Derivative Instruments (Tables)

3 Months Ended

Nov. 30, 2014

Fair Values of Derivative Instruments

Fair Values of Derivative Instruments

	Asset Derivatives					Liability Derivatives
	Balance sheet	November 30, 2014		August 31, 2014		Balance sheet	November 30, 2014		August 31, 2014
(In thousands)	location	Fair Value		Fair Value		location	Fair Value		Fair Value
Derivatives designated as hedging instruments
Foreign forward exchange contracts	Accounts receivable, net	$	616	$	129	Accounts payable and accrued liabilities	$	175	$	704
Interest rate swap contracts	Other assets		—		—	Accounts payable and accrued liabilities		2,126		1,286
		$	616	$	129		$	2,301	$	1,990
Derivatives not designated as hedging instruments
Foreign forward exchange contracts	Accounts receivable, net	$	24	$	71	Accounts payable and accrued liabilities	$	—	$	5

Effect of Derivative Instruments on Statements of Income

The Effect of Derivative Instruments on the Statements of Income

Derivatives in cash flow hedging relationships	Location of gain recognized in income on derivative		Gain recognized in income on derivative three months ended November 30,
			2014		2013
Foreign forward exchange contract		Interest and foreign exchange	$	54	$	74
Interest rate swap contracts		Interest and foreign exchange		56		—
			$	110	$	74

Derivatives in cash flow hedging relationships	Gain (loss) recognized in OCI on derivatives (effective portion) three months ended November 30,					Location of gain (loss) reclassified from accumulated OCI into income	Gain (loss) reclassified from  accumulated OCI into income (effective  portion) three months ended November 30,						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) three months ended November 30,
	2014			2013			2014			2013				2014		2013
Foreign forward exchange contracts	$	600		$	955	Revenue	$	(8	)	$	150		Interest and foreign exchange	$	494	$	170
Interest rate swap contracts		(1,335	)		1	Interest and foreign exchange		(456	)		(419	)	Interest and foreign exchange		—		—
	$	(735	)	$	956		$	(464	)	$	(269	)		$	494	$	170