CREDIT ARRANGEMENTS (Tables)

12 Months Ended

Aug. 31, 2017

Debt Disclosure [Abstract]

Long-term debt, including the deferred gain from the termination of the interest rate swaps

Long-term debt, which as of August 31, 2016 included the deferred gain from the termination of the interest rate swaps, was as follows:

	Weighted Average Interest Rate as of August 31, 2017	August 31,
(in thousands)		2017		2016
2027 Notes	5.375%	$	300,000	$	—
2023 Notes	4.875%	330,000		330,000
Term Loan (Due 2022)	2.804%	150,000		—
2018 Notes	6.400%	—		408,874
2017 Notes	5.740%	—		302,601
Other, including equipment notes		52,077		34,166
Total long-term debt		832,077		1,075,641
Less: Debt issuance costs		7,315		4,224
Total long-term debt outstanding		824,762		1,071,417
Less: Current maturities of long-term debt		19,182		313,469
Long-term debt		$	805,580	$	757,948

Scheduled maturities of the Company's long-term debt

The scheduled maturities of the Company's long-term debt are as follows:

Year Ending August 31,	(in thousands)
2018	$	19,182
2019	18,276
2020	13,560
2021	10,648
2022	122,346
Thereafter	648,065
Total long-term debt	832,077
Less: Debt issuance costs	7,315
Total long-term debt outstanding	$	824,762