Notes Payable, net (Tables)

12 Months Ended

Aug. 31, 2017

Notes Payable, Net

	As of August 31,
(In thousands)	2017			2016
Convertible senior notes, due 2018	$	119,063		$	119,063
Convertible senior notes, due 2024		275,000			–
Term loans		184,001			184,906
Other notes payable		19,540			–
	$	597,604		$	303,969
Debt discount and issuance costs		(39,376	)		(2,116	)
	$	558,228		$	301,853

Principal Payments on the Notes Payable

Principal payments on the notes payable are expected as follows:

(In thousands)
Year ending August 31,
2018 (1)	$	130,263
2019		26,040
2020		166,301
2021		–
2022		–
Thereafter (2)		275,000
	$	597,604

(1) The repayment of the $119.1 million of Convertible senior notes due 2018 is assumed to occur in stock at the scheduled maturity in 2018 instead of assuming an earlier conversion by the holders.

(2) The repayment of the $275.0 million of Convertible senior notes due 2024 is assumed to occur at the scheduled maturity in 2024 instead of assuming an earlier conversion by the holders.