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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
9 Months Ended
May 31, 2023
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of accumulated other comprehensive income (loss)
The following tables reflect the changes in accumulated other comprehensive income (loss) ("AOCI"):
Three Months Ended May 31, 2023
(in thousands)Foreign Currency TranslationDerivativesDefined Benefit ObligationTotal AOCI
Balance, March 1, 2023$(192,840)$222,411 $(5,075)$24,496 
Other comprehensive income (loss) before reclassifications
42,723 (14,686)(146)27,891 
Reclassification for gain (1)
— (319)— (319)
Income tax benefit
— 2,862 52 2,914 
Net other comprehensive income (loss)
42,723 (12,143)(94)30,486 
Balance, May 31, 2023$(150,117)$210,268 $(5,169)$54,982 
Nine Months Ended May 31, 2023
(in thousands)Foreign Currency TranslationDerivativesDefined Benefit ObligationTotal AOCI
Balance, September 1, 2022$(245,897)$138,242 $(6,796)$(114,451)
Other comprehensive income before reclassifications
95,780 98,542 1,533 195,855 
Reclassification for gain (1)
— (10,055)— (10,055)
Income tax (expense) benefit
— (16,461)94 (16,367)
Net other comprehensive income
95,780 72,026 1,627 169,433 
Balance, May 31, 2023$(150,117)$210,268 $(5,169)$54,982 
Three Months Ended May 31, 2022
(in thousands)Foreign Currency TranslationDerivativesDefined Benefit ObligationTotal AOCI
Balance, March 1, 2022$(159,829)$68,886 $(933)$(91,876)
Other comprehensive income (loss) before reclassifications
(14,668)32,302 (7)17,627 
Reclassification for gain (1)
— (6,342)— (6,342)
Income tax (expense) benefit
— (5,140)(5,139)
Net other comprehensive income (loss)
(14,668)20,820 (6)6,146 
Balance, May 31, 2022$(174,497)$89,706 $(939)$(85,730)
Nine Months Ended May 31, 2022
(in thousands)Foreign Currency TranslationDerivativesDefined Benefit ObligationTotal AOCI
Balance, September 1, 2021$(105,680)$21,781 $(921)$(84,820)
Other comprehensive income (loss) before reclassifications
(68,817)100,820 (23)31,980 
Reclassification for gain (1)
— (16,667)— (16,667)
Income tax (expense) benefit
— (16,228)(16,223)
Net other comprehensive income (loss)
(68,817)67,925 (18)(910)
Balance, May 31, 2022$(174,497)$89,706 $(939)$(85,730)
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(1) Reclassifications for gains on derivatives included in net earnings are recorded in cost of goods sold in the condensed consolidated statements of earnings.