DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

12 Months Ended

Aug. 31, 2012

Derivative [Line Items]

Schedule of Interest Rate Derivatives

The following table summarizes these agreements:

Subsidiary	Date entered into	Derivative Financial Counter-party	Derivative Financial Instruments	Initial US Notional Amount	Bank US loan Held with	Floating Leg (swap counter-party)	Fixed Rate for PSMT Subsidiary		Settlement Reset Date	Effective Period of Swap
Colombia	21-Feb-12	Bank of Nova Scotia	Cross currency interest rate swap	8,000,000	Bank of Nova Scotia	Variable rate 3-month Libor plus 0.6%	6.02	%	February, May, August and November beginning on May 22, 2012	February 21, 2012 - February 21, 2017
Colombia	17-Nov-11	Bank of Nova Scotia	Cross currency interest rate swap	8,000,000	Citibank, N.A.	Variable rate 6-month Eurodollar Libor plus 2.4%	5.85	%	May 3, 2012 and semi-annually thereafter	November 3, 2011 - November 3, 2013
Colombia	21-Oct-11	Bank of Nova Scotia	Cross currency interest rate swap	2,000,000	Bank of Nova Scotia	Variable rate 3-month Libor plus 0.7%	5.3	%	January, April, July and October, beginning on October 29, 2011	July 29, 2011 - April 1, 2016
Colombia	21-Oct-11	Bank of Nova Scotia	Cross currency interest rate swap	6,000,000	Bank of Nova Scotia	Variable rate 3-month Libor plus 0.7%	5.45	%	March, June, September and December, beginning on October 29, 2011	September 29, 2011 - April 1, 2016
Colombia	5-May-11	Bank of Nova Scotia	Cross currency interest rate swap	8,000,000	Bank of Nova Scotia	Variable rate 3-month Libor plus 0.7%	6.09	%	January, April, July and October, beginning on July 5, 2011	April 1, 2011 - April 1, 2016
Trinidad	20-Nov-08	Royal Bank of Trinidad & Tobago	Interest rate swaps	8,900,000	Royal Bank of Trinidad & Tobago	Variable rate 1-year Libor plus 2.75%	7.05	%	Annually on August 26	September 25, 2008 - September 26, 2013
Barbados	13-Feb-08	Citibank, N.A.	Interest rate swaps	4,500,000	Citibank, N.A.	Variable rate 9-month Libor plus 1.5%	5.22	%	Semi-annually on November 15 and May 15	November 15, 2007 - November 14, 2012

Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location

For the twelve-month periods ended August 31, 2012, 2011, and 2010 the Company included the gain or loss on the hedged items (that is, variable-rate borrowings) in the same line item—interest expense—as the offsetting gain or loss on the related interest rate swaps as follows (in thousands):

Income Statement Classification	Interest expense on Borrowings		Losson Swaps		Interest expense
Interest expense for the year ended August 31, 2012	$	767	$	1,356	$	2,123
Interest expense for the year ended August 31, 2011	$	407	$	450	$	857
Interest expense for the year ended August 31, 2010	$	446	$	293	$	739

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The following table summarizes the fair value of derivative instruments (in thousands):

	Liability Derivatives as of August 31,
	2012				2011
Derivatives designated as cash flow hedging instruments	Balance Sheet Location	Fair Value			Balance Sheet Location	Fair Value
Cross currency interest rate swaps(2)	Other non-current assets	$	—		Other non-current assets	$	—
Interest rate swaps(1)	Other long-term liabilities	$	(216	)	Other long-term liabilities	$	(544	)
Cross currency interest rate swap(2)	Other long-term liabilities	(983		)	Other long-term liabilities	(340		)
Total derivatives designated as hedging instruments(3)		$	(1,199	)		$	(884	)

Interest Rate Swap

Derivative [Line Items]

Schedule of Notional Amounts of Outstanding Derivative Positions

The total notional amount of the Company’s pay-fixed/receive-variable interest rate swaps was as follows (in thousands):

	Notional Amount as of August 31,
Floating Rate Payer (Swap Counterparty)	2012		2011
RBTT	$	5,400	$	6,300
Scotiabank	$	32,000	$	8,000
Citibank N.A.	$	2,475	$	2,925
Total	$	39,875	$	17,225

Foreign Exchange Contract

Derivative [Line Items]

Schedule of Notional Amounts of Outstanding Derivative Positions

The following table summarizes these agreements as of August 31, 2012:

Subsidiary	Date entered into	Derivative Financial Counter-party	Derivative Financial Instruments	Notional Amount (in thousands)	Settlement Date	Effective Period of Forward
Colombia	June 5, 2012	Bank of Nova Scotia	Forward foreign exchange contracts	500,000	October 18, 2012	June 5, 2012 - October 18, 2012
Colombia	June 14, 2012	Bank of Nova Scotia	Forward foreign exchange contracts	500,000	November 15, 2012	June 14, 2012 - November 15, 2012
Colombia	July 18, 2012	Bank of Nova Scotia	Forward foreign exchange contracts	500,000	November 30, 2012	July 18, 2012 - November 30, 2012
Colombia	August 22, 2012	Bank of Nova Scotia	Forward foreign exchange contracts	1,000,000	September 21, 2012	August 22, 2012 - September 21, 2012
Colombia	August 30, 2012	Bank of Nova Scotia	Forward foreign exchange contracts	1,000,000	October 5, 2012	August 30, 2012 - October 5, 2012