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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
12 Months Ended
Aug. 31, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of accumulated other comprehensive income (loss)
Accumulated other comprehensive income (loss), net of income taxes, was 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 September 1, 2011
 
$
58,937

 
$
4,677

 
$
(4,141
)
 
$
59,473

Other comprehensive loss before reclassifications
 
(71,631
)
 
(1,545
)
 
(410
)
 
(73,586
)
Amounts reclassified from AOCI
 
(4,675
)
 
578

 
74

 
(4,023
)
Net other comprehensive loss
 
(76,306
)
 
(967
)
 
(336
)
 
(77,609
)
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
)
Other comprehensive income (loss) before reclassifications
 
7,586

 
(1,848
)
 
(489
)
 
5,249

Amounts reclassified from AOCI
 

 
1,268

 
1,150

 
2,418

Net other comprehensive income (loss)
 
7,586

 
(580
)
 
661

 
7,667

Balance at August 31, 2014
 
$
(19,891
)
 
$
3,014

 
$
(2,632
)
 
$
(19,509
)

Schedule of reclassification out of accumulated other comprehensive income (loss)
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:
 
 
 
 
Year Ended August 31,
Components of AOCI (in thousands)
 
Location
 
2014
 
2013
 
2012
Foreign currency translation adjustments and other:
 

 


 


 


Reclassification for translation gain realized upon sale of investments in foreign entities
 
SG&A expenses
 

 

 
$
4,675

Unrealized gain (loss) on derivatives:
 

 


 


 


Commodity
 
Cost of goods sold
 
$
(160
)
 
$
(260
)
 
$
43

Foreign exchange
 
Net sales
 
(232
)
 
60

 
(1,072
)
Foreign exchange
 
Cost of goods sold
 
(1,698
)
 

 

Foreign exchange
 
SG&A expenses
 
53

 
48

 
(516
)
Interest rate
 
Interest expense
 
532

 
617

 
835


 

 
(1,505
)
 
465

 
(710
)
Income tax effect
 
Income taxes (expense) benefit
 
237

 
(128
)
 
132

Net of income taxes
 

 
$
(1,268
)
 
$
337

 
$
(578
)
Defined benefit obligation:
 

 


 


 


Amortization of net gain (loss)
 
SG&A expenses
 
$
(1,604
)
 
$
(252
)
 
$
(228
)
Amortization of prior service credit (cost)
 
SG&A expenses
 
289

 
208

 
17

Adjustment from plan changes
 
SG&A expenses
 

 

 
125


 

 
(1,315
)
 
(44
)
 
(86
)
Income tax effect
 
Income taxes (expense) benefit
 
165

 
7

 
12

Net of income taxes
 

 
$
(1,150
)
 
$
(37
)
 
$
(74
)
Amounts in parentheses reduce earnings.