DEBT (Tables)

9 Months Ended

May 31, 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		Letters of Credit		Facilities Available		Weighted average interest rate
May 31, 2024 - Committed	$	75,000	$	—	$	84	$	74,916	—	%
May 31, 2024 - Uncommitted	96,000		10,078		—		85,922		11.4
May 31, 2024 - Total	$	171,000	$	10,078	$	84	$	160,838	—	%
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 nine months ended May 31, 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:	(2,786)		(18,647)		(21,433)
Reclassifications of long-term debt due in the next 12 months	19,231		(19,231)		—
Translation adjustments on foreign currency debt of subsidiaries whose functional currency is not the U.S. dollar(2)	34		317		351
Balances as of May 31, 2024	$	36,672	$	98,426	$	135,098	(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 $135.2 million. The carrying amount of cash assets assigned as collateral for these loans was $2.0 million.

Schedule of Annual Maturities of Long-Term Debt

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

Twelve Months Ended May 31,	Amount
2025	$	36,672
2026	14,881
2027	39,122
2028	14,410
2029	4,411
Thereafter	25,602
Total	$	135,098