ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

12 Months Ended

Aug. 31, 2015

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 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, 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		)
Other comprehensive loss before reclassifications	(83,063		)	(2,467		)	(169		)	(85,699		)
Amounts reclassified from AOCI	(10,127		)	1,758			42			(8,327		)
Net other comprehensive loss	(93,190		)	(709		)	(127		)	(94,026		)
Balance at August 31, 2015	$	(113,081	)	$	2,305		$	(2,759	)	$	(113,535	)

The significant items reclassified out of accumulated other comprehensive income (loss) and the corresponding line items in the consolidated statements of earnings to which the items were reclassified were as follows:

		Year Ended August 31,
Components of AOCI (in thousands)	Location	2015			2014			2013
Foreign currency translation adjustments and other:
Translation gain realized upon sale of investment in foreign entity	Loss from discontinued operations before income taxes	$	10,127		$	—		$	—
Unrealized gain (loss) on derivatives:
Commodity	Cost of goods sold	$	(665	)	$	(160	)	$	(260	)
Foreign exchange	Net sales	124			(232		)	60
Foreign exchange	Cost of goods sold	(2,774		)	(1,698		)	—
Foreign exchange	SG&A expenses	76			53			48
Interest rate	Interest expense	532			532			617
		(2,707		)	(1,505		)	465
Income tax effect	Income taxes (expense) benefit	949			237			(128		)
Net of income taxes		$	(1,758	)	$	(1,268	)	$	337
Defined benefit obligation:
Amortization of net loss	SG&A expenses	$	(134	)	$	(1,604	)	$	(252	)
Amortization of prior service credit	SG&A expenses	71			289			208
		(63		)	(1,315		)	(44		)
Income tax effect	Income taxes (expense) benefit	21			165			7
Net of income taxes		$	(42	)	$	(1,150	)	$	(37	)

Amounts in parentheses reduce earnings.