DERIVATIVES (Tables)

3 Months Ended

Nov. 30, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Commodity contract commitments

The following table provides information regarding the Company's commodity contract commitments at November 30, 2022:

Commodity	Long/Short	Total
Aluminum	Long	2,025	MT
Aluminum	Short	1,425	MT
Copper	Long	374	MT
Copper	Short	8,550	MT
Electricity	Long	3,051,000	MW(h)
Natural Gas	Long	5,230,350	MMBtu

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MT = Metric Ton

MW(h) = Megawatt hour

MMBtu = Metric Million British thermal unit

Derivative instruments, gain (loss)

The following tables summarize activities related to the Company's derivative instruments and hedged items recognized in the condensed consolidated statements of earnings. All other activity related to the Company's derivative instruments and hedged items was immaterial for the periods presented.

		Three Months Ended November 30,
Gain (Loss) on Derivatives Not Designated as Hedging Instruments (in thousands)	Primary Location	2022		2021
Commodity	Cost of goods sold	$	(3,085)	$	2,746
Foreign exchange	SG&A expenses	3,462		(7,995)

Effective Portion of Derivatives Designated as Cash Flow Hedging Instruments Recognized in Accumulated Other Comprehensive Loss (in thousands)	Three Months Ended November 30,
	2022		2021
Commodity	$	68,039	$	22,175