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INCOME TAX (Reconciliation of Federal Statutory Rate to Effective Tax Rate from Continuing Operations) (Details) - USD ($)
$ in Thousands
12 Months Ended
Aug. 31, 2016
Aug. 31, 2015
Aug. 31, 2014
Income Tax Disclosure [Abstract]      
Income tax expense at statutory rate of 35% $ 29,818 $ 51,091 $ 57,735
State and local taxes 2,095 2,152 116
Section 199 manufacturing deduction (4,694) (4,017) (1,199)
Foreign rate differential (2,015) (2,404) (6,290)
Foreign tax impairment on valuation of subsidiaries (60,204) 0 0
Change in valuation allowance 70,784 12,305 19,978
Deferred compensation (1,375) 772 (4,164)
Nontaxable foreign interest (16,063) (16,712) (16,506)
Audit settlement (10,264) 0 0
Other 4,565 3,657 (2,319)
Income tax expense on continuing operations $ 12,647 $ 46,844 $ 47,351
Effective income tax rates from continuing operations 14.80% 32.10% 28.70%