Accumulated Other Comprehensive Loss

6 Months Ended

Feb. 28, 2017

Accumulated Other Comprehensive Loss

Note 8 – Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss, net of tax effect as appropriate, consisted of the following:

(In thousands)	Unrealized Loss on Derivative Financial Instruments			Foreign Currency Translation Adjustment			Other			Accumulated Other Comprehensive Loss
Balance, August 31, 2016	$	(5,492	)	$	(20,832	)	$	(429	)	$	(26,753	)
Other comprehensive loss before reclassifications		(2,188	)		(2,710	)		(850	)		(5,748	)
Amounts reclassified from Accumulated other comprehensive loss		3,151			—			—			3,151
Balance, February 28, 2017	$	(4,529	)	$	(23,542	)	$	(1,279	)	$	(29,350	)

The amounts reclassified out of Accumulated other comprehensive loss into the Consolidated Statements of Income, with presentation location, were as follows:

	Three Months Ended						Financial Statement Location
(In thousands)	February 28, 2017			February 29, 2016
Loss on derivative financial instruments:
Foreign exchange contracts	$	3,299		$	420		Revenue and cost of revenue
Interest rate swap contracts		288			387		Interest and foreign exchange
		3,587			807		Total before tax
		(759	)		(248	)	Tax expense
	$	2,828		$	559		Net of tax
	Six Months Ended						Financial Statement Location
(In thousands)	February 28, 2017			February 29, 2016
Loss on derivative financial instruments:
Foreign exchange contracts	$	3,442		$	686		Revenue and cost of revenue
Interest rate swap contracts		626			833		Interest and foreign exchange
		4,068			1,519		Total before tax
		(917	)		(468	)	Tax expense
	$	3,151		$	1,051		Net of tax