DEBT

6 Months Ended

Feb. 29, 2012

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
February 29, 2012	$	27,044	$	135	$	282	$	26,627		8.5	%
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 February 28,	Amount
2013	$	7,282
2014		15,971
2015		18,399
2016(1)		8,897
2017		26,912
Thereafter		6,217
Total	$	83,678

  (1)   The year 2016 is a leap year with the period ending February 29th.