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Fair Value (Tables)
3 Months Ended
Nov. 30, 2012
Fair Value Disclosures [Abstract]  
Financial assets and financial liabilities measured at fair value on recurring basis
The following tables summarize information regarding the Company’s financial assets and financial liabilities that were measured at fair value on a recurring basis:
 
 
 
Fair Value Measurements at Reporting Date Using
(in thousands)
November 30,
2012
 
Quoted Prices in
Active Markets  for
Identical Assets
(Level 1)
 
Significant  Other
Observable Inputs
(Level 2)
 
Significant
Unobservable  Inputs
(Level 3)
Money market investments
$
192,417

 
$
192,417

 
$

 
$

Derivative assets
2,052

 
1,467

 
585

 

Nonqualified benefit plan assets *
54,208

 
54,208

 

 

Derivative liabilities
2,867

 
2,051

 
816

 

Nonqualified benefit plan liabilities *
75,561

 

 
75,561

 

 
 
 
 
Fair Value Measurements at Reporting Date Using
(in thousands)
August 31,
2012
 
Quoted Prices in
Active Markets  for
Identical Assets
(Level 1)
 
Significant  Other
Observable  Inputs
(Level 2)
 
Significant
Unobservable  Inputs
(Level 3)
Money market investments
$
172,462

 
$
172,462

 
$

 
$

Derivative assets
1,875

 
407

 
1,468

 

Nonqualified benefit plan assets *
52,929

 
52,929

 

 

Derivative liabilities
3,547

 
993

 
2,554

 

Nonqualified benefit plan liabilities *
76,952

 

 
76,952

 

 _________________ 
*
The Company provides a nonqualified benefit restoration plan to certain eligible executives equal to amounts that would have been available under tax qualified Employee Retirement Income Security Act ("ERISA") plans but for limitations of ERISA, tax laws and regulations. Though under no obligation to fund this plan, the Company has segregated assets in a trust. The plan assets and liabilities consist of securities included in various mutual funds.