Accumulated Other Comprehensive Loss

6 Months Ended

Feb. 29, 2024

Equity [Abstract]

Accumulated Other Comprehensive Loss

Note 9 – Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss, net of tax effect as appropriate, consisted of the following:

(in millions)	Unrealized Gain (Loss) on Derivative Financial Instruments			Foreign Currency Translation Adjustment			Other			Accumulated Other Comprehensive Loss
Balance, August 31, 2023	$	27.0		$	(32.1	)	$	(2.2	)	$	(7.3	)
Other comprehensive gain before reclassifications		7.1			(1.8	)		0.6			5.9
Amounts reclassified from Accumulated other    comprehensive loss		(7.5	)		—			—			(7.5	)
Balance, February 29, 2024	$	26.6		$	(33.9	)	$	(1.6	)	$	(8.9	)

The amounts reclassified out of Accumulated other comprehensive loss into the Condensed Consolidated Statements of Income, with financial statement caption, were as follows:

	Three Months Ended
(in millions)	February 29, 2024			February 28, 2023			Financial Statement Caption
(Gain) loss on derivative financial instruments:
Foreign exchange contracts	$	(0.8	)	$	0.1		Revenue and Cost of revenue
Interest rate swap contracts		(4.2	)		(2.4	)	Interest and foreign exchange
		(5.0	)		(2.3	)
		1.0			0.7		Income tax expense
	$	(4.0	)	$	(1.6	)

	Six Months Ended
(in millions)	February 29, 2024			February 28, 2023			Financial Statement Caption
(Gain) loss on derivative financial instruments:
Foreign exchange contracts	$	(0.9	)	$	0.3		Revenue and Cost of revenue
Interest rate swap contracts		(8.5	)		(3.4	)	Interest and foreign exchange
		(9.4	)		(3.1	)
		1.9			1.0		Income tax expense
	$	(7.5	)	$	(2.1	)