Fair Value Measures (Tables)

6 Months Ended

Feb. 28, 2018

Assets and liabilities measured at fair value on a recurring basis as of February 28, 2018 were:


(In thousands)	Total		Level 1		Level 2 ⁽¹⁾		Level 3
Assets:
Derivative financial instruments	$	4,478	$	—	$	4,478	$	—
Nonqualified savings plan investments		24,710		24,710		—		—
Cash equivalents		105,791		105,791		—		—

	$	134,979	$	130,501	$	4,478	$	—

Liabilities:
Derivative financial instruments	$	716	$	—	$	716	$	—

(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, 2017 were:


(In thousands)	Total		Level 1		Level 2		Level 3
Assets:
Derivative financial instruments	$	3,814	$	—	$	3,814	$	—
Nonqualified savings plan investments		20,974		20,974		—		—
Cash equivalents		105,337		105,337		—		—

	$	130,125	$	126,311	$	3,814	$	—

Liabilities:
Derivative financial instruments	$	2,886	$	—	$	2,886	$	—