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Fair Value (Tables)
6 Months Ended
Feb. 29, 2012
Fair Value [Abstract]  
Financial Assets And Financial Liabilities Measured At Fair Value On Recurring Basis

 

 

Fair Value Measurements at Reporting Date Using

 

(in thousands)

 

February 29,
2012

 

Quoted Prices in
Active  Markets for
Identical Assets
(Level 1)

 

Significant Other
Observable  Inputs
(Level 2)

 

Significant
Unobservable  Inputs
(Level 3)

 

Money market investments             

$   138,041   

$           138,041  

$                     —   

$                      —   

Derivative assets 

        62,697   

                  2,285  

                 60,412 

                         —   

Nonqualified benefit plan assets *  

        52,815   

                52,815  

                       —   

                         —   

Derivative liabilities            

          7,939   

                  3,679  

                   4,260 

                         —   

Nonqualified benefit plan liabilities *

        82,887   

                      —    

                 82,887 

                         —   

 

 

 

 

 

Fair Value Measurements at Reporting Date Using

 

(in thousands)

 

August 31,
2011

 

Quoted Prices in
Active Markets for
Identical Assets
(Level 1)

 

Significant Other
Observable Inputs
(Level 2)

 

Significant
Unobservable Inputs
(Level 3)

 

Money market investments             

$   153,839   

$           153,839  

$                     —   

$                      —   

Derivative assets 

        52,858   

                  2,329  

                 50,529 

                         —   

Nonqualified benefit plan assets *  

        49,357   

                49,357  

                       —   

                         —   

Derivative liabilities            

          5,688   

                  2,625  

                   3,063 

                         —   

Nonqualified benefit plan liabilities *

        81,167   

                      —    

                 81,167 

                         —   

 

*         The Company provides a nonqualified benefit restoration plan to certain eligible executives equal to amounts that would have been available under tax qualified ERISA plans but for limitations of ERISA, tax laws and regulations. Though under no obligation to fund this plan, the Company has segregated assets in a trust. The plan assets and liabilities consist of securities included in various mutual funds.