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DEBT (Tables)
 6 Months Ended
Feb. 28, 2015
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
February 28, 2015
$
59,387

 
$
4,470

 
$
380

 
$
54,537

 
5.86
%
August 31, 2014
$
61,869

 
$
—

 
$
436

 
$
61,433

 
N/A
Schedule of Long-term Debt Instruments [Table Text Block]
The following table provides the changes in our long-term debt for the six months ended February 28, 2015:
(Amounts in millions)
 
Current Portion of Long-term debt
 
Long-term debt
 
Total
 
Balances as of August 31, 2014
 
$
11,848

 
$
79,591

 
$
91,439

(1) 
Proceeds from long-term debt incurred during the period:
 
 
 
 
 
 
 
Panama subsidiary
 
1,000

 
9,000

 
10,000

 
Honduras subsidiary
 
1,600

 
6,750

 
8,350

 
Colombia subsidiary
 
1,500

 
13,500

 
15,000

 
Trinidad subsidiary
 
907

 
2,720

 
3,627

 
Repayments of long-term debt:
 
 
 
 
 
 
 
Repayment of loan by Honduras subsidiary, originally entered into on January 12, 2012 with Scotiabank El Salvador, S.A.
 
(3,200
)
 
—

 
(3,200
)
 
Partial repayment of loan by Honduras subsidiary, originally entered into on March 7, 2014 with Banco de America Central Honduras, S.A.
 
—

 
(5,000
)
 
(5,000
)
 
Repayment of loan by Honduras subsidiary, originally entered into on March 6, 2010 with Banco del Pais, S.A.

(87
)

—


(87
)
 
Repayment of loan by Trinidad subsidiary, originally entered into on August 26, 2008 with Royal Bank of Trinidad and Tobago, Ltd.
 
(900
)
 
(2,325
)
 
(3,225
)
 
Regularly scheduled loan payments
 
(579
)
 
(4,567
)
 
(5,146
)
 
Reclassifications of long-term debt
 
2,850

 
(2,850
)
 
—

 
Translation adjustments on foreign-currency debt of subsidiaries whose functional currency is not the U.S. dollar (2)
 
(147
)
 
(6,491
)
 
(6,638
)
 
Balances as of February 28, 2015
 
$
14,792

 
$
90,328

 
$
105,120

(3) 

(1) 
The carrying amount cash assets assigned as collateral for this total was $24.6 million and the carrying amount on non-cash assets assigned as collateral for this total was $84.2 million.
(2) 
These foreign currency translation adjustments are recorded within Other comprehensive income.
(3) 
The carrying amount cash assets assigned as collateral for this total was $24.0 million and the carrying amount on non-cash assets assigned as collateral for this total was $103.5 million.
Annual maturities of long-term debt
Annual maturities of long-term debt are as follows (in thousands):
Twelve months ended February 28,
 
Amount
2016
 
$
14,792

2017
 
29,679

2018
 
12,626

2019
 
12,176

2020
 
32,021

Thereafter
 
3,826

Total
 
$
105,120