DEBT

3 Months Ended

Nov. 30, 2011

Debt [Abstract]

DEBT

NOTE 8 - DEBT

Short-term borrowings consist of lines of credit which are secured by certain assets of the Company and its subsidiaries and in some cases are guaranteed by the Company as summarized below (in thousands):

			Facilities Used
		Total Amount of Facilities	Short-term Borrowings		Letters of Credit		Facilities Available		Weighted average interest rate
November 30, 2011	$	28,005	$	5,812	$	175	$	22,018		6.5	%
August 31, 2011	$	28,033	$	2,259	$	453	$	25,321		9.5	%

Each of the facilities expires during the year and is normally renewed.

Annual maturities of long-term debt are as follows (in thousands):

Years Ended November 30,	Amount
2011	$	7,287
2012		15,169
2013		15,904
2014		15,416
2015		14,531
Thereafter		2,470
Total	$	70,777