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DEBT (Tables)
3 Months Ended
Nov. 30, 2021
DEBT [Abstract]  
Schedule of Short-Term Borrowings Facilities Used Total Amount Short-term Letters of Facilities Weighted average of Facilities Borrowings Credit Available interest rate November 30, 2021 $ 131,000 $ 4,986 $ — $ 126,014 3.0%August 31, 2021 $ 131,000 $ — $ 97 $ 130,903 —%
Summary of Changes in Long-Term Debt (Amounts in thousands) Current‎portion of‎long-term debt Long-term‎debt (net of current portion) Total Balances as of August 31, 2021 $ 19,395 $ 110,110 $ 129,505(1)Proceeds from long-term debt incurred during the period: Guatemala subsidiary — 4,204 4,204 Repayments of long-term debt: Guatemala subsidiary (377) — (377) Costa Rica subsidiary (1,261) (109) (1,370) Regularly scheduled loan payments (1,739) (2,640) (4,379) Reclassifications of long-term debt due in the next 12 months 879 (879) — Translation adjustments on foreign currency debt of subsidiaries whose functional currency is not the U.S. dollar (2) (54) (85) (139) Balances as of November 30, 2021 $ 16,843 $ 110,601 $ 127,444(3) (1)The carrying amount of non-cash assets assigned as collateral for these loans was $153.5 million. The carrying amount of cash assets assigned as collateral for these loans was $7.0 million. (2)These foreign currency translation adjustments are recorded within Other comprehensive income (loss).(3)The carrying amount of cash and non-cash assets assigned as collateral for these loans was $146.0 million and $6.2 million, respectively.
Schedule of Annual Maturities of Long-Term Debt Twelve Months Ended November 30, Amount2022 $ 16,8432023 26,8362024 27,0242025 10,9072026 11,481Thereafter 34,353Total $ 127,444