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DEBT (Tables)
12 Months Ended
Aug. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Debt Obligations Our debt obligations as of August 31, 2025 and August 31, 2024 consisted of the following:
(in thousands)Issuance DateContractual Maturity DateAugust 31, 2025August 31, 2024
Current debt
2022 Term Facility(1)
3/1/20223/1/2025$— $125,000 
Unamortized debt issuance costs— (158)
Total Current debt$— $124,842 
Long-term debt
2022 Revolving Facility(2)
3/1/20223/1/2027$— $250,000 
2025 Term Facility4/8/20254/8/2028375,000 — 
2027 Notes3/1/20223/1/2027500,000 500,000 
2032 Notes3/1/20223/1/2032500,000 500,000 
Unamortized discounts and debt issuance costs(3)
(6,740)(8,869)
Total Long-term debt$1,368,260 $1,241,131 
Total debt
$1,368,260 $1,365,973 
(1) The 2022 Term Facility was repaid in full on February 28, 2025.
(2) The 2022 Revolving Facility was repaid in full and terminated on April 8, 2025.
(3) Amount excludes the debt issuance costs related to the 2025 Revolving Facility which are presented within Other assets on the Consolidated Balance Sheets.
Schedule of Annual Maturities of Debt Obligations
As of August 31, 2025, annual maturities on our debt obligations, based on contractual maturity dates, were as follows:
(in thousands)
Maturities
Fiscal Years Ended August 31,
2026$— 
2027500,000 
2028375,000 
2029— 
2030— 
Thereafter500,000 
Total$1,375,000 
Schedule of Interest Expense
The following table presents the interest expense on our outstanding debt which is a component of Interest expense in our Consolidated Statements of Income:
Years Ended August 31,
(in thousands)
202520242023
Interest expense on outstanding debt(1)
$57,749 $65,412 $66,283 
(1) Interest expense on our outstanding debt includes the related amortization of debt issuance costs and debt discounts. Interest expense is net of the effects of our interest rate swap agreements.