DEBT (Tables)

6 Months Ended

Feb. 29, 2024

Debt Disclosure [Abstract]

Schedule of Short-Term Borrowings

Short-term borrowings consist of unsecured lines of credit and short-term overdraft borrowings. The following table summarizes the balances of total facilities, facilities used and facilities available (in thousands):

			Facilities Used
	Total Amount of Facilities		Short-term Borrowings		Facilities Available		Weighted average interest rate
February 29, 2024 - Committed	$	75,000	$	—	$	75,000	—	%
February 29, 2024 - Uncommitted	96,000		6,101		89,899		13.1
February 29, 2024 - Total	$	171,000	$	6,101	$	164,899	13.1	%
August 31, 2023 - Committed	$	75,000	$	—	$	75,000	—	%
August 31, 2023 - Uncommitted	91,000		8,376		82,624		13.2
August 31, 2023 - Overdraft Used (Uncommitted)	—		303		—		12.0
August 31, 2023 - Total	$	166,000	$	8,679	$	157,624	12.7	%

Schedule of Changes in Long-Term Debt

The following table provides the changes in long-term debt for the six months ended February 29, 2024:

(Amounts in thousands)	Current portion of long-term debt		Long-term debt (net of current portion)		Total
Balances as of August 31, 2023	$	20,193	$	119,487	$	139,680	(1)
Proceeds from long-term debt incurred during the period:
Panama subsidiary	—		16,500		16,500
Total proceeds from long-term debt incurred during the period	—		16,500		16,500
Repayments of long-term debt:	(1,683)		(14,700)		(16,383)
Reclassifications of long-term debt due in the next 12 months	19,091		(19,091)		—
Translation adjustments on foreign currency debt of subsidiaries whose functional currency is not the U.S. dollar(2)	14		154		168
Balances as of February 29, 2024	$	37,615	$	102,350	$	139,965	(3)

(1)The carrying amount of non-cash assets assigned as collateral for these loans was $156.2 million. The carrying amount of cash assets assigned as collateral for these loans was $3.5 million.

(2)These foreign currency translation adjustments are recorded within other comprehensive income.

(3)The carrying amount of non-cash assets assigned as collateral for these loans was $140.0 million. The carrying amount of cash assets assigned as collateral for these loans was $2.5 million.

Schedule of Annual Maturities of Long-Term Debt

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

Twelve Months Ended February 28 (except in case of leap year February 29),	Amount
2025	$	37,615
2026	16,506
2027	14,251
2028	40,358
2029	4,618
Thereafter	26,617
Total	$	139,965