories (FIFO) exceeded their LIFO carrying values (LCM) on the balance sheets by approximately $4,718,000 and $6,201,000, respectively, which includes the LCM inventory write-down of $13,052,000 and $0, respectively, and a LIFO increase (decrease) of $8,334,000 and $(6,201,000), respectively. For the fiscal years ended August 31, 2016 and 2015, the Company recorded a charge to Costs of Goods Sold from a LIFO layer liquidation of $15,703,000 and $0, respectively. Included in petroleum product inventories are exchange balances either held for or due from other petroleum marketers. These balances are not significant. The Company does not own sources of crude oil and depends on outside vendors for its needs.

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
	Aug. 31, 2016
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	4. Property, Plant and Equipment Property, plant and equipment is summarized as follows: August 31, 2016 2015 (in thousands) Refinery equipment $ 431,744 $ 378,877 Marketing (i.e. retail outlets) 153,654 141,726 Transportation 14,628 12,951 Construction-in-progress 74,286 65,970 674,312 599,524 Less: Accumulated depreciation 270,681 251,767 $ 403,631 $ 347,757 Depreciation and amortization on the above assets for the fiscal years ended August 31, 2016 and 2015 amounted to $22,643,000 and $20,678,000, respectively. On March 6, 2013, the Company, through its subsidiary United Biofuels, Inc. (“UBI”), acquired a partially completed 50 million gallon per year biodiesel facility in Brooklyn, New York as part of the acquisition by its parent company, United Refining, Inc., and United Metro Energy Corp. (“UMEC”), a subsidiary of the Company’s parent company, of certain assets of Metro Fuel Oil Corp, and its affiliates. UBI has initiated the project to complete and modify the biodiesel plant. The Company paid $9,800,000 for such biodiesel facility. Due to the Company and UMEC having a common owner, the Company recorded the acquisition of the biodiesel facility based on an allocation of the carrying value of all assets acquired by its parent and UMEC from Metro Fuel Oil Corp., or $20,735,000. The difference between the carrying value of the biodiesel facility and the amount paid by the Company has been recorded as a capital contribution net of the tax effect of $4,960,000. Commissioning the modified biodiesel plant is expected during fiscal year 2018. As of August 31, 2016, the remaining cost of the project is expected to be about $37,000,000.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Aug. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	5. Goodwill and Intangible Assets As of August 31, 2016 and 2015, the Company’s trade name, goodwill and amortizable intangible assets, included in the Company’s retail segment, were as follows: Weighted Average August 31, 2016 August 31, 2015 Gross Accumulated Gross Accumulated (in thousands) Amortizable intangible assets: Deed restrictions 10 yrs. $ 800 $ 469 $ 800 $ 437 Leasehold covenants 6 yrs. 1,650 1,174 1,590 1,084 $ 2,450 $ 1,643 $ 2,390 $ 1,521 Non-amortizable assets: Tradename $ 10,500 $ — $ 10,500 $ — Goodwill $ 1,349 $ — $ 1,349 $ — Amortization expense for the fiscal years ended August 31, 2016, 2015 and 2014 amounted to $122,000, $115,000 and $106,000, respectively. Amortization expense for intangible assets subject to amortization for each of the years in the five-year period ending August 31, 2021 is estimated to be $126,000, $126,000, $126,000, $118,000, $62,000 and $249,000 thereafter.

Accrued Liabilities

Accrued Liabilities	12 Months Ended
	Aug. 31, 2016
Payables and Accruals [Abstract]
Accrued Liabilities	6. Accrued Liabilities Accrued liabilities include the following: August 31, 2016 2015 (in thousands) Interest $ 832 $ 119 Payrolls and benefits 17,392 15,974 Other 3,083 1,818 $ 21,307 $ 17,911

Leases

Leases	12 Months Ended
	Aug. 31, 2016
Leases [Abstract]
Leases	7. Leases The Company occupies premises, primarily retail gas stations and convenience stores and office facilities under long-term leases which require minimum annual rents plus, in certain instances, the payment of additional rents based upon sales. The leases generally are renewable for one to three five-year periods. As of August 31, 2016 and 2015, capitalized lease obligations, included in long-term debt, amounted to $4,087,000 and $4,212,000, respectively, inclusive of current portion of $143,000 and $124,000, respectively. The related assets (retail gas stations and convenience stores) as of August 31, 2016 and 2015 amounted to $3,492,000 and $3,732,000, net of accumulated amortization of $1,197,000 and $956,000, respectively. Lease amortization amounting to $241,000, $207,000 and $185,000 for the years ended August 31, 2016, 2015 and 2014, respectively is included in depreciation and amortization expense. Future minimum lease payments as of August 31, 2016 are summarized as follows: Year ended August 31, Capital Operating (in thousands) 2017 $ 713 $ 12,623 2018 713 10,682 2019 677 9,433 2020 641 6,870 2021 622 5,951 Thereafter 7,045 6,975 Total minimum lease payments 10,411 52,534 Less: Minimum sublease rents — — Net minimum lease payments 10,411 $ 52,534 Less: Amount representing interest 6,324 Present value of net minimum lease payments $ 4,087 Net rent expense for operating leases amounted to $13,774,000, $13,728,000 and $13,243,000 for the years ended August 31, 2016, 2015 and 2014, respectively.

Long-Term Debt

Long-Term Debt	12 Months Ended
	Aug. 31, 2016
Debt Disclosure [Abstract]
Long-Term Debt	8. Long-Term Debt Amended, Restated and Consolidated Revolving Credit, Term Loan and Security Agreement On October 20, 2015, URC, United Refining Company of Pennsylvania, Kiantone Pipeline Corporation (“Kiantone”), United Refining Company of New York Inc., United Biofuels, Inc., Country Fair, Inc. and Kwik-Fill Corporation (collectively, the “Borrowers”) entered into an Amended, Restated and Consolidated Revolving Credit, Term Loan and Security Agreement (“Credit Agreement”) with a group of lenders led by PNC Bank, National Association, as Administrative Agent (the “Agent”), and PNC Capital Markets LLC, as Sole Lead Arranger and Bookrunner. The Credit Agreement amends and restates the Amended and Restated Credit Agreement, dated May 18, 2011 and last amended June 18, 2013, by and between the Company and certain subsidiaries and PNC Bank, National Association, as Administrative Agent (the “Existing Credit Facility”). The Credit Agreement will terminate on October 19, 2020 (the “Expiration Date”). Until the Expiration Date, the Company may borrow on the New Revolving Credit Facility (as defined below) on a borrowing base formula set forth in the Credit Agreement. Pursuant to the Credit Agreement, the Company increased its existing senior secured revolving credit facility from $175,000,000 to $225,000,000. The New Revolving Credit Facility may be increased by an amount not to exceed $50,000,000 without additional approval from the lenders named in the Credit Agreement if existing lenders agree to increase their commitments or additional lenders commit to fund such increase. Interest under the New Revolving Credit Facility is calculated as follows: (a) for domestic rate borrowings, at (i) the greater of the Agent’s prime rate, federal funds rate plus .5% or the daily LIBOR rate plus 1%, plus (ii) an applicable margin of 1.25% to 1.75%, and (b) for euro-rate borrowings, at the LIBOR rate plus an applicable margin of 2.25% to 2.75%. The applicable margin will vary depending on a formula calculating the Company’s average unused availability under the facility. As of August 31, 2016 and 2015 there were no base rate or euro-rate borrowings outstanding under the facility. Letters of credit totaling $8,753,000 were outstanding at August 31, 2016 and 2015, respectively. In addition, pursuant to the Credit Agreement, the Company entered into a term loan in the amount of $250,000,000, which was made in a single drawing on the Closing Date (“Term Loan” and, together with the New Revolving Credit Facility, the “Credit Obligations”). Under the Term Loan, interest is calculated as follows: (a) for domestic rate borrowings, at (i) the greater of the Agent’s prime rate, federal funds rate plus .5% or the daily LIBOR rate plus 1%, plus (ii) an applicable margin of 1.75% to 2.25%, and (b) for euro-rate borrowings, at the LIBOR rate plus an applicable margin of 2.75% to 3.25%. The applicable margin will vary depending on a formula calculating the Company’s average unused availability under the facility. The Term Loan is prepayable in whole or in part at any time without premium or penalty. The Term Loan shall be paid in full on or prior to the Expiration Date and shall be paid in equal quarterly amounts based on a ten-year straight line amortization schedule. The Credit Obligations are secured by a first priority security interest in certain cash accounts, accounts receivable, inventory, the refinery, including a related tank farm, and the capital stock of Kiantone. At such time as the Term Loan is repaid in full, and provided no event of default exists, the security interest in the refinery and the equity interest in Kiantone shall be released. The Credit Agreement requires minimum undrawn availability of $15,000,000 at all times prior to the repayment of the Term Loan and the greater of 12.5% of the maximum New Revolving Credit Facility or $25,000,000 after the repayment of the Term Loan. The Company is also required to maintain a consolidated net worth of no less than $100,000,000. The Credit Agreement includes customary mandatory prepayment provisions, including in connection with non-ordinary course asset sales, equity issuances and the incurrence of additional debt. Unless assets sold in non-ordinary course transactions were included in the borrowing base for the New Revolving Credit Facility, mandatory prepayments shall be applied first to the repayment of the Term Loan and then the New Revolving Credit Facility. The Credit Agreement also includes customary affirmative and negative covenants, including, among other things, covenants related to the fixed charge coverage ratio, payment of fees, conduct of business, maintenance of existence and assets, payment of indebtedness and the incurrence of additional indebtedness, intercompany obligations, affiliate transactions, amendments to organizational documents, and financial statements. The proceeds of the Credit Agreement were used to (i) repay and satisfy in full those certain 10.500% senior secured notes due 2018 (the “Senior Secured Notes due 2018”), (ii) provide for the Company’s general corporate needs, including working capital requirements and capital expenditures and (iii) pay the fees and expenses associated with the Credit Agreement. In connection with the redemption of all its Senior Secured Notes due 2018, the Company recorded a loss of $19,316,000 on the early extinguishment of debt consisting of a redemption premium of $7,009,000, a consent payment of $6,536,000, a write-off of unamortized net debt discount of $3,600,000 and a write-off of deferred finance costs of $2,171,000. Other Long Term Debt On December 9, 2015, United Refining Company of New York Inc. (as Borrower) and United Refining Company of Pennsylvania (as Fee Owner), entered into a Loan Agreement with a bank, in the amount of $50,000,000 which matures on December 9, 2022. Pursuant to the Loan Agreement, interest is calculated as follows: (a) for LIBOR Loans, at either the LIBOR plus 2.50% or the Prime Rate, (b) for Reference Rate Loans, the Prime Rate and (c) for Fixed Rate Loans, at the Fixed Rate. Under the terms of the agreement, the Company will make 84 monthly principal installments of approximately $129,000 with the remaining principal balance due on December 9, 2022. The loan is secured by a first lien mortgage on certain convenience store units owned by United Refining Company of Pennsylvania and contains various covenants applicable to the Borrower, which include, among others, maintaining a debt service coverage ratio. Payments due under a master lease between URC and the Borrower are guaranteed by the Company. Proceeds of the loan are to be used for general corporate purposes of the Company. A summary of long-term debt is as follows: August 31, 2016 2015 (in thousands) Long-term debt: 10.50% Senior Secured Notes due February 28, 2018, net of unamortized discount of $0 and $3,791, respectively $ — $ 233,459 PNC term loan, LIBOR rate of 3.25% 231,250 — Signature Bank term loan, LIBOR rate of 3.00% 49,100 — Other long-term debt 7,327 7,208 287,677 240,667 Less: Current installments of long-term debt 28,029 1,556 Total long-term debt, less current installments $ 259,648 $ 239,111 The principal amount of long-term debt matures as follows: Year ended August 31, (in thousands) 2017 $ 28,029 2018 27,446 2019 27,391 2020 27,102 2021 132,954 Thereafter 44,755 Total $ 287,677 The following financing costs have been deferred and are being amortized to expense over the term of the related debt: August 31, 2016 2015 (in thousands) Beginning balance $ 9,201 $ 8,881 Current year additions 5,893 320 Total financing costs 15,094 9,201 Less: Deferred financing costs associated with debt retirement 2,171 — Accumulated amortization 7,773 6,534 $ 5,150 $ 2,667 Amortization expense for the fiscal years ended August 31, 2016, 2015 and 2014 amounted to $1,239,000, $1,228,000 and $1,228,000, respectively.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Aug. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Employee Benefit Plans	9. Employee Benefit Plans The Company sponsors three defined benefit plans and seven defined contribution plans covering substantially all its full-time employees. The benefits under the defined benefit plans are based on each employee’s years of service and compensation. Effective February 1, 2012 benefits under the Company’s defined benefit pension plan for hourly employees were frozen. Additionally, effective August 31, 2010 benefits under the Company’s defined benefit pension plan were frozen for all salaried employees, including the Company’s Chief Executive Officer and Chief Financial Officer. The Company will provide enhanced contributions under its defined contribution 401(k) plan as well as a transition contribution for older employees. The Company’s policy is to contribute the minimum amounts required by the Employee Retirement Income Security Act of 1974 (ERISA), as amended and any additional amounts for strategic financial purposes or to meet other goals relating to plan funded status. The assets of the plans are invested in an investment trust fund and consist of interest-bearing cash, separately managed accounts and bank common/collective trust funds. In addition to the above, the Company provides certain post-retirement healthcare benefits to salaried and certain hourly employees that retired prior to September 1, 2010. These post-retirement benefit plans are unfunded and the costs are paid by the Company from general assets. Net periodic pension and other post-retirement healthcare benefit cost (income) consist of the following components for the years ended August 31, 2016, 2015 and 2014: Pension Benefits Other Post-Retirement Benefits 2016 2015 2014 2016 2015 2014 (in thousands) Service cost $ 674 $ 626 $ 597 $ 435 $ 608 $ 774 Interest cost on benefit obligation 5,424 4,850 5,204 1,554 1,656 2,072 Expected return on plan assets (6,034 ) (6,351 ) (5,569 ) — — — Amortization and deferrals 1,270 724 697 (4,562 ) (3,152 ) (1,860 ) Net periodic benefit cost (income) $ 1,334 $ (151 ) $ 929 $ (2,573 ) $ (888 ) $ 986 The Company adopted ASC 715-30-25 effective August 31, 2007. ASC 715-30-25 requires an employer to recognize the funded status of each of its defined pension and postretirement benefit plans as a net asset or liability in its statement of financial position with an offsetting amount in accumulated other comprehensive income/loss, and to recognize changes in that funded status in the year in which changes occur through comprehensive income/loss. Changes in plan assets and benefit obligation recognized in Other Comprehensive Loss consist of the following for the fiscal years ended August 31, 2016 and 2015 (in thousands): Pension Benefits Other Post-Retirement 2016 2015 2016 2015 Current year actuarial loss/(gain) $ 19,411 $ 15,160 $ 11,403 $ (5,313 ) Amortization of actuarial (loss)/gain (1,270 ) (724 ) (2,789 ) (4,199 ) Current year prior service (credit) / cost (2,277 ) — — — Amortization of prior service credit / (cost) — — 7,351 7,351 Total recognized in other comprehensive loss $ 15,864 $ 14,436 $ 15,965 $ (2,161 ) Total recognized in net periodic benefit cost and other comprehensive loss $ 17,198 $ 14,285 $ 13,392 $ (3,049 ) The following table summarizes the change in benefit obligations and fair values of plan assets for the years ended August 31, 2016 and 2015: Pension Benefits Other Post-Retirement 2016 2015 2016 2015 (in thousands) Change in benefit obligation: Benefit obligation beginning of year $ 124,490 $ 119,209 $ 38,213 $ 43,713 Service cost 674 626 435 608 Interest cost 5,424 4,850 1,554 1,656 Plan amendments (2,277 ) — — — Curtailment — — — — Medicare part D subsidy on benefits paid — — 351 148 Actuarial losses/(gains) 17,799 5,299 11,402 (5,313 ) Benefits paid (5,245 ) (5,494 ) (2,891 ) (2,599 ) Projected benefit obligation end of year 140,865 124,490 49,064 38,213 Change in plan assets: Fair values of plan assets beginning of year 88,614 93,245 — — Actual return on plan assets 4,421 (3,509 ) — — Company contributions 4,756 4,372 2,891 2,599 Benefits paid (5,245 ) (5,494 ) (2,891 ) (2,599 ) Fair values of plan assets end of year 92,546 88,614 — — Unfunded status $ 48,319 $ 35,876 $ 49,064 $ 38,213 Amounts recognized in the balance sheet consist of: Current liability $ — $ — $ 2,849 $ 2,520 Noncurrent liability 48,319 35,876 46,215 35,693 Net amount recognized $ 48,319 $ 35,876 $ 49,064 $ 38,213 Note: For plans with assets less than the accumulated benefit obligation (ABO), the aggregate ABO is $140,865,000 and $124,490,000, while the aggregate asset value is $92,546,000 and $88,614,000 for the years ended August 31, 2016 and 2015, respectively. Amounts recognized in Accumulated Other Comprehensive Loss: Pension Benefits Other Post-Retirement 2016 2015 2016 2015 (in thousands) Accumulated net actuarial loss $ (61,989 ) $ (43,848 ) $ (28,567 ) $ (19,953 ) Accumulated prior service credit 2,277 — 28,020 35,371 Net amount recognized, before tax effect $ (59,712 ) $ (43,848 ) $ (547 ) $ 15,418 The preceding table presents two measures of benefit obligations for the pension plans. Accumulated benefit obligation (ABO) generally measures the value of benefits earned to date. Projected benefit obligation (PBO) also includes the effect of assumed future compensation increases for plans in which benefits for prior service are affected by compensation changes. Each of the three pension plans, whose information is aggregated above, have asset values less than these measures. Plan funding amounts are calculated pursuant to ERISA and Internal Revenue Code rules. The postretirement benefits are not funded. Weighted average assumptions used to determine year end benefit obligations: Pension Benefits Other Post-Retirement 2016 2015 2016 2015 Discount rate 3.36% - 3.52% 4.40% - 4.50% 3.22% 4.15% Rate of compensation increase N/A N/A N/A N/A Health care cost trend Initial trend N/A N/A 9.50% 7.00% Ultimate trend N/A N/A 5.00% 5.00% Year ultimate reached N/A N/A 2025 2025 The discount rate assumptions at August 31, 2016 and 2015 were determined independently for each plan. A yield curve was produced for a universe containing the majority of U.S.-issued Aa-graded corporate bonds, all of which were non-callable (or callable with make-whole provisions). For each plan, the discount rate was developed as the level equivalent rate that would produce the same present value as that using spot rates aligned with the projected benefit payments. Weighted average assumptions used to determine net periodic costs: Pension Benefits Other Post-Retirement 2016 2015 2016 2015 Discount rate 4.00% - 4.50% 4.00% - 4.20% 4.15% 3.85% Expected return on plan assets 5.00% - 7.00% 5.00% - 7.00% N/A N/A Rate of compensation increase N/A N/A N/A N/A Health care cost trend Initial trend N/A N/A 7.00% 7.00% Ultimate trend N/A N/A 5.00% 5.00% Year ultimate reached N/A N/A 2025 2025 For measurement purposes, the assumed annual rate of increase in the per capita cost of covered medical and dental benefits was 7.00% and 7.00% for 2016 and 2015, respectively. The rates were assumed to decrease gradually to 5% for medical benefits until 2025 and remain at that level thereafter. The healthcare cost trend rate assumption has a significant effect on the amounts reported. To illustrate, a 1 percentage point change in the assumed healthcare cost trend rate would have the following effects: 1% Point 1% Point (in thousands) Effect on total of service and interest cost components $ 25 $ (28 ) Effect on post-retirement benefit obligation $ 1,988 $ (1,757 ) The expected return on plan assets is a long-term assumption established by considering historical and anticipated returns of the asset classes invested in by the pension plans and the allocation strategy currently in place among those classes. A reconciliation of the above accrued benefit costs to the consolidated amounts reported on the Company’s Consolidated Balance Sheets follows: August 31, 2016 2015 (in thousands) Accrued pension benefits $ 48,319 $ 35,876 Accrued other post-retirement benefits 49,064 38,213 97,383 74,089 Current portion of above benefits, included in payrolls and benefits in accrued liabilities (2,849 ) (2,520 ) Supplemental pension and other deferred compensation benefits 252 231 Deferred retirement benefits $ 94,786 $ 71,800 Fair Value of Plan Assets Our Defined Benefit plans’ assets fall into any of three fair value classifications as defined in ASC 820-10. Level 1 assets are valued based on observable prices for identical assets in active markets such as national security exchanges. Level 2 assets are valued based on a) quoted prices of similar assets in active markets, b) quoted prices for similar assets in inactive markets, c) other than quoted prices that are observable for the asset, or d) values that are derived principally from or corroborated by observable market data by correlation or other means. There are no Level 2 or 3 assets held by the plans as defined by ASC 820-10. The fair value of our plan assets as of August 31, 2016 and 2015 is as follows (in thousands): Asset Category August 31, 2016 Level 1 Cash Equivalents $ 382 $ 382 Mutual Funds 62,829 62,829 Equities 29,335 29,335 Total $ 92,546 $ 92,546 Asset Category August 31, 2015 Level 1 Cash Equivalents $ 222 $ 222 Mutual Funds 57,364 57,364 Equities 31,028 31,028 Total $ 88,614 $ 88,614 The pension plans weighted-average target allocation for the year ended August 31, 2016 and strategic asset allocation matrix as of August 31, 2016 and 2015 are as follows: Target Plan Assets 8/31 Asset Category 2016 2016 2015 Equity Securities 50 - 75 % 62 % 67 % Debt Securities 20 - 50 % 29 % 25 % Alternative Investments 0 - 15 % 7 % 7 % Cash/Cash Equivalents 0 - 10 % 2 % 1 % 100 % 100 % The investment policy for the plans is formulated by the Company’s Pension Plan Committee (the “Committee”). The Committee is responsible for adopting and maintaining the investment policy, managing the investment of plan assets and ensuring that the plans’ investment program is in compliance with all provisions of ERISA, as well as the appointment of any investment manager who is responsible for implementing the plans’ investment process. In drafting a strategic asset allocation policy, the primary objective is to invest assets in a prudent manner to meet the obligations of the plans to the Company’s employees, their spouses and other beneficiaries, when the obligations come due. The stability and improvement of the plans’ funded status is based on the various reasons for which money is funded. Other factors that are considered include the characteristics of the plans’ liabilities and risk-taking preferences. The asset classes used by the plan are the United States equity market, the international equity market, the United States fixed income or bond market and cash or cash equivalents. Plan assets are diversified to minimize the risk of large losses. Cash flow requirements are coordinated with the custodian trustees and the investment manager to minimize market timing effects. The asset allocation guidelines call for a maximum and minimum range for each broad asset class as noted above. The target strategic asset allocation and ranges established under the asset allocation represents a long-term perspective. The Committee will rebalance assets to ensure that divergences outside of the permissible allocation ranges are minimal and brief as possible. The net of investment manager fee asset return objective is to achieve a return earned by passively managed market index funds, weighted in the proportions identified in the strategic asset allocation matrix. Each investment manager is expected to perform in the top one-third of funds having similar objectives over a full market cycle. The investment policy is reviewed by the Committee at least annually and confirmed or amended as needed. Under ASC 715-30-25, the transition obligation, prior service costs, and actuarial (gains)/losses are recognized in Accumulated Other Comprehensive Income/Loss each August 31 or any interim measurement date, while amortization of these amounts through net periodic benefit cost will occur in accordance with ASC 715-30 and ASC 715-60. The estimated amounts that will be amortized in 2017 are as follow: Estimated 2017 Amortization Pension Other Post-Retirement (in thousands) Prior service cost (credit) amortization $ (270 ) $ (7,351 ) Net loss amortization 1,978 4,590 Total $ 1,708 $ (2,761 ) The following contributions and benefit payments, which reflect expected future service, as appropriate, are expected to be paid: Pension Other Post-Retirement Benefits Employer Contributions Gross (Subsidy receipts) (in thousands) FYE 8/31/2017 (expected) $ 3,050 $ 2,541 $ (301 ) Expected Benefit Payments for FYE 8/31 2017 $ 6,169 $ 2,894 $ (301 ) 2018 6,538 3,009 (348 ) 2019 6,804 3,215 (395 ) 2020 7,187 3,486 (439 ) 2021 7,481 3,705 (481 ) 2022 - 2026 39,713 18,491 (3,204 ) The pension plan contributions are deposited into a trust, and the pension plan benefit payments are made from trust assets. For the postretirement benefit plan, the contributions and the benefit payments are the same and represent expected benefit amounts, which are paid from general assets. The Company’s postretirement benefit plan is affected by The Medicare Prescription Drug, Improvement and Modernization Act of 2003 (the “Act”). Beginning in 2006, the Act provides a Federal subsidy payment to companies providing benefit plans that meet certain criteria regarding their generosity. The Company expects to receive those subsidy payments. The Company has accounted for the Act in accordance with ASC 715-60-05-8, which requires, in the Company’s case, recognition on August 31, 2004. The benefit obligation as of that date reflects the effect of the federal subsidy, and this amount is identified in the table reconciling the change in benefit obligation above. The estimated effect of the subsidy on cash flow is shown in the accompanying table of expected benefit payments above. The expected subsidy reduced net periodic postretirement benefit cost by $5,168,000, as compared with the amount calculated without considering the effects of the subsidy. The Company also contributes to voluntary employee savings plans through regular monthly contributions equal to various percentages of the amounts invested by the participants. The Company’s contributions to these plans amounted to $2,796,000, $2,767,000 and $2,752,000 for the years ended August 31, 2016, 2015 and 2014, respectively.

Income Taxes

Income Taxes	12 Months Ended
	Aug. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	10. Income Taxes Income tax expense consists of: Year Ended August 31, 2016 2015 2014 (in thousands) Current: Federal $ (4,328 ) $ 25,298 $ 20,431 State 2,127 599 4,619 (2,201 ) 25,897 25,050 Deferred: Federal 43 16,671 14,453 State (1,463 ) 2,909 4,323 (1,420 ) 19,580 18,776 $ (3,621 ) $ 45,477 $ 43,826 Reconciliation of the differences between income taxes computed at the Federal statutory rate and the provision for income taxes attributable to income before income tax expense is as follows: Year Ended August 31, 2016 2015 2014 (in thousands) U. S. federal income taxes at the statutory rate $ (3,430 ) $ 44,649 $ 40,243 State income taxes, net of Federal benefit 415 2,245 5,758 Domestic production activity deduction (274 ) (1,225 ) (2,068 ) Permanent items 533 538 405 Employment credits (872 ) (703 ) (845 ) Other 7 (27 ) 333 Income tax expense $ (3,621 ) $ 45,477 $ 43,826 Deferred income tax liabilities (assets) are comprised of the following: August 31, 2016 2015 (in thousands) Accounts receivable allowance $ (305 ) $ (348 ) Inventory valuation (1,103 ) — Accrued liabilities (42,047 ) (32,052 ) State net operating loss carryforwards (11,772 ) (7,695 ) Federal tax credits and carryforwards (449 ) — Deferred income tax assets (55,676 ) (40,095 ) Inventory valuation — 6,911 Property, plant and equipment 91,804 87,765 Valuation allowance 7,353 2,577 Other 4,692 4,585 Deferred income tax liabilities 103,849 101,838 Net deferred income tax liability $ 48,173 $ 61,743 The Company’s results of operations are included in the consolidated Federal tax return of the Parent, See Note 13 to “Consolidated Financial Statements”. The Company has no Federal net operating loss carryforwards for regular tax purposes. For state purposes, two entities have Pennsylvania net operating loss carry forwards of $128,000,000 and $39,000,000, respectively, which will expire between fiscal year 2023 and 2036. Pennsylvania limits the amount of net operating loss carry forwards which can be used to offset Pennsylvania taxable income to the greater of $5,000,000 or 30% of Pennsylvania taxable income prior to the net operating loss deduction. Due to these limitations, the Company has recognized valuation allowances, net of a federal benefit, of $7,353,000 and $2,577,000 at August 31, 2016 and 2015, respectively, for Pennsylvania net operating loss carry forwards not anticipated to be realized before expiration.

Disclosures About Fair Value of

Disclosures About Fair Value of Financial Instruments	12 Months Ended
	Aug. 31, 2016
Fair Value Disclosures [Abstract]
Disclosures About Fair Value of Financial Instruments	11. Disclosures About Fair Value of Financial Instruments The following methods and assumptions were used to estimate the fair value of each class of financial instrument for which it is practicable to estimate that value. The carrying amount of cash and cash equivalents, trade accounts receivable, the revolving credit facility and current liabilities approximate fair value because of the short maturity of these instruments. Derivative financial instruments are recorded at fair value using significant other observable inputs (Level 2). The fair value of long-term debt (See Note 8 to “Consolidated Financial Statements”) was determined using the fair market value of the individual debt instruments. As of August 31, 2016, the carrying amount and estimated fair value of these debt instruments approximated $287,677,000 and $287,457,000, respectively.

Stockholder's Equity

Stockholder's Equity	12 Months Ended
	Aug. 31, 2016
Equity [Abstract]
Stockholder's Equity	12. Stockholder’s Equity On July 26, 2013, the Board of Directors of the Company and the Company’s sole stockholder, URI, approved, and the Company filed with the Secretary of State of the Commonwealth of Pennsylvania, an Amended and Restated Articles of Incorporation of the Company (the “Amendment”). Pursuant to the Amendment, the capital stock of the Company was increased from 100 to 50,100, of which 50,000 were designated as preferred stock. Out of the preferred stock, the Board of Directors created the 6% Fixed Rate Cumulative Perpetual Preferred Stock, Series A (the “Series A Preferred Stock”) and the Amendment included the designations of the rights and preferences of such series. Among other things, the Series A Preferred Stock, of which the Company is authorized to issue a maximum of 25,000, carry the following rights: • The Series A Preferred Stock rank: (i) senior to the Company’s common stock; (ii) senior to all other classes of equity securities other than preferred stock which by their terms do not rank senior to the Series A Preferred Stock; and (iii) on parity with any other series of the Company’s preferred stock that does not provide it ranks junior to the Series A Preferred Stock; • The Series A Preferred Stock shall receive dividends at a rate of 6.00% of the Stated Value (which is $10,000) per share per annum; • The Series A Preferred Stock shall have no voting rights unless otherwise required by law, except in limited circumstances relating to amendments to URC’s certificate of incorporation or amendments to the rights and preferences of the Series A Preferred Stock; • In the event dividends have not been paid in the aggregate amount payable for six or more Dividends Periods, holders of the Series A Preferred Stock shall be entitled to elect two directors to the Board of Directors, who shall remain directors until all accumulated and unpaid dividends on the Series A Preferred Stock have been paid in full or set aside for payment. Upon the payment or set aside of such dividends, the term of office of the directors appointed by the holders of the Series A Preferred Stock shall terminate and the size of the Board of Directors shall automatically decrease by two; and • The Series A Preferred Stock are perpetual and have no maturity date. However, the Company may, at its option, redeem shares of the Series A Preferred Stock, in whole or in part, on any Dividend Repayment Date on or after July 26, 2023 at a price of $10,000 per share plus accrued and unpaid dividends. On July 26, 2013, the Company issued 14,116.375 shares of Series A $1,000 par value per share to United Refining, Inc., its parent. The proceeds from the issuance in the amount of $141,163,750 were used to redeem $127,750,000 of the Company’s Senior Secured Notes due 2018, which redemption occurred on August 30, 2013. In accordance with the Indenture governing the Senior Secured Notes due 2018, the Company obtained an opinion concerning the fairness from a financial point of view of the issuance of the Series A Preferred Stock to URI.

Transactions with Affiliated Co

Transactions with Affiliated Companies	12 Months Ended
	Aug. 31, 2016
Related Party Transactions [Abstract]
Transactions with Affiliated Companies	13. Transactions with Affiliated Companies On December 21, 2001, the Company acquired the operations and working capital assets of Country Fair. The fixed assets of Country Fair were acquired by related entities controlled by John A. Catsimatidis, the indirect sole shareholder of the Company. These assets are being leased to the Company at an annual aggregate rental fee which management, based on an independent third party valuation, believes is fair, over a period ranging from 10 to 20 years. During the fiscal years ended August 31, 2016, 2015 and 2014, $5,365,000, $5,360,000 and $5,360,000 of rent payments were made to these related entities. The Company is not a guarantor on the underlying mortgages on the properties. Concurrent with the above acquisition of Country Fair, the Company entered into a management agreement with a non-subsidiary affiliate to operate and manage 10 of the retail units owned by the non-subsidiary affiliate on a turn-key basis. For the years ended August 31, 2016, 2015 and 2014, the Company billed the affiliate $1,324,000, $1,301,000 and $1,207,000 for management fees and overhead expenses incurred in the management and operation of the retail units which amount was deducted from expenses. As of August 31, 2016 and 2015, the Company had a (receivable) payable to the affiliate of $(4,000) and $296,000, respectively, under the terms of the agreement, which is included in Amounts Due To/From Affiliated Companies, Net. On September 29, 2000, the Company sold 42 retail units to an affiliate for $23,870,000. Concurrent with this asset sale, the Company terminated the leases on 8 additional retail locations which it had previously leased from a non-subsidiary affiliate. The Company has entered into a management agreement with the non-subsidiary affiliate to operate and manage the retail units owned by the non-subsidiary affiliate on a turnkey basis. For the years ended August 31, 2016, 2015 and 2014, the Company billed the affiliate $2,123,000, $2,325,000 and $2,165,000, respectively, for management fees and overhead expenses incurred in the management and operation of 51 retail units, which amount was deducted from expenses. For the fiscal years ended August 31, 2016, 2015 and 2014, net sales to the affiliate amounted to $92,892,000, $131,326,000 and $191,828,000, respectively. As of August 31, 2016 and 2015, the Company had a payable to the affiliate of $598,000 and $1,106,000, respectively, under the terms of the agreement, which is included in Amounts Due To/From Affiliated Companies, net. The Company paid a service fee relating to certain costs incurred by its Parent for the Company’s New York office. During the years ended August 31, 2016, 2015 and 2014, such fees amounted to approximately $2,400,000, $2,000,000, and $2,000,000, respectively, which is included in Selling, General and Administrative Expenses. At August 31, 2016, the Company had a payable to the Parent concerning these fees of $100,000. The Company joins with the Parent and the Parent’s other subsidiaries in filing a Federal income tax return on a consolidated basis. Income taxes are calculated on a separate return basis with consideration of the Tax Sharing Agreement between the Parent and its subsidiaries. Amounts related to the Tax Sharing Agreement for the utilization by the Company of certain tax attributes of the Parent and other subsidiaries related to the tax years ended August 31, 2016, 2015 and 2014 amounted to $470,000, $36,000 and $(3,034,000), respectively and have been recorded as a capital contribution (distribution). As of August 31, 2016 and 2015, the Company had a receivable from the Parent of $0 and $2,500,000, respectively, under the terms of the Tax Sharing Agreement. During the years ended August 31, 2016, 2015 and 2014, the Company incurred $401,000, $420,000 and $420,000, respectively, as its share of occupancy expenses for its offices in New York that it shares with affiliates of the Company. Such offices are located in a building owned by John A. Catsimatidis. On July 26, 2013, the Company issued and sold to URI, its sole stockholder and parent, 14,116.375 shares of the Series A Preferred Stock for an aggregate purchase price of $141,163,750 in accordance with the terms and provisions of a Subscription Agreement by and between the Company and URI. The Subscription Agreement contained customary representations and warranties concerning the acquisition of the Series A Preferred Stock by URI and restrictions on the transfer of the Series A Preferred Stock. See Note 12, Stockholders’ Equity, for a description of the terms of the Series A Preferred Stock. During the years ended August 31, 2016, 2015 and 2014 the Company made $1,456,000, $1,270,000 and $1,158,000, respectively, of rent payments to related entities for the lease of convenience stores and other buildings owned by affiliates. During the years ended August 31, 2016, 2015 and 2014, the Company paid $4,662,000, $4,774,000 and $4,399,000, respectively, to a related captive insurance company (“Captive”). The Captive was established in fiscal 2014 and will provide the Company with a primary layer of worker’s compensation, general liability and automobile liability insurance. The insurance is supplemented by additional excess insurance policies secured directly from third party insurers. During the years ended August 31, 2016 and 2015, the Company made payments to an insurance company for two of its affiliates totaling $254,000 and $283,000, respectively. These payments were reimbursed by the affiliate during the year ended August 31, 2016. The Company receives engineering services from a subsidiary of our Parent company to assist with the construction of its biodiesel facility in Brooklyn, New York. During the fiscal years ended August 31, 2016 and 2015 the Company paid $589,000 and $349,000 to this entity for such services. At August 31, 2016, the Company had a payable to the Parent subsidiary of $35,000.

Environmental Matters and Other

Environmental Matters and Other Contingencies	12 Months Ended
	Aug. 31, 2016
Environmental Remediation Obligations [Abstract]
Environmental Matters and Other Contingencies	14. Environmental Matters and Other Contingencies The Company is subject to federal, state and local laws and regulations relating to pollution and protection of the environment such as those governing releases of certain materials into the environment and the storage, treatment, transportation, disposal and clean-up of wastes, including, but not limited to, the Federal Clean Water Act, as amended, the Clean Air Act, as amended, the Resource Conservation and Recovery Act of 1976, as amended, the Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended, and analogous state and local laws and regulations. Due to the nature of the Company’s business, the Company is and will continue to be subject to various environmental claims, legal actions and actions by regulatory authorities. In the opinion of management, all current matters are without merit or are of such kind or involve such amounts that an unfavorable disposition would not have a material adverse effect on the consolidated financial condition or operations of the Company. The management of the Company believes that remediation and related environmental response costs incurred during the normal course of business, including contractual obligations as well as activities required under applicable law and regulation, will not have a material adverse effect on its consolidated financial condition or operations. In addition to the foregoing proceedings, the Company and its subsidiaries are parties to various legal proceedings that arise in the ordinary course of their respective business operations. In the opinion of management, all such matters are adequately covered by insurance, or if not so covered, are without merit or are of such kind, or involve such amounts that unfavorable dispositions would not have a material adverse effect on the consolidated financial position or results of operations of the Company. The Company also closely monitors all climate change and Greenhouse Gas (“GHG”) legislation, better known as Cap and Trade as well as fuels mandates requiring the increased use of renewable resources in motor fuel. The Company believes, however, that implementation of reasonable, incremental changes over time will not have a material adverse effect on the Company’s consolidated financial position or operations. The ultimate cost of GHG reduction mandates and their effect on our business are, however, unknown until implementing regulations are available. Similarly, the costs of compliance with renewable fuels mandates in the future remains unknown until a final regulatory structure has been adopted.

Segments of Business

Segments of Business	12 Months Ended
	Aug. 31, 2016
Segment Reporting [Abstract]
Segments of Business	15. Segments of Business The Company is a petroleum refiner and marketer in its primary market area of Western New York and Northwestern Pennsylvania. Operations are organized into two business segments: wholesale and retail. The wholesale segment is responsible for the acquisition of crude oil, petroleum refining, supplying petroleum products to the retail segment and the marketing of petroleum products to wholesale and industrial customers. The retail segment operates a network of Company operated retail units under the Red Apple Food Mart ® ® ® ® ® The accounting policies of the reportable segments are the same as those described in Footnote 1 to Consolidated Financial Statements. Intersegment revenues are calculated using market prices and are eliminated upon consolidation. Summarized financial information regarding the Company’s reportable segments is presented in the following table. Year Ended August 31, 2016 2015 2014 (in thousands) Net Sales Retail $ 1,119,584 $ 1,347,291 $ 1,688,467 Wholesale 967,041 1,369,428 1,750,751 $ 2,086,625 $ 2,716,719 $ 3,439,218 Intersegment Sales Wholesale $ 388,860 $ 566,853 $ 875,264 Operating Income Retail $ 4,287 $ 32,362 $ 14,502 Wholesale 21,296 125,683 129,675 $ 25,583 $ 158,045 $ 144,177 Depreciation and Amortization Retail $ 8,228 $ 7,288 $ 6,566 Wholesale 39,547 34,266 25,238 $ 47,775 $ 41,554 $ 31,804 Capital Expenditures (including non-cash portion) Retail $ 22,759 $ 13,635 $ 11,271 Wholesale 59,097 38,219 38,234 $ 81,856 $ 51,854 $ 49,505 August 31, 2016 2015 Total Assets Retail $ 191,063 $ 178,200 Wholesale 688,654 707,266 $ 879,717 $ 885,466

Quarterly Financial Data (unaud

Quarterly Financial Data (unaudited)	12 Months Ended
	Aug. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Data (unaudited)	16. Quarterly Financial Data (unaudited) Net Sales Operating Net Income (in thousands) 2016 First Quarter $ 574,941 $ 15,878 $ (5,612 ) Second Quarter 438,374 (35,769 ) (25,596 ) Third Quarter 497,982 46,685 27,741 Fourth Quarter 575,328 (1,211 ) (2,895 ) 2015 First Quarter $ 824,697 $ 36,139 $ 17,614 Second Quarter 580,904 10,792 1,603 Third Quarter 602,877 64,454 34,707 Fourth Quarter 708,241 46,660 28,127 During the first quarter fiscal 2016, the Company refinanced its debt and incurred a loss on extinguishment of debt in the amount of $19,316.

Put and Call Option Agreement

Put and Call Option Agreement	12 Months Ended
	Aug. 31, 2016
Text Block [Abstract]
Put and Call Option Agreement	17. Put and Call Option Agreement On April 8, 2015 (the “Execution Date”), the Company entered into a Put and Call Option Agreement with each of Enbridge Energy Limited Partnership (“Enbridge LP”) and Enbridge Pipelines Inc. (“Enbridge Inc.” and, together with Enbridge LP, the “Carriers”). The Put and Call Option Agreement entered into with Enbridge LP (the “U.S. Agreement”) is substantially similar to the Put and Call Option Agreement entered into with Enbridge Inc. (the “Canadian Agreement” and, together with the U.S. Agreement, the “Put and Call Agreement”). The Put and Call Agreement was contemplated in that certain Letter Agreement, originally executed on July 31, 2014 and last amended on April 8, 2015 (the “Letter Agreement”), between the Company and the Carriers relating to approximately 88.85 miles of pipeline owned by the Carriers, which transports crude oil from Canada to the Company’s Kiantone Pipeline in West Seneca, New York, and serves the Company’s refinery in Warren, Pennsylvania (“Line 10”). The Letter Agreement related to the parties’ agreement concerning funding certain integrity and replacement costs for Line 10. The Carriers own the pipeline facilities generally identified as Line 10, including real property interests through and under which Line 10 passes, the Carriers’ assignable permits related to the ownership and operation of Line 10, as well as personal property, contract rights, records and incidental rights held solely in connection with Line 10 (collectively, the “Assets”). Pursuant to the Letter Agreement, the Company agreed to fund certain integrity costs necessary to maintain Line 10 (the “Integrity Costs”). Pursuant to the Letter Agreement, the Carriers agreed to reconcile their actual expenses for the integrity maintenance and refund any excess payments made by the Company. The parties agreed to apply any credit to the Company as a result of such reconciliation to amounts owed by the Company for Subsequent Year Pipe Replacement Costs (as defined below). For each subsequent calendar year through the earlier of the expiration or closing of the purchase rights granted to the Company pursuant to the Put and Call Agreement, the Carriers will provide the Company with an invoice for the Integrity Costs for such calendar year (“Subsequent Year Integrity Costs”). The Carriers’ actual expenses with respect to the integrity maintenance and pipe replacement will be reconciled against the Subsequent Year Integrity and Pipe Replacement Costs. In addition, the Company agreed to pay for half the cost of replacing certain portions of Line 10 in accordance with a plan agreed to between the Company Parties and the Carriers. The Company will pay 50% of the estimated expenses of the replacement project for each segment of Line 10 to be replaced (the “Replacement Costs”) within 30 days of its receipt of an invoice for the same, along with a project management fee of 2 1 / 4 %. Each Carrier will initially fund the remaining 50% of the Replacement Costs during construction, provided that the Company will reimburse the Carriers for their actual cost of funds during the construction process. Once construction is complete and each replaced segment of Line 10 is put into service, and assuming the Company has not exercised its rights to purchase Line 10 pursuant to the Put and Call Agreement, the Company will repay the Carriers the 50% of the Replacement Costs they funded over a 10-year period. Pursuant to the Put and Call Agreement, the Carriers granted the Company a right (the “Call Option”) to purchase all of the Assets and the Company granted the Carriers the right to put all the Assets to the Company (the “Put Option” and, together with the Call Option, the “Purchase Options”) subject to the terms and conditions of the Put and Call Agreement. The Carrier’s Put Option is exercisable beginning on the date that is the earlier of (a) January 1, 2026 and (b) the date that is 30 days after the latest of (i) the date on which the Carriers give notice that the Line 10 replacement work performed pursuant to the Letter Agreement is sufficiently completed (as contemplated in the Call and Put Agreement) and (ii) the ninth (9 th ) anniversary of the Execution Date (the “Put Option Commencement Date”). The Put Option terminates on the date that is 24 months after either (a) the Put Option Commencement Date if such date is the first of a month or (b) the first day of the calendar month immediately following the Put Option Commencement Date if it is not the first day of the month (the “Put/Call Option Expiry Date”). The Company’s Call Option is exercisable at any time beginning on the Execution Date and ending on the Put/Call Option Expiry Date. The purchase price of the Assets (the “Purchase Price”) shall be calculated as follows: the sum of (a) 70% of the book value of the Assets as of July 31, 2014 minus annual depreciation, (b) 100% of total replacement costs for any segment replacements on the Pipeline commenced by the Carrier, whether completed or ongoing on the date of Asset sale is consummated (the “Closing Date”), minus any of such expenses paid by the Company and (c) 100% of the total regulatory requirements costs for any regulatory work commenced by the Carrier, whether completed or ongoing at the Closing Date, minus any of such expenses paid by the Company. The Purchase Price shall be subject to adjustment pursuant to the Put and Call Agreement with respect to certain work ongoing at the Closing Date. Among other customary conditions to closing, Carrier’s obligation to close the sale of the Assets is conditioned on the Company’s payment of all obligations outstanding pursuant to the Put and Call Agreement and the Letter Agreement. In addition, the sale of Assets pursuant to the U.S. Agreement shall close concurrently with the sale of the Assets pursuant to the Canadian Agreement. The Company and the Carrier agreed that certain work must be undertaken in order to carve out portions of Line 10 in Canada from the Enbridge mainline system and allow it to operate independently. In the event any work is required to similarly separate the U.S. portion of Line 10 from the Enbridge mainline system (the “Carve-Out Work”), a plan to perform such Carve-Out Work that would result in expenses greater than $38.5 million will require the approval of the Company. In the event any of the maintenance, regulatory requirement, or replacement work contemplated in the Letter Agreement or the Put and Call Agreement (collectively, the “Work”) is outstanding at the Closing Date, concurrently with the closing of the Asset sale, the Company and the Carriers will enter into an operating agreement (the “Operating Agreement”) pursuant to which the Carriers will provide certain operational and administrative services (the “Services”) while the Work is ongoing and complete such Work. As payment for the Services and completion of the Work, the Carriers shall be: (i) reimbursed for all expenses of providing the Services, (ii) paid a fixed fee on an annual basis, which shall be subject to a 2% increase for each successive year following the first year of the Operating Agreement, and (iii) paid for all expenses of the Work not previously paid, as well as a 2.25% construction management fee. The Put and Call Agreement may be terminated by the mutual consent of the Company and the Carriers and shall automatically terminate if neither Purchase Option is exercised prior to the Put/Call Option Expiry Date. Moreover, either the Company or a Carrier may terminate the Put and Call Agreement if a closing of the Asset sale shall not have occurred on or before December 31, 2028 assuming the terminating party is not then in breach of the Put and Call Agreement and if a party has breached a representation, such breach has not been cured within the time periods allotted by the Put and Call Agreement. Finally, the Company may terminate the Put and Call Agreement by notifying the Carriers to cease the replacement work contemplated in the Letter Agreement. The Company considered whether the Put and Call Agreement should be separated from the host contract in accordance with ASC 815 embedded derivative guidance and concluded that it doesn’t meet the criteria for separation. The Company determined that the Put and Call Agreement is interdependent with the Line l0 Agreement, and therefore is not freestanding and is accounted for as part of the Line 10 Agreement. As such we concluded that there is no separate accounting impact of the Put and Call Agreement until it becomes probable that it will be exercised. As of August 31, 2016 the Company or the Carrier have not exercised their rights under the Put and Call Agreement.

Legal Proceedings

Legal Proceedings	12 Months Ended
	Aug. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Legal Proceedings	18. Legal Proceedings The Company and its subsidiaries are from time to time parties to various legal proceedings that arise in the ordinary course of their respective business operations. These proceedings include various administrative actions relating to federal, state and local environmental laws and regulations as well as civil matters before various courts seeking money damages. The Company believes that if the legal proceedings in which it is currently involved were determined against the Company, there would be no material adverse effect on the Company’s operations or its consolidated financial condition. In the opinion of management, all such matters are adequately covered by insurance, or if not so covered, are without merit or are of such kind, or involve such amounts that an unfavorable disposition would not have a material adverse effect on the consolidated operations or financial position of the Company.

Subsequent Events

Subsequent Events	12 Months Ended
	Aug. 31, 2016
Subsequent Events [Abstract]
Subsequent Events	19. Subsequent Events On October 20, 2016, Kwik-Fil, Inc. (as Borrower) and United Refining Company of Pennsylvania (as Fee Owner), entered into a loan agreement with a bank in the amount of $25,000,000 which matures on October 20, 2023. Pursuant to the loan agreement, interest is calculated as follows: (a) for LIBOR Loans, at either the LIBOR plus 2.50% or the Prime Rate, (b) for Reference Rate Loans, the Prime Rate and (c) for Fixed Rate Loans, at the greater of the Fixed Rate or 4.25% per annum. Under the terms of the agreement, the Company will make 83 monthly principal installments of approximately $83,000 with the remaining principal balance due on October 20, 2023. The loan is secured by a first lien mortgage on certain convenience store units owned by United Refining Company of Pennsylvania, and contains various covenants applicable to the Borrower, which include, among others, maintaining a debt service coverage ratio. Payments due under a master lease between URC and the Borrower are guaranteed by the Company. Proceeds of the loan are to be used for general corporate purposes of the Company. The Company has reached an early settlement agreement with its refinery employees represented by the International Union of Operating Engineers, Local 95. The contract is effective February 1, 2017 and expires February 1, 2022.

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Aug. 31, 2016
Valuation and Qualifying Accounts [Abstract]
Schedule II - Valuation and Qualifying Accounts	UNITED REFINING COMPANY AND SUBSIDIARIES SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS (in thousands) Description Balance at Beginning of Period Charged to Costs and Expenses Deductions Balance at End Of Period Year ended August 31, 2014: Reserves and allowances deducted from asset accounts: Allowance for uncollectible Accounts $ 1,800 $ 1,050 $ (1,780 ) $ 1,070 Year ended August 31, 2015: Reserves and allowances deducted from asset accounts: Allowance for uncollectible Accounts $ 1,070 $ 750 $ (970 ) $ 850 Year ended August 31, 2016: Reserves and allowances deducted from asset accounts: Allowance for uncollectible Accounts $ 850 $ 390 $ (490 ) $ 750

Description of Business and S29

Description of Business and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Aug. 31, 2016
Accounting Policies [Abstract]
Description of Business and Basis of Presentation	Description of Business and Basis of Presentation The consolidated financial statements include the accounts of United Refining Company and its subsidiaries, United Refining Company of Pennsylvania and its subsidiaries and Kiantone Pipeline Corporation and its subsidiaries (collectively, the “Company”). All significant intercompany balances and transactions have been eliminated in consolidation. The Company is a petroleum refiner and marketer in its primary market area of Western New York and Northwestern Pennsylvania. Operations are organized into two business segments: wholesale and retail. The wholesale segment is responsible for the acquisition of crude oil, petroleum refining, supplying petroleum products to the retail segment and the marketing of petroleum products to wholesale and industrial customers. The retail segment operates a network of Company operated retail units under the Red Apple Food Mart ® ® ® ® ® The Company is a wholly-owned subsidiary of United Refining, Inc. (“URI”), a wholly-owned subsidiary of United Acquisition Corp., which in turn is a wholly-owned subsidiary of Red Apple Group, Inc. (the “Parent”).
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of the consolidated statements of cash flows, the Company considers all highly liquid investment securities with maturities of three months or less at date of acquisition to be cash equivalents.
Short-Term Investments	Short-Term Investments The Company holds a certificate of deposit at a bank with a maturity date of six months.
Derivative Instruments	Derivative Instruments From time to time the Company uses derivatives to reduce its exposure to fluctuations in crude oil purchase costs and refining margins. Derivative products, historically crude oil option contracts (puts) and crackspread option contracts have been used to hedge the volatility of these items. The Company does not enter such contracts for speculative purposes. The Company accounts for changes in the fair value of its contracts by marking them to market and recognizing any resulting gains or losses in its Statement of Operations. The Company includes the carrying amounts of the contracts in derivative liability in its Consolidated Balance Sheet. At August 31, 2016, the Company had no derivative instruments outstanding as part of its risk management strategy. For the fiscal years ended August 31, 2016, 2015 and 2014 the Company recognized $0 of losses in costs and expenses in its Consolidated Statements of Operations.
Inventories and Exchanges	Inventories and Exchanges Inventories are stated at the lower of cost or market (LCM), with cost being determined under the Last-in, First-out (LIFO) method for crude oil and petroleum product inventories and the First-in, First-out (FIFO) method for merchandise. Supply inventories are stated at either the LCM or replacement cost and include various parts for the refinery operations. If the cost of inventories exceeds their market value, provisions are made currently for the difference between the cost and the market value.
Property, Plant and Equipment	Property, Plant and Equipment Property, plant and equipment is stated at cost and depreciated by the straight-line method over the respective estimated useful lives. Routine current maintenance, repairs and replacement costs are charged against income. Expenditures which materially increase values, expand capacities or extend useful lives are capitalized. A summary of the principal useful lives used in computing depreciation expense is as follows: Estimated Useful Refining 20-30 Retail Marketing 15-30 Pipeline Transportation 20-30
Leases	Leases The Company leases land, buildings, and equipment under long-term operating and capital leases and accounts for the leases in accordance with ASC 360-10-30-8. Lease expense for operating leases is recognized on a straight-line basis over the expected lease term. The lease term begins on the date the Company has the right to control the use of the leased property pursuant to the terms of the lease.
Deferred Integrity and Replacement Costs	Deferred Integrity and Replacement Costs The Company and Kiantone Pipeline Corporation, a subsidiary of the Company, and Enbridge Energy Limited Partnership (“EELP”) and Enbridge Pipelines, Inc. (“EPI” and, together with EELP, the “Carriers”), entered into a letter agreement dated July 31, 2014, as amended, (the “Letter Agreement”) with respect to a pipeline (“Line 10”) owned by the Carriers, which transports crude oil from Canada to the Company’s Kiantone Pipeline. Pursuant to the Letter Agreement, the Company agreed to fund certain integrity costs necessary to maintain Line 10, and agreed to pay for half the cost of replacing certain portions of Line 10. The integrity and replacement costs, are deferred when incurred and amortized on a straight-line basis over the period of benefit, which is approximately 11 years. As of August 31, 2016 and 2015, net deferred integrity and replacement costs amounted to $112,892,000 and $58,634,000, respectively. Amortization expense of $12,286,000, $6,282,000 and $524,000 is included in depreciation and amortization for the fiscal years ended August 31, 2016, 2015 and 2014, respectively.
Deferred Maintenance Turnarounds	Deferred Maintenance Turnarounds The cost of maintenance turnarounds, which consist of complete shutdown and inspection of significant units of the refinery at intervals of three or more years for necessary repairs and replacements, are deferred when incurred and amortized on a straight-line basis over the period of benefit, which ranges from 3 to 10 years. As of August 31, 2016 and 2015, deferred turnaround costs included in Deferred Turnaround Costs and Other Assets, amounted to $17,280,000 and $28,489,000, which are net of accumulated amortization of $32,981,000 and $20,888,000, respectively. Amortization expense included in depreciation and amortization for the fiscal years ended August 31, 2016, 2015 and 2014 amounted to $12,724,000, $14,479,000 and $11,319,000, respectively.
Amortizable Intangible Assets	Amortizable Intangible Assets The Company amortizes identifiable intangible assets such as brand names, non-compete agreements, leasehold covenants and deed restrictions on a straight-line basis over their estimated useful lives which range from 5 to 25 years.
Revenue Recognition	Revenue Recognition Revenues for products sold by the wholesale segment are recorded upon delivery of the products to our customers, at which time title to those products is transferred and when payment has either been received or collection is reasonably assured. At no point do we recognize revenue from the sale of products prior to the transfer of its title. Title to product is transferred to the customer at the shipping point, under pre-determined contracts for sale at agreed upon or posted prices to customers of which collectability is reasonably assured. Revenues for products sold by the retail segment are recognized immediately upon sale to the customer. Included in Net Sales and Costs of Goods Sold are consumer excise taxes of $245,843,000, $246,636,000 and $238,332,000 for the years ended August 31, 2016, 2015 and 2014, respectively.
Cost Classifications	Cost Classifications Our Costs of Goods Sold (which excludes depreciation and amortization) include Refining Cost of Products Sold and related Refining Operating expenses. Refining Cost of Products Sold includes cost of crude oil, other feedstocks, blendstocks, the cost of purchased finished products, transportation costs and distribution costs. Retail Cost of Products Sold include cost for motor fuels and for merchandise. Motor fuel cost of products sold represents net cost for purchased fuel. Merchandise cost of products sold includes merchandise purchases, net of merchandise rebates and inventory shrinkage. Wholesale cost of products sold includes the cost of fuel and lubricants, transportation and distribution costs and labor.
Income Taxes	Income Taxes The Company accounts for income taxes using the asset and liability method. Under the asset and liability method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. The Company’s results of operations are included in the consolidated Federal income tax return of the Parent and separately in various state jurisdictions. Income taxes are calculated on a separate return basis with consideration of the Tax Sharing Agreement between the Parent and its subsidiaries. With few exceptions, the Company is no longer subject to income tax examinations by U.S. federal, state or local tax authorities for years before fiscal 2012. The Company’s policy is to recognize interest and penalties accrued on any unrecognized tax positions as a component of interest expense, net and other, net, respectively. No amounts of such expenses are currently accrued.
Post-Retirement Healthcare and Pension Benefits	Post-Retirement Healthcare and Pension Benefits The Company provides post-retirement healthcare benefits to salaried and certain hourly employees that retired prior to September 1, 2010. The benefits provided are hospitalization and medical coverage for the employee and spouse until age 65. Benefits continue until the death of the retiree, which results in the termination of benefits for all dependent coverage. If an employee leaves the Company as a terminated vested member of a pension plan prior to normal retirement age, the person is not entitled to any post-retirement healthcare benefits. Benefits payable under this program are secondary to any benefits provided by Medicare or any other governmental programs. In June 2010, the Company announced changes to the healthcare and pension plans provided to salaried employees. Effective September 1, 2010, postretirement medical benefits for new hires and active salaried employees retiring after September 1, 2010 were eliminated. Additionally, effective January 1, 2011, deductibles and co-payments were added to the medical benefits plan for all active and retired employees. For salaried employees meeting certain age and service requirements, the Company contributes a defined dollar amount towards the cost of retiree healthcare based upon the employee’s length of service. Similarly, effective August 31, 2010, benefits under the Company’s defined benefit pension plan were frozen for all salaried employees, including the Company’s Chief Executive Officer and Chief Financial Officer. The Company will provide an enhanced contribution under its defined contribution 401(k) plan as well as a transition contribution for older employees. The changes made for the salary group described above were also incorporated into the collective bargaining agreement reached with the International Union of Operating Engineers, Local No.95 effective February 1, 2012. The Company accrues post-retirement benefits other than pensions, during the years that the employee renders the necessary service, of the expected cost of providing those benefits to an employee and the employee’s beneficiaries and covered dependents.
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Allowance for Doubtful Accounts	Allowance for Doubtful Accounts The Company records an allowance for doubtful accounts based on specifically identified amounts that we believe to be uncollectible. The Company also recorded additional allowances based on historical collection experience and its assessment of the general financial conditions affecting the customer base. Senior management reviews accounts receivable on a weekly basis to determine if any receivables will potentially be uncollectible. After all attempts to collect a receivable have failed, the receivable is written off against the allowance.
Concentration Risks	Concentration Risks Financial instruments which potentially subject the Company to concentrations of credit risk consist principally of temporary cash investments. The Company places its temporary cash investments with quality financial institutions. At times, such investments were in excess of FDIC insurance limits. The Company has not experienced any losses in such accounts. The Company purchased approximately 15% of its cost of goods sold from one vendor during each of the fiscal years ended August 31, 2016 and 2015, respectively. The Company is not obligated to purchase from this vendor, and, if necessary, there are other vendors from which the Company can purchase crude oil and other petroleum based products. The Company had $0 in accounts payable for each of the years ended August 31, 2016 and 2015 to this vendor.
Environmental Matters	Environmental Matters The Company expenses environmental expenditures related to existing conditions resulting from past or current operations and from which no current or future benefit is discernible. Expenditures, which extend the life of the related property or mitigate or prevent future environmental contamination are capitalized. The Company determines its liability on a site by site basis and records a liability at the time when it is probable and can be reasonably estimated. The Company’s estimated liability is reduced to reflect the anticipated participation of other potentially responsible parties in those instances where it is probable that such parties are legally responsible and financially capable of paying their respective shares of the relevant costs. The estimated liability of the Company is not reduced for possible recoveries from insurance carriers and is recorded in accrued liabilities.
Goodwill and Other Non-Amortizable Assets	Goodwill and Other Non-Amortizable Assets In accordance with ASC 350, goodwill and intangible assets deemed to have indefinite lives are no longer amortized but are subject to annual impairment tests in accordance with ASC 350. Other definite lived intangible assets continue to be amortized over their estimated useful lives. The Company performed separate impairment tests for its goodwill and tradename using the discounted cash flow method. The fair value of the Company’s reporting units exceeded their carrying values. The fair value of the tradename exceeded its carrying value. The Company has noted no subsequent indication that would require testing its goodwill and tradename for impairment.
Long-Lived Assets	Long-Lived Assets Whenever events or changes in circumstances indicate that the carrying value of any of these assets (other than goodwill and tradename) may not be recoverable, the Company will assess the recoverability of such assets based upon estimated undiscounted cash flow forecasts. When any such impairment exists, the related assets will be written down to fair value.
Other Comprehensive (Loss) Income	Other Comprehensive (Loss) Income The Company reports comprehensive (loss) income in accordance with ASC 220-10. ASC 220-10 establishes guidelines for the reporting and display of comprehensive (loss) income and its components in financial statements. Comprehensive (loss) income includes charges and credits to equity that is not the result of transactions with the shareholder. Included in other comprehensive loss for the Company is a charge for unrecognized post-retirement costs, which is net of taxes in accordance with ASC 715. The accumulated other comprehensive loss balance is made up entirely of unrecognized post-retirement costs.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May, 2014, the FASB issued ASU No. 2014-09 “Revenue from Contracts with Customers,” which provides guidance for revenue recognition. The standard’s core principle is that a company should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In August 2015, the FASB issued ASU No. 2015-14 which deferred the effective date of ASU 2014-09. This guidance will now be effective for our financial statements in the annual period beginning after December 15, 2017. We are currently evaluating the effect of adopting this new accounting guidance and do not expect adoption will have a material impact on our financial statements. In April 2015, the FASB issued ASU 2015-03, “Simplifying the Presentation of Debt Issuance Costs,” which requires debt issuance costs related directly to notes payable be deducted from the face amount of that note and the amortization of such costs be classified as interest expense. This guidance is effective for fiscal years and interim periods beginning after December 15, 2015, with early adoption permitted. Upon adoption, an entity must retrospectively apply the guidance. We are currently evaluating the effect of adopting this new accounting guidance and do not expect adoption will have a material impact on our financial statements. In November 2015, the FASB issued ASU 2015-17 “Balance Sheet Classification of Deferred Taxes,” which requires deferred income tax balances to be presented as noncurrent. This guidance is effective for fiscal years and interim periods beginning after December 15, 2016, with early adoption permitted. Effective August 31, 2016, the Company adopted the accounting and reporting requirements included in ASU 2015-17 for balance sheet classification of deferred taxes requiring deferred tax assets and liabilities to be classified as noncurrent. The Company has applied these requirements retrospectively. Accordingly, the Company has included $5,822,000 of previously reported current deferred income tax liabilities in the $61,743,000 noncurrent deferred income tax liabilities in its August 31, 2015 consolidated balance sheet. The adoption of these accounting and reporting requirements had no impact on the Company’s results of operations or cash flows. In January 2016, the FASB issued ASU No. 2016-01, “Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities” (ASU 2016-01”). The standard addresses certain aspects of recognition, measurements, presentation and disclosure of financial instruments. ASU 2016-01 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2017 and early adoption is not permitted. The Company is currently assessing the impact that adoption of this guidance will have on its financial statements and footnote disclosures. In February 2016, the FASB issued ASU-2016-02 “Leases,” which replaces the existing guidance in Accounting Standards Codification (“ASC”) 840. This new guidance is effective for fiscal years, and interim periods within those years, beginning after December 15, 2018 with early adoption permitted. The guidance requires a dual approach for lessee accounting under which a lessee would account for leases as finance leases or operating leases. Both finance leases and operating leases will result in the lessee recognizing a right-of-use (ROU) asset and a corresponding lease liability. For finance leases the lessee would recognize interest expense and amortization of the ROU asset and for operating leases the lessee would recognize a straight-line total lease expense. The Company is currently assessing the impact that adoption of this guidance will have on its financial statements and footnote disclosures. In August 2016, the FASB issued ASU 2016-15 which includes guidance to clarify how companies present and classify certain cash receipts and cash payments in the statement of cash flows, including contingent consideration payments made after a business acquisition and debt extinguishment costs. Specifically, cash payments to settle a contingent consideration liability which are not made soon after the acquisition date should be classified as cash used in financing activities up to the initial amount of contingent consideration recognized with the remaining amount classified as cash flows from operating activities. The guidance is effective for fiscal years and interim periods beginning after December 15, 2017, with early adoption permitted. The Company expects to adopt this guidance when effective and adoption is not expected to have a material effect on the financial statements.
Reclassification	Reclassification Certain amounts in the prior year’s consolidated financial statements have been reclassified to conform with the presentation in the current year.

Description of Business and S30

Description of Business and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Aug. 31, 2016
Accounting Policies [Abstract]
Summary of Principal Useful Lives Used in Computing Depreciation Expense	A summary of the principal useful lives used in computing depreciation expense is as follows: Estimated Useful Refining 20-30 Retail Marketing 15-30 Pipeline Transportation 20-30

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Aug. 31, 2016
Inventory Disclosure [Abstract]
Schedule of Inventories	Inventories consist of the following: August 31, 2016 2015 (in thousands) Crude Oil $ 44,536 $ 60,209 Petroleum Products 65,414 92,452 Total Lower of LIFO Cost or Market 109,950 152,661 Merchandise 26,293 24,277 Supplies 30,819 29,128 Total FIFO 57,112 53,405 Total Inventory $ 167,062 $ 206,066

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
	Aug. 31, 2016
Property, Plant and Equipment [Abstract]
Summary of Property, Plant and Equipment	Property, plant and equipment is summarized as follows: August 31, 2016 2015 (in thousands) Refinery equipment $ 431,744 $ 378,877 Marketing (i.e. retail outlets) 153,654 141,726 Transportation 14,628 12,951 Construction-in-progress 74,286 65,970 674,312 599,524 Less: Accumulated depreciation 270,681 251,767 $ 403,631 $ 347,757

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Aug. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets and Goodwill	As of August 31, 2016 and 2015, the Company’s trade name, goodwill and amortizable intangible assets, included in the Company’s retail segment, were as follows: Weighted Average August 31, 2016 August 31, 2015 Gross Accumulated Gross Accumulated (in thousands) Amortizable intangible assets: Deed restrictions 10 yrs. $ 800 $ 469 $ 800 $ 437 Leasehold covenants 6 yrs. 1,650 1,174 1,590 1,084 $ 2,450 $ 1,643 $ 2,390 $ 1,521 Non-amortizable assets: Tradename $ 10,500 $ — $ 10,500 $ — Goodwill $ 1,349 $ — $ 1,349 $ —

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	12 Months Ended
	Aug. 31, 2016
Payables and Accruals [Abstract]
Schedule of Accrued Liabilities	Accrued liabilities include the following: August 31, 2016 2015 (in thousands) Interest $ 832 $ 119 Payrolls and benefits 17,392 15,974 Other 3,083 1,818 $ 21,307 $ 17,911

Leases (Tables)

Leases (Tables)	12 Months Ended
	Aug. 31, 2016
Leases [Abstract]
Future Minimum Lease Payments	Future minimum lease payments as of August 31, 2016 are summarized as follows: Year ended August 31, Capital Operating (in thousands) 2017 $ 713 $ 12,623 2018 713 10,682 2019 677 9,433 2020 641 6,870 2021 622 5,951 Thereafter 7,045 6,975 Total minimum lease payments 10,411 52,534 Less: Minimum sublease rents — — Net minimum lease payments 10,411 $ 52,534 Less: Amount representing interest 6,324 Present value of net minimum lease payments $ 4,087

Long-Term Debt (Tables)

Long-Term Debt (Tables)	12 Months Ended
	Aug. 31, 2016
Debt Disclosure [Abstract]
Summary of Long-Term Debt	A summary of long-term debt is as follows: August 31, 2016 2015 (in thousands) Long-term debt: 10.50% Senior Secured Notes due February 28, 2018, net of unamortized discount of $0 and $3,791, respectively $ — $ 233,459 PNC term loan, LIBOR rate of 3.25% 231,250 — Signature Bank term loan, LIBOR rate of 3.00% 49,100 — Other long-term debt 7,327 7,208 287,677 240,667 Less: Current installments of long-term debt 28,029 1,556 Total long-term debt, less current installments $ 259,648 $ 239,111
Principal Amount of Long-Term Debt Maturity	The principal amount of long-term debt matures as follows: Year ended August 31, (in thousands) 2017 $ 28,029 2018 27,446 2019 27,391 2020 27,102 2021 132,954 Thereafter 44,755 Total $ 287,677
Schedule of Deferred Financing Costs Amortized to Expense	The following financing costs have been deferred and are being amortized to expense over the term of the related debt: August 31, 2016 2015 (in thousands) Beginning balance $ 9,201 $ 8,881 Current year additions 5,893 320 Total financing costs 15,094 9,201 Less: Deferred financing costs associated with debt retirement 2,171 — Accumulated amortization 7,773 6,534 $ 5,150 $ 2,667

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	12 Months Ended
	Aug. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Components of Net Periodic Pension Cost and Post-Retirement Healthcare Benefit Cost (Income)	Net periodic pension and other post-retirement healthcare benefit cost (income) consist of the following components for the years ended August 31, 2016, 2015 and 2014: Pension Benefits Other Post-Retirement Benefits 2016 2015 2014 2016 2015 2014 (in thousands) Service cost $ 674 $ 626 $ 597 $ 435 $ 608 $ 774 Interest cost on benefit obligation 5,424 4,850 5,204 1,554 1,656 2,072 Expected return on plan assets (6,034 ) (6,351 ) (5,569 ) — — — Amortization and deferrals 1,270 724 697 (4,562 ) (3,152 ) (1,860 ) Net periodic benefit cost (income) $ 1,334 $ (151 ) $ 929 $ (2,573 ) $ (888 ) $ 986
Other Changes in Plan Assets and Benefit Obligation Recognized in Other Comprehensive Loss	Changes in plan assets and benefit obligation recognized in Other Comprehensive Loss consist of the following for the fiscal years ended August 31, 2016 and 2015 (in thousands): Pension Benefits Other Post-Retirement 2016 2015 2016 2015 Current year actuarial loss/(gain) $ 19,411 $ 15,160 $ 11,403 $ (5,313 ) Amortization of actuarial (loss)/gain (1,270 ) (724 ) (2,789 ) (4,199 ) Current year prior service (credit) / cost (2,277 ) — — — Amortization of prior service credit / (cost) — — 7,351 7,351 Total recognized in other comprehensive loss $ 15,864 $ 14,436 $ 15,965 $ (2,161 ) Total recognized in net periodic benefit cost and other comprehensive loss $ 17,198 $ 14,285 $ 13,392 $ (3,049 )
Summary of Change in Benefit Obligations and Fair Values of Plan Assets	The following table summarizes the change in benefit obligations and fair values of plan assets for the years ended August 31, 2016 and 2015: Pension Benefits Other Post-Retirement 2016 2015 2016 2015 (in thousands) Change in benefit obligation: Benefit obligation beginning of year $ 124,490 $ 119,209 $ 38,213 $ 43,713 Service cost 674 626 435 608 Interest cost 5,424 4,850 1,554 1,656 Plan amendments (2,277 ) — — — Curtailment — — — — Medicare part D subsidy on benefits paid — — 351 148 Actuarial losses/(gains) 17,799 5,299 11,402 (5,313 ) Benefits paid (5,245 ) (5,494 ) (2,891 ) (2,599 ) Projected benefit obligation end of year 140,865 124,490 49,064 38,213 Change in plan assets: Fair values of plan assets beginning of year 88,614 93,245 — — Actual return on plan assets 4,421 (3,509 ) — — Company contributions 4,756 4,372 2,891 2,599 Benefits paid (5,245 ) (5,494 ) (2,891 ) (2,599 ) Fair values of plan assets end of year 92,546 88,614 — — Unfunded status $ 48,319 $ 35,876 $ 49,064 $ 38,213 Amounts recognized in the balance sheet consist of: Current liability $ — $ — $ 2,849 $ 2,520 Noncurrent liability 48,319 35,876 46,215 35,693 Net amount recognized $ 48,319 $ 35,876 $ 49,064 $ 38,213
Amounts Recognized in Accumulated Other Comprehensive Loss	Amounts recognized in Accumulated Other Comprehensive Loss: Pension Benefits Other Post-Retirement 2016 2015 2016 2015 (in thousands) Accumulated net actuarial loss $ (61,989 ) $ (43,848 ) $ (28,567 ) $ (19,953 ) Accumulated prior service credit 2,277 — 28,020 35,371 Net amount recognized, before tax effect $ (59,712 ) $ (43,848 ) $ (547 ) $ 15,418
Weighted Average Assumptions Used to Determine Year End Benefit Obligations	Weighted average assumptions used to determine year end benefit obligations: Pension Benefits Other Post-Retirement 2016 2015 2016 2015 Discount rate 3.36% - 3.52% 4.40% - 4.50% 3.22% 4.15% Rate of compensation increase N/A N/A N/A N/A Health care cost trend Initial trend N/A N/A 9.50% 7.00% Ultimate trend N/A N/A 5.00% 5.00% Year ultimate reached N/A N/A 2025 2025
Weighted Average Assumptions Used to Determine Net Periodic Costs	Weighted average assumptions used to determine net periodic costs: Pension Benefits Other Post-Retirement 2016 2015 2016 2015 Discount rate 4.00% - 4.50% 4.00% - 4.20% 4.15% 3.85% Expected return on plan assets 5.00% - 7.00% 5.00% - 7.00% N/A N/A Rate of compensation increase N/A N/A N/A N/A Health care cost trend Initial trend N/A N/A 7.00% 7.00% Ultimate trend N/A N/A 5.00% 5.00% Year ultimate reached N/A N/A 2025 2025
One Percentage Point Changes in Assumed Healthcare Cost Trend Rate	The healthcare cost trend rate assumption has a significant effect on the amounts reported. To illustrate, a 1 percentage point change in the assumed healthcare cost trend rate would have the following effects: 1% Point 1% Point (in thousands) Effect on total of service and interest cost components $ 25 $ (28 ) Effect on post-retirement benefit obligation $ 1,988 $ (1,757 )
Reconciliation of Above Accrued Benefit Costs to Consolidated Amounts Reported on Balance Sheets	A reconciliation of the above accrued benefit costs to the consolidated amounts reported on the Company’s Consolidated Balance Sheets follows: August 31, 2016 2015 (in thousands) Accrued pension benefits $ 48,319 $ 35,876 Accrued other post-retirement benefits 49,064 38,213 97,383 74,089 Current portion of above benefits, included in payrolls and benefits in accrued liabilities (2,849 ) (2,520 ) Supplemental pension and other deferred compensation benefits 252 231 Deferred retirement benefits $ 94,786 $ 71,800
Fair Value of Plan Assets	The fair value of our plan assets as of August 31, 2016 and 2015 is as follows (in thousands): Asset Category August 31, 2016 Level 1 Cash Equivalents $ 382 $ 382 Mutual Funds 62,829 62,829 Equities 29,335 29,335 Total $ 92,546 $ 92,546 Asset Category August 31, 2015 Level 1 Cash Equivalents $ 222 $ 222 Mutual Funds 57,364 57,364 Equities 31,028 31,028 Total $ 88,614 $ 88,614
Weighted Average Target and Strategic Assets Allocation of Pension Plans	The pension plans weighted-average target allocation for the year ended August 31, 2016 and strategic asset allocation matrix as of August 31, 2016 and 2015 are as follows: Target Plan Assets 8/31 Asset Category 2016 2016 2015 Equity Securities 50 - 75 % 62 % 67 % Debt Securities 20 - 50 % 29 % 25 % Alternative Investments 0 - 15 % 7 % 7 % Cash/Cash Equivalents 0 - 10 % 2 % 1 % 100 % 100 %
Estimated 2017 Amortization	The estimated amounts that will be amortized in 2017 are as follow: Estimated 2017 Amortization Pension Other Post-Retirement (in thousands) Prior service cost (credit) amortization $ (270 ) $ (7,351 ) Net loss amortization 1,978 4,590 Total $ 1,708 $ (2,761 )
Employer Contributions and Benefit Payments which Reflect in Future Service	The following contributions and benefit payments, which reflect expected future service, as appropriate, are expected to be paid: Pension Other Post-Retirement Benefits Employer Contributions Gross (Subsidy receipts) (in thousands) FYE 8/31/2017 (expected) $ 3,050 $ 2,541 $ (301 ) Expected Benefit Payments for FYE 8/31 2017 $ 6,169 $ 2,894 $ (301 ) 2018 6,538 3,009 (348 ) 2019 6,804 3,215 (395 ) 2020 7,187 3,486 (439 ) 2021 7,481 3,705 (481 ) 2022 - 2026 39,713 18,491 (3,204 )

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Aug. 31, 2016
Income Tax Disclosure [Abstract]
Summary of Income Tax Expense	Income tax expense consists of: Year Ended August 31, 2016 2015 2014 (in thousands) Current: Federal $ (4,328 ) $ 25,298 $ 20,431 State 2,127 599 4,619 (2,201 ) 25,897 25,050 Deferred: Federal 43 16,671 14,453 State (1,463 ) 2,909 4,323 (1,420 ) 19,580 18,776 $ (3,621 ) $ 45,477 $ 43,826
Reconciliation of Income Tax Expense	Reconciliation of the differences between income taxes computed at the Federal statutory rate and the provision for income taxes attributable to income before income tax expense is as follows: Year Ended August 31, 2016 2015 2014 (in thousands) U. S. federal income taxes at the statutory rate $ (3,430 ) $ 44,649 $ 40,243 State income taxes, net of Federal benefit 415 2,245 5,758 Domestic production activity deduction (274 ) (1,225 ) (2,068 ) Permanent items 533 538 405 Employment credits (872 ) (703 ) (845 ) Other 7 (27 ) 333 Income tax expense $ (3,621 ) $ 45,477 $ 43,826
Summary of Deferred Income Tax Liabilities (Assets)	Deferred income tax liabilities (assets) are comprised of the following: August 31, 2016 2015 (in thousands) Accounts receivable allowance $ (305 ) $ (348 ) Inventory valuation (1,103 ) — Accrued liabilities (42,047 ) (32,052 ) State net operating loss carryforwards (11,772 ) (7,695 ) Federal tax credits and carryforwards (449 ) — Deferred income tax assets (55,676 ) (40,095 ) Inventory valuation — 6,911 Property, plant and equipment 91,804 87,765 Valuation allowance 7,353 2,577 Other 4,692 4,585 Deferred income tax liabilities 103,849 101,838 Net deferred income tax liability $ 48,173 $ 61,743

Segments of Business (Tables)

Segments of Business (Tables)	12 Months Ended
	Aug. 31, 2016
Segment Reporting [Abstract]
Summarized Financial Information of Company's Reportable Segments	Summarized financial information regarding the Company’s reportable segments is presented in the following table. Year Ended August 31, 2016 2015 2014 (in thousands) Net Sales Retail $ 1,119,584 $ 1,347,291 $ 1,688,467 Wholesale 967,041 1,369,428 1,750,751 $ 2,086,625 $ 2,716,719 $ 3,439,218 Intersegment Sales Wholesale $ 388,860 $ 566,853 $ 875,264 Operating Income Retail $ 4,287 $ 32,362 $ 14,502 Wholesale 21,296 125,683 129,675 $ 25,583 $ 158,045 $ 144,177 Depreciation and Amortization Retail $ 8,228 $ 7,288 $ 6,566 Wholesale 39,547 34,266 25,238 $ 47,775 $ 41,554 $ 31,804 Capital Expenditures (including non-cash portion) Retail $ 22,759 $ 13,635 $ 11,271 Wholesale 59,097 38,219 38,234 $ 81,856 $ 51,854 $ 49,505 August 31, 2016 2015 Total Assets Retail $ 191,063 $ 178,200 Wholesale 688,654 707,266 $ 879,717 $ 885,466

Quarterly Financial Data (una40

Quarterly Financial Data (unaudited) (Tables)	12 Months Ended
	Aug. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Data	Net Sales Operating Net Income (in thousands) 2016 First Quarter $ 574,941 $ 15,878 $ (5,612 ) Second Quarter 438,374 (35,769 ) (25,596 ) Third Quarter 497,982 46,685 27,741 Fourth Quarter 575,328 (1,211 ) (2,895 ) 2015 First Quarter $ 824,697 $ 36,139 $ 17,614 Second Quarter 580,904 10,792 1,603 Third Quarter 602,877 64,454 34,707 Fourth Quarter 708,241 46,660 28,127

Description of Business and S41

Description of Business and Summary of Significant Accounting Policies - Additional Information (Detail)	12 Months Ended
	Aug. 31, 2016USD ($)Segment	Aug. 31, 2015USD ($)	Aug. 31, 2014USD ($)
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Number of business segments | Segment	2
Derivatives outstanding	$ 0
Losses on derivative contracts	0	$ 0	$ 0
Amortization expense	47,775,000	41,554,000	31,804,000
Deferred turnaround costs	17,280,000	28,489,000
Deferred turnaround costs and other assets, net of accumulated amortization	32,981,000	20,888,000
Amortization expense included in depreciation and amortization	12,724,000	14,479,000	11,319,000
Consumer excise tax included in net sales and costs of goods sold	245,843,000	246,636,000	238,332,000
Noncurrent deferred income tax liabilities	$ 48,173,000	61,743,000
Certificate of Deposit [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Maturity period of short-term investments	6 months
Accounting Standards Update 2015-17 [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Current deferred income tax liabilities		5,822,000
Noncurrent deferred income tax liabilities		61,743,000
Pipelines [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Deferred Integrity and Replacement Costs period	11 years
Net deferred integrity and replacement costs	$ 112,892,000	58,634,000
Amortization expense	$ 12,286,000	$ 6,282,000	$ 524,000
One Vendor [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Percentage of cost of good sold purchased from vendor	15.00%	15.00%
One Vendor [Member] | Accounts Payable [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Concentration of risks amount	$ 0	$ 0
Minimum [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Deferred Integrity and Replacement Costs period	3 years
Estimated useful lives of identifiable intangible assets	5 years
Maximum [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Deferred Integrity and Replacement Costs period	10 years
Estimated useful lives of identifiable intangible assets	25 years
Maximum [Member] | Hospitalization and Medical Coverage for Employee and Spouse [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Maximum age of limitation to utilize post-retirement healthcare and pension benefits	65 years

Description of Business and S42

Description of Business and Summary of Significant Accounting Policies - Summary of Principal Useful Lives Used in Computing Depreciation Expense (Detail)	12 Months Ended
	Aug. 31, 2016
Minimum [Member] | Refining [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives (Years)	20 years
Minimum [Member] | Retail Marketing [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives (Years)	15 years
Minimum [Member] | Pipeline Transportation [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives (Years)	20 years
Maximum [Member] | Refining [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives (Years)	30 years
Maximum [Member] | Retail Marketing [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives (Years)	30 years
Maximum [Member] | Pipeline Transportation [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives (Years)	30 years

Accounts Receivable, Net - Addi

Accounts Receivable, Net - Additional Information (Detail) - USD ($)	Aug. 31, 2016	Aug. 31, 2015
Receivables [Abstract]
Allowance for doubtful accounts	$ 750,000	$ 850,000

Inventories - Schedule of Inven

Inventories - Schedule of Inventories (Detail) - USD ($) $ in Thousands	Aug. 31, 2016	Aug. 31, 2015
Inventory Disclosure [Abstract]
Crude Oil	$ 44,536	$ 60,209
Petroleum Products	65,414	92,452
Total @ Lower of LIFO Cost or Market	109,950	152,661
Merchandise	26,293	24,277
Supplies	30,819	29,128
Total @ FIFO	57,112	53,405
Total Inventory	$ 167,062	$ 206,066

Inventories - Additional Inform

Inventories - Additional Information (Detail) - USD ($)	12 Months Ended
	Aug. 31, 2016	Aug. 31, 2015
Inventory Disclosure [Abstract]
Replacement cost of LIFO, over LIFO carrying values		$ 6,201,000
Replacement cost of LIFO, under LIFO carrying values	$ 4,718,000
LCM inventory write-down	13,052,000	0
LIFO increase (decrease)	8,334,000	(6,201,000)
LIFO layer liquidation, charge to cost of sales	$ 15,703,000	$ 0

Property,Plant and Equipment -

Property,Plant and Equipment - Summary of Property, Plant and Equipment (Detail) - USD ($) $ in Thousands	Aug. 31, 2016	Aug. 31, 2015
Property Plant and Equipment Useful Life and Values [Abstract]
Refinery equipment	$ 431,744	$ 378,877
Marketing (i.e. retail outlets)	153,654	141,726
Transportation	14,628	12,951
Construction-in-progress	74,286	65,970
Property, plant and equipment, gross	674,312	599,524
Less: Accumulated depreciation	270,681	251,767
Property, plant and equipment, net	$ 403,631	$ 347,757

Property, Plant and Equipment -

Property, Plant and Equipment - Additional Information (Detail) gal in Millions	Mar. 06, 2013USD ($)gal	Aug. 31, 2016USD ($)	Aug. 31, 2015USD ($)	Aug. 31, 2014USD ($)
Property, Plant and Equipment [Line Items]
Depreciation and amortization		$ 47,775,000	$ 41,554,000	$ 31,804,000
Biodiesel [Member]
Property, Plant and Equipment [Line Items]
Annual capacity of facility acquired | gal	50
Acquisition of assets for cash	$ 9,800,000
Fair value of assets acquired	20,735,000
Deferred taxes related to acquisition	$ 4,960,000
Remaining cost of project for facility acquired		$ 37,000,000

Goodwill and Intangible Asset48

Goodwill and Intangible Assets - Schedule of Intangible Assets and Goodwill (Detail) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2016	Aug. 31, 2015
Goodwill And Intangible Assets [Line Items]
Amortizable intangible assets, Accumulated Amortization	$ 1,643	$ 1,521
Amortizable intangible assets, Gross Carrying Amount	2,450	2,390
Non-amortizable assets, Tradename, Gross Carrying Amount	10,500	10,500
Non-amortizable assets, Goodwill, Gross Carrying Amount	1,349	1,349
Deed Restrictions [Member]
Goodwill And Intangible Assets [Line Items]
Amortizable intangible assets, Accumulated Amortization	$ 469	437
Amortizable intangible assets, Weighted Average Remaining Life	10 years
Amortizable intangible assets, Gross Carrying Amount	$ 800	800
Leasehold Covenants [Member]
Goodwill And Intangible Assets [Line Items]
Amortizable intangible assets, Accumulated Amortization	$ 1,174	1,084
Amortizable intangible assets, Weighted Average Remaining Life	6 years
Amortizable intangible assets, Gross Carrying Amount	$ 1,650	$ 1,590

Goodwill and Intangible Asset49

Goodwill and Intangible Assets - Additional Information (Detail) - USD ($)	12 Months Ended
	Aug. 31, 2016	Aug. 31, 2015	Aug. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 122,000	$ 115,000	$ 106,000
2,017	126,000
2,018	126,000
2,019	126,000
2,020	118,000
2,021	62,000
Thereafter	$ 249,000

Accrued Liabilities - Schedule

Accrued Liabilities - Schedule of Accrued Liabilities (Detail) - USD ($) $ in Thousands	Aug. 31, 2016	Aug. 31, 2015
Payables and Accruals [Abstract]
Interest	$ 832	$ 119
Payrolls and benefits	17,392	15,974
Other	3,083	1,818
Accrued liabilities	$ 21,307	$ 17,911

Leases - Additional Information

Leases - Additional Information (Detail) - USD ($)	12 Months Ended
	Aug. 31, 2016	Aug. 31, 2015	Aug. 31, 2014
Leases [Abstract]
Amount of long-term capital lease obligation	$ 4,087,000	$ 4,212,000
Current portion of long-term capital lease	143,000	124,000
Accumulated amortization of assets under capital leases	3,492,000	3,732,000
Net amount of accumulated amortization	1,197,000	956,000
Lease amortization amount including depreciation and amortization expenses	241,000	207,000	$ 185,000
Net rental expense for operating leases	$ 13,774,000	$ 13,728,000	$ 13,243,000

Leases - Future Minimum Lease P

Leases - Future Minimum Lease Payments (Detail) $ in Thousands	Aug. 31, 2016USD ($)
Leases [Abstract]
2,017	$ 713
2,018	713
2,019	677
2,020	641
2,021	622
Thereafter	7,045
Total minimum lease payments	10,411
Less: Minimum sublease rents	0
Net minimum lease payments	10,411
Less: Amount representing interest	6,324
Present value of net minimum lease payments	4,087
2,017	12,623
2,018	10,682
2,019	9,433
2,020	6,870
2,021	5,951
Thereafter	6,975
Total minimum lease payments	52,534
Less: Minimum sublease rents	0
Net minimum lease payments	$ 52,534

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Detail)	Dec. 09, 2015USD ($)Installments	Oct. 20, 2015USD ($)	Nov. 30, 2015USD ($)	Aug. 31, 2016USD ($)	Aug. 31, 2015USD ($)	Aug. 31, 2014USD ($)	Oct. 19, 2015USD ($)
Debt Instrument [Line Items]
Letter of credit outstanding under credit facility agreement				$ 8,753,000	$ 8,753,000
Loss on early extinguishment of debt			$ 19,316	(19,316,000)
Number of principal installments | Installments	84
Periodic principal payment	$ 129,000
Principal balance due date	Dec. 9, 2022
Amortization expense				$ 1,239,000	1,228,000	$ 1,228,000
Senior Secured Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity under new credit agreement		$ 225,000,000					$ 175,000,000
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity under new credit agreement	$ 50,000,000	$ 50,000,000
Revolving credit facility expiration date	Dec. 9, 2022	Oct. 19, 2020
Line of credit undrawn availability required		$ 15,000,000
Line of credit borrowing capacity maximum percentage		12.50%
Line of credit facility maximum repayment amount		$ 25,000,000
Line of credit minimum amount required to be maintained		100,000,000
Debt instrument interest rate term				(a) for LIBOR Loans, at either the LIBOR plus 2.50% or the Prime Rate, (b) for Reference Rate Loans, the Prime Rate and (c) for Fixed Rate Loans, at the Fixed Rate
Revolving Credit Facility [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Debt instrument interest rates	2.50%
Term Loan [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity under new credit agreement		$ 250,000,000
Debt instrument term		10 years
Base-Rate Borrowings [Member]
Debt Instrument [Line Items]
Credit borrowings outstanding under the agreement				$ 0	0
Euro-Rate Borrowings [Member]
Debt Instrument [Line Items]
Credit borrowings outstanding under the agreement				0	$ 0
Domestic Bank Rate [Member] | Revolving Credit Facility [Member] | Minimum [Member]
Debt Instrument [Line Items]
Debt instrument interest rates		1.25%
Domestic Bank Rate [Member] | Revolving Credit Facility [Member] | Maximum [Member]
Debt Instrument [Line Items]
Debt instrument interest rates		1.75%
Domestic Bank Rate [Member] | Revolving Credit Facility [Member] | Federal Funds Rate [Member]
Debt Instrument [Line Items]
Debt instrument interest rates		0.50%
Domestic Bank Rate [Member] | Revolving Credit Facility [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Debt instrument interest rates		1.00%
Domestic Bank Rate [Member] | Term Loan [Member] | Minimum [Member]
Debt Instrument [Line Items]
Debt instrument interest rates		1.75%
Domestic Bank Rate [Member] | Term Loan [Member] | Maximum [Member]
Debt Instrument [Line Items]
Debt instrument interest rates		2.25%
Domestic Bank Rate [Member] | Term Loan [Member] | Federal Funds Rate [Member]
Debt Instrument [Line Items]
Debt instrument interest rates		0.50%
Domestic Bank Rate [Member] | Term Loan [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Debt instrument interest rates		1.00%
Euro Currency Rate [Member] | Revolving Credit Facility [Member] | LIBOR [Member] | Minimum [Member]
Debt Instrument [Line Items]
Debt instrument interest rates		2.25%
Euro Currency Rate [Member] | Revolving Credit Facility [Member] | LIBOR [Member] | Maximum [Member]
Debt Instrument [Line Items]
Debt instrument interest rates		2.75%
Euro Currency Rate [Member] | Term Loan [Member] | LIBOR [Member] | Minimum [Member]
Debt Instrument [Line Items]
Debt instrument interest rates		2.75%
Euro Currency Rate [Member] | Term Loan [Member] | LIBOR [Member] | Maximum [Member]
Debt Instrument [Line Items]
Debt instrument interest rates		3.25%
Senior Secured Notes Due 2018 [Member]
Debt Instrument [Line Items]
Interest rate of Senior Secured Notes		10.50%
Loss on early extinguishment of debt				(19,316,000)
Redemption premium on note				7,009,000
Debt instrument consent payment				6,536,000
Deferred financing costs of Senior Secured Notes				2,171,000
Unamortized debt discount of Senior Secured Notes				$ 3,600,000

Long-Term Debt - Summary of Lon

Long-Term Debt - Summary of Long-Term Debt (Detail) - USD ($) $ in Thousands	Aug. 31, 2016	Aug. 31, 2015
Long-term debt:
Long-term debt	$ 287,677	$ 240,667
Long-term debt	287,677	240,667
Less: Current installments of long-term debt	28,029	1,556
Total long-term debt, less current installments	259,648	239,111
10.50% Senior Secured Notes [Member]
Long-term debt:
Long-term debt		233,459
Long-term debt		233,459
Other Long Term Debt [Member]
Long-term debt:
Long-term debt	7,327	7,208
Long-term debt	7,327	$ 7,208
PNC Term Loan [Member]
Long-term debt:
Long-term debt	231,250
Long-term debt	231,250
Signature Bank Term Loan [Member]
Long-term debt:
Long-term debt	49,100
Long-term debt	$ 49,100

Long-Term Debt - Summary of L55

Long-Term Debt - Summary of Long-Term Debt (Parenthetical) (Detail) - USD ($) $ in Thousands	Aug. 31, 2016	Aug. 31, 2015
Debt Instrument [Line Items]
Unamortized discount	$ 0	$ 3,791
PNC Term Loan [Member]
Debt Instrument [Line Items]
Libor rate	3.25%
Signature Bank Term Loan [Member]
Debt Instrument [Line Items]
Libor rate	3.00%

Long-Term Debt - Principal Amou

Long-Term Debt - Principal Amount of Long-Term Debt Maturity (Detail) - USD ($) $ in Thousands	Aug. 31, 2016	Aug. 31, 2015
Debt Disclosure [Abstract]
2,017	$ 28,029
2,018	27,446
2,019	27,391
2,020	27,102
2,021	132,954
Thereafter	44,755
Long-term debt	$ 287,677	$ 240,667

Long-Term Debt - Schedule of De

Long-Term Debt - Schedule of Deferred Financing Costs Amortized to Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2016	Aug. 31, 2015
Debt Disclosure [Abstract]
Beginning balance	$ 9,201	$ 8,881
Current year additions	5,893	320
Total financing costs	15,094	9,201
Less: Deferred financing costs associated with debt retirement	2,171
Less: Accumulated amortization	7,773	6,534
Deferred financing costs, net	$ 5,150	$ 2,667

Employee Benefit Plans - Compon

Employee Benefit Plans - Components of Net Pension and Other Post-Retirement Benefit Cost (Income) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2016	Aug. 31, 2015	Aug. 31, 2014
Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 674	$ 626	$ 597
Interest cost on benefit obligation	5,424	4,850	5,204
Expected return on plan assets	(6,034)	(6,351)	(5,569)
Amortization and deferrals	1,270	724	697
Net periodic benefit cost (income)	1,334	(151)	929
Other Post-Retirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	435	608	774
Interest cost on benefit obligation	1,554	1,656	2,072
Expected return on plan assets	0	0	0
Amortization and deferrals	(4,562)	(3,152)	(1,860)
Net periodic benefit cost (income)	$ (2,573)	$ (888)	$ 986

Employee Benefit Plans - Other

Employee Benefit Plans - Other Changes in Plan Assets and Benefit Obligation Recognized in Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2016	Aug. 31, 2015
Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Current year actuarial loss/(gain)	$ 19,411	$ 15,160
Amortization of actuarial (loss)/gain	(1,270)	(724)
Current year prior service (credit) / cost	(2,277)
Total recognized in other comprehensive loss	15,864	14,436
Total recognized in net periodic benefit cost and other comprehensive loss	17,198	14,285
Other Post-Retirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Current year actuarial loss/(gain)	11,403	(5,313)
Amortization of actuarial (loss)/gain	(2,789)	(4,199)
Amortization of prior service credit / (cost)	7,351	7,351
Total recognized in other comprehensive loss	15,965	(2,161)
Total recognized in net periodic benefit cost and other comprehensive loss	$ 13,392	$ (3,049)

Employee Benefit Plans - Summar

Employee Benefit Plans - Summary of Change in Benefit Obligations and Fair Values of Plan Assets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2016	Aug. 31, 2015	Aug. 31, 2014
Change in plan assets:
Fair values of plan assets @ beginning of year	$ 88,614
Fair values of plan assets @ end of year	92,546	$ 88,614
Amounts recognized in the balance sheet consist of:
Noncurrent liability	94,786	71,800
Pension Benefits [Member]
Change in benefit obligation:
Benefit obligation @ beginning of year	124,490	119,209
Service cost	674	626	$ 597
Interest cost	5,424	4,850	5,204
Plan amendments	(2,277)
Curtailment	0	0
Actuarial losses/(gains)	17,799	5,299
Benefits paid	(5,245)	(5,494)
Projected benefit obligation @ end of year	140,865	124,490	119,209
Change in plan assets:
Fair values of plan assets @ beginning of year	88,614	93,245
Actual return on plan assets	4,421	(3,509)
Company contributions	4,756	4,372
Benefits paid	(5,245)	(5,494)
Fair values of plan assets @ end of year	92,546	88,614	93,245
Unfunded status	48,319	35,876
Amounts recognized in the balance sheet consist of:
Noncurrent liability	48,319	35,876
Net amount recognized	48,319	35,876
Other Post-Retirement Benefits [Member]
Change in benefit obligation:
Benefit obligation @ beginning of year	38,213	43,713
Service cost	435	608	774
Interest cost	1,554	1,656	2,072
Curtailment	0	0
Medicare part D subsidy on benefits paid	351	148
Actuarial losses/(gains)	11,402	(5,313)
Benefits paid	(2,891)	(2,599)
Projected benefit obligation @ end of year	49,064	38,213	$ 43,713
Change in plan assets:
Company contributions	2,891	2,599
Benefits paid	(2,891)	(2,599)
Unfunded status	49,064	38,213
Amounts recognized in the balance sheet consist of:
Current liability	2,849	2,520
Noncurrent liability	46,215	35,693
Net amount recognized	$ 49,064	$ 38,213

Employee Benefit Plans - Additi

Employee Benefit Plans - Additional Information (Detail) - USD ($)	12 Months Ended
	Aug. 31, 2016	Aug. 31, 2015	Aug. 31, 2014
Compensation and Retirement Disclosure [Abstract]
Aggregate Accumulated benefit obligation	$ 140,865,000	$ 124,490,000
Aggregate asset value	$ 92,546,000	$ 88,614,000
Assumed annual rate of increase in the per capita cost of covered medical and dental benefits	7.00%	7.00%
Assumed annual rate decrease gradually for medical benefits until 2025	5.00%
Decrease in net periodic benefit cost	$ 5,168,000
Company's contribution to the voluntary employee savings plans	$ 2,796,000	$ 2,767,000	$ 2,752,000

Employee Benefit Plans - Amount

Employee Benefit Plans - Amounts Recognized in Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	Aug. 31, 2016	Aug. 31, 2015
Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Accumulated net actuarial loss	$ (61,989)	$ (43,848)
Accumulated prior service credit	2,277
Net amount recognized, before tax effect	(59,712)	(43,848)
Other Post-Retirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Accumulated net actuarial loss	(28,567)	(19,953)
Accumulated prior service credit	28,020	35,371
Net amount recognized, before tax effect	$ (547)	$ 15,418

Employee Benefit Plans - Weight

Employee Benefit Plans - Weighted Average Assumptions Used to Determine Year End Benefit Obligations (Detail)	12 Months Ended
	Aug. 31, 2016	Aug. 31, 2015
Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Rate of compensation increase	0.00%	0.00%
Pension Benefits [Member] | Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Discount rate	3.36%	4.40%
Pension Benefits [Member] | Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Discount rate	3.52%	4.50%
Other Post-Retirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Discount rate	3.22%	4.15%
Rate of compensation increase	0.00%	0.00%
Health care cost trend
Initial trend	9.50%	7.00%
Ultimate trend	5.00%	5.00%
Year ultimate reached	2,025	2,025

Employee Benefit Plans - Weig64

Employee Benefit Plans - Weighted Average Assumptions Used to Determine Net Periodic Costs (Detail)	12 Months Ended
	Aug. 31, 2016	Aug. 31, 2015
Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Rate of compensation increase	0.00%	0.00%
Pension Benefits [Member] | Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.00%	4.00%
Expected return on plan assets	5.00%	5.00%
Pension Benefits [Member] | Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.50%	4.20%
Expected return on plan assets	7.00%	7.00%
Other Post-Retirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.15%	3.85%
Rate of compensation increase	0.00%	0.00%
Health care cost trend
Initial trend	7.00%	7.00%
Ultimate trend	5.00%	5.00%
Year ultimate reached	2,025	2,025

Employee Benefit Plans - One Pe

Employee Benefit Plans - One Percentage Point Changes in Assumed Healthcare Cost Trend Rate (Detail) $ in Thousands	12 Months Ended
	Aug. 31, 2016USD ($)
Compensation and Retirement Disclosure [Abstract]
1% Point Increase, Effect on total of service and interest cost components	$ 25
1% Point Increase, Effect on post-retirement benefit obligation	1,988
1% Point Decrease, Effect on total of service and interest cost components	(28)
1% Point Decrease, Effect on post-retirement benefit obligation	$ (1,757)

Employee Benefit Plans - Reconc

Employee Benefit Plans - Reconciliation of Above Accrued Benefit Costs to Consolidated Amounts Reported on Balance Sheets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2016	Aug. 31, 2015
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined benefit plan accrued benefit cost	$ 97,383	$ 74,089
Current portion of above benefits, included in payrolls and benefits in accrued liabilities	(2,849)	(2,520)
Supplemental pension and other deferred compensation benefits	252	231
Deferred retirement benefits	94,786	71,800
Pension Benefits [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Accrued benefits	48,319	35,876
Deferred retirement benefits	48,319	35,876
Other Post-Retirement Benefits [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Accrued benefits	49,064	38,213
Deferred retirement benefits	$ 46,215	$ 35,693

Employee Benefit Plans - Fair V

Employee Benefit Plans - Fair Value of Plan Assets (Detail) - USD ($) $ in Thousands	Aug. 31, 2016	Aug. 31, 2015
Defined Benefit Plan Change In Fair Value Of Plan Assets [Line Items]
Total Fair Value of Plan Assets	$ 92,546	$ 88,614
Cash Equivalents [Member]
Defined Benefit Plan Change In Fair Value Of Plan Assets [Line Items]
Total Fair Value of Plan Assets	382	222
Mutual Funds [Member]
Defined Benefit Plan Change In Fair Value Of Plan Assets [Line Items]
Total Fair Value of Plan Assets	62,829	57,364
Equities [Member]
Defined Benefit Plan Change In Fair Value Of Plan Assets [Line Items]
Total Fair Value of Plan Assets	29,335	31,028
Level 1 [Member]
Defined Benefit Plan Change In Fair Value Of Plan Assets [Line Items]
Total Fair Value of Plan Assets	92,546	88,614
Level 1 [Member] | Cash Equivalents [Member]
Defined Benefit Plan Change In Fair Value Of Plan Assets [Line Items]
Total Fair Value of Plan Assets	382	222
Level 1 [Member] | Mutual Funds [Member]
Defined Benefit Plan Change In Fair Value Of Plan Assets [Line Items]
Total Fair Value of Plan Assets	62,829	57,364
Level 1 [Member] | Equities [Member]
Defined Benefit Plan Change In Fair Value Of Plan Assets [Line Items]
Total Fair Value of Plan Assets	$ 29,335	$ 31,028

Employee Benefit Plans - Weig68

Employee Benefit Plans - Weighted Average Target and Strategic Assets Allocation of Pension Plans (Detail)	12 Months Ended
	Aug. 31, 2016	Aug. 31, 2015
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Strategic asset allocation	100.00%	100.00%
Equity Securities [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Weighted average target allocation, minimum	50.00%
Weighted average target allocation, maximum	75.00%
Strategic asset allocation	62.00%	67.00%
Debt Securities [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Weighted average target allocation, minimum	20.00%
Weighted average target allocation, maximum	50.00%
Strategic asset allocation	29.00%	25.00%
Alternative Investments [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Weighted average target allocation, minimum	0.00%
Weighted average target allocation, maximum	15.00%
Strategic asset allocation	7.00%	7.00%
Cash/Cash Equivalents [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Weighted average target allocation, minimum	0.00%
Weighted average target allocation, maximum	10.00%
Strategic asset allocation	2.00%	1.00%

Employee Benefit Plans - Estima

Employee Benefit Plans - Estimated 2017 Amortization (Detail) $ in Thousands	12 Months Ended
	Aug. 31, 2016USD ($)
Pension Benefits [Member]
Estimated Amortization Expense [Line Items]
Prior service cost (credit) amortization	$ (270)
Net loss amortization	1,978
Total	1,708
Other Post-Retirement Benefits [Member]
Estimated Amortization Expense [Line Items]
Prior service cost (credit) amortization	(7,351)
Net loss amortization	4,590
Total	$ (2,761)

Employee Benefit Plans - Employ

Employee Benefit Plans - Employer Contributions and Benefit Payments which Reflect in Future Service (Detail) $ in Thousands	12 Months Ended
	Aug. 31, 2016USD ($)
Pension Benefits [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
FYE 8/31/2017 (expected)	$ 3,050
2,017	6,169
2,018	6,538
2,019	6,804
2,020	7,187
2,021	7,481
2022 - 2026	39,713
Other Post-Retirement Benefits Gross [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
FYE 8/31/2017 (expected)	2,541
2,017	2,894
2,018	3,009
2,019	3,215
2,020	3,486
2,021	3,705
2022 - 2026	18,491
Other Post-Retirement Benefits (Subsidy Receipts) [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
FYE 8/31/2017 (expected)	(301)
2,017	(301)
2,018	(348)
2,019	(395)
2,020	(439)
2,021	(481)
2022 - 2026	$ (3,204)

Income Taxes - Summary of Incom

Income Taxes - Summary of Income Tax Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2016	Aug. 31, 2015	Aug. 31, 2014
Income Tax Disclosure [Abstract]
Federal	$ (4,328)	$ 25,298	$ 20,431
State	2,127	599	4,619
Current Income tax expense	(2,201)	25,897	25,050
Federal	43	16,671	14,453
State	(1,463)	2,909	4,323
Deferred Income tax expense	(1,420)	19,580	18,776
Income tax expense	$ (3,621)	$ 45,477	$ 43,826

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Income Tax Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2016	Aug. 31, 2015	Aug. 31, 2014
Income Tax Disclosure [Abstract]
U. S. federal income taxes at the statutory rate	$ (3,430)	$ 44,649	$ 40,243
State income taxes, net of Federal benefit	415	2,245	5,758
Domestic production activity deduction	(274)	(1,225)	(2,068)
Permanent items	533	538	405
Employment credits	(872)	(703)	(845)
Other	7	(27)	333
Income tax expense	$ (3,621)	$ 45,477	$ 43,826

Income Taxes - Summary of Defer

Income Taxes - Summary of Deferred Income Tax Liabilities (Assets) (Detail) - USD ($) $ in Thousands	Aug. 31, 2016	Aug. 31, 2015
Income Tax Disclosure [Abstract]
Accounts receivable allowance	$ (305)	$ (348)
Inventory valuation	(1,103)
Accrued liabilities	(42,047)	(32,052)
State net operating loss carryforwards	(11,772)	(7,695)
Federal tax credits and carryforwards	(449)
Deferred income tax assets	(55,676)	(40,095)
Inventory valuation		6,911
Property, plant and equipment	91,804	87,765
Valuation allowance	7,353	2,577
Other	4,692	4,585
Deferred income tax liabilities	103,849	101,838
Net deferred income tax liability	$ 48,173	$ 61,743

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	12 Months Ended
	Aug. 31, 2016	Aug. 31, 2015
Taxable income prior to net operating loss deduction	$ 5,000,000
Percentage of taxable income prior to net operating loss deduction	30.00%
Recognized valuation allowance, net of federal benefit	$ 7,353,000	$ 2,577,000
Pennsylvania [Member] | Minimum [Member]
Net operating loss carry forwards expiration year	2,023
Pennsylvania [Member] | Maximum [Member]
Net operating loss carry forwards expiration year	2,036
Pennsylvania [Member] | Entity One [Member]
Net operating loss carry forwards	$ 128,000,000
Pennsylvania [Member] | Entity Two [Member]
Net operating loss carry forwards	$ 39,000,000

Disclosures About Fair Value 75

Disclosures About Fair Value of Financial Instruments - Additional Information (Detail) - USD ($)	Aug. 31, 2016	Aug. 31, 2015
Debt Disclosure [Abstract]
Carrying amount of debt instruments	$ 287,677,000	$ 240,667,000
Estimated fair value of debt instruments	$ 287,457,000

Stockholder's Equity - Addition

Stockholder's Equity - Additional Information (Detail) - USD ($)	Aug. 30, 2013	Jul. 26, 2013	Aug. 31, 2016	Aug. 31, 2015
Equity Note [Line Items]
Capital stock of the company, before amendment		100
Capital stock of the company, after amendment		50,100
Preferred stock, shares authorized		50,000	25,000	25,000
Par Value of preferred stock			$ 1,000	$ 1,000
First Priority Senior Secured Notes Due Two Thousand Eighteen [Member]
Equity Note [Line Items]
Redemption of senior notes	$ 127,750,000
Series A Preferred Stock [Member]
Equity Note [Line Items]
Preferred stock, shares authorized		25,000
Dividend rate on preferred stock		6.00%
Preferred stock, par value		$ 10,000
Shares issued by the company		14,116.375
Par Value of preferred stock		$ 1,000
Proceeds from sale of preferred stock	$ 141,163,750

Transactions with Affiliated 77

Transactions with Affiliated Companies - Additional Information (Detail)	Jul. 26, 2013USD ($)shares	Aug. 31, 2016USD ($)Store	Aug. 31, 2015USD ($)Store	Aug. 31, 2014USD ($)Store	Sep. 29, 2000USD ($)Store
Related Party Transaction [Line Items]
Rent payments made to related entities		$ 5,365,000	$ 5,360,000	$ 5,360,000
Minimum annual aggregate rental period		10 years
Maximum annual aggregate rental period		20 years
Net sales		$ 92,892,000	131,326,000	191,828,000
Due to related parties		100,000
Rent paid		1,456,000	1,270,000	1,158,000
Series A Preferred Stock [Member]
Related Party Transaction [Line Items]
Shares issued by the company | shares	14,116.375
Aggregate purchase price	$ 141,163,750
Affiliate [Member]
Related Party Transaction [Line Items]
Management fees and overhead expenses incurred in the management and operation of the retail units		1,324,000	1,301,000	1,207,000
Payables to affiliate		598,000	1,106,000
Related party transaction, share of occupancy expenses with affiliates		401,000	420,000	420,000
Payment related to transaction with related party		254,000	283,000
Captive Insurance Company [Member]
Related Party Transaction [Line Items]
Payment related to transaction with related party		4,662,000	4,774,000	4,399,000
Related Party Transaction Engineering Services Agreement [Member]
Related Party Transaction [Line Items]
Payment related to transaction with related party		589,000	349,000
Affiliated Companies [Member]
Related Party Transaction [Line Items]
Payables to affiliate		(4,000)	296,000
Related Party Transaction Service Fees [Member]
Related Party Transaction [Line Items]
Service fee paid		$ 2,400,000	2,000,000	2,000,000
Retail Units [Member]
Related Party Transaction [Line Items]
Number of retail units owned by the non-subsidiary | Store		10
Number of additional retail units terminated | Store		8
Retail Units [Member] | 42 Retail Units [Member]
Related Party Transaction [Line Items]
Number of retails units sold | Store					42
Retail units sold to affiliate					$ 23,870,000
Retail Units [Member] | Fifty One Retail Units [Member]
Related Party Transaction [Line Items]
Management fees and overhead expenses incurred in the management and operation of the retail units		$ 2,123,000	$ 2,325,000	$ 2,165,000
Number of retail units for which company billed affiliates for management fees and overhead expenses | Store		51	51	51
Tax Sharing Agreement [Member]
Related Party Transaction [Line Items]
Capital contribution (distribution)		$ 470,000	$ 36,000	$ (3,034,000)
Receivables from parent under tax sharing agreement		$ 0	$ 2,500,000

Segments of Business - Addition

Segments of Business - Additional Information (Detail)	12 Months Ended
	Aug. 31, 2016Segment
Segment Reporting [Abstract]
Number of business segments	2

Segments of Business - Summariz

Segments of Business - Summarized Financial Information of Company's Reportable Segments (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Aug. 31, 2016	May 31, 2016	Feb. 29, 2016	Nov. 30, 2015	Aug. 31, 2015	May 31, 2015	Feb. 28, 2015	Nov. 30, 2014	Aug. 31, 2016	Aug. 31, 2015	Aug. 31, 2014
Net Sales
Sales, Net	$ 575,328	$ 497,982	$ 438,374	$ 574,941	$ 708,241	$ 602,877	$ 580,904	$ 824,697	$ 2,086,625	$ 2,716,719	$ 3,439,218
Operating Income
Operating Income	(1,211)	$ 46,685	$ (35,769)	$ 15,878	46,660	$ 64,454	$ 10,792	$ 36,139	25,583	158,045	144,177
Depreciation and Amortization
Depreciation and amortization									47,775	41,554	31,804
Capital Expenditures (including non-cash portion)
Capital Expenditures									81,856	51,854	49,505
Total Assets
Assets, Total	879,717				885,466				879,717	885,466
Operating Segments [Member] | Retail [Member]
Net Sales
Sales, Net									1,119,584	1,347,291	1,688,467
Operating Income
Operating Income									4,287	32,362	14,502
Depreciation and Amortization
Depreciation and amortization									8,228	7,288	6,566
Capital Expenditures (including non-cash portion)
Capital Expenditures									22,759	13,635	11,271
Total Assets
Assets, Total	191,063				178,200				191,063	178,200
Operating Segments [Member] | Wholesale [Member]
Net Sales
Sales, Net									967,041	1,369,428	1,750,751
Operating Income
Operating Income									21,296	125,683	129,675
Depreciation and Amortization
Depreciation and amortization									39,547	34,266	25,238
Capital Expenditures (including non-cash portion)
Capital Expenditures									59,097	38,219	38,234
Total Assets
Assets, Total	$ 688,654				$ 707,266				688,654	707,266
Intersegment Eliminations [Member] | Wholesale [Member]
Intersegment Sales
Intersegment Sales									$ 388,860	$ 566,853	$ 875,264

Quarterly Financial Data (Una80

Quarterly Financial Data (Unaudited) - Schedule of Quarterly Financial Data (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Aug. 31, 2016	May 31, 2016	Feb. 29, 2016	Nov. 30, 2015	Aug. 31, 2015	May 31, 2015	Feb. 28, 2015	Nov. 30, 2014	Aug. 31, 2016	Aug. 31, 2015	Aug. 31, 2014
Text Block [Abstract]
Net sales	$ 575,328	$ 497,982	$ 438,374	$ 574,941	$ 708,241	$ 602,877	$ 580,904	$ 824,697	$ 2,086,625	$ 2,716,719	$ 3,439,218
Operating Profit (Loss)	(1,211)	46,685	(35,769)	15,878	46,660	64,454	10,792	36,139	$ 25,583	$ 158,045	$ 144,177
Net Income (Loss)	$ (2,895)	$ 27,741	$ (25,596)	$ (5,612)	$ 28,127	$ 34,707	$ 1,603	$ 17,614

Quarterly Financial Data (una81

Quarterly Financial Data (unaudited) - Additional Information (Detail) - USD ($)	3 Months Ended	12 Months Ended
	Nov. 30, 2015	Aug. 31, 2016
Text Block [Abstract]
Loss on extinguishment of debt	$ (19,316)	$ 19,316,000

Put and Call Option Agreement -

Put and Call Option Agreement - Additional Information (Detail)	Apr. 08, 2015USD ($)mi	Aug. 31, 2016
Open Option Contracts Written [Line Items]
Miles of pipeline | mi	88.85
Initial payment percentage of replacement cost	50.00%
Initial payment period of replacement cost	30 days
Percentage of construction management fees paid	2.25%
Remaining payment percentage of replacement cost	50.00%
Funding period of remaining replacement cost	10 years
Carrier's put option terms		The Carrier's Put Option is exercisable beginning on the date that is the earlier of (a) January 1, 2026 and (b) the date that is 30 days after the latest of (i) the date on which the Carriers give notice that the Line 10 replacement work performed pursuant to the Letter Agreement is sufficiently completed (as contemplated in the Call and Put Agreement) and (ii) the ninth (9th) anniversary of the Execution Date (the "Put Option Commencement Date").
Put Option termination terms		The Put Option terminates on the date that is 24 months after either (a) the Put Option Commencement Date if such date is the first of a month or (b) the first day of the calendar month immediately following the Put Option Commencement Date if it is not the first day of the month (the "Put/Call Option Expiry Date").
Percentage increase in fixed annual fees	2.00%
Maximum [Member]
Open Option Contracts Written [Line Items]
Construction expenses maximum limit not requiring approval | $	$ 38,500,000
Purchase Price [Member]
Open Option Contracts Written [Line Items]
Percentage book value of assets	70.00%
Percentage of replacement costs	100.00%
Percentage of regulatory costs	100.00%

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail)	Oct. 20, 2016USD ($)Installments	Dec. 09, 2015USD ($)Installments	Aug. 31, 2016	Oct. 20, 2015USD ($)
Subsequent Event [Line Items]
Number of principal installments | Installments		84
Periodic principal payment		$ 129,000
Principal balance due date		Dec. 9, 2022
Revolving Credit Facility [Member]
Subsequent Event [Line Items]
Maximum borrowing capacity under new credit agreement		$ 50,000,000		$ 50,000,000
Debt instrument interest rate term			(a) for LIBOR Loans, at either the LIBOR plus 2.50% or the Prime Rate, (b) for Reference Rate Loans, the Prime Rate and (c) for Fixed Rate Loans, at the Fixed Rate
Revolving Credit Facility [Member] | LIBOR [Member]
Subsequent Event [Line Items]
Debt instrument interest rates		2.50%
Revolving Credit Facility [Member] | Kwik-Fil Inc [Member]
Subsequent Event [Line Items]
Debt instrument interest rate term			(a) for LIBOR Loans, at either the LIBOR plus 2.50% or the Prime Rate, (b) for Reference Rate Loans, the Prime Rate and (c) for Fixed Rate Loans, at the greater of the Fixed Rate or 4.25% per annum.
Revolving Credit Facility [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Maximum borrowing capacity under new credit agreement	$ 25,000,000
Debt instrument fixed interest rate	4.25%
Number of principal installments | Installments	83
Periodic principal payment	$ 83,000
Principal balance due date	Oct. 23, 2023
Revolving Credit Facility [Member] | Subsequent Event [Member] | LIBOR [Member]
Subsequent Event [Line Items]
Debt instrument interest rates	2.50%

Schedule - Valuation and Qualif

Schedule - Valuation and Qualifying Accounts (Detail) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2016	Aug. 31, 2015	Aug. 31, 2014
Text Block [Abstract]
Balance at Beginning of Period	$ 850	$ 1,070	$ 1,800
Charged to Costs and Expenses	390	750	1,050
Deductions	(490)	(970)	(1,780)
Balance at End Of Period	$ 750	$ 850	$ 1,070