Fair Value Measures (Tables)

6 Months Ended

Feb. 28, 2017

Assets and liabilities measured at fair value on a recurring basis as of February 28, 2017 were:


(In thousands)	Total		Level 1		Level 2 ⁽¹⁾		Level 3
Assets:
Derivative financial instruments	$	232	$	—	$	232	$	—
Nonqualified savings plan investments		20,056		20,056		—		—
Cash equivalents		5,078		5,078		—		—

	$	25,366	$	25,134	$	232	$	—

Liabilities:
Derivative financial instruments	$	8,896	$	—	$	8,896	$	—

(1)	Level 2 assets and liabilities include derivative financial instruments that are valued based on observable inputs. See Note 11 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	$	—