ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

12 Months Ended

Aug. 31, 2016

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

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

NOTE 3. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Accumulated other comprehensive loss ("AOCI"), 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, 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		)
Other comprehensive income (loss) before reclassifications	(11,771		)	1,618			(132		)	(10,285		)
Amounts reclassified from AOCI	12,597			(1,737		)	46			10,906
Net other comprehensive income (loss)	826			(119		)	(86		)	621
Balance at August 31, 2016	$	(112,255	)	$	2,186		$	(2,845	)	$	(112,914	)

The significant items reclassified out of accumulated other comprehensive 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	2016			2015			2014
Foreign currency translation adjustments and other:
Translation gain (loss) realized upon sale of investment in foreign entity	Loss from discontinued operations before income taxes	$	(12,597	)	$	10,127		$	—
Unrealized gain (loss) on derivatives:
Commodity	Cost of goods sold	$	(493	)	$	(665	)	$	(160	)
Foreign exchange	Net sales	(380		)	124			(232		)
Foreign exchange	Cost of goods sold	2,283			(2,774		)	(1,698		)
Foreign exchange	SG&A expenses	291			76			53
Interest rate	Interest expense	532			532			532
		2,233			(2,707		)	(1,505		)
Income tax effect	Income taxes	(496		)	949			237
Net of income taxes		$	1,737		$	(1,758	)	$	(1,268	)
Defined benefit obligation:
Amortization of net loss	SG&A expenses	$	(140	)	$	(134	)	$	(1,604	)
Amortization of prior service credit	SG&A expenses	72			71			289
		(68		)	(63		)	(1,315		)
Income tax effect	Income taxes	22			21			165
Net of income taxes		$	(46	)	$	(42	)	$	(1,150	)

Amounts in parentheses reduce earnings.