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

3 Months Ended

Nov. 30, 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) and amounts reclassified out of accumulated other comprehensive loss into earnings during the three months ended November 30, 2014 and 2013 are as follows (in thousands):

	Three Months Ended November 30, 2014						Three Months Ended November 30, 2013
	Pre-tax			Net of tax			Pre-tax		Net of tax
Foreign currency translation adjustments	$	(13,555	)	$	(13,555	)	$	8,148	$	8,148
Realized loss on cash flow hedges reclassified to earnings (1)		39			24			400		252
Unrealized (loss) gain on cash flow hedges recognized in accumulated other comprehensive loss		(218	)		(136	)		4,227		2,395
Other comprehensive (loss) income	$	(13,734	)	$	(13,667	)	$	12,775	$	10,795

⁽¹⁾ Reclassified to Selling, General and Administrative Expenses

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

	Nov 30, 2014			Aug 31, 2014
Accumulated unrealized gains on cash flow hedges, net of tax	$	398		$	510
Accumulated foreign currency translation adjustments		(31,986	)		(18,431	)
Total accumulated other comprehensive loss	$	(31,588	)	$	(17,921	)