Fair Value Measures (Tables)

12 Months Ended

Aug. 31, 2012

Year 2012

Assets and Liabilities Measured at Fair Value on Recurring Basis

Assets and liabilities measured at fair value on a recurring basis as of August 31, 2012 are:

(In thousands)	Total		Level 1		Level 2(1)		Level 3
Assets:
Derivative financial instruments	$	2,844	$	–	$	2,844	$	–
Nonqualified savings plan investments		6,667		6,667		–		–
Cash equivalents		1,002		1,002		–		–
	$	10,513	$	7,669	$	2,844	$	–
Liabilities:
Derivative financial instruments	$	3,145	$	–	$	3,145	$	–

⁽¹⁾  Level 2 assets include derivative financial instruments which are valued based on significant observable inputs. See Note 15 Derivative Instruments for further discussion.

Assets or Liabilities Measured at Fair Value on Nonrecurring Basis

Assets or liabilities measured at fair value on a nonrecurring basis as of August 31, 2012 are:

(In thousands)	Total		Level 1		Level 2		Level 3
Assets:
Goodwill	$	137,066	$	–	$	–	$	137,066

Year 2011

Assets and Liabilities Measured at Fair Value on Recurring Basis

Assets and liabilities measured at fair value on a recurring basis as of August 31, 2011 are:

(In thousands)	Total		Level 1		Level 2(1)		Level 3
Assets:
Derivative financial instruments	$	–	$	–	$	–	$	–
Nonqualified savings plan investments		6,326		6,326		–		–
Cash equivalents		4,561		4,561		–		–
	$	10,887	$	10,887	$	–	$	–
Liabilities:
Derivative financial instruments	$	7,759	$	–	$	7,759	$	–

⁽²⁾  Level 2 assets include derivative financial instruments which are valued based on significant observable inputs. See Note 15 Derivative Instruments for further discussion.

Assets or Liabilities Measured at Fair Value on Nonrecurring Basis

Assets or liabilities measured at fair value on a nonrecurring basis as of August 31, 2012 are:

(In thousands)	Total		Level 1		Level 2		Level 3
Assets:
Goodwill	$	137,066	$	–	$	–	$	137,066