ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

9 Months Ended

May 31, 2016

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

Accumulated other comprehensive income (loss)

NOTE 2. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following tables reflect the changes in accumulated other comprehensive income (loss) ("AOCI"), net of income taxes:

	Three Months Ended May 31, 2016
(in thousands)	Foreign Currency Translation			Unrealized Gain (Loss) on Derivatives			Defined Benefit Obligation			Total AOCI
Balance, February 29, 2016	$	(130,865	)	$	2,616		$	(2,762	)	$	(131,011	)
Other comprehensive income (loss) before reclassifications	3,817			(16		)	—			3,801
Amounts reclassified from AOCI	—			32			(2		)	30
Net other comprehensive income (loss)	3,817			16			(2		)	3,831
Balance, May 31, 2016	$	(127,048	)	$	2,632		$	(2,764	)	$	(127,180	)
	Nine Months Ended May 31, 2016
(in thousands)	Foreign Currency Translation			Unrealized Gain (Loss) on Derivatives			Defined Benefit Obligation			Total AOCI
Balance at August 31, 2015	$	(113,081	)	$	2,305		$	(2,759	)	$	(113,535	)
Other comprehensive income (loss) before reclassifications	(13,967		)	469			—			(13,498		)
Amounts reclassified from AOCI	—			(142		)	(5		)	(147		)
Net other comprehensive income (loss)	(13,967		)	327			(5		)	(13,645		)
Balance, May 31, 2016	$	(127,048	)	$	2,632		$	(2,764	)	$	(127,180	)

	Three Months Ended May 31, 2015
(in thousands)	Foreign Currency Translation			Unrealized Gain (Loss) on Derivatives			Defined Benefit Obligation			Total AOCI
Balance, February 28, 2015	$	(91,154	)	$	1,355		$	(2,630	)	$	(92,429	)
Other comprehensive income (loss) before reclassifications	(4,588		)	54			—			(4,534		)
Amounts reclassified from AOCI	—			804			(3		)	801
Net other comprehensive income (loss)	(4,588		)	858			(3		)	(3,733		)
Balance, May 31, 2015	$	(95,742	)	$	2,213		$	(2,633	)	$	(96,162	)
	Nine Months Ended May 31, 2015
(in thousands)	Foreign Currency Translation			Unrealized Gain (Loss) on Derivatives			Defined Benefit Obligation			Total AOCI
Balance at August 31, 2014	$	(19,891	)	$	3,014		$	(2,632	)	$	(19,509	)
Other comprehensive income (loss) before reclassifications	(75,851		)	(2,371		)	8			(78,214		)
Amounts reclassified from AOCI	—			1,570			(9		)	1,561
Net other comprehensive loss	(75,851		)	(801		)	(1		)	(76,653		)
Balance, May 31, 2015	$	(95,742	)	$	2,213		$	(2,633	)	$	(96,162	)

The significant items reclassified out of AOCI and the corresponding line items in the condensed consolidated statements of earnings to which the items were reclassified were as follows:

		Three Months Ended May 31,						Nine Months Ended May 31,
Components of AOCI (in thousands)	Location	2016			2015			2016			2015
Unrealized gain (loss) on derivatives:
Commodity	Cost of goods sold	$	(263	)	$	(269	)	$	(373	)	$	(429	)
Foreign exchange	Net sales	(168		)	(111		)	(561		)	(37		)
Foreign exchange	Cost of goods sold	223			(1,044		)	641			(2,447		)
Foreign exchange	SG&A expenses	53			17			123			57
Interest rate	Interest expense	134			134			400			400
		(21		)	(1,273		)	230			(2,456		)
Income tax effect	Income taxes benefit (expense)	(11		)	469			(88		)	886
Net of income taxes		$	(32	)	$	(804	)	$	142		$	(1,570	)
Defined benefit obligation:
Amortization of prior services	SG&A expenses	$	2		$	4		$	6		$	11
Income tax effect	Income taxes expense	—			(1		)	(1		)	(2		)
Net of income taxes		$	2		$	3		$	5		$	9

Amounts in parentheses reduce earnings.