Fair Value Measures (Tables)

3 Months Ended

Nov. 30, 2016

Assets and Liabilities Measured at Fair Value on Recurring Basis

Assets and liabilities measured at fair value on a recurring basis as of November 30, 2016 were:

(In thousands)	Total		Level 1		Level 2 (1)		Level 3
Assets:
Derivative financial instruments	$	766	$	—	$	766	$	—
Nonqualified savings plan investments		17,161		17,161		—		—
Cash equivalents		5,077		5,077		—		—
	$	23,004	$	22,238	$	766	$	—
Liabilities:
Derivative financial instruments	$	13,341	$	—	$	13,341	$	—

(1) Level 2 assets and liabilities include derivative financial instruments that are valued based on observable inputs. See Note 10 Derivative Instruments for further discussion.

Assets and liabilities measured at fair value on a recurring basis as of August 31, 2016 were:

(In thousands)	Total		Level 1		Level 2		Level 3
Assets:
Derivative financial instruments	$	1,595	$	—	$	1,595	$	—
Nonqualified savings plan investments		15,864		15,864		—		—
Cash equivalents		5,077		5,077		—		—
	$	22,536	$	20,941	$	1,595	$	—
Liabilities:
Derivative financial instruments	$	7,466	$	—	$	7,466	$	—