DEBT (Tables)

3 Months Ended

Nov. 30, 2023

Short-term borrowings consist of unsecured lines of credit and short-term overdraft borrowings. The following table summarizes the balances of total facilities, facilities used and facilities available (in thousands):


			Facilities Used
	Total Amount of Facilities		Short-term Borrowings		Facilities Available		Weighted average interest rate
November 30, 2023 - Committed	$	75,000	$	—	$	75,000	—	%
November 30, 2023 - Uncommitted	96,000		9,199		86,801		12.6	%

November 30, 2023 - Total	$	171,000	$	9,199	$	161,801	12.6	%

August 31, 2023 - Committed	$	75,000	$	—	$	75,000	—	%
August 31, 2023 - Uncommitted	91,000		8,376		82,624		13.2	%
August 31, 2023 - Overdraft Used (Uncommitted)	—		303		—		12.0	%
August 31, 2023 - Total	$	166,000	$	8,679	$	157,624	12.7	%

Schedule of Changes in Long-Term Debt

The following table provides the changes in long-term debt for the three months ended November 30, 2023:


(Amounts in thousands)	Current portion of long-term debt		Long-term debt (net of current portion)		Total
Balances as of August 31, 2023	$	20,193	$	119,487	$	139,680	(1)






Repayments of long-term debt:	(268)		(4,581)		(4,849)
Reclassifications of long-term debt due in the next 12 months	15,335		(15,335)		—
Translation adjustments on foreign currency debt of subsidiaries whose functional currency is not the U.S. dollar(2)	16		133		149
Balances as of November 30, 2023	$	35,276	$	99,704	$	134,980	(3)

(1)The carrying amount of non-cash assets assigned as collateral for these loans was $156.2 million. The carrying amount of cash assets assigned as collateral for these loans was $3.5 million.

(2)These foreign currency translation adjustments are recorded within other comprehensive income (loss).

(3)The carrying amount of non-cash assets assigned as collateral for these loans was $151.6 million. The carrying amount of cash assets assigned as collateral for these loans was $3.0 million.

Schedule of Annual Maturities of Long-Term Debt

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


Twelve Months Ended November 30,	Amount
2024	$	35,276
2025	20,446
2026	16,375
2027	36,972
2028	12,578
Thereafter	13,333
Total	$	134,980