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Accumulated Other Comprehensive Loss
3 Months Ended
Nov. 30, 2019
Accumulated Other Comprehensive Loss
Note 9 – Accumulated Other Comprehensive Loss
Accumulated other comprehensive loss, net of tax effect as appropriate, consisted of the following:
                                 
(In thousands)
 
Unrealized
Gain (
L
oss) on
Derivative
Financial
Instruments
   
Foreign
Currency
Translation
Adjustment
   
Other
   
Accumulated
Other
Comprehensive
Loss
 
Balance, August 31, 2019
  $
(8,841
)   $
(34,194
)   $
(1,780
)   $
(44,815
)
Other comprehensive gain (loss) before reclassifications
   
2,154
     
(1,577
)    
(463
)    
114
 
Amounts reclassified from Accumulated other comprehensive loss
   
309
     
—  
     
—  
     
309
 
                                 
Balance, November 30, 2019
  $
(6,378
)   $
(35,771
)   $
(2,243
)   $
(44,392
)
                                 
 
 
 
The amounts reclassified out of Accumulated other comprehensive loss into the Consolidated Statements of Income, with financial statement caption, were as follows:
                     
 
Three Months
 
Ended
November 30,
   
(In thousands)
 
2019
   
2018
   
Financial Statement
Caption
(Gain) loss on derivative financial instruments:
   
     
   
Foreign exchange contracts
  $
241
    $
 
488
   
Revenue and
Cost
 
of revenue
Interest rate swap contracts
   
167
     
144
   
Interest and foreign exchange
                     
   
408
     
632
   
Total before tax
   
(99
)    
(163
)  
Income tax expense
                     
  $
 
309
    $
 
469
   
Net of tax