Note 7 - Other Comprehensive Income (Loss) and Accumulated Other Comprehensive Loss

6 Months Ended

Feb. 28, 2019

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

7

. OTHER COMPREHENSIVE INCOME (

LOSS

)

AND ACCUMULATED OTHER COMPREHENSIVE LOSS

The components of Other comprehensive income for the

three

months ended

February 28, 2019

and

2018

are as follows:

	February 28, 2019				February 28, 2018
(in thousands)	Pre-tax		Net of tax		Pre-tax			Net of tax
Foreign currency translation adjustments	$	5,026	$	5,026	$	9,400		$	9,400
Net unrealized gain (loss) on cash flow hedges recognized in AOCL		706		527		(2,170	)		(1,268	)
Other comprehensive income	$	5,732	$	5,553	$	7,230		$	8,132

The components of Other comprehensive (loss) income for the

six

months ended

February 28, 2019

and

2018

are as follows:

	February 28, 2019						February 28, 2018
(in thousands)	Pre-tax			Net of tax			Pre-tax			Net of tax
Foreign currency translation adjustments	$	(4,478	)	$	(4,478	)	$	17,866		$	17,866
Net unrealized gain (loss) on cash flow hedges recognized in AOCL		2,332			1,565			(2,934	)		(1,744	)
Other comprehensive (loss) income	$	(2,146	)	$	(2,913	)	$	14,932		$	16,122

The components of AOCL are as follows:

(in thousands)	February 28, 2019			August 31, 2018
Accumulated unrealized (gains) losses on cash flow hedges, net of tax	$	(1,204	)	$	(3,486	)
Accumulated foreign currency translation adjustments		(52,431	)		(47,953	)
Total accumulated other comprehensive loss	$	(53,635	)	$	(51,439	)