XML 37 R26.htm IDEA: XBRL DOCUMENT v3.8.0.1
SALES OF ACCOUNTS RECEIVABLE (Tables)
6 Months Ended
Feb. 28, 2018
Transfers and Servicing [Abstract]  
Activity of the deferred purchase price receivables
The following tables summarize the activity of the deferred purchase price receivables for the U.S. and international sale of trade accounts receivable programs.


 
 
Three Months Ended February 28, 2018
(in thousands)
 
Total
 
U.S.*
 
Poland
Beginning balance
 
$
293,376

 
$
221,034

 
$
72,342

Transfers of accounts receivable
 
689,004

 
551,757

 
137,247

Collections
 
(646,168
)
 
(527,907
)
 
(118,261
)
Ending balance
 
$
336,212

 
$
244,884

 
$
91,328

*Includes the sale of trade accounts receivable activities related to the U.S.-based operations of International Marketing and Distribution that are in discontinued operations, including transfers of trade accounts receivable of $40.6 million and collections of $105.8 million for the three months ended February 28, 2018.

 
 
Six Months Ended February 28, 2018
(in thousands)
 
Total
 
U.S.*
 
Poland
Beginning balance
 
$
215,123

 
$
135,623

 
$
79,500

Transfers of accounts receivable
 
1,345,646

 
1,087,650

 
257,996

Collections
 
(1,224,557
)
 
(978,389
)
 
(246,168
)
Ending balance
 
$
336,212

 
$
244,884

 
$
91,328


*Includes the sale of trade accounts receivable activities related to the U.S.-based operations of International Marketing and Distribution that are in discontinued operations, including transfers of trade accounts receivable of $136.7 million and collections of $196.0 million for the six months ended February 28, 2018.

 
 
Three Months Ended February 28, 2017
(in thousands)
 
Total
 
U.S.*
 
 
Poland
Beginning balance
 
$
261,521

 
$
215,717

 
 
$
45,804

Transfers of accounts receivable
 
643,478

 
561,010

 
 
82,468

Collections
 
(592,553
)
 
(518,008
)
 
 
(74,545
)
Ending balance
 
$
312,446

 
$
258,719

 
 
$
53,727


*Includes the sale of trade accounts receivable activities related to the U.S.-based operations of International Marketing and Distribution that are in discontinued operations, including transfers of trade accounts receivable of $128.8 million and collections of $104.5 million for the three months ended February 28, 2017.
 
 
Six Months Ended February 28, 2017
(in thousands)
 
Total
 
U.S.*
 
Australia**
 
Poland
Beginning balance
 
$
289,748

 
$
212,762

 
$
26,662

 
$
50,324

Transfers of accounts receivable
 
1,200,442

 
1,031,155

 
16,914

 
152,373

Collections
 
(1,143,827
)
 
(985,198
)
 
(9,659
)
 
(148,970
)
     Program termination
 
(33,917
)
 

 
(33,917
)
 

Ending balance
 
$
312,446

 
$
258,719

 
$

 
$
53,727

 _________________ 
* Includes the sale of trade accounts receivable activities related to the U.S.-based operations of International Marketing and Distribution that are in discontinued operations, including transfers of trade accounts receivable of $221.3 million and collections of $201.9 million for the six months ended February 28, 2017.
**
All Australia trade accounts receivable activities are related to discontinued operations as of February 28, 2017.