Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Aug. 31, 2013

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated other comprehensive income (loss)

NOTE 3. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Accumulated other comprehensive income (loss), net of taxes, is comprised of the following:

(in thousands)	Foreign Currency Translation			Unrealized Gain (Loss) on Derivatives			Defined Benefit Obligation			Total Accumulated Other Comprehensive Income (Loss)
Balance at August 31, 2012	$	(17,369	)	$	3,710		$	(4,477	)	$	(18,136	)
Other comprehensive income (loss) before reclassifications	(10,108		)	221			1,147			(8,740		)
Amounts reclassified from AOCI	—			(337		)	37			(300		)
Net other comprehensive income (loss)	(10,108		)	(116		)	1,184			(9,040		)
Balance at August 31, 2013	$	(27,477	)	$	3,594		$	(3,293	)	$	(27,176	)

The significant items reclassified out of accumulated other comprehensive income (loss) and the corresponding line items in the consolidated statements of operations to which the items were reclassified were as follows for the year ended August 31, 2013:

Components of AOCI	Location	(in thousands)
Unrealized gain (loss) on derivatives:
Commodity	Cost of goods sold	$	(260	)
Foreign exchange	Net sales	60
Foreign exchange	SG&A expenses	48
Interest rate	Interest expense	617
		465
Income tax effect	Income tax (expense) benefit	(128		)
Net of income taxes		$	337
Defined benefit obligation:
Amortization of net gain (loss)	SG&A expenses	$	(252	)
Amortization of prior service credit (cost)	SG&A expenses	208
		(44		)
Income tax effect	Income tax (expense) benefit	7
Net of income taxes		$	(37	)

Amounts in parentheses reduce income.