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POST EMPLOYMENT PLANS (Schedule of Defined Benefit Plans) (Details) - USD ($)
12 Months Ended
Aug. 31, 2016
Aug. 31, 2015
Aug. 31, 2014
Defined Benefit Plan Disclosure [Line Items]      
Start of period $ (807,000) $ (628,000)  
Service cost 234,000 66,000  
Interest cost (51,000) (21,000)  
Prior service cost (including amortization)   (311,000)  
Actuarial gains/(losses) (258,000) 87,000  
Totals (882,000) (807,000) $ (628,000)
Start of period, Accumulated Other Comprehensive Loss 172,000 [1] (148,000)  
Prior service cost (including amortization), Accumulated Other Comprehensive Loss 35,000 407,000  
Actuarial gains/(losses), Accumulated Other Comprehensive Loss 258,000 (87,000)  
Totals, Accumulated Other Comprehensive Loss 465,000 172,000 [1] (148,000)
Deferred tax asset on defined benefit plan 150,000 59,000  
Accumulated other comprehensive income (loss), net of tax (315,000) (113,000)  
Operating Expense [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Service cost 35,000 192,000 356,000
Interest cost (52,000) (21,000) (14,000)
Prior service cost (including amortization) (56,000) 232,000 (15,000)
Actuarial gains/(losses), Operating Expenses (87,000) (91,000) (8,000)
Totals $ 56,000 $ (110,000) $ 377,000
[1] The Company has recorded a deferred tax (liability)/asset of $150,000 and $59,000 as of August 31, 2016 and 2015, respectively, relating to the unrealized expense on defined benefit plans. The Company also recorded accumulated other comprehensive income (loss), net of tax, for $(315,000) and $(113,000) as of August 31, 2016 and 2015, respectively.