DEBT (Tables)

3 Months Ended

Nov. 30, 2014

Debt Disclosure [Abstract]

Schedule of short-term borrowings

Short-term borrowings consist of lines of credit which are secured by certain assets of the Company and its subsidiaries and in some cases are guaranteed by the Company as summarized below (in thousands):

			Facilities Used
	Total Amount of Facilities		Short-term Borrowings		Letters of Credit		Facilities Available		Weighted average interest rate
November 30, 2014	$	60,558	$	17,066	$	104	$	43,388	4.55	%
August 31, 2014	$	61,869	$	—	$	436	$	61,433	N/A

Each of the facilities expires annually and is normally renewed.

Annual maturities of long-term debt

Annual maturities of long-term debt are as follows (in thousands):

Three months ended November 30,	Amount
2015	$	10,932
2016	26,849
2017	17,754
2018	10,617
2019	25,649
Thereafter	4,509
Total	$	96,310