Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Loss

6 Months Ended

Feb. 29, 2020

OTHER COMPREHENSIVE (LOSS) INCOME AND ACCUMULATED OTHER COMPREHENSIVE LOSS


The components of other comprehensive (loss) income for the three months ended February 29, 2020 and February 28, 2019 are as follows:
	February 29, 2020						February 28, 2019
(in thousands)	Pre-tax		Net of tax		Pre-tax		Net of tax
Foreign currency translation adjustments	$	(1,565)	$	(1,565)	$	5,026	$	5,026
Net unrealized (loss) gain on cash flow hedges recognized in AOCL	(281)		(208)		706		527
Other comprehensive (loss) income	$	(1,846)	$	(1,773)	$	5,732	$	5,553

The components of other comprehensive income for the six months ended February 29, 2020 and February 28, 2019 are as follows:
	February 29, 2020						February 28, 2019
(in thousands)	Pre-tax		Net of tax		Pre-tax		Net of tax
Foreign currency translation adjustments	$	6,222	$	6,222	$	(4,478)	$	(4,478)
Net unrealized gain on cash flow hedges recognized in AOCL	2,484		1,843		2,332		1,565
Other comprehensive income (loss)	$	8,706	$	8,065	$	(2,146)	$	(2,913)

The components of AOCL are as follows:
(in thousands)	February 29, 2020						August 31, 2019
Accumulated unrealized losses on cash flow hedges, net of tax	$	(423)					$	(2,266)
Accumulated foreign currency translation adjustments	(66,056)						(72,278)
Total accumulated other comprehensive loss	$	(66,479)					$	(74,544)