XML 16 R39.htm IDEA: XBRL DOCUMENT v2.4.0.8
Fair Value Measurements (Tables)
12 Months Ended
Aug. 31, 2014
Fair Value Disclosures [Abstract]  
Fair Value Measurements, Recurring and Nonrecurring
The following table presents information about the Company’s assets and liabilities measured at fair value as of August 31, 2014 and 2013, and indicates the fair value hierarchy of the valuation techniques utilized by the Company and the type of measurement.

(in thousands)
Assets (Liabilities) at Fair Value
 
Fair Value Measurement Level
 
Type of Measurement
 
Balance Sheet Classification
 
August 31, 2014
 
August 31, 2013
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
 
 
Assets held for sale
$

 
$
2,902

 
Level 3
 
Non-recurring
 
Prepaid expenses and other current assets
Investment in joint venture partnership

 
3,261

 
Level 3
 
Non-recurring
 
Investments in joint venture partnerships
Foreign currency exchange forward contracts
202

 

 
Level 2
 
Recurring
 
Prepaid expenses and other current assets
Total assets
$
202

 
$
6,163

 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
 
Contract termination costs
$

 
$
(1,672
)
 
Level 3
 
Non-recurring
 
Other accrued liabilities and Other long-term liabilities
Foreign currency exchange forward contracts
(46
)
 

 
Level 2
 
Recurring
 
Other accrued liabilities
Total liabilities
$
(46
)
 
$
(1,672
)