Derivative Instruments (Tables)

9 Months Ended

May 31, 2013

Fair Values of Derivative Instruments


	Asset Derivatives					Liability Derivatives
	Balance sheet	May 31, 2013		August 31, 2012		Balance sheet	May 31, 2013		August 31, 2012
(In thousands)	location	Fair Value		Fair Value		location	Fair Value		Fair Value
Derivatives designated as hedging instruments
Foreign forward exchange contracts	Accounts receivable	$	1,058	$	2,703	Accounts payable and accrued liabilities	$	723	$	182
Interest rate swap contract	Other assets		—		—	Accounts payable and accrued liabilities		1,659		2,861

		$	1,058	$	2,703		$	2,382	$	3,043

Derivatives not designated as hedging instruments
Foreign forward exchange contracts	Accounts receivable	$	184	$	141	Accounts payable and accrued liabilities	$	113	$	102

Effect of Derivative Instruments on Statement of Operations

The Effect of Derivative Instruments on the Statement of Operations


Derivatives in cash flow hedging relationships	Location of gain (loss) recognized in income on derivative		Loss recognized in income on derivative nine months ended
			May 31, 2013			May 31, 2012
Foreign forward exchange contracts		Interest and foreign exchange	$	(108	)	$	(144	)


Derivatives in cash flow hedging relationships	Loss recognized in OCI on derivatives (effective portion) nine months ended						Location of gain (loss) reclassified from accumulated OCI into income	Gain (loss) reclassified from accumulated OCI into income (effective portion) nine months ended						Location of gain in income on derivative (ineffective portion and amount excluded from effectiveness testing)	Gain recognized on derivative (ineffective portion and amount excluded from effectiveness testing) nine months ended
	5/31/13			5/31/12				5/31/13			5/31/12				5/31/13		5/31/12
Foreign forward exchange contracts	$	(997	)	$	(3,345	)	Revenue	$	1,927		$	(3,917	)	Interest and foreign exchange	$	2,088	$	—
Interest rate swap contract		(47	)		(2,503	)	Interest and foreign exchange		(1,250	)		(1,266	)	Interest and foreign exchange		—		—

	$	(1,044	)	$	(5,848	)		$	677		$	(5,183	)		$	2,088	$	—

- Definition

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

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- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

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