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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Aug. 31, 2024
Accounting Policies [Abstract]  
Schedule of Joint Ventures The Company's ownership interest in a real estate development joint venture the Company has recorded under the equity method as of August 31, 2024 is listed below:
Real Estate Development Joint Venture
Country
OwnershipBasis of
Presentation
GolfPark Plaza, S.A.Panama50.0%
Equity(1)
(1)Joint venture interests are recorded as investment in unconsolidated affiliates on the consolidated balance sheets.
Summary of Restricted Cash The following table summarizes the restricted cash reported by the Company (in thousands):
August 31,
2024		August 31,
2023
Short-term restricted cash$1,383$2,865
Long-term restricted cash9,5649,353
Total restricted cash(1)
$10,947$12,218
(1)Restricted cash consists of cash deposits held within banking institutions in compliance with federal regulatory requirements in Costa Rica and Panama. In addition, the Company is required to maintain a certificate of deposit and/or security deposits of Trinidad dollars, as measured in U.S dollars, of approximately $4.4 million with a few of its lenders as compensating balances for several U.S. dollar and euro denominated loans payable over several years. The certificates of deposit will be reduced annually commensurate with the loan balances.
Schedule of Goodwill
The changes in the carrying amount of goodwill for the year ended August 31, 2024 are as follows (in thousands):
Amount
Goodwill at August 31, 2023
$43,110
Foreign currency exchange rate changes87 
Goodwill at August 31, 2024
$43,197
Summary of Value Added Tax Receivables
The following table summarizes the VAT receivables reported by the Company (in thousands):
August 31,
2024		August 31,
2023
Prepaid expenses and other current assets$3,322$2,774
Other non-current assets30,84536,060
Total amount of VAT receivables reported$34,167$38,834
Summary of Income Tax Receivables
The following table summarizes the Income tax receivables reported by the Company (in thousands):
August 31,
2024		August 31,
2023
Prepaid expenses and other current assets$20,088$17,749
Other non-current assets23,67919,176
Total amount of income tax receivables reported$43,767$36,925
Summary of Carrying Value and Fair Value of Debt The carrying value and fair value of the Company’s debt as of August 31, 2024 and August 31, 2023 is as follows (in thousands):
August 31, 2024August 31, 2023
Carrying
Value
Fair
Value(1)
Carrying
Value
Fair
Value(1)
Long-term debt, including current portion$130,360 $121,764 $139,680 $133,150 
(1)The Company has disclosed the fair value of long-term debt, including debt for which it has entered into cross-currency interest rate swaps, using the derivative obligation as of August 31, 2024 to estimate the fair value of long-term debt, which includes the effects that the cross-currency interest rate swaps have had on the fair value of long-term debt.
Net Effect of Foreign Currency Translation
The following table discloses the net effect of translation into the reporting currency on other comprehensive loss for these local currency denominated accounts for the years ended August 31, 2024, 2023 and 2022 (in thousands):
Years Ended August 31,
202420232022
Effects on other comprehensive income (loss) due to foreign currency restatement$693$33,708$(19,034)
Summary of Foreign Currency Gains (Losses) These foreign exchange transaction gains (losses), including transactions recorded involving these monetary assets and liabilities, are recorded as Other income (expense) in the consolidated statements of income (in thousands):
Years Ended August 31,
202420232022
Currency loss$(17,877)$(15,396)$(7,414)