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Fair Value Measures (Tables)
9 Months Ended
May 31, 2013
Assets and Liabilities Measured at Fair Value on Recurring Basis

Assets and liabilities measured at fair value on a recurring basis as of May 31, 2013 are:

 

(In thousands)    Total      Level 1      Level 2 (1)      Level 3  

Assets:

           

Derivative financial instruments

   $ 1,242       $ —         $ 1,242       $ —     

Nonqualified savings plan investments

     7,981         7,981         —           —     

Cash equivalents

     1,004         1,004         —           —     
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 10,227       $ 8,985       $ 1,242       $ —     
  

 

 

    

 

 

    

 

 

    

 

 

 

Liabilities:

           

Derivative financial instruments

   $ 2,495       $ —         $ 2,495       $ —     

 

(1) Level 2 assets and liabilities include derivative financial instruments which are valued based on observable inputs. See note 13 Derivative Instruments for further discussion.

 

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

 

(In thousands)    Total      Level 1      Level 2      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       $ —     
Assets or Liabilities Measured at Fair Value on Nonrecurring Basis

Assets or liabilities measured at fair value on a nonrecurring basis as of May 31, 2013 are:

 

(In thousands)    Total      Level 1      Level 2      Level 3  (2)  

Assets:

           

Goodwill

   $ 57,416       $ —         $ —         $ 57,416   

 

(2) Level 3 assets and liabilities include goodwill which is valued based on unobservable inputs. See note 5 Goodwill for further discussion.

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