SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Aug. 31, 2016

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Schedule of Real Estate Development Joint Ventures

Real Estate Development Joint Ventures	Countries	Ownership		Basis of Presentation
GolfPark Plaza, S.A.	Panama	50.0	%	Equity(1)
Price Plaza Alajuela PPA, S.A.	Costa Rica	50.0	%	Equity(1)

⁽¹⁾ Joint venture interests are recorded as investment in unconsolidated affiliates on the consolidated balance sheets.

Summary of Restricted Cash

	August 31,		August 31,
	2016		2015
Short-term restricted cash:
Restricted cash for land purchase option agreements	$	442	$	—
Short-term restricted cash		76		61
Total short-term restricted cash	$	518	$	61
Long-term restricted cash:
Other long-term restricted cash (1)	$	2,676	$	1,464
Total long-term restricted cash	$	2,676	$	1,464
Total restricted cash	$	3,194	$	1,525

⁽¹⁾ The other restricted cash consists mainly of cash deposits held within banking institutions in compliance with federal regulatory requirements in Costa Rica and Panama.

Summary of Value Added Tax Receivables

	August 31,		August 31,
	2016		2015
Prepaid expenses and other current assets	$	1,635	$	4,673
Other non-current assets		32,502		22,239
Total amount of VAT receivable reported	$	34,137	$	26,912

Summary of Income Tax Receivables

	August 31,		August 31,
	2016		2015
Prepaid expenses and other current assets	$	6,402	$	2,941
Other non-current assets		10,376		8,772
Total amount of income tax receivable reported	$	16,778	$	11,713

Summary of Carrying Value and Fair Value of Debt

	August 31, 2016				August 31, 2015
	Carrying Value		Fair Value(1)		Carrying Value		Fair Value
Long-term debt, including current portion	$	88,107	$	85,654	$	90,534	$	88,307

⁽¹⁾ The Company has disclosed the fair value of long-term debt, including debt for which it has entered into cross-currency interest rate swaps, using the derivative obligation as of August 31, 2016 to estimate the fair value of long-term debt, which includes the effects that the cross-currency interest rate swaps have had on the fair value of long-term debt.

Summary of Assets and Liabilities Measured and Recorded at Fair Value on a Recurring Basis

The following table summarizes financial assets and liabilities measured and recorded at fair value on a recurring basis in the Company’s consolidated balance sheet as of August 31, 2016 and August 31, 2015 (in thousands) for derivatives that qualify for hedge accounting:

	Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
Assets and Liabilities as of August 31, 2016	(Level 1)		(Level 2)		(Level 3)		Total
Other non-current assets – (Cross-currency interest rate swaps)	$	—	$	3,224	$	—	$	3,224
Other long-term liabilities – (Interest rate swaps)		—		(448)		—		(448)
Other long-term liabilities – (Cross-currency interest rate swaps)		—		(1,066)		—		(1,066)
Total	$	—	$	1,710	$	—	$	1,710

	Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
Assets and Liabilities as of August 31, 2015	(Level 1)		(Level 2)		(Level 3)		Total
Other non-current assets – (Cross-currency interest rate swaps)	$	—	$	4,129	$	—	$	4,129
Other long-term liabilities – (Interest rate swaps)		—		(387)		—		(387)
Other long-term liabilities – (Cross-currency interest rate swaps)		—		(1,312)		—		(1,312)
Total	$	—	$	2,430	$	—	$	2,430

The following tables summarize financial assets and liabilities measured and recorded at fair value on a recurring basis in the Company’s consolidated balance sheet as of August 31, 2016 and August 31, 2015 (in thousands) for derivatives that do not qualify for hedge accounting:

	Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
Assets and Liabilities as of August 31, 2016	(Level 1)		(Level 2)		(Level 3)		Total
Other accrued expenses (Foreign currency forward contracts)	$	—	$	(110)	$	—	$	(110)
Net fair value of derivatives designated as hedging instruments that do not qualify for hedge accounting	$	—	$	(110)	$	—	$	(110)

	Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
Assets and Liabilities as of August 31, 2015	(Level 1)		(Level 2)		(Level 3)		Total
Other accrued expenses (Foreign currency forward contracts)	$	—	$	(66)	$	—	$	(66)
Net fair value of derivatives designated as hedging instruments that do not qualify for hedge accounting	$	—	$	(66)	$	—	$	(66)

Schedule of Goodwill

	August 31,		August 31,
	2016		2015		Change
Goodwill	$	35,637	$	35,871	$	(234)

Summary of Foreign Currrency Gains and Losses

	Years Ended August 31,
	2016		2015		2014
Currency gain (loss)	$	(899)	$	(4,388)	$	984