ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

12 Months Ended

Aug. 31, 2021

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

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

NOTE 3. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Accumulated other comprehensive income (loss) ("AOCI") was comprised of the following:

(in thousands)	Foreign Currency Translation		Unrealized Gain (Loss) on Derivatives		Defined Benefit Obligation		Total AOCI
Balance at September 1, 2018	$	(92,637)	$	1,356	$	(2,396)	$	(93,677)
Other comprehensive loss before reclassifications	(29,718)		(7)		(3,346)		(33,071)
Reclassification for (gain) loss	857		(301)		1,666		2,222
Income tax benefit	—		58		342		400
Net other comprehensive loss	(28,861)		(250)		(1,338)		(30,449)
Balance at August 31, 2019	(121,498)		1,106		(3,734)		(124,126)
Other comprehensive income (loss) before reclassifications	33,559		(14,983)		(952)		17,624
Reclassification for (gain) loss	6		(375)		—		(369)
Income tax benefit	—		2,918		189		3,107
Net other comprehensive income (loss)	33,565		(12,440)		(763)		20,362
Balance at August 31, 2020	(87,933)		(11,334)		(4,497)		(103,764)
Other comprehensive income (loss) before reclassifications	(17,747)		42,233		4,522		29,008
Reclassification for gain	—		(2,826)		—		(2,826)
Income tax expense	—		(6,292)		(946)		(7,238)
Net other comprehensive income (loss)	(17,747)		33,115		3,576		18,944
Balance at August 31, 2021	$	(105,680)	$	21,781	$	(921)	$	(84,820)

The items reclassified out of AOCI were not material for 2021, 2020 and 2019.