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Derivatives And Risk Management (Tables)
6 Months Ended
Feb. 29, 2012
Derivatives And Risk Management [Abstract]  
Commodity Contract Commitments
Derivatives Not Designated As Hedging Instruments

 

 

 

 

 

 

 

 

 

 

             ____Three Months Ended____

   February 29,       February 28,

              _____Six Months Ended______

   February 29,       February 28,

Derivatives Not Designated as Hedging  Instruments

              Location            

        2012      

        2011      

        2012      

        2011      

Commodity

Cost of goods sold

   $   (3,336)

   $   (5,754)

  $         241

   $ (16,040)

Foreign exchange

Net sales

              (73)

               14

             (181)

                (4)

Foreign exchange

Cost of goods sold

            (304)

             289

             (537)

             869

Foreign exchange

SG&A expenses

         6,465

         2,485

            (694)

           (839)

Gain (loss) before taxes

 

   $    2,752

   $   (2,966)

  $     (1,171)

   $ (16,014)

Derivatives Designated As Fair Value Hedging Instruments

 

 

 

 

 

 

 

 

 

 

             ____Three Months Ended____

   February 29,       February 28,

              _____Six Months Ended______

   February 29,       February 28,

Derivatives Designated as Fair Value Hedging  Instruments

           Location         

        2012      

        2011      

        2012      

        2011      

Foreign exchange

SG&A expenses

  $     (4,120)

  $        (888)

   $   (1,550)

   $   (8,775)

Interest rate

Interest expense

        15,969

       (15,315)

       17,174

         6,240

Gain (loss) before taxes

 

  $    11,849

  $  (16,203)

   $  15,624

   $   (2,535)

Hedged (Underlying) Items Designated As Fair Value Hedging Instruments

 

 

 

 

 

 

 

Hedged (Underlying)

 

 

             ____Three Months Ended____

   February 29,       February 28,

              _____Six Months Ended______

   February 29,       February 28,

Items Designated as Fair Value Hedging  Instruments

           Location         

        2012      

        2011      

        2012      

        2011      

Foreign exchange

Net sales

   $          

   $          11

   $         

   $          49

Foreign exchange

SG&A expenses

          4,120

             884

          1,550

          8,732

Interest rate

Interest expense

      (15,969)

        15,314

      (17,174)

        (6,241)

Gain (loss) before taxes

 

   $ (11,849)

   $  16,209

   $ (15,624)

   $    2,540

Effective Portion Of Derivatives Designated As Cash Flow Hedging Instruments Recognized In Accumulated Other Comprehensive Income (Loss)

 

 

 

 

 

 

Effective Portion of Derivatives Designated as Cash Flow

             ____Three Months Ended____

   February 29,       February 28,

              _____Six Months Ended______

   February 29,       February 28,

Hedging Instruments Recognized in Accumulated  Other Comprehensive Income (Loss)

        2012      

        2011      

        2012      

        2011      

Commodity

      $     44

      $  355

      $        19

      $  392

Foreign exchange

         (467)

           154

        (1,628)

           171

Gain (loss), net of taxes

      $ (423)

      $  509

      $ (1,609)

      $  563

Effective Portion Of Derivatives Designated As Cash Flow Hedging Instruments Reclassified from Accumulated Other Comprehensive Income (Loss)

 

 

 

 

 

 

Effective Portion of Derivatives Designated as Cash Flow

Hedging Instruments Reclassified from Accumulated

 

 

             ____Three Months Ended____

   February 29,       February 28,

              _____Six Months Ended______

   February 29,       February 28,

Other Comprehensive Income (Loss)

              Location            

        2012      

        2011      

        2012      

        2011      

Commodity

Cost of goods sold

      $     28

      $     53

      $        15

      $   (30)

Foreign exchange

Net sales

            (36)

            

        (1,193)

            

Foreign exchange

SG&A expenses

            (97)

             33

           (161)

             66

Interest rate

Interest expense

           102

           115

             203

           229

Gain (loss), net of taxes

 

      $      (3)

      $  201

      $ (1,136)

      $  265

Derivative Assets

 

 

 

Derivative Assets

 

February 29, 2012

 

August 31, 2011

 

Commodity — designated               

$                     46   

$                 17   

Commodity — not designated        

                  2,285   

             2,329   

Foreign exchange — designated      

                     275   

                 893   

Foreign exchange — not designated               

                  5,013   

                 970   

Current interest rate — designated  

               18,266   

           19,134   

Long-term interest rate — designated            

               36,812   

           29,515   

 

 

 

Derivative assets (other current assets and other assets)*

$             62,697   

$         52,858   

 

 

 

Derivative Liabilities

Derivative Liabilities

 

February 29, 2012

 

August 31, 2011

 

Commodity — not designated        

$                3,751   

$           2,625   

Foreign exchange — designated      

                  2,567   

                 805   

Foreign exchange — not designated               

                  1,621   

             2,258   

 

 

 

Derivative liabilities (accrued expenses, other payables and long-term liabilities)*            

$                7,939   

$           5,688   

 

 

 

 

*         Derivative assets and liabilities do not include the hedged (underlying) items designated as fair value hedges.