Note 6 - Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Loss

12 Months Ended

Aug. 31, 2014

Disclosure Text Block [Abstract]

Comprehensive Income (Loss) Note [Text Block]

6. OTHER COMPREHENSIVE INCOME (LOSS) AND ACCUMULATED OTHER COMPREHENSIVE LOSS

The components of other comprehensive income (loss) during the twelve months ended August 31, 2014, 2013, and 2012 are as follows (in thousands):

	Aug 31, 2014				Aug 31, 2013						Aug 31, 2012
	Pre-tax		Net of tax		Pre-tax			Net of tax			Pre-tax			Net of tax
Foreign currency translation adjustments	$	7,895	$	7,895	$	(5,151	)	$	(5,151	)	$	(14,925	)	$	(14,925	)
Realized loss on cash flow hedges reclassified to earnings (1)		260		164		1,000			622			1,031			645
Unrealized gain (loss) on cash flow hedges recognized in AOCL		8,294		5,193		(6,258	)		(3,918	)		(4,450	)		(2,786	)
Other comprehensive income (loss)	$	16,449	$	13,252	$	(10,409	)	$	(8,447	)	$	(18,344	)	$	(17,066	)

⁽¹⁾ Reclassified to Selling, General and Administrative Expenses

The components of accumulated other comprehensive loss is as follows (in thousands): 

	Aug 31, 2014			Aug 31, 2013
Accumulated unrealized gains (losses) on cash flow hedges, net of tax	$	510		$	(4,847	)
Accumulated foreign currency translation adjustments		(18,431	)		(26,326	)
Total accumulated other comprehensive loss	$	(17,921	)	$	(31,173	)