Leases (Tables)

6 Months Ended

Feb. 29, 2020

Leases [Abstract]

Schedule of future minimum commitments

The following table reconciles FactSet’s future undiscounted cash flows related to the Company’s operating leases and the reconciliation to the operating lease liability as of February 29, 2020:

(in thousands)	Minimum Lease Payments
Years ended August 31,
Remainder of 2020	$	18,618
2021	38,574
2022	35,845
2023	32,147
2024	30,222
Thereafter	194,375
Total undiscounted lease payments	349,781
Less: imputed interest	64,716
Present value of total lease payments	$	285,065

Schedule of other information related to operating leases

The following table presents other information related to the operating leases recorded on the Consolidated Balance Sheets as of February 29, 2020:

Weighted average remaining lease term (in years)	10.5
Weighted average discount rate (IBR)	3.9%
Cash paid for amounts included in the measurement of lease liabilities (in millions)	$ 9.4