Derivative Instruments (Tables)

6 Months Ended

Feb. 28, 2015

Fair Values of Derivative Instruments

Fair Values of Derivative Instruments

	Asset Derivatives					Liability Derivatives
		February 28, 2015		August 31, 2014			February 28, 2015		August 31, 2014
(In thousands)	Balance sheet location	Fair Value		Fair Value		Balance sheet location	Fair Value		Fair Value
Derivatives designated as hedging instruments
Foreign forward exchange contracts	Accounts receivable, net	$	1,330	$	129	Accounts payable and accrued liabilities	$	6	$	704
Interest rate swap contracts	Intangibles and other assets, net		—		—	Accounts payable and accrued liabilities		2,253		1,286
		$	1,330	$	129		$	2,259	$	1,990
Derivatives not designated as hedging instruments
Foreign forward exchange contracts	Accounts receivable, net	$	104	$	71	Accounts payable and accrued liabilities	$	4	$	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 derivatives	Gain recognized in income on derivatives six months ended February 28,
		2015		2014
Foreign forward exchange contract	Interest and foreign exchange	$	81	$	196
Interest rate swap contracts	Interest and foreign exchange		69		—
		$	150	$	196

Derivatives in cash flow hedging relationships	Gain (loss) recognized in OCI on derivatives (effective portion) six months ended February 28,					Location of gain (loss) reclassified from accumulated OCI into income	Gain (loss) reclassified from accumulated OCI into income (effective portion) six months ended February 28,						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) six months ended February 28,
	2015			2014			2015			2014				2015		2014
Foreign forward exchange contracts	$	1,204		$	1,388	Revenue	$	(134	)	$	239		Interest and foreign exchange	$	792	$	384
Interest rate swap contracts		(1,925	)		13	Interest and foreign exchange		(907	)		(828	)	Interest and foreign exchange		—		—
	$	(721	)	$	1,401		$	(1,041	)	$	(589	)		$	792	$	384