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Accumulated Other Comprehensive Loss (Tables)
6 Months Ended
Feb. 29, 2020
Equity [Abstract]  
Components of Accumulated Other Comprehensive Loss, Net of Tax

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

 

(In thousands)

 

Unrealized

Gain (Loss)

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 loss before

   reclassifications

 

 

(1,484

)

 

 

(2,278

)

 

 

(221

)

 

 

(3,983

)

Amounts reclassified from Accumulated other

   comprehensive loss

 

 

477

 

 

 

 

 

 

 

 

 

477

 

Balance, February 29, 2020

 

$

(9,848

)

 

$

(36,472

)

 

$

(2,001

)

 

$

(48,321

)

Amounts Reclassified out of Accumulated Other Comprehensive Loss

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

 

 

 

(In thousands)

 

February 29,

2020

 

 

February 28,

2019

 

 

Financial Statement Caption

(Gain) loss on derivative financial

   instruments:

 

 

 

 

 

 

 

 

 

 

Foreign exchange contracts

 

$

(140

)

 

$

769

 

 

Revenue and Cost of

revenue

Interest rate swap contracts

 

 

369

 

 

 

151

 

 

Interest and foreign

exchange

 

 

 

229

 

 

 

920

 

 

Total before tax

 

 

 

(61

)

 

 

(219

)

 

Income tax expense

 

 

$

168

 

 

$

701

 

 

Net of tax

 

 

 

Six Months Ended

 

 

 

(In thousands)

 

February 29,

2020

 

 

February 28,

2019

 

 

Financial Statement Location

(Gain) loss on derivative financial

   instruments:

 

 

 

 

 

 

 

 

 

 

Foreign exchange contracts

 

$

101

 

 

$

1,257

 

 

Revenue and cost of

revenue

Interest rate swap contracts

 

 

536

 

 

 

295

 

 

Interest and foreign

exchange

 

 

 

637

 

 

 

1,552

 

 

Total before tax

 

 

 

(160

)

 

 

(382

)

 

Income tax expense

 

 

$

477

 

 

$

1,170

 

 

Net of tax